If you think you’ve ever lost a lot of money, think again

I just received this by e-mail. Not sure of the source, so I cannot guarantee it’s accuracy, but in the wake of what we’ve watched happen in the markets [particularly the US], it could easily be true.

Did you see Mr Cayne [left hand side, second from top] and Mr Mudd [bottom left]?

So tell me again why you think money should be our primary objective.

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This entry was posted on Wednesday, October 8th, 2008 at 6:59 am and is filed under Investment and funding. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  • Darren
    Robin, I believe the Donald has diversified his investments substantially, and by hanging onto the majority of his companies for himself [not having as much of his fortune exposed to market sentiment and fluctuating share prices] he has avoided the pitfall that befell these poor fellows.

    Or something like that.
  • ok, but where is Donald the Trump in all of this?
  • Darren
    Hi Kevin

    Wow, thanks for your interest! I really do appreciate it.

    I see you are off on a venture of your own, and can only assume from your comment here that you will be shaking things up a bit - watch out Palo Alto! :)

    Would be great to keep in touch, and I'm looking forward to reading about how your adventure unfolds.

    Best wishes,
    D
  • Hi Darren

    I have just come across your blog and am really enjoying it.

    I agree with one of your main themes, that making money for the sake of making money is a very narrow way of looking at life. As you said, smart companies have a real purpose, and by helping others and having a broader goal, they will inevitably make money anyway.

    Keep up the great work.

    Kind regards
    Kevin
  • Darren
    Yeah Grant, that has got to seriously affect one's mental health, going from being "just fine" to [by their standards] "just above the bread line".

    And then there is a significant portion of the world's population that survives on $1 a day or so.... unreal.
  • Hey Darren - Looks like Richard S. Fuld Jr. took the biggest bath - $824.8m lost! That's gotta hurt.
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