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Just my thoughts #0766

Sometimes one event causes another. In such cases, the first event is often the result of a previous event that led to it. For example, if you roll a die and get a 3, that result already includes the number 3 on the die. If that’s the case, then we should consider that the number of ‘beings born’ in this world is very small compared to ‘things that never came into existence.’ ‘Coincidence’ is thinking that something can happen randomly, and ‘intention’ is excluding the birth of other things to make it happen. - Joseph’s “just my thoughts”

Just my thoughts #0092

James Simons founded Renaissance Technologies, the leading American hedge fund investor. He was, in fact, a mathematician. The Medallion Fund he ran had also seen a 200-fold increase in Berkshire Hathaway stock yield, matching Warren Buffett's performance. It was an incredible record, plain and simple. This conclusion was a subtraction of 5% of the management fee from the fund as a GP with 44% of the compensation fee. He invested in a cutting-edge "quant system" that trades stocks using sophisticated computer-aided algorithms. To eliminate emotional interference, the finance industry excluded employees. However, they recruited doctors like him from the science and technology fields. Even having extensive financial and investment knowledge, investment is the conclusion of action. Sound judgment beyond feelings is crucial for investment, but feelings are a variable. It's challenging to become wealthy if you don't control your emotions. In other words, emotions are a...