The most important rule in investing is not to lose your initial capital. Making money comes later. If you lose 50% of your principal, the loss rate is 50%, but to recover that principal, you need a 100% return. This is because the baseline of your return—the principal—has already been halved. Many people tend to think that if they’ve lost 50%, they only need a 50% return to break even. However, this is a misunderstanding of the starting point. In investing, the baseline is always the original principal. The principal after a loss is no longer the same; it’s already in the past. - Joseph’s “just my thoughts”
She laughed when God said she would conceive a son to the old Sarah. However, Sarah was pregnant and gave birth to her son Isaac, whose name means “smile.” The prophet Nathan rebuked King David in the words of God. David wept. The same God's words, some laughed, others cried. If Sarah's laughter was absurd, David's cry was repentance. The Bible rarely records people's unresponsiveness to God. You are at least worth the life if you can laugh or cry at something. Smile a lot and cry a lot. Life is short. - Joseph’s “just my thoughts”