Volatility and Investment: The phenomenon where an asset’s price fluctuates over time is called volatility. Owning and reselling this volatile asset is known as an investment. The concept of buying and reselling an asset often causes us to overlook the fact that this process involves a trade-off between low-volatility and high-volatility assets. Cash is less volatile than stocks, and stocks are relatively more volatile. In other words, investing involves exchanging low-volatility assets for high-volatility assets and then switching back to low-volatility assets. Meanwhile, surplus profit is generated by the price differences caused by volatility. What would happen if we traded only highly volatile assets with each other? We would probably hesitate to exchange assets and might refrain from investing. In investing, there must be both low-volatility and high-volatility assets. - Joseph’s “just my thoughts”
The northern hemisphere is in summer, while the southern hemisphere is in winter. Argentina’s Patagonia experiences temperatures as low as -16 °C for a week, even during the summer season in the northern hemisphere. This phenomenon makes it clear that the season is not merely a concept of time. You are correct in viewing the season in terms of place and environment. If you live in the same place simultaneously, both the place and the environment affect human beings. Nevertheless, we keep making excuses. Making excuses about time doesn’t cost anything, and it has a universality that is easy to sympathize with… - Joseph’s “just my thoughts”