Investing means investing time, not people or assets. The object you invest in doesn’t generate money; time does. Failing to understand the role and principles of time in business and investment is a waste of energy. Because time is invisible, we often overlook it or fail to recognize its impact and role. This world is driven by probability. When dealing with probability, the first thing to consider is the invisible nature of time. Ignoring this fact leads to waste and inefficiency without us even realizing the damage. - Joseph’s “just my thoughts”
Addiction arises from the allure of immediate rewards. These instant gratifications clearly activate our brains, attracting those who favor such rewards. They play a critical role in shaping human activities and contributing to addiction. For example, if a student struggling to focus notices immediate improvements after studying for just a little while, they are likely to keep studying diligently. Similarly, if stock investors can confirm the traded stock price a month or a year later during their transactions, they may lose interest in trading. The timing of rewards greatly influences human interactions and societal structures. - Joseph’s “just my thoughts”