Tamil-Friends

The first diagnosis of folly is that the fool will not be able to assess the true value of men and material. May be he is attracted to extraneous and uncertain aspects and let himself to be relieved of gainful possessions in exchange to things devoid of much substance. I know someone who built a villa type house and did a good job of it. The house was neither far nor near the madly crowded town. All of a sudden he disposed it off and bought an apartment in the town. He reasoned out that with the surplus money resulting out of the deal he would buy a plot. And with the appreciation of the land cost going unabated he would make good sum in the shortest span of time which he would reinvest in a villa again. Everything happened as fondly hoped by him up to buying the flat and occupying it; nothing beyond, because the 'surplus' was not sufficient enough to buy the plot! After some time the surplus money disappeared whose cause is always a mystery for him! The best of American economic brains conceived the idea of sub prime lending to individuals with no credibility to kick start the economy. Our Indian friend aping a variation of the American model sold a prime property and ended up with a sub prime property! The following Kural makes the point.