The 'Most Scarce Resource' That Enriches Life

As management scholar Peter Drucker famously declared that 'time is the scarcest resource,' for many people, the most important thing is how they spend their own time, and whether they can make their lives rich and happy through that. Entrusting money to others to gain a financial return is only one aspect of investment.

While the spread of NISA (Nippon Individual Savings Account) has broadened the base of investment, if we go back to the original meaning, everyone born into this world is an investor.

Due to deep-seated prejudices that investment is suspicious, an investor mindset and investment culture have not taken root in Japan. If that aversion had remained within the narrow world of asset formation, the harm might have been minimal.

However, I have a strong feeling that the lack of an investor mindset has long been a weakness in Japanese society.

How do we allocate limited resources? How do we perceive risk? How do we manage the element of time? In an uncertain world, whom do we trust and what do we entrust to them? The bill for avoiding these questions and postponing problems is what has shaped the current society, which is filled with a sense of stagnation.

It is never too late to start something new. Even now, you can approach life with an investor's mindset. After all, humans are all born as investors by nature.