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Showing posts with the label outcome

Just my thoughts #0739

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”

Just my thoughts #0332

In some cases, the outcome completes the intention to act. Although it wasn’t the original intention, it is a situation where the result of the action appears positively, and even the intention is glorified. Of course, the opposite can also occur. If the result of an action taken with good intentions is negative, those good intentions become a target for blame. It would be ideal if the intention and the result aligned, but that isn’t always the case. There are numerous instances where it is challenging to interpret this world full of deception and changes of heart with naivety alone. Yet, reality is shaped by the accumulation of results. If you achieve good results despite having bad intentions, it is considered luck. Skills cannot overcome luck. - Joseph’s “just my thoughts”

Just my thoughts #0036

The poorer persons are, the more likely they are to consider the system they are in, not their abilities or character. The poor are more likely to choose to live in ways that make them poorer. It's not because they're stupid, it's because the system they're in leads them to make those choices. Rutker Bregman, a Dutch historian and author, says that everyone is forced to make such decisions when they are placed in this environment. The way out of this system is to change your worldview. Poverty is a state of being, not an outcome. - Joseph's "just my thoughts"