Common means relatively few limits. Therefore, the common items should be inexpensive—for example, air. But just because it’s common doesn’t mean it lacks value. It simply signifies a lower price. Just because it’s almost free doesn’t mean it’s without merit. The sector a product belongs to affects the profitable connection between value and price. Daily necessities are inexpensive because they are common, but they hold significant value. If the imbalance between value and price exceeds the risks of an exchange opportunity, a profit is generated. If you capitalize on this opportunity and take a risk to purchase the imbalance, it is referred to as an investment. Opportunities always arise from imbalance. - Joseph’s “just my thoughts”
Although the ratios differ, human success results from many factors such as intelligence, experience, knowledge, attitude, integrity, and luck. Of these, self-development theory emphasizes only a few factors with a powerful influence. As in all cases, the causes of success are different. So when learning success stories, you need to know the pitfalls. It may be like a successful person, but it never becomes the same. References should be made, however, to suit my situation. Therefore, it is important to know your identity.
- Joseph’s “just my thoughts”
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