Zindel Segal was in a Toronto bookstore a few weeks ago, when a title caught his eye. The book, The Mindful Investor, caused him a moment of shock and panic.
“I turned to someone and said, ‘This is the beginning of the end,’ ” recalls Dr. Segal, who heads the cognitive behaviour therapy clinic at Toronto’s Centre for Addiction and Mental Health.
The book, which purports to explain how a calm mind can help a person achieve financial security, is a sign that the concept of mindfulness is making a leap into mass popularity. But that doesn’t mean people actually understand it, he says.
Mindfulness is a technique for slowing down and examining one’s thought processes, and learning to be in the moment. Based on Buddhist principles, it became popular in the United States in the 1970s, and was taken up by celebs such as Meg Ryan and Goldie Hawn. Today, researchers are studying its benefits for everything from depression to stress.
In a multi-year study, whose results were published last month in the Archives of General Psychiatry, Dr. Segal and a group of colleagues found that mindfulness meditation – the term they use is “mindfulness-based cognitive therapy” – was just as effective as antidepressants when it came to preventing depression relapse.
Dr. Segal, who was one of the developers of the therapy, teaches it at CAMH in group treatment sessions with patients who have…