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Just my thoughts #0686

Entrepreneurship involves starting to invest in the stocks of my own company. However, unlike open-market stock investments, here you invest in your own business, not someone else’s. My company’s performance directly affects my shares. To excel at investing in your own company’s stock, focusing on one key area can significantly boost your chances of success. Conversely, to be good at investing in others’ stocks, it’s better to understand multiple business sectors rather than just one. Since investing in stocks focuses more on minimizing risk than maximizing returns, diversifying resources across several areas makes risk management more effortless. If you master risk aversion, you can reduce losses and increase your chances of surviving in a volatile market. If you are knowledgeable and well-informed, I recommend investing in others’ stocks rather than pursuing entrepreneurship. - Joseph’s “just my thoughts”

Just my thoughts #0258

A Korean AI company developed a language-learning AI for a 5-year-old, splitting it into two systems: one displaying only children’s videos and the other showcasing YouTube videos. After two months of learning, the company was eager to assess the results. They found that children using YouTube, with fewer restrictions, had better language-learning outcomes than those who watched only children’s videos. This raised a thought in me: parents’ efforts to protect their children from certain influences may stem from an unreasonable desire. Striving for perfection can feel woefully inadequate in this world. Isn’t the essence of education about equipping individuals with the knowledge of right and wrong and guiding them to maintain their humanity? - Joseph’s “just my thoughts”

Just my thoughts #0047

The reason that unboxing videos are so popular on YouTube is that consumers trust them. Consumers trust them to be on the side of the buyer, not the seller. Unboxing storytelling starts with the box and shows the product after it has been unpacked. It is entirely from the buyer's point of view. Sellers, on the other hand, want to show the product first. In the online world, being on consumers' side is more trustworthy than being honest and accurate - but that doesn't mean it's less important. If you need to earn trust, you should prove that you're on the customers' side. - Joseph’s “just my thoughts”