An asset is the foundation of all economic activity. If you have assets, you can run a business and settle your debts. The ways to create assets are ‘how one works,’ ‘how to receive gifts from others,’ and ‘how to purchase assets made by others.’ There is a way to steal, but it is a crime. If you don’t initially own an asset, the simplest and almost the only way to create one is to produce something with your own labor. Whether the product is a service or a good, it must be produced unconditionally. Trading products creates added value. Thinking about trading later and making products first is the fastest and most basic way to escape poverty. Therefore, produce even the smallest things every day. Knowledge, records, art—whatever! - Joseph’s “just my thoughts”
Macroscopic and microscopic perspectives sometimes reveal contradictions or conflicts of logic . We must consider the variable of time when forming our thoughts and judgments, because in many cases what is considered right macroscopically may not be appropriate microscopically . In stock investing , stocks deemed correct from a long-term view are often seen as poorly chosen from a short-term perspective . Our values and judgments are sometimes praised and at other times criticized over a certain period. It seems like an innocent prank over time. - Joseph’s “just my thoughts”