Friday, February 26, 2010




We have all heard about the idea that nothing is worse than actually wanting something and than getting it. There is always a disappointment factor.

In the day, my friend Gary had a friend from work, Phil, and I knew them both. Gary was my friend for years and Phil was his friend who I knew in a more casual way. Phil was an interesting guy.

Phil was extremely penurious, so money was a key motivator in his life. This took various forms which included offering car loans to friends at better rates than the bank or the dealerships.

Early in his career, Phil had the opportunity to take his wife and children to live in Europe for two years, while he worked in one of his company’s European offices. While there, with the strong U.S. dollar, they lived extremely well with a maid and vacations and the ability to do all this and still save lots of cash to be used for careful investment.

When he returned to the U.S. he hoped he would achieve some status within the corporation and be able to move up into another position which would assure another foreign assignment so he would be able to accumulate more cash for his family’s future.

Seeing no promotion in sight and obsessed with the idea that this was the way to go, he threw himself upon the voluntary exchange idea of no promotion but a lateral move in order to improve his lot. He discovered the opportunity to move to Turkey for a few years and his life would improve in the long haul.

They leased their home rather than sell it so it became a good business move, and they moved to Turkey.

After a few months he became ill, and the Turkish medical system did not do well with him, and he died in hospital of pneumonia, I believe. His family brought his body home, but they had no home to move to, as it was leased to another family.

I tell this story from a long time ago as it came up last night as I was telling my daughters something or other and they hated it because they never like my stories. I had forgotten or repressed it for the last 40 years or so and felt it might be a tale worth telling.

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