Volatility and Investment: The phenomenon where an asset’s price fluctuates over time is called volatility. Owning and reselling this volatile asset is known as an investment. The concept of buying and reselling an asset often causes us to overlook the fact that this process involves a trade-off between low-volatility and high-volatility assets. Cash is less volatile than stocks, and stocks are relatively more volatile. In other words, investing involves exchanging low-volatility assets for high-volatility assets and then switching back to low-volatility assets. Meanwhile, surplus profit is generated by the price differences caused by volatility. What would happen if we traded only highly volatile assets with each other? We would probably hesitate to exchange assets and might refrain from investing. In investing, there must be both low-volatility and high-volatility assets. - Joseph’s “just my thoughts”
The world grants power through the interpretation of phenomena, gaining support from many people. Acquiring power through interpretation is termed “interpretation supremacy.” Interpretation involves explaining and understanding the essential concepts that are often concealed in a phenomenon, yet are crucial to its existence. The media has embraced journalism for its capacity to rapidly disseminate facts to a broad audience. Journalism embodies interpretive supremacy. To make an impact in the world, I must be able to express myself and my actions in an engaging and accessible manner, leveraging various media to share my interpretations. With the prevalence of social media, all that is required now is the skill to interpret and seize interpretive supremacy, along with the capability to articulate it effectively.
- Joseph’s “just my thoughts”
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