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Just my thoughts #0692

The world we live in is not a simple system but a complex one. However, human history has often been seen as a simple system due to religious beliefs and ideology. Science was also viewed as straightforward. But as quantum mechanics advanced in recent times, it has become increasingly difficult to explain or interpret the phenomena of this world from the perspective of a simple system. The world of wealth-generating investing is no different. In a simple system, the ability to perform multiple functions at once, called ‘multi,’ is beneficial. Yet, in a complex system, having ‘insight (meta)’ to understand multi-dimensionality becomes crucial. Intuition to grasp connectivity has gained more importance. - Joseph’s “just my thoughts”

Just my thoughts #0079

"Asset" means the root of wealth. These “assets” live on credit. Each kind of faith is different. When someone trusts me, someone will trust my gentle character, my sincerity in keeping my promise, or my will to do what I do. In commercial transactions, however, other trading parties trust my “assets” rather than my personality. Even if you do not have a good personality, if you have a lot of assets, transactions with him are active. Wealth is faithful to principles and does not discriminate based on personality. But this does not mean that personality is unnecessary. - Joseph’s “just my thoughts”

Just my thoughts #0020

One of the most important essentials of business is cognitive dissonance resolution. When researching who watches the Ford Motor Company commercials the most, the results are not potential customers but purchased customers. They want to confirm that their decisions were right or to receive continuous support after their purchases. Because we can never go back to the past, getting confirmation and support from someone makes us easy and comfortable beyond our regrets. So the company's strategy should focus on repurchasing the existing customers, not the new ones. In many business cases, businessmen should avoid assumptions or predictions. We shouldn't run a business depending on our thoughts only. - Joseph's "just my thoughts