Becoming Wealthy

 "Becoming Wealthy"

If you want to become wealthy, they say you should befriend the wealthy. You need to know how they behave. Let me introduce a parable from Kim Gyeon's "Leader's Sword": A raised fat sheep, B raised poor cows, and C didn't raise anything. One day, poor C, with nothing to his name, went to A and said, "I won't exchange all five of your sheep for one of my cows." A readily agreed. Then, C went to B and said, "I'll give you two fat sheep for one of your cows." B also readily agreed. After a few more exchanges, A ended up raising cows, B ended up raising sheep, and C ended up raising both cows and sheep. Eventually, A and B lost all their livestock, while C ended up with both cows and sheep.

The Statue of Liberty in New York, a gift from France in 1886 to commemorate America's centennial of independence, symbolized the pride of Americans who crossed the ocean in search of freedom, as its original name, "Liberty Enlightening the World," suggests. When it came time to repair the colossal statue, an enormous amount of waste was generated. In 1974, the city of New York put out a bid for waste disposal. No one responded until a man stepped forward. At the time, the United States had strict regulations on waste, and people were concerned about the man because they thought it would cost him a fortune. However, he separated copper, zinc, aluminum, wood, and cement from the waste. He melted the copper to make small replicas of the Statue of Liberty, used the cement and wood for the base of the statue, and made the key ring of New York's plaza from zinc and aluminum. He earned over 3.5 million dollars, more than 10,000 times the bid price. This story perfectly aligns with the stories of wealthy people around us. Wealthy people are armed with economic thinking. They say that when it comes to money, wealthy people will go to hell and back to get it. In some ways, they can be criticized for accumulating wealth through opportunistic deals. However, as Adam Smith said, the capitalist system operates by the "invisible hand." Those who possess information can lead the "invisible hand" and orchestrate favorable deals.

The information on the internet is not the information we are talking about here. Information that anyone can access cannot be considered valuable information. You need the insight to find valuable information within the information. That insight is something only experts in the field can possess.

There's a saying, "The difference between a deceased wealthy person and a poor person, from the perspective of a maggot, is merely a matter of taste."

In which field are you an expert?

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