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Just my thoughts #0806

Opportunity Cost: Making a choice means sacrificing something else at the same time because we can’t have everything. If the value of what is given up is significant, then the choice incurs a relative loss, and it is up to the CEO to recognize this as a cost. In reality, whether I am aware of the opportunity cost or not, it still impacts my current financial situation. However, to calculate profit or loss as an opportunity cost, there must be a future opportunity to forgo the current choice and select an alternative. No one should keep repeating the cycle of giving up and choosing without knowing whether the next decision will be beneficial or not. Giving up is worthwhile only when the next option is good. - Joseph’s “just my thoughts”
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Just my thoughts #0266

The wall feels uncomfortable and unclear primarily because it is vertical. Its thickness and height are not the key issues; what matters is the slope. If the slope is mild, anyone can ascend it, regardless of the wall. Thus, it’s advisable to steer clear of climbing walls and to do hills. Life’s challenges stem from the endless cycles of rising and falling rather than simply from the effort of climbing upward.


- Joseph’s “just my thoughts”




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