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”
People say content is money. That may be true, but money itself is also a type of content. Money is a way to exchange value or build wealth, but it also carries humanity’s stories. We cry and laugh because of money. Money reflects the rise and fall of empires or nations, hiding great stories inside it. Most top YouTube channels focus on content about money and wealth. We often hallucinate money with content. However, we don’t realize that money itself is an ingredient of content. - Joseph’s “just my thoughts”