#mferc 87. Occam's Razor

"A scientific theory should be as simple as possible, but not too simple." - Albert Einstein
"Occam's razor law", also known as "the law of simplicity", this principle can be traced back to at least Aristotle's "nature chooses the shortest path". The core content is "If it is not necessary, do not add entities", which is a simple and effective principle.
The three principles of Occam's razor:
1. According to the principle of minimum energy, our life should be as simple as possible, and the simple and effective way is to develop good habits.
2. Automatic transmission vehicles are gradually replacing manual transmission vehicles, also because automatic transmission satisfies the "simple and effective principle" for most users.
3. Application in the field of investment: In the face of complex investment markets, you should pick up Occam's razor, simplify complex things, simplify your own investment strategies, and distinguish those things that consume a lot of money, time, and energy, and then Take steps to get rid of them. Finally we end with a famous quote from Friedrich Maitland: "Simplicity is the result of long and hard work, not the beginning."