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Meditate, to make a killing

The practice is gaining traction among Wall St traders and fund managers, report KATHERINE BURTON and ANTHONY EFFINGER
Monday, June 2, 2014 - 06:00
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For peace of mind and profit: A fund manager who has been practising Transcendental Meditation for two years says, 'I react to volatile markets much more calmly now. I have more patience.' - PHOTO: AFP

WHEN stock and bond markets took a dive in late January, hedge fund manager David Ford kept his cool.

He watched emerging markets melt down and read warnings that the US economy could crater, too. As prices dropped, he overcame the impulse to flee with the rest of the herd and, instead,