In primitive times, there was no such thing as ‘coincidence’ because all unknown and unpredictable events were interpreted as divine revelation. This reflects a religious and deterministic worldview. Since Christianity was dominant in the West, science also developed based on this deterministic perspective. However, with the rise of quantum mechanics, it has been revealed that the natural world we live in exists in an indeterminate state. Matter is in an uncertain state and becomes determined only when observed by an observer. In other words, the act of observation influences the behavior of the object being observed. To exist and to observe is a deeply metaphysical phenomenon. Do coincidences truly exist? When a decision was made in an undecided state, did God already know the outcome? How much freedom and discretion do humans really have? Does free will truly exist? - Joseph’s “just my thoughts”
James Simons founded Renaissance Technologies, the leading American hedge fund investor. He was, in fact, a mathematician. The Medallion Fund he ran had also seen a 200-fold increase in Berkshire Hathaway stock yield, matching Warren Buffett's performance. It was an incredible record, plain and simple. This conclusion was a subtraction of 5% of the management fee from the fund as a GP with 44% of the compensation fee. He invested in a cutting-edge "quant system" that trades stocks using sophisticated computer-aided algorithms. To eliminate emotional interference, the finance industry excluded employees. However, they recruited doctors like him from the science and technology fields. Even having extensive financial and investment knowledge, investment is the conclusion of action. Sound judgment beyond feelings is crucial for investment, but feelings are a variable. It's challenging to become wealthy if you don't control your emotions. In other words, emotions are a...