The physical appearance attraction is something that everyone can see and understand intuitively, but is difficult to express in words.
So what makes a captivating face? It's hard to describe. When you see a good example, you just know it.
Several studies have tried to unlock the code of facial attractiveness. One of the most compelling arguments is that faces with average features tend to be the most attractive.
Taking a sample of 1000 people, software programs generate their average faces - artificially created faces with average cheekbone height, average interocular distance, and average lip fullness, among others. Especially cross-cultural (mixed race) images are often the most likely to be judged as the most attractive and are frequently used.
One evolutionary explanation is that non-average traits may have higher reproductive risks than average levels. They may or may not affect reproductive health, but it's like nature is implying, "Why take the risk? Stick to the average level."
People prefer familiarity. This applies not only to faces but also to products, occupations, and styles. It's almost like nature's risk management system.
Translated from Morgan Housel Feb 2023.

A year ago, after the huge bull market in 2021, I pointed out that investors chasing hot results are often burned to death, and just last week I described how investors fleeing volatility may always not get what they want.
Blogger Ben Carlson recently pointed out: The two columns are almost a full year apart, like bookends. They show the opposite polarization of the stock market and shareholders. Why is it so difficult to buy low and sell high?
When you buy high and sell low, you choose the path of least resistance: in a bull market, buying high feels great. Bash! But selling at a high price — or just buying more at a high price — is hard to do. It feels like you can't discourage people at a party; you must participate. I'm afraid I'll miss out on the best opportunity to make money easily.
In a bear market, selling at a low price brings relief (at least in the short term). At the same time, buying at a low price — or even staying the same when others panic — feels like throwing money around.
Buying and holding investments is often derided as a blind “one and for all” approach. But don't ignore the fact that resisting extreme market forces requires great emotional discipline.
It's relatively easy to set it up, and the hardest part is to forget it. Every day the investment industry bombards you with hype about recent performance and pretend to anticipate the future, trying to get you to buy high and sell low. That's why discipline is so important.
Just like Cliff Asness, founder of AQR Capital Management...

The last words of actor David Cassidy were "I wasted too much time in my life."
It is a terrifying thing to realize too late in life. As many of us spend our days aimlessly playing with our phones, this wastefulness of time becomes more common.
Regrets are a dangerous burden, as their ultimate cost is often hidden for years or decades. Decisions that are easy to make in the short term often come at a higher long-term cost.
Daniel Kahneman once said that to be an excellent investor, an important quality is to have an accurate understanding of your future regrets. If things don't go as you expected, you need to accurately understand and grasp the direction.
Regret is the best definition of risk.
Risk is not how much money you may lose. It's not even how you feel when you lose it - with time, many painful experiences turn into valuable lessons. The real risk is the possibility of regret years or decades later.
Jeff Bezos once described his decision to start the online bookstore Amazon in the mid-1990s: "The framework that makes decision-making extremely easy is the framework of minimizing regrets. Project yourself to the age of 80, and then look back on your life, trying to minimize regrets. It will be very important when you're 80 not to have regrets about having tried to participate in this thing called the internet."
"But what I know I would truly regret is not having participated when the Internet had been in its early stages."

This basically dates back to 14th century Italy, when bankers did business and trade on a large bench. They called it a bench, but it looked more like a large table.
But for all intents and purposes, they'll sit on this bench. They have tables, and in Italy they basically sit on benches around tables. You can imagine places like Venice, where all these bankers sit in the yard and they do their banking business on this bench.
If the bankers are insolvent and they are unable to continue borrowing or making payments, then publicly state and leave in shame to let people know that he is insolvent and is unable to continue and be out of the game. That person left a half-bench is a public sign of bankruptcy.
The Italian phrase at the time was bancar rta. It meant a bad bench. It meant bankruptcy. This is where our word bankruptcy comes from.
Excerpt from Feb5 2023 Investor Amnesia Jamie Catherwood

Investing once won't make you rich;
only possible with continued investment;
Exercising once will not make you healthy;
It is only possible if you exercise relentlessly;
Reading it once won't make you smart;
It is only possible if you read consistently;
Persistent action is the key to getting everything you want.
Excerpted from Brian Feroldi Jan 31 2023