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...
Simple calculation
Background
Bank Of Japan(BOJ) has 7% of Tokyo Prime stock market shares.
The shares book value is 34 trillion yen.
Tokyo stock market falls today
Sum of Tokyo Prime stock was 962 trillion yen at July 31, 2024.Index of Tokyo Prime stock was between 1400-1450 at July 31, 2024.
Today’s index was 1150.
In fact, 962:1425=x:1150.
X is 776.
At Aug 5, 2024, sum of Tokyo Prime stock was 776 trillion yen.
In fact, BOJ has 54 trillion yen of Tokyo Prime stock.
What do I want to say?
If index of Tokyo Prime stock falls down under 723, then BOJ bankrupts or becomes insolvent.1150 * 54 / 34 = 723.
If index of Tokyo Prime stock falls more 40% than today, Japan economy ends.
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