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To: Glenn D. Rudolph who wrote (45036)3/10/1999 12:17:00 PM
From: Jay8088  Read Replies (2) | Respond to of 164684
 
Thanks Glenn. But it did teach me an important lesson. I was and had been most of my adult life, pretty obsessed with financial success. This 'mother of all disaster' (personally speaking, of course) taught me that it is a false goal. I must emphasize that word, false - false, false, false. I think such obsession with becoming rich is exactly what is called 'love of money as being the root of all kinds of evil'.

I think I am a better person because I now gave it up unconditionally. It was the number one concern of mine in day to day life (of course, I would deny it outwardly as I consider myself a Christian.) Now I have given that up (unconditionally, thank God), I seemed to have more time to other things - like pursuing my hobbies, etc. Of course it would be materially easier had I not lost the money - like buying new cars, etc. However, I think, had I built up my account to seven figures, I would be trying to build up higher to eight figures! Spending was not my real goal. Personal ego and personal affirmation through wealth was. Maybe there is something really wrong with that kind of obsession.

Anyhow I hope people learn something from my painful experience. if not anything, at least be careful about shorting Net mania stocks....