An asset is the foundation of all economic activity. If you have assets, you can run a business and settle your debts. The ways to create assets are ‘how one works,’ ‘how to receive gifts from others,’ and ‘how to purchase assets made by others.’ There is a way to steal, but it is a crime. If you don’t initially own an asset, the simplest and almost the only way to create one is to produce something with your own labor. Whether the product is a service or a good, it must be produced unconditionally. Trading products creates added value. Thinking about trading later and making products first is the fastest and most basic way to escape poverty. Therefore, produce even the smallest things every day. Knowledge, records, art—whatever! - Joseph’s “just my thoughts”
"Metacognition" refers to thinking about a thought. It is the ability to rethink one's thoughts. So if you are good at metacognition, you can objectify your thoughts. In the "Dunning-Kruger Effect," we can confirm the importance of metacognition. The two scientists proved that the more incompetent people were, the less they perceived their incompetence. Conversely, competent people recognized what they didn't know and were confident about the state of what they did know. All improvement begins with identifying what I don't know. - Joseph’s “just my thoughts”