Everything that is expressed and recorded externally, such as cell phones, computers, memos, books, and drawings, is an extension of the brain. Our brains aren’t just inside our bodies. This concept is important because extending the ego greatly influences how we see the world. We pay close attention to topics that involve us personally. Self-relevance is a key factor that drives our lives. Personal relationships and possessions get a lot of focus, while other areas seem less important. This is due to a feature of the human brain called ‘selective cognition.’ As civilization advanced, humans delegated parts of the brain’s functions to machines. It was inevitable to make good use of these tools. We should take an interest in the Homo Faber. - Joseph’s “just my thoughts”
You should buy stocks when they are cheap and sell them when they are high to make a profit. However, is this principle only applicable to stocks? All assets should be purchased when they are inexpensive and sold when they are at a high value to create and maintain wealth. Stock prices are easier to fall than to rise. Temptation leads to fear, and fear leads to temptation. People want to buy something that is becoming expensive (or has its price inflated) and sell it quickly because they fear the price will drop. Of course, if the fear is too intense, it becomes challenging to act, so you may refrain from selling even though you know the price will decline further. If this is instinct, then buying and selling stocks should be reversed. Stock prices are more complicated to rise but easier to fall. The rise in price occurs because the performance value must act as the energy for the stock. Therefore, stocks should be viewed as good to buy rather than good to sell. A stock’s fate is ...