28 September 2008

PRUDENCE

Looking at the current meltdown at the Wall Street I could not but remember about the Economic and Financial Crisis that hit our country and the whole of Southeast Asia in 1997.

I remember the friends irrespective of race in the corporate world including myself that were affected in the economic turmoil and meltdown at the Kuala Lumpur Stock Exchange .

From then onwards I have always reminded my children of the need to be prudent at all times.

Today I would like to share with my readers one quotation that I have always remembered since 1997:

"Money is never spent to so much advantage as when you have been cheated out of it;
for at one stroke you have purchased prudence"

Arthur Schopenhauer
(1788-1860)

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