The world of investing is full of uncertainty. Even if we understand the past, we cannot predict the future, and past patterns are not always reliable. To maintain stability and protect my interests in an uncertain world, I need to know my own limits for change. Based on these limits, I should develop small, regular response patterns. In other words, the key to overcoming uncertainty is my own consistency, guided by the thresholds I observe in the world around me. Small, steady behaviors and habits can help manage or minimize the impact of uncertainty. No one invests without expecting the asset’s value to increase over time. The issue is that no one can truly predict the future, and even correct predictions are mostly based on probability and luck. However, from a broader perspective, microscopic risks can be managed. For example, the macro principle “Every human dies” must be 100% true, even if individual behaviors are unpredictable. - Joseph’s “just my thoughts”
The most difficult writing in the Bible that I’ve ever read is ‘Job.’ In introducing ‘Job,’ the Bible states that he was a rich man of strong faith and the head of a happy family, but it does not explain the origins of the blessings he enjoyed. As he endures indescribable hardships, the reasons for his suffering remain unclear. In other words, he was blessed without explanation and suffered without explanation. The first part of the book of Job, which describes his blessings, contrasts with the latter part, in which he loses everything and eventually recovers for the first time. Yet, there is no explanation for this recovery either. Job’s life serves as a profound example of human experience. For many, the most painful aspect is to enjoy blessings without reason and to lose those blessings without reason. Our lives compel us to confront this reality, and that is the essence of our existence. - Joseph’s “just my thoughts”