It’s a lovely 60 degree day Sunday here in NY. I had the opportunity to walk in Prospect Park, grab some coffee and think about lot of things. My life has definitely changed in the last 10 years, both for good and bad. On the positive side, money is usually not an issue. However money can’t buy you everything.
On Friday, I attended a preview of Saturday’s US Marshalls Auction of Ruth and Bernie Madoff items. I walked around the warehouse in the Brooklyn Navy Yard. My first impression was excess. There were more clothes than any human being could wear in a life time. Hundreds each of shirts, shoes and other items, many that have never been worn. There were Rolex’s and Patek’s watches, which was the reason I came down there in the first place. However, looking around at this place, I started to get a strange feeling, one of which brought me back to earth. I thought why would anyone need so much. What benefit did his greed have. He was a wealthy man before his Ponzi scheme. I remember hearing once, the more money, the more toys. I have to say it’s nice to treat yourself, but I seen people in the last few years become overwhelmed with “keeping up with the Jones” and others just keeping themselves afloat. I have to admit, at times I can get caught in the moment. It’s moments like this that keep me grounded.
Another encounter with a friend with also on my mind. He’s a regular guy, trying to keep the family afloat, working in his own business. He has hospital bills, kids college and other things many of us don’t think about that he has to pay. He came to me asking for help, which I did. It was hard for him to ask, but I’m glad he did. It felt better that any purchase I’ve ever made.
Yesterday when the auction ended. I decided not to but anything. I had one less toy, and but one big smile.
That was really nice of you. I’m sure he appreciated you helping him. Keep on reflecting because time is too short and nothing is promised to us. Money can be here one day and gone the next. So keep yourself grounded and humble and be content with substance and coverings and happiness will always be yours.
@ ferg. Thank you for comment.
poor bernie madoff. now he only has one shirt.
Way to keep your eyes open and stay grounded Larry. There’s a lot of fortunate people in this business and living in the domainer bubble, working at home sometimes shelters us from the simple realities that others face on a daily basis.
Great post Larry and excellent points – always good to appreciate the things we have.
You did the right thing for your friend – I did the same thing for a good friend two years ago and I’d do it again in a heartbeat!
Enjoy the rest of your weekend!
@Adam
@Morgan
If I am able to instill those values in my kids, then I will feel like a true success.
It is truly remarkable to spend money to people that needed it the most. Nice post you have here.