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@Edmonton

[ZT]Greed Is Good But Envy Is Bad

buickregal(One-Way Highway)
本文发表在 rolia.net 枫下论坛Greed Is Good But Envy Is Bad


"Greed is good," said the Ivan Boesky-inspired Gordon Gecko in the first "Wall Street" movie. And greed certainly is one of the prime movers behind many a successful business, along with altruism, curiosity, necessity, etc.

Greed is absolute. Wanting more for the sake of it.

But "Envy is bad," says yours truly.

Envy is relative, and all the nastier for it. It's about wanting more than your neighbour, even at a cost to yourself.

There's too much envy in finance. (No kidding, Paul, what an insight!) And this has led to an escalation in salaries and, in consequence, risk taking; an unspoken conspiracy in which senior management encourage gambling by their traders so that they all get 'rewarded.'

You know what though? Just divide all bankers' pay packets by ten. And since envy is relative no feelings will be hurt!

I don't really do envy myself, see my Cheese blog in which I explained my retirement needs as cheese, wine, books (mostly fiction), oh yes, and a swimming pool ;-)

P更多精彩文章及讨论，请光临枫下论坛 rolia.net
(#2642@52)
Last Updated: 2009-9-21
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Replies, comments and Discussions:

  • Insider Offers 10 Management Lessons from the Lehman Failure -specialday(Joyce); 2009-9-21 {427} (#2638@52)
    "Former Lehman Brothers Vice President Lawrence McDonald has published a book, "A Colossal Failure of Common Sense," that offers management lessons from the Lehman debacle. But these lessons are very similar to those that business guru Peter Drucker had made long before the financial crisis. McDonald and Drucker point out that managers should concentrate on value over the long term and not get focused on quick profit. "
    • I like one of the comment - Dan Sep 21, 2009 3:17 PM GMT 10 Management Lessons? I can simplify it to 5 troublesome letters - G-R-E-E-D! -buickregal(One-Way Highway); 2009-9-21 (#2639@52)
      • You should use that word to educate 7th & 8th grade students. :) -specialday(Joyce); 2009-9-21 (#2640@52)
        • [ZT]Greed Is Good But Envy Is Bad -buickregal(One-Way Highway); 2009-9-21 {1055} (#2642@52)
          本文发表在 rolia.net 枫下论坛Greed Is Good But Envy Is Bad


          "Greed is good," said the Ivan Boesky-inspired Gordon Gecko in the first "Wall Street" movie. And greed certainly is one of the prime movers behind many a successful business, along with altruism, curiosity, necessity, etc.

          Greed is absolute. Wanting more for the sake of it.

          But "Envy is bad," says yours truly.

          Envy is relative, and all the nastier for it. It's about wanting more than your neighbour, even at a cost to yourself.

          There's too much envy in finance. (No kidding, Paul, what an insight!) And this has led to an escalation in salaries and, in consequence, risk taking; an unspoken conspiracy in which senior management encourage gambling by their traders so that they all get 'rewarded.'

          You know what though? Just divide all bankers' pay packets by ten. And since envy is relative no feelings will be hurt!

          I don't really do envy myself, see my Cheese blog in which I explained my retirement needs as cheese, wine, books (mostly fiction), oh yes, and a swimming pool ;-)

          P更多精彩文章及讨论，请光临枫下论坛 rolia.net

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