Humans have relied on horses for transportation for a long time. Horses are anatomically designed for running, are strong, and possess excellent endurance. However, the reason this horse was chosen as a means of transportation for humanity is that its back does not shake much when it runs, which is also a crucial factor. Observe a horse’s back as it runs. Regardless of how well a horse runs, for a person to ride it, there must be minimal shaking. If running well is the primary function, a smoother ride becomes a secondary consideration. However, the world often prioritizes only the primary function, overlooking the significance of these secondary functions and their roles in actualizing that primary function. - Joseph’s “just my thoughts”
We often overlook the financial concept of “opportunity costs” because there is no immediate cash expenditure involved. Typically, we invest more time and effort in purchasing cheaper products. In contrast, wealthy individuals do not have to exert as much effort as those with fewer financial resources. When we factor in opportunity costs, we often find ourselves spending a similar amount of money on the same items, regardless of wealth status. For instance, if Bill Gates picks up a dollar that someone has dropped, he actually detracts from his financial standing due to the opportunity costs associated with the value of his labor. In this regard, he might save more money by choosing to rest instead of working. Ultimately, opportunity costs are the hidden expenses that can keep us in financial distress in the real world. - Joseph’s “just my thoughts”