Joseph's "Just My Thoughts"

A baseball batter cannot hit a home run every at-bat. You might make a lot of money once with luck, but that’s a fleeting way to earn. If you generate a lot of money without even preparing a bowl, you might end up unhappy. The reason for emphasizing the ‘compound effect’ in investing is because it’s one of the few sustainable methods mankind has experienced. However, compared to our greed, ‘compound interest’ seems like a small rate of return right now, so many people break the rules they need to follow and take risky investments, putting themselves in danger. We can’t hit a home run every day. Valuing small profits and working to protect them will bring us good fortune. Greed leads to destruction. - Joseph’s “just my thoughts”

If you are intelligent, your chances of becoming wealthy are relatively high, but being smart alone doesn’t necessarily make you rich. Wealth can only be achieved when other vital factors come into play, such as those who understand how to judge legal rights in transactions beyond just intelligence, and those who can establish governance or maintain relationships. Luck refers to a situation where all these different conditions are easily satisfied. This happens when I acquire it because all important and diverse conditions align at the same moment and place. Therefore, a deal or opportunity that genuinely works for me shouldn’t be complicated. The more complicated it is, the more likely I am to be scammed . The human brain is wired to seek simplicity. Our brains consistently choose efficiency. - Joseph’s “just my thoughts”

We describe the size and qualities of a human being’s capacity as a ‘ bowl .’ People often say that luck or opportunity that exceeds the size of one’s bowl is rather harmful. That’s why people advise you to either seize the luck and opportunity that fits your bowl or make your bowl bigger. So, how do you determine the size of the bowl? Congenital conditions may also influence it, but acquired experiences and self-reflection are factors that shape the size of the bowl. Since I can’t force myself to create luck and opportunity, all I can do is develop my judgment and have the courage to accept or reject. The key to judgment is to avoid underestimating or overestimating yourself. Ultimately, it is most important to understand your own identity properly to make a true bowl. - Joseph’s “just my thoughts”

Although it is not possible to draw a conclusion due to insufficient study, scholars are examining “Is it really fair that humans are rewarded according to their abilities?” and the results suggest that luck and community support are decisive for success. Of course, one cannot ignore or disparage an individual’s abilities. However, it is more accurate to say that they have a limited impact on success. In humans, parental influence —namely, genetic and environmental factors —emerges as the most important aspect according to the study results. The issue is that no one can choose their parents. This is the fundamental reason we must remain humble. - Joseph’s “just my thoughts”

For a business to succeed, kairos, situations, and relationships are all essential. Kairos is an aspect beyond human control, often described as ‘luck.’ It exists within a realm ruled by coincidence and timing. Situation pertains to the interests of the land, encompassing all resources except human resources. Relationships represent human resources that I can cultivate through human unity. Among these three elements, there is a saying that kairos accounts for 70% of success, leaving 30% to other factors. This underscores why we should avoid boasting about our abilities, even in the face of our achievements. - Joseph’s “just my thoughts”

In some cases, the outcome completes the intention to act. Although it wasn’t the original intention, it is a situation where the result of the action appears positively, and even the intention is glorified. Of course, the opposite can also occur. If the result of an action taken with good intentions is negative, those good intentions become a target for blame. It would be ideal if the intention and the result aligned, but that isn’t always the case. There are numerous instances where it is challenging to interpret this world full of deception and changes of heart with naivety alone. Yet, reality is shaped by the accumulation of results. If you achieve good results despite having bad intentions, it is considered luck. Skills cannot overcome luck. - Joseph’s “just my thoughts”

Ability and skill are distinct concepts. When we refer to a person’s unique power as an ability, the capacity to translate that power into real-world action is known as skill. Some individuals fail to succeed despite having remarkable abilities because they struggle to bring those abilities to fruition in reality. Essentially, ability denotes potential, while skill represents the achievement of that potential. The market serves as a tangible environment where many express their aspirations; thus, regardless of how exceptional their abilities may be, relying solely on skill is insufficient. This is why luck plays a crucial role in success. - Joseph’s “just my thoughts”

Steve Jobs died of pancreatic cancer. I have often imagined what the world would be like if he were alive now. But how can we control our deaths? I certainly believe that there are some things that humans cannot intervene in. Whether we call it fate or luck, I think meeting a beloved spouse is also part of this, although we choose the spouse with our intentions. Some people believe that a person has been chosen and loved, but beyond that decision, I ponder whether there is a power with which humans cannot intervene... - Joseph’s “just my thoughts”

In the Bible, David was a shepherd when he ousted the beast with pebbles and a sling, but when he threw stones at the enemy with the same pebbles and sling, he became the king’s son-in-law. The ability and tools are the same, but his life changed completely when the objects and situations of using them changed. The way to escape the crisis depends on the abilities and the ability to grasp the object and situation to which it is applied rather than the replacement or improvement of the skills and tools. Of course, luck is also important. Because luck also creates a situation. - Joseph’s “just my thoughts”

Talent is rather not to be developed. It is revealed. Efforts are made to enhance this revealed state, which we call “ability.” When this ability is randomly known to the public by chance, it is said to be “good luck.” Talent is given, and luck is also provided. We believe that a worthy human being puts in the effort. However, success is not solely determined by effort. - Joseph’s “just my thoughts”

Although the ratios differ, human success results from many factors such as intelligence, experience, knowledge, attitude, integrity, and luck. Of these, self-development theory emphasizes only a few factors with a powerful influence. As in all cases, the causes of success are different. So when learning success stories, you need to know the pitfalls. It may be like a successful person, but it never becomes the same. References should be made, however, to suit my situation. Therefore, it is important to know your identity. - Joseph’s “just my thoughts”

If our daily diligence is repeated and accumulated, there is a huge difference between doing and not doing. If 0.99% of my effort and 0.01% of luck, achievement by the effort will be prominent, but also we cannot ignore the result with the achievement taken from luck. There are so many reasons that we must be modest after achieving our goals. Even so small and trivial, continuously repeating our diligence day by day, our lives should be changed. - Joseph’s “just my thoughts”