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Just my thoughts #0716

Walt Disney gained worldwide fame with the animated film ‘Steamboat Willie,’ but Disney’s first studio went bankrupt. By the mid-1930s, he had produced over 400 animations, most of which suffered heavy losses. In 1938, Snow White and the Seven Dwarfs made $8 million in just the first half—more than ten times the earnings of other films. Meanwhile, with this animation, the company paid overdue wages to its employees and recovered the losses it had sustained. An unusual event that changes everything is called a “tail event.” 40% of publicly listed companies in the U.S. stock market lose nearly all their market capitalization 10 years after going public. Business and investing, after all, are based on probabilities. No one knows what the “tail event” will be. Therefore, to succeed, you need to try small, steady, many times with little impact, even if you fail. - Joseph’s “just my thoughts”

Just my thoughts #0022

The essence of cubism is to get rid of the viewpoints of the object. Cubism shows us the inside and outside, top and bottom, front and back of the object simultaneously with 2D reorientation, as a result, the observer's viewpoints disappear altogether. Finally, cubism makes us see the whole of the object. If you want to see the real world, throw away your viewpoints completely. - Joseph's "just my thoughts"