We usually measure ‘value’ in terms of ‘price.’ Value is an abstract concept, and price is a number expressed in terms of value. Value is an economic concept, and price is an accounting concept. The problem is that the price in terms of value is not always the same as the price. Of course, the same value differs depending on the situation and also varies according to the values and beliefs of the person who recognizes it. This deviation is detrimental to some and beneficial to others. Facts are unscientific phenomena that circumstances create. Therefore, insight into the situation is a valuable ability in any case in this world. - Joseph’s “just my thoughts”
Entrepreneurship involves starting to invest in the stocks of my own company. However, unlike open-market stock investments , here you invest in your own business, not someone else’s. My company’s performance directly affects my shares. To excel at investing in your own company’s stock, focusing on one key area can significantly boost your chances of success. Conversely, to be good at investing in others’ stocks , it’s better to understand multiple business sectors rather than just one. Since investing in stocks focuses more on minimizing risk than maximizing returns , diversifying resources across several areas makes risk management more effortless. If you master risk aversion , you can reduce losses and increase your chances of surviving in a volatile market . If you are knowledgeable and well-informed, I recommend investing in others’ stocks rather than pursuing entrepreneurship. - Joseph’s “just my thoughts”