The following is what a women posted on a dating forum
seeking a rich husband:
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 $500k annual salary or above. You
might say that I’m greedy, but an annual salary of $1M 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 $500k 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 $250k 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(?), $250k 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 riches 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)
Ms. Pretty
A philosophical reply from CEO of J.P. Morgan below
:
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 $500k, 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 $500k 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 $500k annual income.This has better chance
than finding a rich fool.
Hope this reply helps.
signed, J.P. Morgan CEO |
