No matter how strong someone appears, they have vulnerabilities. In reality, such a person often forgets that their strengths come from their weaknesses. Even if you concentrate too much on your strong points, your weaknesses can be easily uncovered. Someone who gets disappointed or angry when things don’t go their way reveals their vulnerabilities too easily. If I slightly disagree or irritate the person, they can be easily manipulated. A truly strong person does not openly display their strength or weakness. - 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...