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Pretender to be tough easily shifts to be weak

  Pretender to be tough easily shifts to be weak I know one pretender to be tough. The person shifted to be weak after he/she lost own bluff. I thought about the difference between real confidence and bluff. Real confidence stands by our sides, but bluff is put on own faces. Real confidence makes us stronger. Bluff can make us both of stronger and weaker. In other words, real confidence is asset, but bluff is risk. The result of bluff will be better or worse than without bluff. (I don’t like such risk, so that I try not to use bluff.) I thought about below matrix. Result With Real confidence Without Real confidence With Bluff Middle Risk and High Return  High Risk and Middle Return Without Bluff Low Risk and Middle Return Middle Risk and Low Return I don’t know this matrix is true, but not so far from true. Then I thought about another things, “Are there perfect method?” If I have real confidence and don’t use bluff, there ar...
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Following money information

2018/1/13. Following money information, is it good strategy for life?

There are a lot of money information. We watch them, prefer or not. 
Think about money information, what is merit for providing money information?
I think that there is one merit, the followers do same thinking as the media intends.
This merit, follower’s effect, is just like advertising. If we do action after money information without thinking deeply, our money flys away.
Following money information is dangerous strategy. Especially, following only stock prices is very toxic to mind.

For example, 
J.P. Morgan CEO Jamie Dimon Now Says He Regrets Calling Bitcoin a 'Fraud'

This article shows that if someone believed & followed what JP Morgan CEO said in past, they would lost chances. (But Bitcoin, I don’t believe this new trick. And I think that JP Morgan CEO doesn’t change his thought, but his customers want to trade bitcoins.)

(How to escape from this strategy?
One method I do is googling the first source and reading them.
Important thing is reading the first source.
But we can’t read or watch the first source every time. At such time, I compare the some second sources about same information. Google is great tool if we can use it effectively.)


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