Moderation. Greed and despair stem from the same root: excessive desire. In investing, profits and losses are unpredictable, and the chance of losing is usually higher than the chance of gaining. It’s natural to want to make big profits with minimal damage, but the truth is that it’s not always possible. Ultimately, a disciplined person stays moderate through both profit and loss. It all requires courage. Temperance fosters consistent investment behavior. Without persistence, achieving great things in any area becomes difficult. It’s not easy, but in investing, only those who can stop and accept gains and losses as they happen are true winners. Greed is simply the seed of downfall. - Joseph’s “just my thoughts”
Can we sell pesticides to the Maasai? In Maasai culture, flies represent wealth. Ranching and livestock inherently attract flies. If someone arrives and removes the flies, there is no Maasai to welcome them. The focus of the business is not on selling products but on conveying “meanings.” - Joseph’s “just my thoughts”