Since air is an essential element for survival, its value is infinitely high; however, because it can be obtained anywhere, its price is effectively zero. Nevertheless, pure 100% oxygen is rare and can have a price. The distinction between value and price is important, but many people don’t understand how they differ. Exclusivity of supply is necessary to assign a price to something’s value. Exclusivity means only you can supply it, and people can only buy from you. Time also makes exclusivity. That is the message that you cannot buy it without now. Universality creates value, and scarcity creates price, thereby placing a value on that value. But these two contradict each other. Wealth is always built on contradictions. That’s why business and investment can be so challenging. - Joseph’s “just my thoughts”
The most difficult writing in the Bible that I’ve ever read is ‘Job.’ In introducing ‘Job,’ the Bible states that he was a rich man of strong faith and the head of a happy family, but it does not explain the origins of the blessings he enjoyed. As he endures indescribable hardships, the reasons for his suffering remain unclear. In other words, he was blessed without explanation and suffered without explanation. The first part of the book of Job, which describes his blessings, contrasts with the latter part, in which he loses everything and eventually recovers for the first time. Yet, there is no explanation for this recovery either. Job’s life serves as a profound example of human experience. For many, the most painful aspect is to enjoy blessings without reason and to lose those blessings without reason. Our lives compel us to confront this reality, and that is the essence of our existence. - Joseph’s “just my thoughts”