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Showing posts with the label assetize

Just my thoughts #0596

There are ‘right’ and ‘wrong’ things in the world, but many situations exist where actions can be seen as either right or wrong depending on the circumstances and outcomes. Often, when choosing a job, talent and aptitude play a significant role. It is commonly believed that if you have a job that aligns with your talents and aptitudes, you are more likely to achieve success or happiness. However, if you choose a job that matches your talents and aptitude, is success guaranteed, or is it truly rewarding? Conversely, it’s also possible to attain a certain level of achievement through consistent practice and effort, even if your talent isn’t as strong as others and your aptitudes aren’t quite right. The dilemma of choosing between the two stems from the regrets that linger over time and the pursuit of success. Individuals worry about whether they can satisfy their desire for success. There is a path to finding joy when aptitude fuels motivation to learn and leads to results. Nevertheless,...

Just my thoughts #0181

Price and value are different things. Value is relative and subjective, but price makes those numbers tangible and helps us empathize with others. The result of that empathy is a deal, an exchange. Only when value is assetized does wealth arise. The way to assetize values is to price them. In other words, pricing is the process of valuing assets. Determining whether the value assigned to an asset is appropriate is called investment. From an investor’s point of view, investment begins by questioning the objective price of an asset. Consumption is the exchange of goods and services at a price agreed upon by all parties. Consumption and investment are two distinct concepts. - Joseph’s “just my thoughts”