When I was a child in Act 1 of the play of life, "Terrific," my parents, friends and teachers showed me the ways of this world. However, their views were not as interesting to me as the views of the elders, my grandfathers. As my grandfathers' perspectives were from the end of days, Act 3, I felt the light they projected from their position to mine would best show me the way forward. My paternal grandfather came from Leipzig, Germany. He, my grandmother and father escaped to Israel in 1938, just before all roads out of Germany closed to Jews. My grandfather was a successful businessman in the printing business in Germany and the envelope manufacturing business in Israel. Yet, after 18 years in Israel, my father, who worked for my grandfather and had married my mother in 1950, yearned for the economic opportunities he envisioned in America. So in 1956, when I was 6 and my sister was 2, we moved with my grandparents to Brooklyn, N.Y. My grandfather opposed moving to America. Before leaving Israel, he told my mother to take a long deep look at the comforts she had in Israel because it would be a long time before she would have those comforts in America. He was right. My family arrived in America during a recession and struggled for several years. My grandfather went through many ups and downs in life. However, with his ability to see situations from many different perspectives, he always found creative solutions to whatever problems arose. Moreover, he always found a perspective that made a situation funny and was always grateful as every situation could have always be worse. This was the foundation of his happiness. His was the attitude that I naturally adopted. My maternal grandfather was a dry goods store owner in Haifa, Israel. His approach to life was to enjoy the physical pleasures of life; eating, talking and sex. However, as his lifestyle took its toll, in his last years, he was overweight, diabetic and unsteady on his feet. That taught me that getting fat is just deserts for eating just desserts. While he would likely have been in better shape had he restrained his desires, in his last days he felt the pleasures he realized were greater than their costs. He too was happy. Enjoy the physical pleasures of life is what I learned from his life. My grandfathers made clear my way; to physically enjoy life and realize my potential by making the best of every situation. That describes my life in Act 2. While my grandfathers would likely not have approved many of the choices I made on the way to where I am now, a grandfather in Act 3, their light guided my way on a happy life which is all my grandfathers would have hoped. Moreover, now that I'm in Act 3, the transition, I'm no longer interested in the views of elders. I'm drawn to the energy of those younger; especially my grandchildren. They are closer to where I'm going than I am. Maybe they can reflect the light from which they come to guide me to where I'm going....

The definition of "expensive" is costly. It's etymology is Late Latin expensa, "disbursement, outlay." However, perhaps the root of expensive is simply things people buy without (ex) thinking (pensive) about price. Only without thinking about price, one easily buys an off-the-rack Kiton sports jacket ($9,995) at Neiman Marcus instead of an equally functional jacket at Men's Warehouse for $100. That’s what the Emperor does if the emperor has no clothes. Those who buy expensive jewelry are schmucks. Schmuck is the German word for jewelry....

"I make the most of all that comes and the least of all that goes." All that's now is now no longer. What is gone doesn't exist. All there is is what comes next with which we can just do our best....

"Like Bernie Madoff made off with the money, Sam Bankman-Fried will be a bankman fried." In German, a digraph (two letters together that spell one sound) made of two vowels is pronounced as the second vowel. Thus, "Fried" is pronounced as "freed." In English, only the first vowel is pronounced. Thus,  "Fried" is pronounced as "fried." In Germany, which is not as punitive as the U.S., Sam Bankman-Fried, if found guilty, would likely be "freed" after a handful of years in prison. In the U.S., he would be "fried," imprisoned for a couple of decades....

Dear Subscriber, As we come to the the third anniversary of our blog, I, your humble narrator, thank you for your presence, accepting the blog's presents which I'm happy to deliver. However, I wonder, as I rarely receive comments on the posts but from a few people, whether many in our small audience of subscribers are finding the blog entertaining or otherwise worthwhile. My aim is that at least one person gets something out of it; otherwise, why continue with it. But, I may be hedged as I thoroughly enjoy it. Always and all ways, Victor Teicher...

"Formal [college] education will make you a living; self-education will make you a fortune." A college education reduces the risk of winding up with a low paying job. Those who are self-educated are precluded from most well paying jobs; hence, they can take a low paying job or try their luck with self-employment where there's a chance they make it big or lose whatever they had. Clearly, the self-education route is risky. Risk taking is a key to making a fortune. A formal education is a reactive process as students strive to come up with what their teachers have determined are the conventionally "right" answers. Essentially, successful students excel at conformity of thought, not at creative thinking, which limits their ability to create exceptional value in the confines of a large organization. Self-education is proactive, motivated by having more questions than answers and characterized by independent thinking which ultimately can lead to discovering new, better or cheaper ways of doing things. Buddha and Christ had no gurus....

"Tragedy is just comedy that hasn't come to fruition. One day we will laugh at this. We will laugh at everything." "Everyone is a comedy. If people are laughing at you they just don't understand the joke that is themselves." Life is a play, "Terrific." The play is our journey in life. It starts as a tragedy and ends as a farce. When we get scripted out of the play, we join the gods in the audience for whom the play of human follies provides entertainment. Those who realize this truth have a wonderful journey; forever, whether on stage or in the audience. For those who don't, life is a mix of good and bad roles in the play and eventually they die....

"A rich man is nothing but a poor man with money." A funny line because we have mental associations and make generalizations about the rich which bear little truth regarding an individual who happens to be rich. The undoubtable truth is that the rich man is simply a man who has money. When the truth is revealed and we realize our mental constructs are illusionary is the essence of something funny. Being rich is a matter of money, but otherwise it's meaningless. Any inferences made based on someone having money is poor judgement. Good judgement is more valuable than money. Money comes and goes. Good judgement doesn't necessarily assure money coming, but it's helpful in keeping it from going. Poor judgement and good luck can bring great wealth, as in heavily playing the lottery and winning. Good judgement, unlike poor judgement, more likely assures our basic needs of food, shelter, security and health. Once our basic needs are met, we are absolutely rich. Realizing this truth is good judgement. When we are absolutely rich but perceive ourselves as poor relative to others, we will always be poor because we have poor judgement....

Some years back, when one of my children passed puberty, one day they called me "Victor." It sounded odd, but that's a way some children assert themselves. I laughed at what some might take as disrespectful and said: "You can call me whatever you wish but if you cease calling me "father" I might forget I'm your father and you might not like the consequences of having our relationship like that I have with others whom I equally love but who aren't in my will." They never again called me "Victor," but that might be because I would not have recognized them if they had....