Diving into the water without an oxygen tank is called ‘free-diving.’ It is a form of apnea diving in which divers must hold their breath for an extended period while diving deep into the water with just one breath of oxygen. The difficulty in holding the diver’s breath during this time is not due to a lack of oxygen but rather an increase in carbon dioxide concentration. In other words, if you keep your heart rate low and your metabolism slow, you produce less carbon dioxide, which allows you to dive for a longer duration. The only way to maintain a low heart rate is to remain as calm as possible. Maintaining calmness has numerous benefits in life. - Joseph’s “just my thoughts”
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”