Future and Attitude : My current attitude toward the future shapes my outlook on it. How I perceive the future influences my actions and mindset now. By analyzing past experiences, I identify patterns that help me compare and validate my expectations and predictions for the future . In other words, the past serves as material for judging the future. Therefore, my judgments and current behavior stem from reflecting on the future I have already envisioned . If I don’t decide on my outlook and attitude toward the future, my present self remains undefined. This is known as ‘CONFLICT.’ Today, an unclear future coexists with past experiences that form specific patterns. Why is time important? Because to exist in the present, both past and future must be simultaneously present. If these two tenses are not reflected now, decision-making stalls , and conflict continues due to its effects. - Joseph’s “just my thoughts”
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”