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...
2023/12/31. Stock investment or Company investment I read some books about probability. I thought that the great investor, Warren Buffett might have invested to good companies, not to companies whose stock prices were likely to rise. This may be the principle. Investment to Good company Bad Company High stock price Normal or Not bad Bad Low stock price Good Normal or Not good There are several ways to find and measure which good or bad company is. The important point is to find good company, not company whose stock price is likely to rise.