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Showing posts with the label principles

Just my thoughts #0652

I advised a CEO to read books regularly. But he said he didn’t even have time for reading because of his business. I didn’t tell him to read a lot; I only suggested that he do it on a regular basis. It’s not easy to start with a large amount, but it’s easy to give up or refuse to continue. Still, doing a small amount consistently is also difficult, but the goal is to build a habit. Reading is an extension of management activities that managers must do, not because they have time to spare, but because neglecting it can harm management by limiting their knowledge of the world and others’ experiences. Of course, reading doesn’t guarantee success or prevent failure. However, there’s no doubt that it’s the most fundamental activity that can help individuals grow and organizations thrive through the knowledge and experience gained from reading. A fool fills 100% of his life experience. A wise man fills it with 1% inspiration, 29% reading, and 70% implementation. - Joseph’s “just my thoughts”

Just my thoughts #0494

One of the principles prevailing in the natural world is that the stronger prey upon the weaker. The strong eat the weak. Thus, people seek strength. However, the statement that the stronger prey upon the weaker is partly correct and partly incorrect. The principle that survival of the fittest prevails in this world suggests that those who adapt survive. “ Adaptation ” is the strongest thing in the world. - Joseph’s “just my thoughts”

Just my thoughts #0492

The basis of any investment is time considerations. The same applies to stock investing . Which stocks to buy depends on whether you are holding short-term or long-term positions . The most significant mistake beginners make in stock investing is buying and selling stocks without following fundamental investment principles . When choosing stocks, they select them based on long-term potential, and when they sell, they do so based on short-term trading because they cannot overcome their impatience and fear that the stock price will decline. Such individuals should refrain from investing in stocks. Even after losing money, they remain unaware of the reasons for their losses, becoming individuals who harm themselves and others. - Joseph’s “just my thoughts”