Most people tend to underestimate themselves excessively. Many say, “Humility is the virtue,” perhaps influenced by social environment and education, but it’s more about recognizing mistakes and limitations than about one’s own potential. That is, self-judgment based on experience. Of course, there will be mistakes and limitations in the future that we haven’t yet encountered, but the possibilities and achievements will be just as numerous. If we assume the odds are about equal, then we shouldn’t need to underrate ourselves. Excessive self-confidence or showiness is a problem, but so is underconfidence. Too much or too little is called arrogance. In Christianity, it’s considered “sin.” - Joseph’s “just my thoughts”
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”
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