On a risk-reward basis, I prefer lower-rated credits with strong up- side potential for ratings upgrades.
And, two words of wisdom: (i) investors prefer lower burn rate, lower cash need businesses (so a $1MM need has a better chance than a $10MM need); and (ii) whatever the model says you need, double it for your cash raise (as things ultimately go wrong and you will want a cushion in place, to prevent going back to investors looking for more later--most likely at worse terms).
It's not that I'm monolithically opposed to higher-alcohol wines, though I do prefer lower levels.
Most travellers, however, might prefer lower fares.
Business leaders almost invariably prefer lower taxation.
Maybe the reader's own clients might prefer lower costs over meals and trinkets, too.
In addition, many people might prefer lower quality phone service if they can pay less.
The markets rightly prefer lower interest rates for the discounting of earnings to the present, within our finite life span.
Players have approved of the fairways and greens, even if they might prefer lower speed limits for struck balls.
"In the new edition we now prefer lower case a.m. and p.m., with periods in between," Ms. Samen said, "and we are saying small caps are an alternative".
But younger workers, who would be the ones affected by the change, should be asked to consider whether they would prefer lower benefits, later benefits or more taxes.
