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”
As contemporary science advances, it reveals that the brain characteristics of men and women are not strictly defined by gender. Even though there are anatomical differences between male and female brains, research continues to indicate that intelligence does not vary. The characteristics of men’s and women’s brains do not account for the differences in abilities between genders. Instead, a growing body of research suggests that what was once thought to define male or female brain characteristics is now seen as more fluid.
- Joseph’s “just my thoughts”
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