There was an interesting discussion in TV on roughly the
'accumulation of wealth and its consequences' - not too sure about the exact
topic as I joined late and some of the channels has the habit of flashing the
programme details only once. Suggest this is done again at the end of the
programme also with the details for feedback.
One of the TV participants referred to Narayanamurthy, when
he was the lone vetoing person among his other partners when Infosys was
offered a price of one million, when this money was huge. While the other
partners' opinion would have meant reaping the benefit of multiple time of
their investment, he seemed to be the only person who felt that Infy's stocks
will climb astronomically and lauded his vision and more importantly the thirst
for more. Had the partners sold the
company then, they would have lost billions, as per the current trend.
On the subject, I also recalled T T Rangarajan's writing in
his 'Unposted Letters' that every human being has the moral responsibility to
become rich. He goes on to contend that
' the unwillingness of good human beings to amass wealth because of a sense of
contentment has led a lot of money to evil forces'.
I was stopped dead on track by this assertion as I have been
taught by my father that if I borrow and make a living , then I have no chance
to lead a decent life (கடன் வாங்கினால் உருப்பட மாட்டே
).
What is perplexing is - the multiple times profit then
against Billions of loss now - say after 10 or 15 years. Which is better? How
do you decide - is there any logic behind this???
Again how can one be sure that delaying is always going to
pay you dividends? Another example from
my own group of friends backs this. A group of 4 friends bought a piece of land on the
outskirts of Chennai for a paltry Rs 20,000 in late 1980s and when it was
offered 3 lakhs after a decade one in the group sold it and was happy that it had fetched him enormous
profit. After few years when the ground prices soared another friend in the
group sold it for 9 lakhs and the first one was crestfallen. The third friend
sold it for 12 lakhs in 2009 and when the fourth was waiting for further boom,
it was usurped by land grabbers after paying a pithy one lakh. Now, who is
wiser? Is your intelligence, business acumen or current general knowledge has
anything to do with this and could anyone have minimized the loss or maximized
the gain? Or should one also take luck into account like our one dayers?? I
leave it to the more learned to analyze!!
My confusion was compounded by another lecture I attended
yesterday. The speaker was the TV famous Mangayarkarasi , who while describing
the powers of the Lord said that the more you renounce yourselves and shed all
your accumulations and attraction towards assets , the more you will be
peaceful and God will come nearer to you!
This intelligent world consisting of learned people, philosophical
minds, Industrialists and entrepreneurs
all have different approaches to life but like the sales person on the T Nagar
shopping area everyone insist that theirs
is the Best way . Those who also ran the benefit funds some years back thundered
"Do not think too much. Invest now and let your first expense be an
Investment".
One is tempted to tinker around with Shakespeare's famous
words to suggest "To decide or not to decide…" My relative used to
say that his boss insists on his staff making a decision, and a wrong decision
is better than indecision.
For a common man, as the song goes , " ஒண்ணுமே புரியல்லே . .. .
"
On 01-Mar-2012, rema viswamani wrote "Superb!Superb!Superb! You shd have been in the journalistic line"
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