Walt Disney gained worldwide fame with the animated film ‘Steamboat Willie,’ but Disney’s first studio went bankrupt. By the mid-1930s, he had produced over 400 animations, most of which suffered heavy losses. In 1938, Snow White and the Seven Dwarfs made $8 million in just the first half—more than ten times the earnings of other films. Meanwhile, with this animation, the company paid overdue wages to its employees and recovered the losses it had sustained. An unusual event that changes everything is called a “tail event.” 40% of publicly listed companies in the U.S. stock market lose nearly all their market capitalization 10 years after going public. Business and investing, after all, are based on probabilities. No one knows what the “tail event” will be. Therefore, to succeed, you need to try small, steady, many times with little impact, even if you fail. - Joseph’s “just my thoughts”
It doesn’t exist until it’s connected. In the era of widespread use of social media , everyone has a voice, but that voice does not always have a social repercussion . An unaffected voice becomes a monologue . Why am I sharing my voice and my message with the world, other than to shout for self-satisfaction ? Now more than ever, we live in an age where individuals feel a greater sense of alienation if they are not connected to the community or the media. ‘ Connection ’ has become a very important issue, and the current generation often wonders about how to connect and what the right connection is. - Joseph’s “just my thoughts”