Deepak Chopra on social media: Tune in or drop out

Deepak Chopra on social media: Tune in or drop out
Mind-body expert says advisers ignore cyberchatter at their own peril
JUN 08, 2012
Business leaders need to listen carefully to the global conversation taking place within social media, said author Deepak Chopra, co-founder of the Chopra Center for Wellbeing, who bills himself as a pioneer in the field of mind-body medicine. Listening and being aware is one of the key attributes for leaders, Mr. Chopra told attendees today at the Pershing LLC annual meeting in Hollywood, Fla. “Look and listen to the collective conversation, whether it's the Occupy Wall Street movement, your neighborhood or your own children,” said Mr. Chopra, one of the better-known supporters of the Occupy movement. But social media can be destructive, by taking us out of the moment, he said. “If we ignore social networks, we do so at our own peril. However, they can distract us from our experience of being in the present moment,” he said. “Every now and then check in” with yourself,” he said. “Ask, 'am I present? Am I aware?' That brings you to the moment. Being in the present -- that's a great skill leaders have.”

Latest News

IRA assets swell to $19.2 trillion as 401(k) rollovers drive growth
IRA assets swell to $19.2 trillion as 401(k) rollovers drive growth

IRAs now hold nearly twice the assets of 401(k) plans — and most of that money didn't arrive through annual contributions.

Women feel confident about saving, but many still keep cash in low-yield accounts
Women feel confident about saving, but many still keep cash in low-yield accounts

A new survey finds that many women prioritize financial security but continue to leave savings in accounts that may not keep pace with inflation.

SEC seeks comment on prediction-market ETFs after May pause
SEC seeks comment on prediction-market ETFs after May pause

Roundhill, Bitwise and GraniteShares funds remain on hold while the agency weighs how novel ETFs should be regulated.

Dump investment banks, buy alternative asset managers, says Oppenheimer
Dump investment banks, buy alternative asset managers, says Oppenheimer

"Shares of alternative assets managers have lagged this year as investors grow wary of private-credit exposure."

TaxStatus rolls out rules-based tool to flag advice gaps
TaxStatus rolls out rules-based tool to flag advice gaps

The fintech platform is touting a new AI-free Planning Observations feature, which draws on IRS tax records to uncover opportunities for advisors.

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income

SPONSORED Why direct indexing stopped being optional

Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.