Influence of Time: Time has the power to change the values of this world and people’s minds. The passage of time—past, present, and future—is only significant to humans, and if there is an all-powerful God, it likely holds no meaning for Him. Time accomplishes many things, and God rules the world through it. As time progresses, people change, and the world changes as well. When time flows, the world transforms, and it is natural for humans to adapt to these changes. My attitude toward time influences my values, which in turn shape my actions and perspectives. My values do not influence time; rather, time influences me. Observation is not just seeing the world but also seeing myself. It is a wise attitude to judge both myself, who is affected by changing times, and the world, which is already in flux. - Joseph’s “just my thoughts”
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...