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JUNE 11 ― 1. HUMANS have always struggled on striking a balance between short-term gains and long-term returns because the human brain is hard-wired to favour instant...
HUMANS have always struggled on striking a balance between short-term gains and long-term returns because the human brain is hard-wired to favour instant gratification. Hence, it is never easy to convince people to act now for a future gain, even though the benefit is clear. If it was that easy, everyone would be selling insurance!