One of the key principles of money is ‘opportunity cost.’ It means that when I buy something, I have to give up something else in return. We think we buy because we need something, but we often forget that we could buy something else instead. We rarely consider ‘opportunity cost’ when making a purchase. We do not compare other values against our needs. Buying something means giving up something else, but we often don’t realize it. When we spend money, we should also consider the ‘opportunity cost’; yet, in reality, we aren’t trained to do so. By making a purchase, we bypass the value comparison that may not offer any additional benefits. Maybe it’s because we lack knowledge, or perhaps the idea isn’t appealing. - Joseph’s “just my thoughts”
Some leaders find relief only when they dominate the mind, while others serve as limbs. They seek to facilitate threats and collaboration with others to bolster their sense of security. Some of them resort to “gaslighting,” manipulating circumstances to create doubt and maintain control. They view their micromanagement as a notable strength, caring for even the most minor details. Working alongside such a person can reduce even the most capable individuals to feeling foolish and diminish their self-esteem. Unbeknownst to them, those around them are suffocating. The desire to conform is often mistaken for loyalty. - Joseph’s “just my thoughts”