Writing: Communicate verbally and express thoughts clearly. Among these, writing that records language is undoubtedly the most powerful way to harness the power of words. This is why teaching essay writing in private high schools and universities across the United States, and emphasizing writing throughout the school year, is equally important. Being skilled at writing doesn’t necessarily mean making good money, but if you can craft compelling stories, it can significantly help you become wealthy. Keeping an investment diary with storytelling elements in stock investing allows you to develop your core principles and minimize errors in your decisions. Writing is the most effective tool to enter the world of wealth. In the future, a significant gap is expected to exist between those who train to write and those who don’t. - Joseph’s “just my thoughts”
The Anchoring Heuristic In 1974, Tversky and Kahneman divided two groups and asked one group to calculate the value of "8x7x6x5x4x3x2x1" and the other group to answer the question "1x2x3x4x5x6x7x8" immediately. The average calculation result of the first group was 2,250, and that of the second group was 512. For both groups, the original answer is 40,320, which is the same. Although they multiplied by the same number, the first group multiplied by the order of the larger number, resulting in a higher baseline adjustment, while the second group did the opposite. When we judge and make decisions, the reference point determines the extent and direction of our illusion. When we live, we have to deal with these fallible human beings. - Joseph's "just my thoughts"