Credit Rating and Required Rate of Return: Suppose you and Warren Buffett borrow money from a bank. The bank will assess your credit ratings differently. Maybe the bank could offer Warren Buffett a loan without interest since it can be advertised as a bank used by the renowned investor. However, it will likely charge you interest because you have a lower credit rating and less fame than Warren Buffett. The interest rate each borrower faces, based on their creditworthiness, is called the required rate of return for creditors. Under the same conditions, the cost of poverty is much higher for the poor than for the rich. Poverty inherently involves costs. - Joseph’s “just my thoughts”
The Bible's Solomon is called the “king of wisdom”. Solomon did not ask God for wealth and honor, but for “wisdom,” who knows how to rule the people and discern good and evil. This “wisdom” is called “rev showmea (לב שמע)” in the original text. Solving the meaning of this word means “listening mind” or “discerning heart.” Why do you want to hear and discern? To realize and practice. The mind is not seeing. It's to listen. There is no wisdom, wealth, and honor unless we hear and understand a person's heart and then take action. - Joseph’s “just my thoughts”