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”
“Road Runner” in Warner Bros. animation “Looney Tunes” only runs. To catch it, the villain, “Wile E. Coyote,” digs a trap but only gets beaten by himself every time. However, if it is not a cartoon, the severity of the accidents that “Wile E. Coyote” suffers traps him every time is fierce. We do not acknowledge it. We even watch with the children and laugh together. Because we think that in our brains, “This is animation; it’s just a cartoon, not reality…” Realism has a profound effect on our morality. - Joseph’s “just my thoughts”