Compound Interest : Interest added to the original principal and its accumulated interest. Even if an asset’s price is too high or too low, it eventually converges to the market average . In fact, even with significant price volatility , it is only a matter of time before it aligns with the market average. However, there are occasions where it surpasses this average, and that’s when compounding becomes influential. Market prices reflect the actions of participants and the economic environment affecting their prices. Although sometimes distorted, they eventually revert to prices implicitly agreed upon by participants. But compound interest is a system specifically designed to outperform this market average. Interest can be monetary, but it can also be other economic effects or energy . By understanding and harnessing the power of compound interest , we can gain a significant advantage in our lives. - Joseph’s “just my thoughts”
As a classical composer, Beethoven was the first to assign the work number 'Op.' to his works. Music scholars numbered the works of other famous classical composers after they had passed away. Beethoven believed that his work would be passed on to future generations, and he made it his responsibility to do so. Therefore, uncharacterized works were not given an 'Op.', leaving him with fewer works than other composers. This attitude influenced other composers and made them responsible for their creations. Since then, of course, the number of works by composers has decreased. The responsibility of one person can affect a generation and beyond. - Joseph's "just my thoughts"