Tag Ecclesiastes

A Hot Take on Hot Takes?

Todd R 3 Comments

Of the millions (or billions? Trillions?) of new things published on the internet every day, a lot of it falls into the category of a “hot take,” defined by Merriam-Webster as “a quickly produced, strongly worded, and often deliberately provocative or sensational opinion or reaction (as in response to current news).”  I have to admit I sometimes get jealous when I see the amount of attention this stuff gets (and feel guilty when I click on it and read it).

In many of these hot takes, the writer is stating an opinion about the future, but of course nobody knows the future.  Can wisdom be based on knowledge of the future?  The author of Ecclesiastes seems to say no:

“A fool multiplies words,
            though no man knows what is to be,
            and who can tell him what will be after him?”[1]

Since “no man knows what is to be,” it would seem that “I don’t know the future” is a better starting point for wisdom than “I have a strong opinion about what’s going to happen next.”  Talking a lot about something where the starting point is wrong is foolish.  Unfortunately, it’s the best way to get attention and make money online in our modern culture.  Wisdom is out of style.

How much time and effort is put into predicting sports, politics, and many other things with no evaluation of accuracy or value?  Imagine if people on the internet were held to the standard Old Testament prophets were supposed to be held to: “But the prophet who presumes to speak a word in my name that I have not commanded him to speak, or who speaks in the name of other gods, that same prophet shall die.’  And if you say in your heart, ‘How may we know the word that the LORD has not spoken?’— when a prophet speaks in the name of the LORD, if the word does not come to pass or come true, that is a word that the LORD has not spoken; the prophet has spoken it presumptuously. You need not be afraid of him.” (Deuteronomy 18:20-22)

Nowadays we hardly keep track of whether people’s opinions and predictions are right or wrong.  We just enjoy tossing entertaining opinions around.  We prefer provocative and interesting over correct and useful, or wise.  Jimmy Wales, the founder of Wikipedia, made a great point when he said: “The news media has decided that the way to arrive at neutrality is to put two opposing voices together and let them yell at each other.”  That’s entertainment, I guess.

Anyway, you won’t see many “hot takes” here, and I’ll just have to be satisfied with fewer clicks and follows.

To do otherwise would be foolish according to Ecclesiastes, which was written with the assistance of Someone who does know the future.

(PS. This post was “quickly produced”)

[1] Ecclesiastes 10:14

Being Content: A Quint of Quotes

Todd R 1 Comment

Dear fellow travelers,

Here is another “Quint of Quotes” from my collection on the theme of being content:

“It’s not having what you want, it’s wanting what you’ve got” – Sheryl Crow, musician

“We can but do our endeavor, and pray for a blessing, and then leave the success to God.” – Jeremy Taylor, English cleric (1613 – 1667)

“Show me someone who thinks that money buys happiness, and I’ll show you someone who has never had a lot of money.” -David Geffen, American billionaire

“He who loves money will not be satisfied with money, nor he who loves wealth with his income; this also is vanity.” – Ecclesiastes 5:10

“The only true happiness comes from squandering ourselves for a noble purpose.” -William Cowper, English Poet (1731 – 1800)

How to Avoid Being the “Greater Fool”

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My day job involves helping people save and invest for retirement, and every now and then it involves helping people avoid speculation.  What’s the difference between investment and speculation?  A short explanation is that speculation often means you’re trusting the “Greater fool theory” to make money.  According to Investopedia[1], “The greater fool theory states that you can make money from buying overvalued securities [stocks, bonds, currency, etc.] because there will usually be someone (i.e., a greater fool) who is willing to pay an even higher price.”  Another way to put it is that speculators buy things because they think someone else will later find them more valuable, whether they actually are or not.  Speculators seek to sell before others figure out that what they’re selling might be worthless.  Instead of trusting this, investors do some work to find out what something is worth and why it would be worth more later to someone else.

In an earlier post about saving for retirement, I noted that “Solomon did encourage us to invest for the future” but also “not to stress too much about what may or may not happen.”  So, this post is not about how to best invest for goals like college or retirement, but about how do we avoid ultimately being the greater fool?  The longer you extend the time frame – even beyond death and into eternity – any investment or speculation in this world looks very different.  In the words of Jim Elliot, an American missionary martyred in Ecuador: “He is no fool who gives what he cannot keep to gain that which he cannot lose.”  In eternity, much of what we now consider investment will look like foolish speculation.

