email from Kamalini Kanapathippillai.
This Pretty Girl Was Seeking A Rich
Husband. The Reply She Got From A Banker Was Priceless!
The
following is what a woman 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
