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 weight of a glass of water isn’t heavy, but holding it for a long time can numb your arm. Obsession matters more than the weight of life. If we cling to both hate and stress for too long, our souls become paralyzed. Even small stresses shouldn’t be dismissed, and even mild hatred shouldn’t be ignored in our hearts. The peril of obsession is that my heart becomes numb without me realizing it, and forgiveness has the power to save both the one who hates me and myself. - Joseph’s “just my thoughts”