The price of a stock reflects the current valuation of a company based on its anticipated future performance. If the future looks uncertain, the current price is likely to fall; if it appears promising, it will rise. In other words, the company’s outlook on the future is mirrored in the current stock price. Investing in stocks essentially means buying and selling future values while trading at present prices. However, the reason I can’t buy the stock now is that I’m afraid its price will drop in the future. Conversely, if I cannot sell the stock when the price decreases, I struggle to do so because the loss caused by the expectation that the stock might increase, or by the missed timing for the sale, is too significant; this can overwhelm me with fear. Thus, stock prices are most readily influenced by the weight of ‘fear rather than desire.’ Even though the current stock price reflects future value, it often happens that this future value is not trusted. When we say that time is money,...
Traffic direction is influenced by history and traditions. What would occur if a country suddenly changed its travel direction? The costs of replacing road signs would be just the start; the nation would also need to revise traffic laws and control systems, leading to a higher frequency of accidents. Such a major change hasn’t occurred in any country since its inception. Globally, 165 countries have adopted right-hand drive (RHD), while 75 have implemented left-hand drive (LHD). Currently, 66% of the world’s population drives on the right, and 72% of all roads are right-sided. - Joseph’s “just my thoughts”