Compound Interest : Interest added to the original principal and its accumulated interest. Even if an asset’s price is too high or too low, it eventually converges to the market average . In fact, even with significant price volatility , it is only a matter of time before it aligns with the market average. However, there are occasions where it surpasses this average, and that’s when compounding becomes influential. Market prices reflect the actions of participants and the economic environment affecting their prices. Although sometimes distorted, they eventually revert to prices implicitly agreed upon by participants. But compound interest is a system specifically designed to outperform this market average. Interest can be monetary, but it can also be other economic effects or energy . By understanding and harnessing the power of compound interest , we can gain a significant advantage in our lives. - Joseph’s “just my thoughts”
The fantastic idea I had was that someone else in the world had the same idea. An easy place to check is the stock market. People in the world are either as smart as I am or smarter than I am. There are no good ideas, only different thoughts. It is essential to try to think differently from others, even if the utility value of different thoughts is not high. The utility value of thought increases only when the ability to grasp the essence and the experiences gained from life come into play. Think differently from others within your own abilities.
- Joseph’s “just my thoughts”
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