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Just my thoughts #0396

Warren Buffett, who has amassed 99% of his wealth since the age of 50, revealed that the secret lies in “compound.” When you lend money, interest is added to the principal as income. Initially, interest is applied only to the principal, but compound interest is applied to both the principal and the accumulated interest. Therefore, at first, it seems negligible, but over time, significant wealth growth takes place. The same principle applies to reading: even if your reading speed is slow, consistently reading just a few books each day can lead to a wealth of knowledge. After a year, this accumulated knowledge creates a network effect, allowing you to quickly absorb new information. Consequently, your reading speed increases dramatically, leading to an exponential growth in the volume of material you can handle. This exemplifies the compound interest effect. Even small, consistent actions taken daily can build up and create a compound interest effect over time. Cartoonist Lee Hyun-se sta...

Just my thoughts #0328

Salt is a crucial ingredient we consume daily, neither from animal products nor from vegetables. The salty taste plays a major role in determining what we find delicious. When restaurant food is overly salty, customers often complain, but if it’s not salty enough, they typically remain silent and don’t revisit after their meal. Salty taste serves as a standard of flavor and is essential for life. Salt must maintain a specific concentration in our blood, known as osmolality, to support our existence. This necessity also explains why we may dislike or spit out food that is excessively salty. Essentially, our reaction to saltiness stems from an instinct for survival. Thus, it goes beyond mere pleasure; it is a critical aspect of our survival. - Joseph’s “just my thoughts”

Just my thoughts #0257

Self-love is an essential human instinct, prompting us to prioritize our own survival before others. This instinct makes it challenging to make sacrifices for those around us. However, when we deeply love someone, we essentially extend and project our self-concept onto them. In essence, love involves sharing my self-love with another person. Consequently, love fades when I can no longer see myself reflected in that person. When our self-love becomes distorted, it leads to suffering in our relationships with others. - Joseph’s “just my thoughts”

Just my thoughts #0226

A cook’s genuine passion for food reflects the value and quality of their creations. Even when the taste is terrible, the cook’s heartfelt effort might still elicit a belief that the food is healthy. Traditionally, this might have made sense, but from a scientific standpoint, it is absurd. Despite knowing proven cooking methods, many chefs continue to rely on their instincts, often without questioning their approaches. Few chefs actually consider the trustworthy resource of food quality, fearing that acknowledging this might label them as inferior chefs. - Joseph’s “just my thoughts”

Just my thoughts #0190

Virus intelligence has a level of intelligence that cannot be considered life but poses a threat to humans. Only one factor accounts for this: the “self-replication ability.” Creating a company entails a self-replicating mechanism to replace the founder or president. Even individuals with exceptional skills can amass moderate wealth, but they cannot achieve great wealth without recognizing the importance of self-replicating ability. Self-replicating ability is not merely a matter of intelligence and skill; it is about replication—specifically, the survival instinct. - Joseph’s “just my thoughts”