Most economic concerns are at the core of the conflict between the price of goods and the value of money. An increase in interest rates means a higher cost for borrowing money. This also causes the value of money to rise. Investors want to own an asset that will appreciate in value. They consider whether to buy a good or a currency. Investing in stocks means buying a company, while bonds are buying fiat currency. Most investors see these two concepts as corresponding concepts, not assets of the same nature. The proposition that money buys goods represents a very significant aspect of investing. If you want to invest well, you should get a hint from this proposition. Money appeared because of the convenience of exchanging goods, but in the world of investment, it always results in a confrontation between goods and money. - Joseph’s “just my thoughts”
The most important virtues a business person should possess are, first, keeping my word by myself, even if it seems small; second, not being afraid; and third, having the ability to build structures. Since credit is the essence of money, it plays a crucial role in the exchange of value, starting with keeping one’s word. If you’re afraid, it becomes easy to lie or distort your true self, which can lead to losing credibility with those around you. To collaborate with others, which you can’t do alone in your business and may not fully trust, you must be able to create and manage structures to help grow your business, although with less trustworthy traits. The most critical of these abilities is keeping one’s word. - Joseph’s “just my thoughts”