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Showing posts with the label distort

Just my thoughts #0700

Greed isn’t about how much you want, but about wanting something without paying for it. Nothing in this world is free; everything has a cost, whether seen or hidden. Trying to get something for nothing leads to problems and consequences. What am I actually paying now, and for what? It’s useful to think about this from time to time. - Joseph’s “just my thoughts”

Just my thoughts #0447

Since 2008, the US CDC has published annual flu reports aimed at preventing the spread of influenza nationwide. Researchers took two weeks to compile data on each flu outbreak by calculating the number of cases and generating a report. Meanwhile, the flu had already spread across the country. Google addressed this issue by analyzing search query statistics. However, an error emerged in 2013 when the flu vaccine became scarce, prompting the media to publish numerous flu-related articles that further distorted the situation by conflating the search terms for flu patients. In other words, accurate data analysis depends on the ability to interpret quality, untainted data and its context. - Joseph’s “just my thoughts”

Just my thoughts #0408

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”