The most important rule in investing is not to lose your initial capital. Making money comes later. If you lose 50% of your principal, the loss rate is 50%, but to recover that principal, you need a 100% return. This is because the baseline of your return—the principal—has already been halved. Many people tend to think that if they’ve lost 50%, they only need a 50% return to break even. However, this is a misunderstanding of the starting point. In investing, the baseline is always the original principal. The principal after a loss is no longer the same; it’s already in the past. - Joseph’s “just my thoughts”
In languages such as English, the form or pronunciation of an article differs depending on whether the following noun begins with a consonant or a vowel. In other words, the change in the article that precedes the noun (e.g., ‘a’ or ‘an’) is influenced by the noun that follows it. There is a logical contradiction in that the article must be pronounced before the nouns to follow, yet it must already be determined and spoken even if the noun hasn’t been stated yet. This situation presents a challenge. A significant cognitive process occurs in an English-speaking person, where one must speak while simultaneously predicting the words that will come next. Learning a foreign language involves training your brain to make this process habitual, reducing the prediction time and requiring less cognitive effort. Ultimately, one must rely on patterns that are memorized through repetition. Thus, memorization and repetition serve as effective strategies to overcome these contradictory connections. -...