a bit of laugh + a by(i)te of sanity - tuesday 1st July 2008

Tuesday – 1^st July 2008

Paying in advance

A motorist, driving by a Texas ranch, hit and killed a calf that was crossing the road.

The driver went to the owner of the calf and explained what had happened.

He then asked what the animal was worth. "Oh, about $200 today," said the rancher.

"But in six years it would have been worth $900.

So $900 is what I'm out."

The motorist sat down and wrote out a check and handed it to the farmer.

"Here," he said, "is the check for $900.

It's postdated six years from now."

 

vasus musings

why not accept

what the present

presents now

why be avaricious  & demand

the potential future value now

only to end up loosing even

the net present value ?

 

why is man the only animal

that trades the present

for the future?

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