Consider this excerpt from Ecclesiastes 2:18-21.  “I hated all my toil in which I toil under the sun, seeing that I must leave it to the man who will come after me, and who knows whether he will be wise or a fool?…sometimes a person who has toiled with wisdom and knowledge and skill must leave everything to be enjoyed by someone who did not toil for it. This also is vanity and a great evil.”

Solomon is cautioning against counting on things we can’t control, such as what will be done with our worldly goods after we’re gone.  If we agonize over accumulating goods, not only are we not satisfied, but do we also teach the next generation to overvalue things, rather than their Creator, thus making our efforts futile and foolish?  Even if our goods outlive us, can we hope that they help those who receive them more than they helped us?  Or is this just speculation?

As an alternative, Solomon says in 2:24: “There is nothing better for a person than that he should eat and drink and find enjoyment in his toil. This also, I saw, is from the hand of God, for apart from him who can eat or who can have enjoyment?”

Solomon argued that we can’t trust in goods to help our descendants – but what about the question of whether our goods will do us any good in eternity?  Can we trust goods to help us after we’re gone?  Jesus had this in mind in Mark 8:36, when He said: “For whoever would save his life will lose it, but whoever loses his life for my sake and the gospel’s will save it.  For what does it profit a man to gain the whole world and forfeit his soul?  For what can a man give in return for his soul?”

Jesus’ question is rhetorical, because we cannot offer any goods to God which are not already His: “The earth is the LORD’s and the fullness thereof, the world and those who dwell therein.”[2] Also, nobody else can pay the cost of our soul either, because they owe their own.

Jesus, the Greater Fool
If our souls are eternal, but we’ve spoiled them by speculating on the goods of this world, who is the greater fool who will pay for them?

Fortunately, the only One who can pay the cost of our souls is also the one who values them the most – even more than we do.  This One was willing to become a fool to the world to purchase the souls of His people.  This One has a soul that was not wasted on the things of this world; therefore, He can offer it for others if He chooses to.

Fortunately, this One is also the One who values every soul the most because as Creator, He loves His people.  An old proverb says, “a thing is worth only what someone else will pay for it.”  On the cross, this One paid His own life for you, because to Him you are worth it and His own life was the price He was willing to pay.

Jesus is this One and in eternity, the only way to avoid the “greater fool theory” is to give our lives to Him and follow His command to love Him and love our neighbor.  Then we will always have everything we need, and we will never lose it.  Even after death and into eternity.

“Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal.  For where your treasure is, there your heart will be also.” – Jesus, in Matthew 6:19-21

[1] https://www.investopedia.com/terms/g/greaterfooltheory.asp
[2] Psalm 24:1

The God of Intended Consequences

Todd R 1 Comment

Case studies, detailed write ups of real-life business situations, are a common teaching tool for business students.  From these examples, students are supposed to draw lessons for their own job and for management.  One case study I read covered Nordstrom; a large retailer famous for their strong customer service[1].  At the time studied in the case, Nordstrom had recently hired an up-and-coming manager with a strong track record and trusted him with a lot of power to run the business.  Since the purpose of a retailer is to sell things, management decided to pay every employee in every store more if they sell things.  Seemed to make sense.

However, there’s a thing called the “Law of Unintended Consequences,” or more simply, a lack of foresight.  In the Nordstrom case study, this Law led to disaster.  Employees stopped cleaning the store.  They stopped stocking shelves and organizing displays.  Customers couldn’t find what they wanted, but they were hounded by enthusiastic employees who were eager to sell them something (and get credit for it).  Instead of each employee doing what they specifically needed to do, they all swarmed around annoyed customers.

Photo by Viktor Bystrov on Unsplash

Not only did sales go down as a result, but Nordstrom damaged what had been its key strength of customer service.  This happened decades ago, and Nordstrom has recovered, but what an interesting story.  More recently, JC Penney had a similar disaster when they decided to back off their aggressive discounting strategy – the entire reason many people shopped there.  A lack of foresight can lead to disastrous unintended consequences.

