Investing means investing time, not people or assets. The object you invest in doesn’t generate money; time does. Failing to understand the role and principles of time in business and investment is a waste of energy. Because time is invisible, we often overlook it or fail to recognize its impact and role. This world is driven by probability. When dealing with probability, the first thing to consider is the invisible nature of time. Ignoring this fact leads to waste and inefficiency without us even realizing the damage. - Joseph’s “just my thoughts”
What defines an elite? Is it someone who has studied a lot and done well? Is it someone who has a lot of experience? If so, is it someone who has a lousy personality despite having prominent abilities? The word elite comes from “meritocracy.” People who have worked harder than others and won the competition believe they should receive more benefits. Excessive meritocracy harms the common good. “If you’re envious and regretful, you do so too! Can’t you do that?” stems from the misguided belief that one’s success and victories are solely due to one’s own efforts. - Joseph’s “just my thoughts”