Steady State Principle
The Steady State Principle is an idea that says the best possible state to be in is a state of steadily growing wealth over time where the state is affected as little as possible by conditions external to our control. Here, we are relatively unconcerned with economic changes which could introduce undue risk into our Store of Intrinsic Value plus we have ready access to enough capital to do what we want to do without affecting overall growth of money.
Whether you are young and just starting or you are a successful company, it is a very good situation to know that you are working toward and achieving an efficient and steady state based upon confidence and security.
Minimization of financial losses which occur unknowingly and unnecessarily proves just as important to the Store of Intrinsic Value as does maximization of financial gains. This means you’re free to combine techniques of opportunity cost minimization and opportunity benefit realization in a steady and controlled way.