Wednesday, December 31, 2008

If you find 10 crore one day…

Don’t ask me how. Assume that you did. Maybe you found diamond treasure in your backyard, or your long lost relative left you all his wealth, or may be one of those Nigerian scams actually paid. Also assume that you don’t have to be bothered about taxes, government share, your safety and money’s theft. You are rich and all is well with the world. With 10 crore rupees, you can live quite luxurious life at interest income of crore or so a year. Would you still want to work?

It seems everyone I ask this question says they would : having money is alright but life without work is just too much bore. All rich business tycoons also work despite there being no need for it. Why can’t Bill Gate sell his share in Microsoft and retire? In fact, one of the requirement of earning lots of money seems to be relatively less need to spend it and more need to earn still more. I guess not doing anything will bore the person to death. Of course, not doing means not doing productive work. People can still become couch potato, or travel the world, or buy all kinds of things that only money can buy. But that doesn’t count as work. Perhaps there is a need for having higher purpose to existence.

Problem is I think I could easily not do anything and be happy.

Breaking the Bias – Lessons from Bayesian Statistical Perspective

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