Category: Reading Notes

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Capital markets never speculate on “what if a blockbuster hits” — they always look at the downside protection first.

Project A’s annualized return ranges from a minimum of 10% to a maximum that might be just double. Project B’s annualized return could be as low as -90%, but its ceiling might be hundreds of times higher.

In reality, do you think more people invest in A or B?

Everyone does—it’s the same pattern. People gravitate toward certainty. Among all things, certainty is the most precious, and also the easiest to exploit for scams.

It’s not that there’s no way out, it’s whether you’re willing to walk the path.

The better a student is, the more they actually wish the exam would be harder — the harder it is, the more they benefit.

This is what we call: “the poor suffer, the good prosper.” The world does not share our joys and sorrows. Whether it’s a crisis or an opportunity — whether it comes with a terrifying face or a gentle breeze — that doesn’t depend on the situation itself, but on you.

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