Thursday, April 15, 2010

life's like that

A young man asked an old rich man how he made his money. The old man fingered his worsted wool vest and said, "Well, son. It was 1932, the depth of the Great Depression. I was down to my very last cent.

I invested that one cent in an apple. I spent the whole day polishing the apple and sold it for 10 cents at the end of the day.

The next morning, I invested those 10 cents in two apples. I spent the entire day polishing them and sold them at 5.00 p.m. for 20 cents. I continued this system for a month. By the end of the month, I accumulated $1.37."

The young man listened, rapt. He urged the old man to continue.

The old man went on, "Then my wife's father died and left us two million dollars."

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