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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”

Just my thoughts #0273

The greater the mountain, the less we consider its height due to its overall size. It’s not merely the height or depth that defines a significant mountain; rather, it’s the climate. A mountain that experiences changing weather patterns is indeed greater. Similarly, the greater a person is, the broader and more diverse their capacity for change, which should not be taken lightly. We must refrain from judging those individuals with our imperfect cognitive abilities. - Joseph’s “just my thoughts”