There are two main ways humans can generate income: sales power and volatility. Added value is continuously created through production, which involves actions to generate this added value. By adding new layers of value to basic ones, additional value is created—for example, making bread from wheat flour. The ability to persuade someone to buy this added value is known as sales power. Therefore, VAT is a tax paid by the final consumer. When sales power is strong, a significant amount of added value remains, leading to wealth accumulation. The second method is volatility. We can buy and sell assets that create either fundamental or added value. The former includes items like gold or commodities, while the latter refers to companies and assets such as stocks. Volatility occurs because prices fluctuate based on the sales power of producers, creating added value, and the balance between supply and demand for assets. Warren Buffett has avoided investing in gold because it cannot generate add...
I've been writing every single day for three years. I also studied to find a way to write well. Then I saw the only way for my writing to improve. It was not a technique. It wasn't even an empathic piece. It was my writing fixed over and over again. The human brains improve with repetition. Anything secret key couldn't have been more helpful.
- Joseph’s “just my thoughts”
Comments
Post a Comment