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Just my thoughts #0689

Moderation. Greed and despair stem from the same root: excessive desire. In investing, profits and losses are unpredictable, and the chance of losing is usually higher than the chance of gaining. It’s natural to want to make big profits with minimal damage, but the truth is that it’s not always possible. Ultimately, a disciplined person stays moderate through both profit and loss. It all requires courage. Temperance fosters consistent investment behavior. Without persistence, achieving great things in any area becomes difficult. It’s not easy, but in investing, only those who can stop and accept gains and losses as they happen are true winners. Greed is simply the seed of downfall. - Joseph’s “just my thoughts”
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Just my thoughts #0505

Psychologist Robert Epstein published a paper in 2002 that found that many couples who do not marry, due to affection being the main cause, such as in arranged marriages, develop romantic relationships with greater affection over time than couples who marry for love. In other words, love doesn’t change us; rather, when we change our behavior, greater love emerges. If you change your mind, your behavior will change, but in fact, if you change your behavior, it seems more reasonable to change your mind. Actions influence the mind.


- Joseph’s “just my thoughts”




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