Saturday, May 25, 2013

THIRD THOUGHTS


Third thoughts
                This story “Third Thoughts” is a humorous story written by E.V Lucas. The writer of the story had a friend. This story was told by his friend. He has such luck that he bought goods in the dearest market and sold at the cheapest. But he believed that he would be successful one day. When he was walking on the way to the Calhedral city, he reached old curio shop, where, his eyes went upon a portfolio of water-colored drawing. He asked dealer if it’s Turner’s painting or not. The dealer was not sure. However, the dealer sold him at ten shillings. Next week, when he took painting to London, he got it checked and it turned to be turner’s original. He sold it at 50 pounds making as unexpected handsome profit. He became very happy and excited. He decided to share half of profit to the dealer but he couldn’t get ticket in the post office. He went home, kept the letter and went to the bed. He woke up at about 3.30am and he pondered over his entire life. He took the ideas of sending half the profit as a mistake. So he decided to send only ten pounds. He again began to think about the dealer and realized that the dealer would be expecting same amount from other customers from the next days to come. Since other customers would not be like him, so they would not send gifts. If it happens the shopkeeper would live all the life with the false hope. So, he decided to send only 5 pounds. He again thought about his business and realized even 5pounds may anger the goddess of business. So, he decided to send only one pound. In the morning he dressed up and went the club for lunch. There people were playing cards. He also began to play cards and lost much money. At last he returned home without sending even one pound to the dealer.
                The psychological story shows the constant changing nature of human mind and business policy. The most important thing in the story is that in business buying and selling are straight forward dealings. It has nothings to do with human consideration, emotion, feeling, sympathy, faith don’t work in the business. Once, goods are sold or bought they have no obligation towards each other. The story also shows importance of patience and risk in business.
This story offers knowledge about business policy. However some ideas of the writer don’t seem convincing. Does any seller sell his good without knowing about it? How can the customer get turner’s painting in such a low price? Does anyone want to share profit with dealer? Does sentiment work in business?  Yet, at the end of this process, this story is interesting and informative which teaches one about business policies and dependence of luck in business.  
                After reading this humorous story, I now know importance of patience in business. This story taught about decision making. This story reminded me my own story. Few months back, I bought bangles for Rs. 200 when I visited my friend's house. She loved my bangles. She asked me to sell it to her and was ready to give any price. I charge Rs. 400 and never ever told anyone about this. She loves bangle and I am happy with profit and new sets of bangles.

Third Thoughts


                       Third thoughts
                This story ‘Third thoughts’ was written by E.V Lucas, England (1868-1938) this story is related to the often human seems to be weak about. This story tries to show the human psychological phenomena, relating to the storm of dilemma one faces within himself or herself when he/she has to take a decision.
                The story starts as a narration of the story told to the writer by his friend. It continues as his friend use to buy decorative materials and picture but sell those at cheaper price. Once while going through old shops he saw a water-color drawing possibly he thought to be a real painting Turner. So, he bought it at ten shillings from the seller. However, he found a purchaser for the drawing at fifty pound because it was a real Turner. It was now an unusual and astonishing profit of forty nine pounds the to him. So he began to think to share his profit with that dealer as a gratitude for so good profit. So he separated half of the proceeds to dealer as thanks. But because of no stamps he did not post this And went to bed. Struggling with his dilemma he lowered his gift to ten and to five pound and to one pound a by the time he post the letter. While going to post the cheque he found a place to play bridge and stopped to play. He spent all his money and finally even spent that one pound thinking its impractical to share profit with a dealer.
                This story may be trying to say that we are so tangles by the love of money that white it comes a matter of giving away money we think so many times, we rarely dare to give away money if we know it wasn't return with profit. Similarly it might be trying to show that when we go through dilemma of choosing among the options we may switch on from the former to the new one. And it is truly hard to switch on to a new and unique option from the a well –rooted attitude on a man. It also has shown the business policy all over the world. Everyone wants their loss and burdens to be shared but rarely anyone wants to share their profit.
                This story indeed portrays a good example about how a person can react when he is perplexed or has to decide certain things providing good moral that something we think ethical and morally true may be not always practical. Here in the figure some points are thinkable. Can there be a man who’s nature is to buy good at dearest cost and sell at cheap price as the friend of the narrator. If he really had sent those half of the proceeds that night would be.
                After reading this story I came to know that to know is a different matter and doing after knowing is a different matter. Our mind can evaluate a lot of things. So it often is unstable. Once even I was in a great dilemmas of joining a job offered. To me I was perplexed for a whole week weighing important of job for me. At one side, I started thinking to accept the job. But for the whole week I was puzzled either to join or not. So, many thought pondered. Sometime I thought to join but at last I decided not to. This story reminded me that incident 

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