When building a wall with stones, the large stones are stacked, the small stones are filled in the gaps, and the spaces between the stones are filled with smaller stones and the final layer of sand. Although the elements that make up the wall vary in size, their roles are fixed, and each performs its part. None of them is useless. Management is the act of bringing together different characteristics and harmonizing them into one. There is no one worse than me; there is only me who ignores others. - Joseph’s “just my thoughts”
We don’t care about money deposited in the bank. If we ask the bank for money, I believe they will certainly return my funds. However, as shown by Lehman Brothers ’ bankruptcy during the 2008 financial crisis , banks cannot guarantee 100% of depositors’ money. In South Korea, according to the Depositor Protection Act , only 100 million won (about USD 71,000 ) is protected, including principal and interest per person. Anything beyond that is actually at risk. In other words, money deposited in the bank is vulnerable to losing the principal. Investing means willingly accepting the risk of losing the principal while seeking profit. Whether we like it or not, we are always investing in our daily lives. Just because a risk doesn’t materialize doesn’t mean it’s gone. - Joseph’s “just my thoughts”