MARRIAGE IS A BUY AND HOLD ASSET – WALL STREET VERSION…
A woman posted a message sayingon the New York Financial Times Newspaper asking for advice on how to find a millionaire husband.
This is the Message the woman wrote:
“I am a beautiful girl (I would say very beautiful) 25 years old, well educated and I have class. I want to marry someone who makes at least a million dollars a year.
Do you have any men on this portal who make over $500,000 a year? Maybe the wives of those who make that can give me some advice.
I’ve been dating men who make 200-250k, but I can’t go over that, and 250k isn’t going to get me to live on Hudson Yards.
I know a woman, from my yoga class, who married a banker and lives in Tribeca, and she is not as pretty as me, nor is she smart.
So what did she do that I didn’t? How can I get to her level.
“I read your query with great interest, thought carefully about your case and made an analysis of the situation. First of all, I am not wasting your time, since I earn more than 500 thousand per year.
Having clarified this, I consider the facts as follows: What you are offering, seen from the perspective of a man like the one you are looking for, is simply a lousy deal.
Here’s why: Putting aside all the detours, what you are proposing is a simple business deal: You provide the physical beauty and I’ll provide the money. Clear proposal, no loopholes.
However, there is a problem. For sure, your beauty will decline, and one day it will end, and most likely my money will continue to grow.
So, in economic terms, you are a depreciating asset and I am a dividend-yielding asset. You not only suffer depreciation, but, since it is even progressive, it always increases!
To clarify further, you are 25 years old today and you will continue to be beautiful for the next 5, 10, to 20 years; but always a little less each year, and suddenly, if you compare yourself with a photo of today, you will see that you will already be old.
This means that you are now “on the rise, in the ideal time to be sold, not to be bought.
Using Wall Street parlance, whoever has it today must have it in a “trading position”, and not in a “buy and hold”, which is what you are offering it for.
Therefore, still in commercial terms, the marriage (which is a “buy and hold”) with you is not a good business deal in the medium or long term, but renting it can be in commercial terms a reasonable business that you and I can meditate and discuss.
I think that by certifying how “well formed, classy and wonderfully beautiful” it is, I, the probable future renter of that “machine”, want what is common practice: To make a test drive, that is to say a “test drive…” in order to finalize the operation.
In short: as buying it is a bad deal, due to its increasing devaluation, I propose to rent it for as long as the equipment is in good use. Waiting to hear from you, I bid you a cordial farewell.
Source: New York Financial Times.