The most important aspect of investing is managing risk. However, in most cases, risk management is interpreted and assessed in relation to past patterns. When asset prices fall, the perceived risk appears significant. That doesn’t imply there weren’t risks; investors simply didn’t recognize the risks that originally existed. The level of risk is almost identical whether the price of an asset goes up or down, but when prices decline, they tend to drop further because fear prevents us from purchasing more assets, leading us to retreat. It’s not that the risk has escalated. It is unwise to link risk with past patterns. There have been numerous exceptions in the world, and many beings on this planet have disappeared because they could not adapt. Did dinosaurs not become extinct on Earth? Exceptions are exceptions because they are unpredictable. - Joseph’s “just my thoughts”
In a society and organization where we live together, balance and dedication are essential. Balance refers to the proper allocation of resources within the organization, while dedication means devoting energy to others. This balance and dedication are always necessary whenever we are with others, yet contradictions arise here. In other words, the energy for dedication emerges when the balance is disrupted. Since both cannot be established simultaneously, it is important to maintain the cycle properly. First, we achieve balance; then it is disrupted for a while, necessitating the devotion of our energy, after which we need a cycle to regain balance again. Organizations function within this cycle. - Joseph’s “just my thoughts”