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.