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Just my thoughts #0630

Time Preference Rate. “The Marshmallow Tale” by Joachim de Posada and Ellen Singer describes the “Marshmallow Experiment” at Stanford University. The experimenter left the child alone in the room and gave the child a marshmallow, instructing the child to eat it immediately. However, if the child did not eat it within 15 minutes, the experimenter would give the child another marshmallow. Some children waited the full 15 minutes, while others stopped waiting early. These two groups were followed for 14 years, and as a result, the more patient children showed better social and mental abilities. Those who cannot tolerate waiting are said to have a high time preference rate, while those who are patient are described as having a low time preference rate. In investment, high and low time preference ratios are not necessarily good or bad because many investments depend on luck. The key is to find and stick to methods and principles that match one’s own tendencies. - Joseph’s “just my thoughts”

Just my thoughts #0019

A lifetime of tuna is about 10 years. They don't have any muscles to suck the water up and constantly have to be moving their bodies to breathe in the water. So, they can not be sleeping or resting a lifetime of tuna. Even going to sleep, tuna must keep on moving in a sleep-like state until their deaths, if they stop moving, they will be dead soon. According to the attribution, tuna can swim in water at over 100 km/h speed, they need so many other fishes as foods to supply the wasted energy for this fact. The tuna is paid for the huge price of becoming a top-rated predator. But I'm not a top predator, so why do I eat so much? - Joseph’s “just my thoughts”