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”
The dichotomy of history in which mankind has separated emotions and reason is long. People have thought that emotions are inferior and that reason is superior. In priority relations, emotions seem to have less stake than the reason in our minds. But let's see a psychopath. The rationale for justifying their bizarre behavior is mostly reason and logic. Emotions, especially empathy, are hard to find for them. If the work is done with reason and logic only, the chances of success may be high, but there remains a high possibility of aftereffects. The world moves in a way that values emotions more. - Joseph's "just my thoughts"