Joseph's "Just My Thoughts"

The world of investing is full of uncertainty. Even if we understand the past, we cannot predict the future, and past patterns are not always reliable. To maintain stability and protect my interests in an uncertain world, I need to know my own limits for change. Based on these limits, I should develop small, regular response patterns. In other words, the key to overcoming uncertainty is my own consistency, guided by the thresholds I observe in the world around me. Small, steady behaviors and habits can help manage or minimize the impact of uncertainty. No one invests without expecting the asset’s value to increase over time. The issue is that no one can truly predict the future, and even correct predictions are mostly based on probability and luck. However, from a broader perspective, microscopic risks can be managed. For example, the macro principle “Every human dies” must be 100% true, even if individual behaviors are unpredictable. - Joseph’s “just my thoughts”

If you’re not a full-time investor and are considering an investment method, start by defining your identity. That means deciding what your main job is and what your side job is because it greatly affects your time management in investing and influences your results. If you can’t monitor stock trading daily or hourly, then you’re not a full-time investor and should treat investing as a side job. How I allocate my time for investing plays a crucial role in choosing and deciding how to invest. There are many different ways to invest around the world. Impatience is the main mistake that can ruin both my life and my investments. My view of time is that it’s my life. - Joseph’s “just my thoughts”

Survival is true success. No matter how successful you are, you can’t grasp the fruit with your hands if you can’t survive, and survival itself results from choosing excellence—something no one can fully attain. Of course, luck also plays a role in survival. So, survival is never easy. During tough times, these words of wisdom can help: “This too shall pass.” But we also need to prepare for what to do once that “passing time” has truly gone by. When you succeed, remember, “This too shall pass.” Whether it’s good fortune or disaster, success or failure, you should see all of these as just “processes.” However, if you see them as “conclusions,” everything is wasted. These attitudes demonstrate why a peaceful mind is the most useful and humility is the most valuable asset. In front of the “process,” everything is a high-variability asset whose value shifts. Even suffering follows the same principle. - Joseph’s “just my thoughts”

Businesses are more likely to succeed if they are intuitive. Education should also be intuitive to improve the learning experience. Most famous entrance exam instructors communicate principles or knowledge intuitively. To teach well means to teach in an intuitive way. A good example of intuition is ‘advertising,’ because it must deliver the core message quickly. If you cannot intuitively communicate your business or identity, internal members will struggle to communicate effectively with outsiders. People subconsciously reject complex content and complicated delivery methods. Efficient communication saves money and also boosts purchasing power. To stay competitive, you need to be intuitive. Intuition means that a message’s meaning and purpose can be conveyed with just one sentence or one word without any extra explanation. - Joseph’s “just my thoughts”

A baseball batter cannot hit a home run every at-bat. You might make a lot of money once with luck, but that’s a fleeting way to earn. If you generate a lot of money without even preparing a bowl, you might end up unhappy. The reason for emphasizing the ‘compound effect’ in investing is because it’s one of the few sustainable methods mankind has experienced. However, compared to our greed, ‘compound interest’ seems like a small rate of return right now, so many people break the rules they need to follow and take risky investments, putting themselves in danger. We can’t hit a home run every day. Valuing small profits and working to protect them will bring us good fortune. Greed leads to destruction. - Joseph’s “just my thoughts”

The examples of successful people should serve only as references, but you should use them as opportunities to reflect and consider yourself as the key to success. If you generalize the success secrets of successful people, you will eventually end up with meaningless advice that offers hope, and you might even undermine yourself. The circumstances, timing, qualities, and talents of successful people are not the same as mine, so it’s risky to generalize their secrets. Instead of making such broad assumptions, you can only succeed if you develop your own philosophy and approach based on your inclinations, qualities, and circumstances, using success secrets as inspiration. No matter how good the clothes are, if they don’t fit my body, they are useless. - Joseph’s “just my thoughts”