Greed

Greed​

Today I received this on whats app, which I am sharing with u all. I just loved it.

PLEASE READ IT.. WORTH READING

Brilliant thought on money.

We think we can pile up money to last our life time and leave for our children !!
In 1923, nine of the wealthiest people in the world met at Chicago's Edge Water Beach Hotel .

Their combined wealth, it is estimated, exceeded the wealth of the government of the United States at that time. These men certainly knew how to make a living and accumulate wealth. Attending the meeting were the following men:

1. The president of the largest steel company,
2. The president of the largest utility company,
3. The president of the largest gas company,
4. The president of the New York Stock Exchange,
5. The president of the Bank of International Settlements,
6. The greatest wheat speculator,
7. The greatest bear on Wall Street,
8. The head of the World's greatest monopoly &
9. A member of President Harding's cabinet.
That's a pretty impressive line-up of people by anyone's yardstick.
Yet, 25 years later, where were those nine industrial giants?

Let’s examine what happened to them 25 years later.

1. The President of the then largest steel company (Bethlehem Steel Corp), Charles M Schwab, lived on borrowed capital for five years before he died bankrupt.
2. The President of the then largest gas company, Howard Hubson, went insane.
3. One of the greatest commodity traders (Wheat Speculator), Arthur Cutten, died insolvent.
4. The then President of the New York Stock Exchange, Richard Whitney, was sent to jail.
5. The member of the US President’s Cabinet (the member of President Harding's cabinet), Albert Fall, was pardoned from jail just to be able to go home and die in peace.
6. The greatest “bear” on Wall Street, Jesse Livermore committed suicide.
7. The President of the then world’s greatest monopoly, Ivar Krueger, committed suicide.
8. The President of the Bank of International Settlement, Leon Fraser, committed Suicide.
9. The president of the largest utility company, Samuel Insull, died penniless.
What they forgot was how to "make" life while they got busy making money!
Money in itself is not evil; it provides food for the hungry, medicine for the sick, clothes for the needy. Money is only a medium of exchange.
We need two kinds of education:
a) One that teaches us how to make a living
and
b) One that teaches us how to live.
..........

As I go in flashback, well most of what came is what I can identify with . So many rich men, died in penury, or in poverty and disgrace. I feel people don’t know when to stop. They just want more and more. Business is about taking risks, giving credits, when u are starting in life, u are willing to go to any lengths, work 18 hours a day, for u want to make lots of money, name and fame, and be known, and have yr own house, car, and other luxuries, and send yur children to the best of the schools, which means expensive ones.

Now all that requires money, and money will come with long hours and hard work, which can be backbreaking. At that stage, u have nothing to lose, but all to gain, just as Dhirubhai Ambani started, he had Tata and Birla ahead of him, and he was nothing, later he became No 1, and equations changed.

Government employees are retired at 60, but businessmen, carry on and on, long after they have acquired everything.And they complain of tension, hyper tension, BP, sugar, heart and what not. What drives them to work hard in their sixties and seventies, when all their needs have been made, they have hiomes , cars, and 10 to 50 crores in cash and assets, then why are they breaking their bodies working ?

Somehow I feel they want to keep earning money. They get greedy.They are screwing their health, they cannot eat, they have ulcers, tensions, and they don’t eed that money at all.they have enough for a few generations. Then why ?

For them time is money. For them it is a waste of time to take their grandchild to the zoo, circus, or talk and play, for they calculate how much they lose per money financially, so they will provide a maid for the grandchild. They cannot take a guest out sightseeing on a working day, for they are busy making money.

Raheja left behind 11000 crores of Rupees, and his only son and two daughters are fighting over it, and the matter is in court.

Dhirubhai Ambani left may 2 lakh crore or more, God knows for his two sons, and his sons fought for so many years, not on talking terms then.

The cancer surgeon who operated on me, is maybe mid fifties now. He performs around 10 cancer operation s a month, maybe more.For each I suppose he gets [paid a lakh, the operation lasting some 8 hours, his role many be 4 hours in that . So 10 lakhs from the operations. Fine, He visits the patients in the rooms , twice a day, each time the hospital charges 2000 per visit, of which half I assume is his share, that is a 1000 per visit. Sheeach patient fetches him 2000 per day, and I suppose he has 5 patients at least under his care post operation, so that means 10,000 a day his share from that , which means 2 lakhs a month for 20 days.

And he sees patients who come in outdoor, for which hospital charges 1000, so his share we assume at 500/- and in a day I have seen 20 patients he sees, so that means 10,000 per day, so for 20 days a month, that is another 2 lakhs per month.

So all in all, I suppose he makes 15 lakhs a month, and since the last 30 years that he has been operating, hemust be worth 50 crores and more, with 2 crores a year coming in , or more God knows.

Now seeing blood everyday, is not very pleasant I suppose. But just like a pathologist who says, for u this may be **** and urine, for me it is bread and butter (amul?) , Well the surgeon also gets used to it.

But now this surgeon may also be under stress, he cannot take off, he cannot sit for a few hours with his grandchildren, he cannot go for a holiday with family abroad as and when he wants, even though he has all the money.

Is this life ? Cant he stop operations, and just do consultation work, and make do with a measely two lakhs a month ? And recemond the operations to other surgeons, he just does the consulations. I guess doctors are scared that someone else will take their place, they will lose their place of pride in society and so on.

I read that many people make money, but few enjoy the money. And when u die of overwork, tensions and other diseases, even yr children don’t enjoy that money, they fight over it, so neither u enjoyed nor yr children.

What a useless life eh ! The Whats app example should make us open oru eyes, at least to people in their fifties, approaching their sixties, or what they want to do in a few years time, and reflect, for how long do u think u are going to live more ?

Sad really.

KAMAL MAHTANI


Awesome joke...
Father: I have 4 sons
1st - Engineer
2nd - MBA
3rd - Ph. D
4th - Thief

Neighbour - why don't you throw ur 4th son out of the house..

Father : He is the only one EARNING in the house,
rest are jobless !!!


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Dear GG,

thank u for the great FB, and also being the first. Yes they can do free consulataions , no harm, there will be no pressure then to acheive targets, and also to please the medical companies.

Regards

kamal