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FINANCIAL CHRONICLE™ » FUN CHRONICLE™ » Mexican Fisherman and Wall Street

Mexican Fisherman and Wall Street

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Academic

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Mexican Fisherman and Wall Street 010
Mexican Fisherman and Wall Street 110
Mexican Fisherman and Wall Street 210
Mexican Fisherman and Wall Street 310



Last edited by Academic on Tue Aug 02, 2011 2:38 pm; edited 1 time in total

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Post Mon Aug 01, 2011 7:09 pm by ipoguru

The fisherman's reply was, I am doing the same ne. So why should I work so hard to achieve it after 20 years.
lol :lol!:
Its the truth of life. Thanks for posting this machan this is quite a good story for greedy folks in CSE.
I know its true but I don't follow it. I am still greedy If you can understand the real meaning and follow it you are well above ordinary.

rijayasooriya

Post Mon Aug 01, 2011 9:07 pm by rijayasooriya

@Academic wrote:Mexican Fisherman and Wall Street 010
Mexican Fisherman and Wall Street 110
Mexican Fisherman and Wall Street 210
Mexican Fisherman and Wall Street 310

ආරෝග්යා පරමා ලාභා - සංතුඨ්ඨි පරමං ධනං
විශ්වාසා පරමා ඥාතී - නිබ්බානං පරමං සුඛං



-ධම්ම පදය

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Post Tue Aug 02, 2011 2:39 pm by Academic

Ya! The bitter truth.

mono

Post Tue Aug 02, 2011 3:35 pm by mono

Typical middle class romanticism

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Post Tue Aug 02, 2011 4:38 pm by Academic

@mono wrote:Typical middle class romanticism

Do you think the end of story is different for upper and lower classes (if there is anything called "class" )?

mono

Post Tue Aug 02, 2011 5:26 pm by mono

@Academic wrote:
@mono wrote:Typical middle class romanticism

Do you think the end of story is different for upper and lower classes (if there is anything called "class" )?

I'm not sure if different classes have different versions of that story. But story itself is a fairy tale, the truth is the fisherman is probably up to his neck in debt and those two fish are only ones he's caught all week. It's true that there is more to life than making money. But having money makes achieving those things that much easier, and not having money makes the same tasks that much harder.

And the existence of class is just as real as the existence of race. To state the obvious, your socio-economic background tempers your experiences & conditions your perception.

avatar

Post Tue Aug 02, 2011 6:35 pm by Academic

@mono wrote:.... the truth is the fisherman is probably up to his neck in debt and those two fish are only ones he's caught all week.

1. The story clearly says fish is daily harvest, not weekly. Also It didn't take much time to catch it.
2. Debt = Expenditure (both capital and consumption) - Income

According to point 2 debt is partly determined by expenditure. He is just balancing income and expenditure creating no debts. Yes! No Debts.

mono

Post Tue Aug 02, 2011 6:39 pm by mono

@Academic wrote:
@mono wrote:.... the truth is the fisherman is probably up to his neck in debt and those two fish are only ones he's caught all week.

1. The story clearly says fish is daily harvest, not weekly. Also It didn't take much time to catch it.
2. Debt = Expenditure (both capital and consumption) - Income

According to point 2 debt is partly determined by expenditure. He is just balancing income and expenditure creating no debts. Yes! No Debts.

All i'm saying is that the story & reality are two different things. the ideal of a simple yet content life is nothing more than an ideal.

avatar

Post Tue Aug 02, 2011 6:49 pm by Academic

@mono wrote:
@Academic wrote:
@mono wrote:.... the truth is the fisherman is probably up to his neck in debt and those two fish are only ones he's caught all week.

1. The story clearly says fish is daily harvest, not weekly. Also It didn't take much time to catch it.
2. Debt = Expenditure (both capital and consumption) - Income

According to point 2 debt is partly determined by expenditure. He is just balancing income and expenditure creating no debts. Yes! No Debts.

All i'm saying is that the story & reality are two different things. the ideal of a simple yet content life is nothing more than an ideal.

IMHO, both children and matured adults are capable of grasping moral and beauty of a fairy tale!

mono

Post Tue Aug 02, 2011 6:52 pm by mono

@Academic wrote:
@mono wrote:
@Academic wrote:
@mono wrote:.... the truth is the fisherman is probably up to his neck in debt and those two fish are only ones he's caught all week.

1. The story clearly says fish is daily harvest, not weekly. Also It didn't take much time to catch it.
2. Debt = Expenditure (both capital and consumption) - Income

According to point 2 debt is partly determined by expenditure. He is just balancing income and expenditure creating no debts. Yes! No Debts.

All i'm saying is that the story & reality are two different things. the ideal of a simple yet content life is nothing more than an ideal.

IMHO, both children and matured adults are capable of grasping moral and beauty of a fairy tale!

But morals, fairy tales & associated allegories that don't reflect reality are nothing more than escapist fantasies.

avatar

Post Tue Aug 02, 2011 7:12 pm by Academic

@mono wrote:
@Academic wrote:
@mono wrote:
@Academic wrote:
@mono wrote:.... the truth is the fisherman is probably up to his neck in debt and those two fish are only ones he's caught all week.

1. The story clearly says fish is daily harvest, not weekly. Also It didn't take much time to catch it.
2. Debt = Expenditure (both capital and consumption) - Income

According to point 2 debt is partly determined by expenditure. He is just balancing income and expenditure creating no debts. Yes! No Debts.

All i'm saying is that the story & reality are two different things. the ideal of a simple yet content life is nothing more than an ideal.

IMHO, both children and matured adults are capable of grasping moral and beauty of a fairy tale!

But morals, fairy tales & associated allegories that don't reflect reality are nothing more than escapist fantasies.

Darkness defines lightness

Badness defines goodness

Fantasy defines reality

Retailers define HNWIs

Razz

Rocky

Post Tue Aug 02, 2011 7:47 pm by Rocky

[quote="mono"][quote="Academic"]
@mono wrote:....


All i'm saying is that the story & reality are two different things. the ideal of a simple yet content life is nothing more than an ideal.

May I add a few cents?

What do think of a person who prefers not to suffer or in the worst case scenario, likes toSuffer in Comfort'.
Is'nt that having a combination of both world's?
If fact, most fall into this category somehow!

So making a few more bucks will keep you from sleeping on a bed of nails as the ADvert goes.

Antonym

Post Tue Aug 02, 2011 7:56 pm by Antonym

Nice story; I like the ideal that it seeks to convey.

But then, I'm a typical middle class romantic... Razz

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