Maintaining even a small annual profit is advantageous in investing. Survival remains the most critical factor in business. People have sought the secret to Warren Buffett’s success, which is the power of compounding, but they overlook the real key: he has invested consistently for 75 years without pause. You can indeed succeed in your business endeavors through sheer survival; conversely, you cannot survive solely because of your success. Survival is only achievable if you have the strength to keep going, even with minimal returns. To do this, you must do what you love. Invest in stocks you like, and continue investing even if it is volatile. Next, you need to secure a “margin of safety.” Even a small margin ratio is crucial because a business can’t survive without margins. Frugal spending, flexible thinking, loose schedules—anything that helps during tough times—can all contribute to building a margin of safety. - Joseph’s “just my thoughts”
Not running out of time, but it's hesitation to make your priority what's most important with a stressful mind by yourself. However, even if you have made a decision your priority when you feel a lack of time, you're taking a burden beyond your capacity or yet to equip the proper system to carry it out. Neither is desirable. Not all of them are, but most of the time, you tend to be poor if you're busy for no reason. You may be busy for a while, but you should be alert to stay busy because it's easy to lose your health, to lose your money, and eventually to lose your people. - Joseph’s “just my thoughts”