Uncle8888 may have learnt something over the past two years roaming across the island of Singapore.
What is that something behind our luck factor and chance in the world of randomness where we have no control over the events happening?
This may be also true in long-term investing where we have no control and cannot foresee the FUTURE decades ahead of us!
Uncle8888 bothers to pick up coin even it is 5 cents. That is 5% yield on $1 investment capital and FOC! Hmm .. okay. Just stop, blend down and pick up.
When Uncle8888 has realized the frequency of picking up coins and started taking photo to keep track of the number. It is nature of Ant who counts up to two decimal points to be accurate on data points.
From June to Dec 2018
We often hear and say it ourselves.
Oh you are lucky!
Yeah I am lucky!
So what is behind this Luck factor?
Hmm ... after last two years of roaming across the island of Singapore and becoming top public transport user identified by LTA. He now thinks that is the Law of Large Number behind our luck factor!
This may be applicable to long-term investing too.