Aristotle believed that happiness was the ultimate goal of human life. We often comfort ourselves by saying that wealth does not guarantee happiness, especially when money is tight. But is that really true? How much wealth do we actually need to feel happy? Psychologist Professor Eun-guk Seo suggests that Aristotle’s view is just a personal perspective—not a scientifically proven fact. He explains that, in nature, survival is the primary goal, and happiness is more of a tool for survival than an end in itself. So why do we work hard and strive to earn money, even in tough times? While money may not guarantee happiness, it can help us live more comfortably. In the end, economic activity is about survival—if we can’t meet our basic needs, it’s hard to enjoy happiness or convenience. - 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”