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Just my thoughts #0667

Employees at securities firms have access to stock information that is more abundant and faster than what the general public receives. However, only a few among them are truly wealthy. Many believe that having a good environment, a prime location, and access to exclusive, valuable information will lead to wealth, but the reality is different. In truth, a person’s perspective and practical ability to understand the world hold greater power. A life dedicated to understanding the essence of phenomena and things ultimately enriches one’s existence. - Joseph’s “just my thoughts”

Just my thoughts #0043

If a New Zealand fisherman catches a seabream in New Zealand, he makes a profit of $9 per kilogram, but if a tourist catches it, $88 goes back to New Zealand. This is because to fish a seabream, the tourist has to spend money on flights, hotels, and all sorts of rentals. The opportunity cost and value-added will change as B2B becomes B2C. - Joseph's "just my thoughts"