To receive investment or borrow money is to use the “future” in advance. We should be cautious about using the “future” ahead of the present. The way to determine whether a transaction is favorable or unfavorable is to assess whether the time associated with it is beneficial or hostile to you. Time affects both the weak and the strong equally. This fairness is daunting. It embodies the fear that there are no exceptions to this principle. If the amount of sand (time) in both hourglasses is the same and the gravitational pull is equal, but the amount of sand falling is different, the outcome is significantly different. The fairness of time causes those who live in the future rather than the present to consume irretrievable value. The poor either do not recognize or overlook the fact that increases or decreases in wealth inevitably discriminate against those who live simultaneously. There is nothing more foolish than moving forward in time knowingly. - Joseph’s “just my thoughts”
As Ernst Gombrich stated, humans do not draw what they see, but rather what they know. They identify differences and interpret them as new based on the patterns embedded in their existing knowledge systems. Therefore, prior knowledge plays a crucial role in accepting new information. Humans do not truly feel or understand what they observe; instead, they feel and perceive only to the extent of their knowledge. - Joseph’s “just my thoughts”