When investing in a market where asset trading is ongoing, persistent, and prices are constantly fluctuating, the most important factor is the perception and attitude toward “time.” Here, time refers to a defined “period,” a concept that encompasses the “past,” “present,” and “future.” Knowing the future can make us wealthy. All we know is the “past,” but in reality, even the past is often not fully understood. That is, we must admit we lack complete knowledge about the past, present, or future. In this state, we must conduct business and invest. The attitude toward business and investing is to focus on judging the “trend” by applying the concepts of differential and integral calculus simultaneously. Differential weather (e.g., morning and afternoon of a day) is easy to predict, but long-term future weather cannot be forecasted even by supercomputers. However, by accumulating knowledge of the past and analyzing it integrally, it is possible to predict the trend of the distant future to...
The Japan Airlines that no one thought would ever recover. It was the biggest corporate bankruptcy in Japan. When Kyocera Group Chairman Emeritus Kazuo Inamori took the helm to save Japan Airlines, his priority was to reform the mindset of the employees. Whenever he could, he gathered all employees for lectures on mental reform, and executives were required to attend a separate lecture on mental reform given by Kazuo Inamori every Thursday without exception. The employees' frustration was palpable, but the company returned to the stock market after two years and eight months. There is no magic in running a company. Attitude and mindset are everything. - Joseph's "just my thoughts"