Recently, I have been feeling the impact of predicting crowd movements. While sewing bags, my financial assets have soared multiple times over the past year, even without leverage.
Although I still don’t know if my economic reasoning is reasonable, understanding the principles of the world and investing can enrich us. It could be an effective lifestyle for empathic and logical people.
That experience taught me the necessity of thinking for oneself. Let’s discuss it.
The meaning of thinking for ourselves
Sometimes, we want to know the meaning of some people’s strange teachings. People who achieve unique success sometimes say things that are unconventional and difficult to comprehend.
One example is thinking for oneself.
This approach contradicts the recent trend of maximizing the use of internet technologies. We can obtain new knowledge and methods on the internet. We believe that learning and using them before others provides an advantage. It looks clear that it is more efficient to use others’ information and wisdom.
I used to think that way as well.
However, I came to prefer thinking and deciding for myself to relying on information on the internet. Now is a time when we need to develop our logic and judgment, especially for those who are empathic and logical. Today, I will explain why. This perspective can help you invest moderately.
Two periods of mass movement
Thinking and deciding for oneself is now more efficient than relying on information on the internet, especially for those who want to distance themselves from the crowds.
There are two periods depending on the movements of the masses, as follows:
- The period when many people’s attention is scattered: it is more effective to set a unique goal and apply new technologies, leveraging the expertise of others. In this period, the movement of the masses is slow, and small organizations become active.
- The period when many people are rushing in the same direction: it is more advantageous to distance oneself from the crowd and invest by predicting their movements. It requires thinking for ourselves. In this period, people tend to gather and form several large powers.
Now is the latter. Many people rely on technologies to access the latest advancements, believing they can excel over others by utilizing them.
Keeping a distance from the competition
However, in the human economy, efficient cooperation generates wealth. Filling what society lacks most in that situation creates the highest profit.
In other words, winning competition differs from collaboration. Victory is just one part of social cooperation. The more people lean into competition in one area, the more opportunities arise in different, irrelevant places.
Investment is an activity of anticipating the future and preparing for it. It requires a broader, historical perspective than the masses. That is why we need to think and decide for ourselves.
In my case, I am currently trying to understand the economy and war from a broader, historical perspective. Despite its abstract appearance, it helps me predict the future. Although it is applicable only in the super-long term, it alone seems sufficient to generate enough profit for a comfortable living.
My logic tells me that we need to be careful, especially when many people become confident and trust their methods. This would be the perspective of people who go against the masses.
Conclusion
That is why I came to prefer thinking and deciding for myself to relying on information on the internet.
Now is a time when we need to develop our logic and judgment, especially for those who want to distance themselves from the crowds.
This perspective can help you invest moderately.
Thank you for reading this article. I hope to see you in the next one.
