Joseph's "Just My Thoughts"

Tracking. Media has existed since primitive times, including the Middle Ages. Although the forms of media have been different, their core properties have remained the same. Marshall McLuhan’s definition of media, “the medium is the message,” remains relevant and will continue to be so in the future. Regardless of the form media takes, this definition indicates that the medium itself does not leave the message frame. By observing the interaction between media messages, the audience, and the environment, we can improve our ability to judge the world and understand the crucial contexts of this era. Media also influences the economy, and the same applies to politics. Without the ability to understand media, we cannot judge the world accurately. This ability develops from constantly observing how media messages react with audiences. Therefore, maintaining a mindset of continuous pursuit allows us to read the narrative that drives the world, and the judgments based on this understanding can ...

The world we live in is not a simple system but a complex one. However, human history has often been seen as a simple system due to religious beliefs and ideology. Science was also viewed as straightforward. But as quantum mechanics advanced in recent times, it has become increasingly difficult to explain or interpret the phenomena of this world from the perspective of a simple system. The world of wealth-generating investing is no different. In a simple system, the ability to perform multiple functions at once, called ‘multi,’ is beneficial. Yet, in a complex system, having ‘insight (meta)’ to understand multi-dimensionality becomes crucial. Intuition to grasp connectivity has gained more importance. - Joseph’s “just my thoughts”

People don’t work efficiently at first. Efficiency comes from trial and error. In other words, if you don’t try, your chances of becoming efficient are slim. The navigation system only works when the destination is entered. More importantly, it only functions well when the starting point is input accurately. The system recognizes the starting point automatically and guides you to the destination, but if the origin is wrong, problems will occur. Change, growth, and progress only happen when you confirm your identity. You need to ask more than ten people around you to understand who you are. The most reliable method is to look in the mirror and wipe away the stains from your face. If you try to remove a stain by guessing, you might sometimes succeed by luck, but that’s just called ‘hard work.’ - Joseph’s “just my thoughts”

Salary isn’t just ‘my money.’ It’s money that should be spent considering yourself today, your future self in 10 years, and your future self in 20 years—that is, your future self together. Therefore, my current income is always, in a way, public money. We need to get approval from our future self before spending now. A bright future is only guaranteed if the future self agrees to the spending. It’s inconvenient to spend other people’s money on your own terms, and thinking of your own money the same way you see others’ cherished money will help you develop good habits for the future. I don’t have an exclusive claim to my own money, as if there’s no such thing as my own air in this world. - Joseph’s “just my thoughts”

Moderation. Greed and despair stem from the same root: excessive desire. In investing, profits and losses are unpredictable, and the chance of losing is usually higher than the chance of gaining. It’s natural to want to make big profits with minimal damage, but the truth is that it’s not always possible. Ultimately, a disciplined person stays moderate through both profit and loss. It all requires courage. Temperance fosters consistent investment behavior. Without persistence, achieving great things in any area becomes difficult. It’s not easy, but in investing, only those who can stop and accept gains and losses as they happen are true winners. Greed is simply the seed of downfall. - Joseph’s “just my thoughts”

In primitive times, there was no such thing as ‘coincidence’ because all unknown and unpredictable events were interpreted as divine revelation. This reflects a religious and deterministic worldview. Since Christianity was dominant in the West, science also developed based on this deterministic perspective. However, with the rise of quantum mechanics, it has been revealed that the natural world we live in exists in an indeterminate state. Matter is in an uncertain state and becomes determined only when observed by an observer. In other words, the act of observation influences the behavior of the object being observed. To exist and to observe is a deeply metaphysical phenomenon. Do coincidences truly exist? When a decision was made in an undecided state, did God already know the outcome? How much freedom and discretion do humans really have? Does free will truly exist? - Joseph’s “just my thoughts”

The Industrial Revolution and advances in science and technology have caused an unprecedented rise in the production of industrial goods. When products made to meet demand cannot be sold, they remain in inventory. If inventory isn’t managed properly, the ability to fulfill purchase requests quickly declines, which harms both producers and consumers. Depreciation is an accounting method that accounts for the decrease in value over time and includes these losses in production costs. So far, the global economy has experienced repeating cycles of booms and recessions. One of the main triggers is inventory. Inventory is a crucial factor that can lead to business failure, but effective inventory management can help promote greater business success. - Joseph’s “just my thoughts”