Universality: Exclusivity alone does not create value because value is not automatically generated by monopolizing something that isn’t worthwhile. For a monopoly to effectively build value, the monopoly object must be scarce and in limited supply. Conversely, universality also creates value. Scarcity relates to the concept of universality as a correspondence, and the value of universality is also affected by the limitations imposed by scarcity. Nothing has absolute value; all values are merely relative. - Joseph’s “just my thoughts”
Value of Quantity: A phenomenon where the quality of a system changes once the amount of a single element surpasses a certain threshold. For example, if a restaurant that can normally serve up to 50 guests per day consistently has 100 customers daily, the capacity limit expands, and the quality of service improves. Of course, if they respond poorly, the service quality can decrease, but the outcome depends on the restaurant’s internal capabilities. Success or failure hinges on how we manage the excess amount beyond our capacity. Stock prices also depend on trading volume. Stocks tend to change their behavior only when a specific trading volume is reached. The good news is that stock prices can spike abruptly, but if the volume isn’t high enough, they can quickly fall. A person who reads 100 books has a different literacy level than someone who has read 10,000. - Joseph’s “just my thoughts”