When investing in a market where asset trading is ongoing, persistent, and prices are constantly fluctuating, the most important factor is the perception and attitude toward “time.” Here, time refers to a defined “period,” a concept that encompasses the “past,” “present,” and “future.” Knowing the future can make us wealthy. All we know is the “past,” but in reality, even the past is often not fully understood. That is, we must admit we lack complete knowledge about the past, present, or future. In this state, we must conduct business and invest. The attitude toward business and investing is to focus on judging the “trend” by applying the concepts of differential and integral calculus simultaneously. Differential weather (e.g., morning and afternoon of a day) is easy to predict, but long-term future weather cannot be forecasted even by supercomputers. However, by accumulating knowledge of the past and analyzing it integrally, it is possible to predict the trend of the distant future to...
It also means that if I have been fortunate in the way I have lived up to now, misfortune may come one day. Management involves looking at both sides of this coin. When business conditions are good, we need to prepare for tough times , and when business conditions are bad, we need to prepare for better times. If you have experienced misfortunes so far, you should hope that the opposite can also occur. Nothing lasts forever. The universe also changes from time to time, and we must abandon the notion that the society we live in will remain the same. Management is the act of converting uncertainty into certainty. - Joseph’s “just my thoughts”