Talked to Dad today
He was like I thought he would be. He likes to put others down. I guess we all do.
He was all worried that I am going to end up broke.
My questions are:
- Why do I want to get rich?
- Does wealth help comfort anyone in their declining years?
- Dave's life support cost $8,000 a day to keep him alive for a month while in a coma. Did he enjoy that before he died.?
I can't explain to him that I'd rather die all used up and broke, than to die rich and healthy.
But explaining to him my views on investments and life are waisted.
He's old. I wish he would spend his what is left of his thinking power on where he's headed next.
I tried to tell him how stock price to earnings can be manipulated.
I believe price to earnings can be manipulated by corporations, simply by invested or liquidating holdings in a dummy corporation. If they can be, then that number is useless as a guauge to determining a stocks viability.
He said he knew all about that. But he said you could get rich in a couple of years by analysing price to earnings. In other words, he is just not listening. So, what can I do?
I wish I could get it through to him that the point of life isn't to win, it is to exist. Everything we do makes a difference. There is no way to tell what the consequences of our actions are going to be.
For example: If we fed all of the overpopulated countries in Africa, we would end up having to kill them. They are overpopulated because they are way out of control. If we fed them, they will multiply and more will starve.

Wednesday, May 17, 2006 1:55:08 PM, From: Jim, To: Guest