Friday, May 18, 2012
The Torah's way to getting some stock @ Facebook
How much is your Facebook account worth? Based on the initial public offering of $38 a share, which values FB at $104 billion - each of the 900 million profiles is worth about $115. Investors, naturally, buy for the long-term (never for a fast buck!), betting that in the future, the company's value will only grow. But what if the future is a bumpy one? Well for starters, Mr Zuckerberg (not yet a Saatchi member) is cutting his salary to just one dollar a year. So that might help. But this week we read some of the Torah’s thoughts on a safe economy. First there is the Shemitah, or Sabbatical y ear, during which no work is to be done in the land and all produce is free for all to take. No work. No income. "You may sow your field for six years, and for six years you may prune your vineyard, and gather in its produce, But in the seventh year, the land shall have a complete rest..you shall not sow your field, nor shall you prune your vineyard." But how can you survive without income, without the fruits of your wineyard?
Posted by Mendel Cohen at 8:13 AM