Winston Churchill

Kennon-Green & Co. Fiduciary Financial Advisor, Wealth Management, Global Value Investing

There is a great story about legendary British Prime Minister, Winston Churchill, that goes something like this:

Winston ChurchillAt a dinner party one night, a drunk Churchill asked an attractive woman whether she would sleep with him for five million pounds. “Oh my, Mr. Churchill … I suppose, but we would have to discuss the terms,” she responded.

“Would you sleep with me for five pounds?” Churchill then asked.

“Of course not!?  What kind of woman do you think I am?” the woman responded indignantly.

“Madam, we’ve already established what kind of woman you are,” said Churchill, “now we’re just negotiating the price.”

Unless you have things in your life for which you’d be willing to die, for which you would tear down your most valuable endeavors to protect, and give up all social standing, wealth, and power to retain, you haven’t really lived; your life has no meaning.

Each of us needs to decide what is for sale, either implicitly or explicitly, and what is reserved; those things that have no price tag and are not open to the outside world at any cost.  Are you willing to sell your time?  Your body?  Your mind?  Your honor?  Your integrity?  Your family’s legacy?  Your future?  Your reputation?  

How you answer that question will determine, to a large degree, what kind of man or woman you are.  Whatever happens, make sure it is something you choose of your own free will.  Don’t let society, your family, your friends, culture, or your employer determine the answer for you.