What I spend is someone else’s income. Apple co-founder Steve Jobs discussed every morning at breakfast with his family about buying a set of Miele washing machines and dryers from Germany for two weeks. Why? Of course, it was to teach their children about economics and to illustrate a lesson about opportunity cost, a common trait among wealthy people. If you buy this washing machine, you cannot buy that one. That is the opportunity cost. It’s a form of relative value, based on the idea that choosing one option means sacrificing another, so the value of each can be compared within those limits. Wealth begins with training in understanding even trivial opportunity costs. To succeed in business, you need to learn how to measure opportunity cost first, rather than just how to make money. - Joseph’s “just my thoughts”
As contemporary science advances, it reveals that the brain characteristics of men and women are not strictly defined by gender. Even though there are anatomical differences between male and female brains, research continues to indicate that intelligence does not vary. The characteristics of men’s and women’s brains do not account for the differences in abilities between genders. Instead, a growing body of research suggests that what was once thought to define male or female brain characteristics is now seen as more fluid. - Joseph’s “just my thoughts”