"Watching the thoughts" means witnessing them come and go without getting involved in them. Normally we are always getting involved in the current thought. When depressing or happy thoughts arise, we "become depressed or happy". Witnessing means we have to see the happy thoughts, depressing thoughts, without becoming happy or depressed.
Read MoreIf the insight or ambition fostered earlier does not fit in with the present situation, all that is called for is a patient re-examination of your own mind and its outlook, and then a timely correction and re-orientation, by which your mind will survive with what is the best and outstanding in it.
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