People fall due to stubbornness rather than a lack of intelligence. However, that doesn’t mean we’ll succeed simply by letting go of stubbornness. Failure and success follow different formulas. These two subjects belong to different dimensions and involve distinct elements and processes. Still, baseless stubbornness is an issue worth considering. Because of this stubbornness, not only does one suffer, but others also experience harm. - Joseph’s “just my thoughts”
Price and value are different things. Value is relative and subjective, but price makes those numbers tangible and helps us empathize with others. The result of that empathy is a deal, an exchange. Only when value is assetized does wealth arise. The way to assetize values is to price them. In other words, pricing is the process of valuing assets. Determining whether the value assigned to an asset is appropriate is called investment. From an investor’s point of view, investment begins by questioning the objective price of an asset. Consumption is the exchange of goods and services at a price agreed upon by all parties. Consumption and investment are two distinct concepts. - Joseph’s “just my thoughts”