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Introduction
I have been waiting to release this article to you guys, as it is a key factor for every investor or just anyone to Understand and start meditating on their next move, I really hope you read till the end and share, your upvotes are highly valued, let's dive in to the fun part.
What is value ?
The meaning of value in simple terms represent what we hold worthwhile, this definition is correct, but I will go deeper by exploring the nature of value;
The nature of value
Value is simply seen as how an item, being or concept in question which aids one in achieving a goal, and the interconnectedness of this item, being or concept to other goals is what gives them Value (item, being or concept). Value is the term used to describe the mental state of appreciation towards an item, being, concept or behavior which most time is generally shared. This mental state is developed or highly influenced by learning/reasoning and as such value is associated with happiness or joy. In itself value is the interconnectedness of various components which is backed up by reasoning when viewing a component in that system of interconnectedness, note some personal value are unhealthy and false.
I do hope that was clear enough, and a picture is created in your mind. The statements made above leads to a question of how to ascertain, be it behavioral, item based or being and concept.
Types of components in a system
To ascertain value, you have to understand the 3 types of components, they are;
- Primary component
A primary component in a system are easy to spot out, as they are the core elements of that system abd without them it won't work, using a mobile phone as an example; the operating system.
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Secondary component
This component is easily spotted in a simple system but not really in a complex system, they are components which ensures efficiency in a system such as the Ram and Rom capacity of a device.Tertiary components
This component are somewhat confused for secondary components in a complex system, they include elements of customization and specifications in a mobile phone, the colour is a tertiary component, as well as some elements of design on the phone.
To fully ascertain value, one must first Understand systems in other to identify each component class.
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Value and wealth [Relationship]
As an investor spotting value is all you do and the holy grail talent is spotting it while it is at it's infant stage. To me we are all investors when it comes to earning money as we choose to put our trust and time in other to earn, which still links to this. As an investor as earlier said to best get wealth is to Understand the systems of the market in other to identify the components you are going to invest in, as all are valuable but at different times and are affected by various factors. This statement is literally how it works to earn, the problems comes in identifying the components in a complex system.
Conclusion
I do hope you enjoyed reading this article, hope to see you at my next release, remember I love you, that's why I share, you're free to ask any question.