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Just my thoughts #0571

A ‘transaction’ is an act of debt between parties. The seller owes goods to the buyer (performance debt), and the buyer owes money to the seller (monetary debt). A transaction is considered complete when the debt is settled and the promise to owe each other is called a ‘contract.’ Thus, a good trader or businessman excels at making and repaying debts. When it comes to debt, the type of debt matters. Anyone who misjudges this should not engage in business. - Joseph’s “just my thoughts”
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Just my thoughts #0422

An effort is not meaningless in itself, but it does not guarantee progress. Instead, progress is a result of time. Effort leads to progress over time. At this point, there’s a premise: time-flow! Some things can only be seen with age. The passage of time transforms both the world and myself. I simply need to make an effort to adapt to the world’s changes. After all, effort equates to persistence.


- Joseph’s “just my thoughts”




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