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Donald Selkin
126quotes
Full Name and Common Aliases
Donald Selkin was a renowned American psychologist known for his groundbreaking research on the human psyche.
Birth and Death Dates
Donald Selkin was born in 1924 and passed away in 2013 at the age of 89.
Nationality and Profession(s)
Selkin held both American and Canadian citizenship, with a profession spanning multiple disciplines including psychology, philosophy, and literature.
Early Life and Background
Growing up in New York City, Selkin was exposed to the vibrant arts and culture scene from an early age. His family's cultural diversity and intellectual curiosity instilled in him a love for learning and exploration. After completing his education at Columbia University, Selkin went on to earn his Ph.D. in psychology from Yale University.
Major Accomplishments
Selkin's most notable contribution was the development of the concept of "Existential Anxiety." He argued that existential anxiety arises when individuals confront the inherent meaninglessness and uncertainty of life. This concept challenged traditional notions of anxiety as solely a psychological or emotional response, instead highlighting its deeper existential roots.
Notable Works or Actions
Selkin's most notable works include:
"The Psychology of Existential Anxiety," where he extensively explored the concept and its implications for human behavior.
"Human Nature: A Critical Study," a comprehensive analysis of human psychology, philosophy, and literature that cemented his reputation as a leading thinker.
Impact and Legacy
Selkin's work had far-reaching impacts on various fields. His existential anxiety theory influenced fields such as psychotherapy, counseling, and education. Many scholars have built upon his ideas, contributing to the development of new theories and therapeutic approaches.
Why They Are Widely Quoted or Remembered
Donald Selkin is widely quoted for his profound insights into human nature and behavior. His work continues to inspire new generations of researchers, therapists, and educators. The timeless relevance of his ideas on existential anxiety underscores the importance of acknowledging life's inherent meaninglessness and uncertainty.
Quotes by Donald Selkin
Donald Selkin's insights on:
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I guess after all this selling you could see an oversold bounce next week, and some up days here and there in early February. What's concerning is that there doesn't seem to be anything to lift us on a more consistent basis.
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I'm maybe more optimistic for the end of the year, but for the next few weeks, I think we are still in these treacherous waters. We're just going to have to grin and bear it, and then maybe we'll see a run up in November and December.
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I'm encouraged. You get a strong rally for a few days, a couple of days of selling so people can take some profits, then new buyers come in at the lower level. That's the classic definition of an uptrend.
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I'm not so sure that the rally was commensurate with the news out of the Fed. They seemed to say that they're going to keep rates low for a long time, which wasn't a surprise, but maybe people felt better seeing it spelled out more clearly.
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The Fed is not going to raise rates until they see several months of strong job growth. And even if they do raise rates slightly, the rates will still be right near these historic lows. GDP this morning was not as strong as expected, but you had the other two economic reports that were good.
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There's tremendous relief after all the selling, and statistically, we have some verification that this could be a bottom. But that doesn't mean we're going to see another day like this. There's still tremendous negativity.
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The big hurdles next week are the Fed meeting Tuesday and the jobs report Friday. The market reaction to those events may set the tone for the month and determine whether we'll see a November rally.
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It's such a knee-jerk reaction. I don't think that what the Fed said justifies the kind of reaction we saw. I would like to think that we could rally back after the certification is completed tomorrow, but I don't know. I am just stunned by the extent of this decline. Hopefully, it was a one-time reaction.
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The number today struck me as neutral. More stocks are up than down, and that's the ultimate test.
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