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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”
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Just my thoughts #0186

The true opposite of conscientiousness isn’t laziness; it’s hastiness. If integrity is defined by consistency, then laziness contrasts with integrity. However, if we emphasize completion and a meticulous, persevering approach, then impatience and careless actions can undermine everything. Think about your own perspective. Which definition resonates with you more?


- Joseph’s “just my thoughts”




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