Has the water entered my ship?

In 1923, nine of the wealthiest people in the world met at Chicago's Edgewater Beach Hotel. Their combined wealth, it is estimated, e...

In 1923, nine of the wealthiest people in the world met at Chicago's Edgewater Beach Hotel.

Their combined wealth, it is estimated, exceeded the wealth of the Government of the United States at that time.

Attending the meeting were the following men:

1. The President of the largest steel company,

2. The President of the largest utility company,

3. The President of the largest Gas company,

4. The President of the New York Stock Exchange,

5. The President of the Bank of International Settlements,

6. The greatest wheat speculator,

7. The greatest bear on Wall Street,

8. A member of President Harding's cabinet, and

9. The head of the World's greatest monopoly.

That's a pretty impressive line-up of people by anyone's yardstick.

Yet, let’s examine, what happened to them 25 years later :

1. The President of the then largest steel company (Bethlehem Steel Corp), Charles M Schwab, lived on borrowed capital for five years before he died bankrupt.

2. The President of the largest utility company, Samuel Insull, died penniless!

3. The President of the then largest gas company, Howard Hubson, went insane.

4. The then President of the New York Stock Exchange, Richard Whitney, was sent to jail.

5. The President of the Bank of International Settlement, Leon Fraser, committed suicide.

6. One of the greatest commodity traders, Arthur Cutten, died insolvent.

7. The greatest “bear” on Wall Street, Jesse Livermore committed suicide.

8. The member of the US President Harding's Cabinet, Albert Fall, was pardoned from jail just to be able to go home and die in peace.

9. The President of the then world’s greatest monopoly, Ivar Krueger, committed suicide.

Where did they all go wrong ?

```What they forgot was how to "make" life while they got busy making money!

Money in itself is not evil. It is only a medium of exchange.

We need two kinds of education.

One that teaches us "how to make a living ?"

and

the second, "how to live ?"

Many of us get so engrossed in professional life that we neglect our family, health, social responsibilities.

And when asked why we do it, we would reply "For our family"

However, our kids are sleeping when we leave home.

They are sleeping when we come home!

25 years later, we’ll turn back and they’ll be gone to pursue their own dreams and lives.

The goal should not only be to Get Rich, but

it should also be to "Live Rich".

Without water, a ship cannot move.

It needs water, but if the water gets into the ship, it will face existential problems.

What was a “means of living” becomes a “means of destruction”.

Similarly we live in time where money is a necessity but let not the money enter your heart, for then, what is a "means of living" will surely become a "means of destruction" for us as well!