At Berkshire Hathaway’s 2013 shareholders’ meeting, Warren Buffett said, “I’ve owned 400 to 500 companies’ stocks in my lifetime, but only about 10 of them made the most money.” His lifelong friend and investment partner, Charlie Munger, added, “With the exception of some of Berkshire Hathaway’s best investment practices, long-term performance is near-average.” Many people know Warren Buffett’s return on investment better than his mistakes or failures. It’s because of those 10 companies that he succeeded in investing. If there is a positive, there must be a negative. It’s better to prepare a realistic alternative in case you fail than to try to avoid failing. Humans are probabilistic beings. - Joseph’s “just my thoughts”
The "problem" does not suddenly appear, but as a result of accumulating some serial accidents for a long time, this is the essence of the problem. However, the person who wants to solve the problem seeks to clarify it with just one stroke. That's egoism and contradiction. Such a person likes to listen to someone else's ear candy or wants to eat a piece of cake in someone else's greedy mouth. And because the person pours out the accusations and grumblings from the mouth, good people leave the side of this person. The stubbornness of staying unchangeable and comfortable makes greed easier than what is to be coveted something. - Joseph's "just my thoughts"