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Just my thoughts #0531

Adam Smith, the author of The Wealth of Nations, believed that “empathy is an intellectual activity that takes into account circumstances, motives, luck, social status, and human character of the person.” The moment we blame another person’s actions, we examine the appropriateness of those actions. Adequacy is a state of neither excess nor understatement. If everyone else thinks a person is bad but I advocate for that person by saying, “I can understand,” then I approve of their actions. This situation is called “mutual sympathy.” In our lives, we can be egocentric in some cases and relation-centric in others. The more mutual sympathy exists, the more relationship-oriented our thinking becomes. Both too much and too little can lead to tiredness or dissatisfaction. Pursuing happiness means finding this adequacy. - Joseph’s “just my thoughts”

Just my thoughts #0034

In mathematics, a "recursive proposition" is a proposition whose true or false value is fed back into the proposition itself. For example, "I can never allow this to happen before I die!" is a recursive proposition. Unfortunately, the condition for proving that this is possible is that I die. The problem is that you are dead once, you can not be longer the person who gives permission. This phenomenon also occurs in the investment business. The most common example of this is an investment in stocks. This is a recursive proposition because if the price of a stock goes up and you sell it, the sales volume directly affects the price. Therefore, the number of shares (trading volume) is one of the most important factors to be considerable when investing in stocks. This property of recursive propositions is a good explanation for why the large trading of stock volumes is difficult to work. - Joseph’s “just my thoughts”