Be Good to Good People

Wed Sep 8 2021 5pm:

This week, I came up with a new saying on how to live with utmost happiness. It all boils down to 5 words. Do this correctly, and you’ll be happy beyond your wildest dreams. “Be good to good people.” It’s that simple really. Whenever you encounter hardships or even during the small decisions of daily life, be good to good people. Some may notice I haven’t mentioned how to tackle or deal with problematic people. It’s simple really. Based on the fact I haven’t mentioned problematic people in the 5-word sentence, means I don’t think about them. Because every minute I spend thinking about problematic people is a minute less I can spend with good people.

5:
As in the above statement, when concerning with financial peace-of-mind, it boils down to 6 words. You heard me say it a dozen times already. “Buy good companies at low prices.” And this phrase has held true for the past 3 years for me, as well as the past centuries for value investors. Anytime I’m not sure whether to buy a stock, I would ask myself am I buying this good company at a low price? If the answer is yes, I buy, even when all financial experts say sell. Anytime I’m not sure whether to hold a stock, I would ask myself did I previously buy this good company at a low price? If the answer is yes, I hold, even when all financial experts say sell.

P:
Today is the day that my parent and I become fully vaccinated from the regular version of Covid-19. Not an exceptional feat though, because of the Delta and Mu variants going rampant. But it does mean that we’ll have a barrier to lessen the health effects if we unluckily obtain the virus. And with another parent who can’t vaccinate because of pre-existing health issues, the spread of our weakened virus should be fought off by the immune system. By wearing masks, washing hands, and social distancing, I hope we won’t take the virus into our homes in the first place.

M:
In space, we can only see 15% of the matter in the universe, what is known as “regular” matter. These include stars, planets, moons, asteroids, dust, etc. The other 85% are not visible, but exists in the outer portions of large galaxies, including our own Milky Way. This “dark” matter is calculated to exist according to astrophysicists, it’s just that our present-day technology isn’t sophisticated enough to detect it. In my mind, this is similar to stock investing. We all know that buying good companies at low prices will deliver good returns over the long-term, just like we can see 15% of the regular matter in the universe. However, 85% or more of us choose not to buy good companies at low prices, probably due to laziness or impatience. Perhaps dark matter is lazily changing the universe behind-the-scenes, we’re just too impatient to realize it.

Image courtesy of Salon.com.