Tuesday, March 18, 2008

“My life has been flushed down the drain”

So says one Bears Stearns executive. (via Eschaton)

To which I say: what a sad life. I recognize that losing millions of dollars must really suck. After all:
There was talk Monday that with their life savings nearly depleted, some executives had moved quickly, putting their weekend homes on the market.
Nonetheless, any life that can be flushed down the drain by the loss of any quantity of money is a sad life.


jpf said...

Okay, I'd like to believe that if I lost a great quantity of money, I would be fine. But I probably wouldn't be, especially if I spent a significant amount of time and focus in my career path to achieve that level.

A life that is "flushed down the drain" may be a bit of a stretch. I'd be willing to bet that the person who said this will in time get over it to some degree. I imagine in the days following these events, this person was riding some pretty big waves of emotion which might give rise to such talk.

As Ari Kiev says later in the article, the world this person thought he were living in is crumbling around him, of course he is going to be shocked. When what one thought was reality is shown to be a sham, one goes through some heavy shit.

Attachment to anything in the world can result in such tragedy. Money, material possessions, relationships, a healthy body, recognition, reputation... Instead of "any life that can be flushed down the drain by any quantity of money is a sad life", I would propose "any person that feels his life can be flushed down the drain by any quantity of anything important to him is a fairly normal person."

Rare is the person who can lose their life's work and wake up the next day like nothing happened.

jpf said...


he *was* living in

Will Roberts said...

Certainly, fortune is uncertain, and we are always invested in things that can be taken from us, and are thus open to tragedies.

Nonetheless, I want to insist that anyone who invests their whole life in making and holding money is a fool.

The question is not whether you can lose your life's work and act like nothing has happened, but what you spend your life working on and for.

jpf said...

Maybe he can use a dose of this: http://youtube.com/watch?v=q8C8ys7SF3I&feature=related