Wall Street Could Have Learned Lots From This Kid!

If Wall Street hedge fund managers, derivatives traders and mortgage loan officers had just followed this kid’s money philosophy, we could have avoided the financial and economic mess we are now in.

Yes friends, instead of buggering around with bailouts, handouts, TARPS, FARTS and what have you, we could have continued to enjoy high property prices, high stock prices, ever higher oil and commodity prices and ...low interest rates. What a great life it could have been.

But it was not to be. See what message you get out of this little piece sent to me from a fellow fly in the Middle East (yes I have relatives there as well).

A young boy - say we call him Ali - enters a barber shop. The barber whispers to his customer, “This is the dumbest kid in the world. Watch while I prove it to you.”

The barber puts a dollar bill in one hand and two quarters in the other, then calls the boy over and asks, “Which do you want, son?”

The boy takes the quarters and leaves the dollar in the barber’s hand.

The barber says to his customers, “What did I tell you?. It happens all the time. This kid never learns!”

Later, when all the customers leave, the barber comes out of his shop and sees the same young boy coming out of the ice cream store. The barber says to him...

“Hey, son! I’ve wanted to ask you for a long time. Why do you always take the quarters instead of the dollar bill?”

The boy licked his ice cream cone and casually replied,

“Because the day I take the dollar, the game's over!. No more audience for you and no more free ice cream for me”

The message is “Wall Street could have fooled all the people all of the time – but for their stupidity and greed.”