Friday, July 13, 2007

The Story of Ug

Know your Money
The Story Of Ug
Once upon a time there was a poor caveman named Ug. He was poor because he didn't know how to count past 5.You see, Ug's counting ability was limited o counting on the fingers of one hand. For any number bigger than 5, he ran out of fingers and he just said there were many. Ug thought that his system was just great- easy and not too much thinking.

There were times, though, when he had an inkling that not being able to count higher was costing him something. Even though poor Ug couldn't count past 5, he was an excellent fisherman. He was hardworking and patient and almost everyday he caught 20 to 30 fish. Ug's neighbor, Slik, wasn't nearly as good a fisherman; he only caught six or seven fish per day. But Slik did know how to count!

This evening as every evening after the day's fishing, Slik showed up at the entrance to Ug's cave holding six fish. He always timed his appearance to be there just as Ug came back from the lake with his big string of fish.
" Many for many," offered Slik. " Fair trade."

Poor Ug made the same deal with Slik every day of his working life. He couldn't figure out why he and his wife, Nag, and his son, Ig, were always feeling hungry. After all, they had " many" fish to eat, just like Slik's family, who always seemed to be fat and contented. Poor Ug suspected that the problem might have something to do with counting past " many". He was never able to figure it out until his dying day, which came quite a bit earlier than it should have because of malnutrition.

" Fair trade," said Ug, handing over 27 fish and accepting 6 fish in return.
Poor Ug made the same deal with Slik every day of his working life. He couldn't figure out why he and his wife, Nag, and his son, Ig, were always feeling hungry. After all, they had " many" fish to eat, just like Slik's family, who always seemed to be fat and contented. Poor Ug suspected that the problem might have something to do with counting past " many". He was never able to figure it out until his dying day, which came quite a bit earlier than it should have because of malnutrition.

All the Math You Need you Need to Get Rich- Thinking numbers for Financial Success, Robert L. Hershey Open Court Publishing Company, 2002
Lessons- Know your money
- Think with both sides of the brain when dealing with money

Quote; Rule No.1: Never Lose Money
Rule No. 2: Never forget Rule No.1

~ Warren Buffet~

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