Opportunity Cost: Making a choice means sacrificing something else at the same time because we can’t have everything. If the value of what is given up is significant, then the choice incurs a relative loss, and it is up to the CEO to recognize this as a cost. In reality, whether I am aware of the opportunity cost or not, it still impacts my current financial situation. However, to calculate profit or loss as an opportunity cost, there must be a future opportunity to forgo the current choice and select an alternative. No one should keep repeating the cycle of giving up and choosing without knowing whether the next decision will be beneficial or not. Giving up is worthwhile only when the next option is good. - Joseph’s “just my thoughts”
Don’t underestimate your emotions . If I leave these feelings of hate , resentment , longing, and loneliness inside me, one day they will surely take their revenge. Emotions aren’t harmful when we share them with others. Even if we can’t resolve the root cause, having a friend to share our trivial feelings with helps us endure life’s hardships . When there’s someone other than myself to whom I can devote, we can avoid the storm of emotions and overcome adversity . It’s even better if we have an equal friend to share our feelings with, someone we’re committed to. Without just this one friend, we feel sad, exhausted, and lost. The feelings I hold inside will eventually take their revenge on me. - Joseph’s “just my thoughts”