Investment techniques involve converting labor income into financial income. In other words, it means purchasing an asset with money earned through labor so that the asset generates profit. But since assets are inanimate, how can they produce income? The answer is that you can profit from an asset’s changing value. You cannot profit if the value remains constant. If there were no volatility in assets, people would have to rely solely on labor to earn money. The issue is that you don’t buy assets that increase in value; you buy assets that decrease in value. Therefore, if you lack the perspective to judge the world, you should abandon the dream of building wealth through assets. - Joseph’s “just my thoughts”
Don’t let a salesperson collect sales money, as it can lead to corruption . While corruption involves the human mind, the structure is more important. If a salesperson is trying to increase their salary by improving their performance, they may resort to hiding unfavorable payment terms . However, a salesperson can hardly succeed if sales and money collection are separated. Do not leave fish to cats . - Joseph’s “just my thoughts”