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Showing posts with the label accumulation

Just my thoughts #0769

What in this world isn’t influenced by politics? Politics shapes art and media alike. It involves governing the world and making decisions that determine the future. Art is a product of that influence. Works of art, media messages, and knowledge recorded in books reflect the spirit of the times and offer clues about what’s ahead. Investing is a risky venture in an uncertain future. Therefore, the ability to appreciate artworks and interpret media messages is a vital skill for professionals in investment. Someone who ignores the arts, the progress of knowledge, and the flow of media messages is unlikely to make wise investments. Loving art purely to gain wealth isn’t ideal, but having a passion for art can help you recognize opportunities for wealth more quickly and sensitively than others, making a life close to art a truly fortunate one. - Joseph’s “just my thoughts”

Just my thoughts #0548

Human relationships can break down in an instant, but most are the result of long-term mistrust . Likewise, reliability is built over time. A single special trigger can initiate this breakdown, with all outcomes being a continuous accumulation of small factors. When you reflect on your relationship, you may identify a certain pattern by reconsidering what earned your partner’s trust and what let them down. That pattern reveals my true self exposed to the outside. - Joseph’s “just my thoughts”

Just my thoughts #0078

The key concept in creating wealth is the accumulation of assets. "Asset" means all the resources, that can be used for production activities. If assets don't increase, it's not a business. To create value, you have to produce something. The labor, materials, and facilities for production all come from assets. Insufficient assets are borrowed from others, it is called debt. The value added belongs back to the asset. Assets are a source of wealth and a measure of wealth. - Joseph’s “just my thoughts”

Just my thoughts #0077

In wealth, the first is value exchange and the second is added value. "Value exchange" occurs when "need (demand)" comes first. Making and exchanging bread with wheat is a value exchange. The price of bread is higher than the price of wheat grain. The price difference is value added. For value-added to occur, "benefit" must be provided. To provide this "benefit", you have to incur costs and expenses. This is called investment. In other words, the value added is the result of the investment, the surplus is subtracting the costs and expenses from the supply price. You can calculate the value added to make a profit if you first know your investment condition and its amount. "Wealth" only occurs when "value-added" is accumulated. - Joseph’s “just my thoughts”