We usually think of “investment” as giving effort or money to someone. But investing is more about exchanging what you have for some value, and the object of the investment has some worth rather than just giving something away. Some exchanged values can be monetary or moral. If I swap my cash for moral and social benefits, it becomes a religious or social contribution. However, if the object of exchange is an asset with a specific monetary value or potential for profit, it is an economic investment. The world is designed to facilitate some form of value exchange. The main idea of investing is to trade low volatility for high volatility and then switch back to low volatility over time. The former is called an investment, and the latter is called an exit. Cash tends to be less volatile, while stocks and digital coins are very volatile. By exchanging assets with small volatility, stability is maintained, but wealth is not necessarily increased. - Joseph’s “just my thoughts”
A venture company president established an environment that encouraged open dialogue to foster an honest organizational culture, yet soon after, the company’s structure fell apart. Honesty can often be painful. To minimize the hurt caused by honesty, it is crucial to consider who delivers the message. In other words, if a respected individual speaks candidly, people are likely to feel less discomfort. Organizations can falter if honesty is prioritized over a culture of respect. - Joseph’s “just my thoughts”