According to Morgan Housel, a financial author, whether an investor is safety-oriented or risk-oriented is mainly shaped by early adult experiences, not by intelligence or education. It depends on where and when a person is born. The region I live in, including my country and the era, greatly influences a person’s economic outlook and ability. If you feel ‘no way,’ you might need to change your location. Even when evaluating others, if you estimate ‘no way,’ you should consider having them leave the place. In the Bible, when someone changes their life, the first thing God does is move them from one place to another. - Joseph’s “just my thoughts”
The reorientation and expansion of a business should be planned and decided in terms of customer synergies, not company synergies. It may be more successful to offer a customer who buys apple jam an extra slice of bread to spread it on than to provide a customer who buys apple jam an extra jar of peach jam. It's easier for the jam seller to give away an extra jar of jam, but for the customer, the bread is more valuable than the jam. - Joseph’s “just my thoughts”