Compound Interest : Interest added to the original principal and its accumulated interest. Even if an asset’s price is too high or too low, it eventually converges to the market average . In fact, even with significant price volatility , it is only a matter of time before it aligns with the market average. However, there are occasions where it surpasses this average, and that’s when compounding becomes influential. Market prices reflect the actions of participants and the economic environment affecting their prices. Although sometimes distorted, they eventually revert to prices implicitly agreed upon by participants. But compound interest is a system specifically designed to outperform this market average. Interest can be monetary, but it can also be other economic effects or energy . By understanding and harnessing the power of compound interest , we can gain a significant advantage in our lives. - Joseph’s “just my thoughts”
If you eat food solely for nutrition , there’s no need to cook it elaborately; just choose a nutritional supplement . However, food intake not only provides nutrients to our bodies but also offers the pleasure of experiencing various tastes, especially flavors known as aromas through the sense of taste. Incense reflects civilization and culture. Therefore, the food business must be cultural, and for fragrance-related businesses such as coffee , wine , and perfume , both a cultural approach and an understanding of fragrance are crucial for success. Occasionally, there are businessmen who try to sell food by emphasizing nutrition while neglecting the pleasure derived from this rich civilization and culture. I recommend that these businessmen sell nutritional supplements only. It is unfortunate to engage in business without a grasp of civilization and culture. - Joseph’s “just my thoughts”