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Just my thoughts #0781

Nominal Value is the price assigned to an item, such as a book priced at $15.50. Real Value is the adjusted price, considering factors like inflation and depreciation, so the used price of the book reflects this Real Value. Intrinsic Value refers to the worth of the book’s content, which can far exceed its Nominal or Real Value depending on the reader’s ability to understand and apply it. Merchants profit from the gap between Nominal and Real Values, while wise individuals gain by recognizing and utilizing Intrinsic Value. Recognizing and leveraging these values is essential for building wealth. - Joseph’s “just my thoughts”
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Just my thoughts #0407

A wise person advises us not to hold grudges against anyone in our lives. This is because if I foster a grudge, even if it’s physically disconnected from each other, that grudge will eventually interfere with my life. Blessings and grudges also operate beyond my time. It’s just problematic because it doesn’t align with the timing I desire, and our lives are intertwined with an inevitable fate that transcends time in this way.


- Joseph’s “just my thoughts”




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