The physical value of a book is a measurable cost of paper, printing, and labor charges, but estimating the value of the book’s contents is difficult. Most intangible values are similarly challenging to assess. We purchase the intangible value of a book at its physical price. When revenues are generated, the added value produced can be realized. These revenues arise solely from sales, which are based on price, not value. In essence, there is always an imbalance between price and value, and this imbalance determines whether one is wealthy or poor. Management is the act that shifts this imbalance in my favor. - Joseph’s “just my thoughts”
Solomon’s wisdom, demonstrated when he ruled by proposing to divide a living infant with a sword in order to reveal the baby’s true mother and a false one, was notable because nothing truly happened when he suggested dividing the infant. The application of wisdom out of context in this scenario renders wisdom tragic. The difference between a wise man and an evil man can often come down to a piece of paper. Had the real mother’s reaction to Solomon’s judgment been ignored and executed immediately, history might have depicted Solomon as the most evil tyrant in the world. We would easily forget the distinction represented by that piece of paper. Wisdom is the intuition that accurately perceives the unseen context in a given situation. - Joseph’s “just my thoughts”