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Showing posts with the label patterns

Just my thoughts #0707

Milutin Milanković argued that the Earth’s Ice Age was caused by a change in the Earth’s orbit around the sun. This change is said to affect the inclination of the Earth’s northern and southern hemispheres and reduce the amount of solar radiation. However, the main reason is believed to be that summer isn’t hot enough. The ice kept accumulating as summer passed, and winter arrived before all the ice could melt. Even in our lives, things we neglect tend to build up and lead to big problems. Small, untreated chores can produce significant results over time. Good luck or bad luck, maybe that’s all there is. - Joseph’s “just my thoughts”

Just my thoughts #0695

Consilience. When information is gathered to form knowledge and then used to gain insight through inspiration, it becomes wisdom. The world we live in is now multidimensional and a complex system. You can’t correctly interpret and understand it using only the simple patterns of a limited worldview. After collecting and discarding fragments of information and scattered knowledge, we must reconnect them to discover new patterns. Consilience is the ability to see wisely in a world filled with significant volatility and uncertainty. It’s a world where mistakes are easy to make if we only focus on one side. - Joseph’s “just my thoughts”

Just my thoughts #0548

Human relationships can break down in an instant, but most are the result of long-term mistrust . Likewise, reliability is built over time. A single special trigger can initiate this breakdown, with all outcomes being a continuous accumulation of small factors. When you reflect on your relationship, you may identify a certain pattern by reconsidering what earned your partner’s trust and what let them down. That pattern reveals my true self exposed to the outside. - 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”