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Showing posts with the label intangible

Just my thoughts #0275

Both arrogance and humility can contribute to our success. While humility is not the sole key to achievement, it enables a connection with someone who genuinely cares. That individual may represent everything I need in life. Ultimately, success can be seen as cultivating a deep bond with the person who truly loves you. If you can nurture multiple meaningful relationships throughout your journey, beyond that loving individual, you should regard yourself as blessed with humility. - Joseph’s “just my thoughts”

Just my thoughts #0237

Online sales surpassed offline sales as a result of the global pandemic. Nowadays, people are purchasing signals instead of tangible items. The online environment is a web of signals. If the signal presented by the interface is not trustworthy, purchasing is not possible. For a long time, stocks have been traded based on signals that represent rights without requiring physical stock certificates. The same principle applies to gold. The challenge arises because both the tangible item and the signal react based on their value, but human greed leads to an oversupply of signals. This happens because creating a signal is much simpler than producing the actual item. The fundamental issue is that the signal serves as a representation of the tangible item. When there are more signals than tangible items, this discrepancy is termed a “bubble.” In offline contexts, signals are known as “cash.” Essentially, money is just a signal, and “trust” is crucial for believing in that signal. - Joseph’s “j...