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Showing posts with the label exceptions

Just my thoughts #0818

Contradictions and Possibilities: As long as ‘spear’ and ‘shield’ exist simultaneously in this world, contradictions will inevitably occur. Contradictions are not problems to be eliminated entirely but rather things to be utilized and adapted. A contradiction is merely a logical confusion, not a flaw. The key feature of contradiction is that it exposes possibilities and opportunities, as long as it is not limited by logic. In other words, a contradiction is simply a state, not a final conclusion or decision. During a contradiction, the direction in which it progresses presents an opportunity to discover new possibilities or opportunities. When facing a contradiction, it’s important to carefully analyze why this state has been reached. - Joseph’s “just my thoughts”

Just my thoughts #0508

The most important aspect of investing is managing risk. However, in most cases, risk management is interpreted and assessed in relation to past patterns. When asset prices fall, the perceived risk appears significant. That doesn’t imply there weren’t risks; investors simply didn’t recognize the risks that originally existed. The level of risk is almost identical whether the price of an asset goes up or down, but when prices decline, they tend to drop further because fear prevents us from purchasing more assets, leading us to retreat. It’s not that the risk has escalated. It is unwise to link risk with past patterns. There have been numerous exceptions in the world, and many beings on this planet have disappeared because they could not adapt. Did dinosaurs not become extinct on Earth ? Exceptions are exceptions because they are unpredictable. - Joseph’s “just my thoughts”