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”
All matter in this world, including the human body, is composed of quantum particles. Even if we shake hands, we might think that our elements mix, but they do not. This is because the physical properties of quantum—the special forces generated in the quantum realm—remain unchanged. To endure difficult circumstances means maintaining your state with strength. If you have stood firm so far, it indicates you possess the power. Holding up is a form of ability. - Joseph’s “just my thoughts”