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”
As a classical composer, Beethoven was the first to assign the work number 'Op.' to his works. Music scholars numbered the works of other famous classical composers after they had passed away. Beethoven believed that his work would be passed on to future generations, and he made it his responsibility to do so. Therefore, uncharacterized works were not given an 'Op.', leaving him with fewer works than other composers. This attitude influenced other composers and made them responsible for their creations. Since then, of course, the number of works by composers has decreased. The responsibility of one person can affect a generation and beyond. - Joseph's "just my thoughts"