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Just my thoughts #0711

Survival is true success. No matter how successful you are, you can’t grasp the fruit with your hands if you can’t survive, and survival itself results from choosing excellence—something no one can fully attain. Of course, luck also plays a role in survival. So, survival is never easy. During tough times, these words of wisdom can help: “This too shall pass.” But we also need to prepare for what to do once that “passing time” has truly gone by. When you succeed, remember, “This too shall pass.” Whether it’s good fortune or disaster, success or failure, you should see all of these as just “processes.” However, if you see them as “conclusions,” everything is wasted. These attitudes demonstrate why a peaceful mind is the most useful and humility is the most valuable asset. In front of the “process,” everything is a high-variability asset whose value shifts. Even suffering follows the same principle. - Joseph’s “just my thoughts”

Just my thoughts #0679

Investing in stocks isn ’ t only about buying and selling shares on the public stock market . One way to invest in stocks is by improving a company’s performance and helping it grow. In fact, this is a more fundamental approach to stock investing . In other words, both trading stocks and managing the company are ways to invest. Buying and selling a company ’ s stock involves trading its shares because stocks indicate that profits will be shared and signify ownership . When a company is well-managed and performs strongly, its stock price rises. The company’s value is reflected in its stock price, making effective management a crucial part of investing in stocks. It doesn’t matter if the investor is inside or outside the company—managers need to understand the core of what they are doing. - Joseph’s “just my thoughts”

Just my thoughts #0174

Founded in 1991, the American craft beer company, New Belgium Brewing Company, is unique because its employees hold all the shares. Since 1996, the founding couples have distributed 10% of their shares to employees annually as incentives, and they have now completely transformed the company into an employee-owned entity. Currently, the founders hold no shares in the company. Furthermore, all employees receive financial training to enhance their management mindset. Training in financial statements, which includes everyone from minor clerks to executives, is standard practice for the company. Running a company without the ability to read financial statements is like signing a contract without understanding the terms. - Joseph’s “just my thoughts”

Just my thoughts #0057

Most people substitute the issue of choice with the issue of ability. They recognize they cannot do it because scaring to make the wrong choice or lack the knowledge. Banks pay me 1 to 2 percent interest annually on deposits but charge me 4 to 5 percent on loans. It's a game where I'm losing money in every way. Then, I want to avoid putting my money in the bank. It would be better to use it to purchase that bank's stocks as a substitute but meticulous care is required. To make a choice, you have to conquer your fears. How is this a difference of ability? - Joseph’s “just my thoughts"