This is how he replied to a pretty lady seeking marriage based on income.
Have fun.
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| Lesson to be Learned |
I’m going to be honest
of what I’m going to say here.
I’m 25 this year. I’m
very pretty, have style and good taste.
I wish to marry a guy
with $500 k annual salary or above.
You might say that I’m
greedy, but an annual salary of $1 M is considered only as middle class in New
York.
My requirement is not
high. Is there anyone in this forum who has an income of $500 k annual salary?
Are you all married?
I wanted to ask: what
should I do to marry rich persons like you?
Among those I’ve dated,
the richest is $250 k annual income, and it seems that this is my upper limit.
If someone is going to
move into high cost residential area on the west of New York City Garden,
$250 k annual income is not enough.
I’m here humbly to ask a
few questions:
1) Where do most rich
bachelors hang out? (Please list down the names and addresses of bars,
restaurant, gym)
2) Which age group
should I target?
3) Why most wives of the
richest are only average-looking? I’ve met a few girls who don’t have looks and
are not interesting, but they are able to marry rich guys.
4) How do you decide who
can be your wife, and who can only be your girlfriend?
(my target now is to get
married)
Signed,
Ms.
Pretty
A
philosophical reply from CEO of J.P. Morgan (or someone who signed off as him):
Dear
Ms. Pretty,
I have read your post
with great interest. Guess there are lots of girls out there who have similar
questions like yours. Please allow me to analyse your situation as a
professional investor.
My annual income is more
than $500 k, which meets your requirement, so I hope everyone believes that I’m
not wasting time here.
From the standpoint of a
business person, it is a bad decision to marry you. The answer is very simple,
so let me explain.
Put the details aside,
what you’re trying to do is an exchange of “beauty” and “money” : Person A
provides beauty, and Person B pays for it, fair and square.
However, there’s a deadly
problem here, your beauty will fade, but my money will not be gone without any
good reason. The fact is, my income might increase from year to year, but you
can’t be prettier year after year.
Hence from the viewpoint
of economics, I am an appreciation asset, and you are a depreciation asset.
It’s not just normal depreciation, but exponential depreciation. If that is
your only asset, your value will be much worse 10 years later.
By the terms we use in
Wall Street, every trading has a position, dating with you is also a “trading
position”.
If the trade value
dropped we will sell it and it is not a good idea to keep it for long term -
same goes with the marriage that you wanted. It might be cruel to say this, but
in order to make a wiser decision any assets with great depreciation value will
be sold or “leased”.
Anyone with over $500 k
annual income is not a fool; we would only date you, but will not marry you. I
would advice that you forget looking for any clues to marry a rich guy. And by
the way, you could make yourself to become a rich person with $500 k annual
income.This has better chance than finding a rich fool.
Hope this reply helps.
Signed,
J.P.
Morgan CEO
