Connection Trap: Derivation differs from the original. Let’s say you’ve uncovered the secrets to investing in stocks and made a fortune. The secret you hold is valuable, but if you publish a book about those secrets and spend time giving lectures and counseling to teach others, it becomes difficult to concentrate on your main job—investing in stocks. Investments, publications, lectures, and consultations all revolve around the theme of “stocks” and are linked by a single story; however, each has its own distinct features. Expanding your work isn’t easy. Adding another item to a restaurant menu creates additional problems. We think that time is limited, but often we fail to use it wisely. It’s a miracle we don’t fail while spending time as if consuming water. - Joseph’s “just my thoughts”
Occupy and Move : These concepts are the key to wealth . Here, ‘occupy’ means owning goods, and ‘move’ refers to transferring ownership through exchange. Wealth is built by accumulating possessions. For accumulation to occur, a good must first be owned by someone else and then transferred. The transfer of ownership is what I call the movement of goods. To transfer, a payment is made to the current owner, usually in currency . Currency simplifies exchanges , as it is easier to move and issue than physical goods. Today, currency moves electronically, accelerating transactions. Had goods always been exchanged directly for other goods, exchanges and wealth accumulation would progress more slowly and inefficiently. The economic system now manages prices by adjusting the money supply, controlling the value of goods relative to currency, since money is easier to manage than goods. Business and investment outcomes depend on whether wealth is stored in money or in goods. If you emphasi...