Non-cash temperament assets. Words I made up. Whether you are running a business or making a living, there are situations where money cannot solve everything. Not money or knowledge, but a person’s personality, disposition, intentions, emotions, etc., often shape circumstances and results. No matter how good an idea is, if it is not put into action, it is useless. It takes will and courage to act. Such will, courage, and passion are vital temperaments for tackling areas that money cannot address, and they seem to represent a kind of asset that yields results in accounting. Sometimes, audacity is required to achieve something, along with courage that knowledge alone cannot provide. Our lives cannot be successful solely with money and expertise. Investors should be mindful of the temperament of others. - Joseph’s “just my thoughts”
A person adopts a position, and that position shapes the person once more. People form relationships, and those relationships, in turn, shape individuals again. In a system where cause and effect are continuously interlinked, it’s quite easy to embody either a bad person or a good person. Situations and relationships can influence individuals, but people remain at the core of it all. How are good people and bad people determined? Do good people and bad people genuinely exist within this feedback system? How do we distinguish between cause and effect?
- Joseph’s “just my thoughts”
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