Stock prices fluctuate constantly. There are several reliable ways to mitigate stock price volatility: trading short-term gap price differences, buying and selling with momentum, or holding high-quality stocks for the long term until volatility averages out. When stock price movement is mathematically differentiated by time, the instantaneous price emerges—but humans cannot act in microseconds. In contrast, computers, with enhanced performance, can now trade at these speeds. Furthermore, by using artificial intelligence to analyze stock data, computers can reduce mistakes and trade algorithmically, unaffected by emotion. Still, even computers are limited if humans incorrectly input trading rules. Humans are not suboptimal investors due to a shortage of information or knowledge, but because they often fail to follow the necessary rules in each situation. - Joseph’s “just my thoughts”
Olfactory: Charles Spence, the world-renowned scientist who invented gastrophysics, explains that although aging diminishes all human senses, most people believe they would miss sight the most. However, according to quality-of-life indicators and suicide rate data, losing the sense of smell is actually more harmful than losing sight. Even if we lose sight as we age, we can still find comfort in hearing the voices of loved ones and recalling memories. In contrast, when we lose our sense of smell, there is no way to recreate those experiences, and memories of scents cannot be imagined or recalled in abundance. To enrich our lives, we should focus on increasing our scent experiences, as the ability to smell is a key contributor to happiness. - Joseph’s “just my thoughts”