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Tractor Talk Discussion Board

Wall St Bonus--second view


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Posted by by chance on March 21, 2008 at 19:21:06 from (67.142.130.46):

I probably shouldn't reply to the earlier "bonus" post but the amount of effort, intellect and sacrifice to obtain one of these bonuses involves a price few of us would likely be willing to pay. One doesn't just show up nine to five and walk home with the bank. First, you have to be one of the best and brightest established from an early age. While the boys are playing football your pursuit is your studies.

Then degrees and work--60 or 80 hours a week and phone calls at midnight or conference calls at five AM. And the client is someone YOU find and YOU develop. They don't fall from the sky. One has to have the physical stamina and mental ability to out-fox the other foxes trying to take your scalp. Blood pressure is 185/130, cholesterol 325 and Easter or Christmas just another day on the job. There are NO vacations.
Family? No time to have a normal relationship and if one does the pressure is so great the divorce is a relief. No one wants to be around the killer attitude required. And in most case you work all year for a pittance with the "bonus" being neither for sure even promised. It depends on how well you overtake the other guy and how much profit your return for your usually publicly-held firm. Rent is $3,000 a month and job expectation expenses maybe $75,000 a year on top. Want that?

I will say many of those trapped in such an arrangement pine for the chance to breathe clean air and tinker with a planter. But they have neither the skills or prerequisite of lineage in agriculture. They actually envy the guys on this board.
From an investment perspective there are many private small town investors/farmers/housewives that turned $20,000 1970 dollars into a million 2007 dollars in a mutual fund any one of us could have bought. One just had to be willing to take the risk.
Capitalism means that any of us has the potential to choose such a path in life. Socialism means the path is chosen for us. You couldn't pay me to be one of the big-buck guys but I'm glad someone is to add to mine and the US standard of living and world competitiveness.
It allows us to pay baseball players--it is a game after all--$30 million and allows sufficient development to price some small farms in the millions. We are all blessed in this land and thank God I'm a country boy. Were it not for the above efforts, one's tractor might likely be a Belarus and planter a JD 290 wire-set from the '50's.
Don't fall for the "envy" trap that causes us to be jealous of our neighbor and vote for those who cheat the public while promising things that cannot be delivered. Stand tall.


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