Stocks represent trades that signify the future value of the present. The current price of a stock conveys insights about the company’s future. In essence, it involves the buying and selling of future potential. However, stock prices also reflect past performance. When a company announces its performance, it often includes disclosures about stock purchases and sales by major shareholders or executives. This practice has historical roots, but the public disclosure of such information now affects the stock’s current price. Time influences present value, whether it pertains to the past or the future. Ultimately, time is the most critical variable in asset valuation. - Joseph’s “just my thoughts”
No individuals achieve greatness merely by improving their weaknesses; on the contrary, many become great despite their disadvantages. Despite their shortcomings, achieving greatness results from focusing on core strengths. Emphasizing strengths can be a more effective approach than simply managing weaknesses. However, individuals with fewer foundational skills often view the lack of basic skills as a weakness; this perception is an illusion. Those without a solid foundation struggle to understand their weaknesses or strengths, making any effort seem pointless. Return to the fundamentals. If a professional manager cannot comprehend financial balance sheets, it would be like watching a circus for blind management. - Joseph’s “just my thoughts”