on money and insecurity

my dad has this habit of sharing lessons or whatever from books he’s currently reading. right now, he’s reading “fools rush in,” if i’m not mistaken. a book he got at booksale at 35 pesos. he prides himself for buying really good books at really cheap prices. i think my sister and i got that from him when it comes to buying books. i mean, used books are exactly the same as the brand-new ones, content wise, as he would repeatedly keep telling us. for which we would repeatedly agree.

the book he’s reading now is about some Turner guy. (this is a real story.) and of how Turner, Sr. was an aspiring businessman who shot himself to death for reasons not quite fully explained by my dad. Turner, Jr., who i presume wrote the book, is the same guy who owns MGM. the lion that you see right before the movie starts. so anyway, the whole point of this nonsense ramblings is this:


(i’m paraphrasing my dad’s statement ‘coz i can’t quite remember them now. but that’s basically the message he wanted to share with us.)

i guess the world is one huge bunch of insecure people, huh? who wouldn’t NOT want to get rich? i mean, think about it. who wouldn’t want to be in bill gates’s shoes who apparently, wouldn’t pick up a $500 bill (if it exists) from the floor because every second, he’s earning more than the piece of paper that’s on the floor. truth or not, the guy’s still filthy rich. and everyone wants to be as rich as him. to hell with being called insecure. at least there’s comfort in pondering on your own weaknesses while sipping margarita in your own exclusive island after a smooth ride in your own jet. how’s that for insecurity?

speaking of bill, here’s a little article that might interest you:

The Rags to Riches Story:

Bill was a college dropout who finessed his way into the upper echelons of IBM to sell his operating system. Now he sleeps on a bed made of solid gold. According to the media, Bill Gates is the Rocky Balboa of the business world. They’ve compared him to other college dropouts; from Kanye West to some guy who runs the IT Department at Bradley College. Gates proved that if you’re smart and willing to work hard, you can build an empire! And you don’t even have to go to college! Yay!

Why it’s a Load of Crap:

First of all, the college Gates left was Harvard, not the community college that most of the people who cite his story are thinking of leaving. He entered Harvard by scoring 1590 out of 1600 on his SAT–the man was, and still is, a genetically mutated genius. But one with the type of parents who could afford Harvard.

In fact, Gates’s parents have a lot to do with his success, and even why he was able to drop out of school. At a very young age, Bill was staying up all night experimenting with computer programming. Keep in mind, this was the late 60s and early 70s, so having access to a computer was like having access to a helicopter. He gained incredible amounts of experience because his upper class parents were able to enroll him in an exclusive prep school that had a computer available. This was only possible because Bill’s father was a prominent attorney, and his mother’s side of the family wasn’t exactly poor either.

Later, Gates left college because it didn’t provide the training in computer programming that he needed for the software business he was running on the side. It wasn’t that Gates couldn’t keep up at Harvard; Harvard couldn’t keep up with Gates. Again, this is the kind of risk you can take when you have well-to-do parents who can get you right back into school if things don’t work out. If the dude scraping by on student loans and corn dogs tries the same thing, he’s probably going to wind up bussing tables at Chili’s the rest of his life.

Of course here is where Gates used his genius and creativity to invent the modern operating system…

Oh, wait, no. It turns out he bought the program that would later become MS-DOS from another programmer, for a one-time fee of $50,000. He then took it to IBM and other PC manufacturers and made a pile of money big enough to ski down it.

Now, we’re not saying Bill Gates isn’t a smart guy or that he didn’t work hard. By all accounts he puts in more hours working than most people put into being awake. But, an “Upper Middle Class Guy With an Extraordinarily Fortunate Background to Riches” story is a completely different deal than a “Rags to Riches.” The dude wasn’t exactly an orphan begging for scraps. And it’s not like he was turning tricks as a male whore to put his start-up capital together, the way Steve Jobs did [citation needed].

Click here for more inspiring rags to riches stories (that are bullshit). you’ll find J.K. Rowling there too (who ranked #2). oh, and Jewel too.ü

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