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Just my thoughts #0680

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”
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Just my thoughts #0215

Many people who attack and criticize others want to hide their fears. An emotion or intention in the mind tends to manifest when it reacts. The trait of a person who responds with fear is that they excessively hurt others, even when it’s unnecessary. Fear is not a personality; it’s merely the emotion necessary for survival.


- Joseph’s “just my thoughts”




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