I don’t write because I know something. The more I write, the more I discover. Our brain’s thinking circuits and our writing circuits operate differently, and when we write, our various perspectives start to process things we previously only thought about. When we write, the action that remains as a graphic and continues to stimulate our eyes also influences our thinking. Training to think and understand a concept requires using several thought tools. Write every day without exception. It’s perfectly fine if you don’t do it stylishly, and it’s okay if you don’t write a lot. Write because the act of writing itself provides a fresh perspective on your thoughts. - 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...