Ownership

Ownership can be a dangerous thing. The more desperate one is to hold on to the title, the more dangers lurk around the corner.

But being able to loosen the grip on ownership might warrant you a longer entitlement to the entity, with more desirable results.

Ask yourself this - How many times have you wanted something so badly it messed up your mind and pushed you further away from it?

I give you 1 example. Why do traders take away the investors' money and trade in securities? Why, to earn a capital profit off the investment of course. One could probably say a young trader does not have the capital to indulge in his own personal trading. But when his wealth is accumulated (which doesn't take long if he's good), why does he not leave the bank and do his own trading? The answer is easy. If he takes ownership of the entire trading process, he knows he could lose more than he earns. Well, of course if he uses his own money to trade (with no other sources of income), he could potentially bank in larger cheques.

So the idea is easy to see from here on. The closer an entity links to liquid cash, the more people shy ownership away from it. Take note though, I don't mean people shy away from cash, but rather they shy away from signing ownership on the linked entities.

You might say "that's untrue! why would people want to be businessmen if that was the case?!" But if you were a businessman plying goods around to earn profits, wouldn't you be happy to rid your entire stockpile in exchange for the price you deem reasonable on them? You would definitely take the cash over the goods.

The same goes for every other thing you hold close to you. Your wife, your kids, your house, your car. If you are unable to detach yourself from them sufficiently enough for nature to adhere them back to you, you risk losing them all. And people are greedy by nature. We'll fight to no end to more entitlements, but once attained, we'll shun them and shift to other objects of desire. So the lesson to be learnt is this - in order to keep something valuable to yourself, let go of it from time to time.

If your partner flirts with another person at a party, don't beat the guy/gal up. Smile to yourself about how lucky you are to have him/her, and keep yourself in tip-top condition so that they will come back to you.

I know some guys who play this game to their advantage. They tell the fish "hey look! you should be really good friends with that shark over there! he'll look after you and bring you food everyday!" And so the fish swims over to the shark. Shark bears its teeth and fish swims away in shock into your net. You then slowly reel the net in. No sweat. No hurry. Just a fish in the net.

So be smart! don't fall into these traps. Unless you want to fall into the net then you can pretend to dei gong and humour the fisherman by swimming to the shark just for the sake of it.