Guys, I read this article in an equity forum and thought of sharing this with you..
1923 , eight of the wealthiest people in the world met . Their combined wealth , estimated, exceeded the wealth of the government of the United States . These men knew how to make a living and accumulate wealth . It's very interesting to read about what happened to these 8 wealthiest people in the world , 25 years later…..
So 25 years later.......
1. President of the largest Steel Company , Charles Schwab , died bankrupt .
2. President of the largest Gas Company , Howard Hubson , went insane .
3. One of the greatest commodity traders , Arthur Cutton , died insolvent .
4. President of the New York Stock Exchange, Richard Whitney , was sent to jail .
5. A member of the President’s Cabinet , Albert Fall , was pardoned from jail .
6. The greatest “bear” on Wall Street , Jessie Livermore , committed suicide .
7. President of the world’s greatest monopoly , Ivar Krueger , committed suicide .
8. President , Bank of International Settlement , Leon Fraser , committed suicide .
So, what happened ? Where did they go wrong ? They most certainly made lots and lots of money . They were very wealthy . But what did they lack then ? In fact , as much as they knew how to make a living , they forgot to make a life ! Instead , they just made Money ! Money provides comfort and status , so true . It also provides food for the hungry , medicine for the sick , clothes for the needy ; and shelter for the homeless , yet , noteworthy to mention that is only a medium of exchange .
Our education system needs to share two kinds of education . One that teaches us skills on how to make a living ; and one that teaches us values on how to live life , free from entrapment of chasing after an illusion of happiness . Many people are entrapped in that chase neglecting health , family , the social responsibilities , the environment and moment by moment of real deep fresh breathing . The kids are sleeping when we leave home . They are sleeping when we come home . Twenty years later , we WILL turn back , and they’ll all be gone . Same goes for our health , dreams , and purpose in life . Twenty years later , they will all be gone or a far distant memory .
Without water , a ship cannot move . The ship needs water . Yet , if the water gets into the ship, the ship will face problems and potentially sink. Similarly , we live in a time where earning is a necessity ; but let not the earning enter our hearts ; for , what was once a means of living , will become heavy chain, an entrapment and a means of destruction !!!???
So take a moment and ask yourself …. "Has the water entered my ship ?”
1923 , eight of the wealthiest people in the world met . Their combined wealth , estimated, exceeded the wealth of the government of the United States . These men knew how to make a living and accumulate wealth . It's very interesting to read about what happened to these 8 wealthiest people in the world , 25 years later…..
So 25 years later.......
1. President of the largest Steel Company , Charles Schwab , died bankrupt .
2. President of the largest Gas Company , Howard Hubson , went insane .
3. One of the greatest commodity traders , Arthur Cutton , died insolvent .
4. President of the New York Stock Exchange, Richard Whitney , was sent to jail .
5. A member of the President’s Cabinet , Albert Fall , was pardoned from jail .
6. The greatest “bear” on Wall Street , Jessie Livermore , committed suicide .
7. President of the world’s greatest monopoly , Ivar Krueger , committed suicide .
8. President , Bank of International Settlement , Leon Fraser , committed suicide .
So, what happened ? Where did they go wrong ? They most certainly made lots and lots of money . They were very wealthy . But what did they lack then ? In fact , as much as they knew how to make a living , they forgot to make a life ! Instead , they just made Money ! Money provides comfort and status , so true . It also provides food for the hungry , medicine for the sick , clothes for the needy ; and shelter for the homeless , yet , noteworthy to mention that is only a medium of exchange .
Our education system needs to share two kinds of education . One that teaches us skills on how to make a living ; and one that teaches us values on how to live life , free from entrapment of chasing after an illusion of happiness . Many people are entrapped in that chase neglecting health , family , the social responsibilities , the environment and moment by moment of real deep fresh breathing . The kids are sleeping when we leave home . They are sleeping when we come home . Twenty years later , we WILL turn back , and they’ll all be gone . Same goes for our health , dreams , and purpose in life . Twenty years later , they will all be gone or a far distant memory .
Without water , a ship cannot move . The ship needs water . Yet , if the water gets into the ship, the ship will face problems and potentially sink. Similarly , we live in a time where earning is a necessity ; but let not the earning enter our hearts ; for , what was once a means of living , will become heavy chain, an entrapment and a means of destruction !!!???
So take a moment and ask yourself …. "Has the water entered my ship ?”
