Greed is good or bad?

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Gordon Gekko popularised the phrase Greed is Good when he said, “greed, for lack of a better word, is good” in the 1987 film Wall Street.

Many people have lapped on this phrase, and a few justify their greed for money by giving this example. Human beings naturally get affected by greed and fear. Depending on person to person, the degree matters. Some people are extremely blatantly greedy on one extreme, and a minuscule number don’t get influenced by greed for money. The majority of people lie in the middle of these two extremes.

How much greed is good? To me, the greed that doesn’t make you a selfish jerk, impatient, and keeps you sane enough to follow your duties with moral righteousness is good.

The problem is that many people can’t handle themselves when they are exposed to situations that pander to their greed and fear. They will not think twice before demeaning their partners, manipulating situations, destroying relationships, and breaking promises.

What I have learned in my life is that money comes to those and is enjoyed by those who deserve it. Those who don’t deserve it often lead a miserable life, even when they get money and end up losing it at some point in life.

If you want to be wealthy, your endeavour should be to become deserving enough to get the wealth and be able to enjoy the freedom it brings to you.

To become deserving of such a state, one must be authentic, sincere, hard working, patient, competent, and most importantly, kind. I have been fortunate to meet a few such people in my life, and they have inspired me the most.

To be successful in life and in investments, having a balanced head in all sorts of situations is a blessing. To achieve this, self-reflection and meditation help tremendously.

Originally posted on LinkedIn: www.linkedin.com/sumitduseja

Truemind Capital is a SEBI Registered Investment Management & Personal Finance Advisory platform. You can write to us at connect@truemindcapital.com or call us at 9999505324.