Just my thoughts #0092

James Simons founded Renaissance Technologies, the leading American hedge fund investor. He was, in fact, a mathematician. The Medallion Fund he ran had also seen a 200-fold increase in Berkshire Hathaway stock yield, matching Warren Buffett's performance. It was an incredible record, plain and simple. This conclusion was a subtraction of 5% of the management fee from the fund as a GP with 44% of the compensation fee. He invested in a cutting-edge "quant system" that trades stocks using sophisticated computer-aided algorithms. To eliminate emotional interference, the finance industry excluded employees. However, they recruited doctors like him from the science and technology fields. Even having extensive financial and investment knowledge, investment is the conclusion of action. Sound judgment beyond feelings is crucial for investment, but feelings are a variable. It's challenging to become wealthy if you don't control your emotions. In other words, emotions are also an important asset.

- Joseph’s “just my thoughts”

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Just my thoughts #0006

"Apples are the fruit" is a true proposition. At this time, "apples" are a Sufficient Condition to be fruit, and vice versa, because the "fruit to be an apple is more necessary for other conditions such as "red, round", the fruit is a Necessary Condition to become an apple. If the proposition of "If you respect someone, you'll get married" is "true," it's a "Sufficient Condition" to find someone you admire for marriage, but it's just only a "Necessary Condition" to find someone to marry for respect. Even with respect, you can not get married. You can't get married even if the Reverse Proposition is "true." Because marriage is a matter of "choice" before conditions or needs. If you want a respectable man, you can find a great man. To live comfortably, you can find a rich man. So, is there no Necessary-Sufficient Proposition for a marriage (conditions where both the proposition

Just my thoughts #0007

"Discount" is the sacrifice of the value-added you have created. Failure to produce Value Added will result in no profit, and there is a greater chance that the net worth will decrease as much as the profit that has been reduced. The problem is the customer. "Discounting from the start" and "selling at a discount" are strictly different for customers. Neither can do it right if the sellers don't know the "cost". Surprisingly, many businessmen do business without knowing the value they add and the cost. - Joseph's "just my thoughts"

Just my thoughts #0008

Those who value ‘justice' and ‘morality' tend to regard even a little ‘exaggerated’ expression as ‘false’ or ‘immoral.’ They also reject ‘rhetorical exaggeration' to emphasize expression. But ‘exaggeration' is only important for its ‘intention and purpose’ and is by no means ‘false’ in conveying meaning. ‘Rhetorical exaggeration’ is not a fabrication, but an emphasis. Rather, people want to prove their own integrity, and then push the ‘rhetorical exaggeration' to the one side as it is false and use that 'rhetorical exaggeration’ as a way to intimidate someone who used it is immoral. - Joseph’s "just my thoughts"

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