Nordstrom’s problem was what economists call a “coordination problem,” where a group of people aren’t properly organized to achieve a goal.  Even if you have a theory that sales are the sole objective, making everyone focus on sales might not be the right way to coordinate.  As Yogi Berra apparently said: “In theory there’s no difference between theory and practice. But in practice, there is.”  Humans don’t usually behave the way theory says they will.

Ecclesiastes 3:9-11, titled “The God-Given Task” in my study Bible, says this:

“What gain has the worker from his toil?  I have seen the business that God has given to the children of man to be busy with.  He has made everything beautiful in its time. Also, he has put eternity into man’s heart, yet so that he cannot find out what God has done from the beginning to the end.”

The point is the scope of man’s awareness, in his business, or economically.  Man works, and sometimes it looks like pointless toil, and sometimes it is beautiful.  But, as an image-bearer of God, man knows there is more to it – eternity in his heart.  Therefore, we have some sense of a bigger picture, but the whole picture can’t be seen, only bits of it.

God on the other hand sees all, and nothing appears as unpredictable chaos to Him.  His foresight includes all future circumstances, and everything is predictable.  In the movie Jurassic Park, Jeff Goldblum’s character explains chaos by putting drops of water on the back of someone’s hand and saying there’s no way of knowing which direction the water will flow.  But, when God watches Jurassic Park, he knows exactly which way the water would go.  Every.  Single.  Time.  And not because He’s seen the movie before.  We look at water and see chaos, but God looks at it and says “Peace!  Be still!”

Proverbs 3:19 tells us:

“The LORD by wisdom founded the earth;
            by understanding He established the heavens;
 by His knowledge the deeps broke open,
            and the clouds drop down the dew.”

Because the world was created with wisdom (and not by accident), gravity does what it’s supposed to do, photosynthesis does what it’s supposed to do, and likewise with many “laws” of science.  God as omnipotent creator orchestrates all those laws of science how He wants, but in terms of people He has the same raw material as the managers of Nordstrom.

However, God doesn’t get blindsided by anything, including but not limited to:
People not doing what they’re told – He can, and does, include this in His plan.
Second- and third-order effects of rules, such as employees not stocking shelves.
Theory that might not apply in practice.

Managers of your company or organization don’t have perfect foresight.  They can’t be certain that their strategy is correct, and they probably don’t know what every employee does on a daily basis, but God is CEO of the entire universe knows all and has a personal relationship with every member of the “company” – and all its competitors.

He has a plan, and while He doesn’t tell us the entire plan, He “has put eternity into man’s heart” that we may learn to trust Him and know that everything will be fixed in the end.  Therefore, dedicate more of your time, treasure, and talent to God and see what happens.  He intends that there will eternally be good consequences, and when He intends something, it happens.  Guaranteed.

Our God is the God of Intended Consequences.

[1] I can’t find the case online or in my files so I’m going from memory here.  Forgive me if I go astray, or if you work at Nordstrom.

Thanksgiving is Good and Fitting

Todd R 1 Comment

Since 1942, the United States have celebrated a holiday for Thanksgiving on the fourth Thursday of every November.  For Christians the holiday is a time to remember the source of their blessings, regardless of how large or small those blessings seem.  In Ecclesiastes 5:18-19, the Preacher recommends celebrating and enjoying our material things, and recognizing God as the Giver of them all, including the work needed to produce and prepare them:

“Behold, what I have seen to be good and fitting is to eat and drink and find enjoyment in all the toil with which one toils under the sun the few days of his life that God has given him, for this is his lot. Everyone also to whom God has given wealth and possessions and power to enjoy them, and to accept his lot and rejoice in his toil—this is the gift of God.”

Photo by Pro Church Media on Unsplash

However, as the Preacher wrote, even those with good jobs and plentiful possessions may find it difficult to truly enjoy them.  It is “good and fitting”, but it is also “the gift of God” to find joy in the now instead of chasing things we don’t already have.  It does not come naturally.

For many, time and events make each Thanksgiving different.  The company around the table may have changed.  The meal may be different.  The means of providing the meal may be different.  The familiarity of tradition may have been shaken by the pandemic and other circumstances.  Much has changed, and much will change.

Therefore, focus on the Giver behind the gifts you have, and seek contentment with thankfulness that He has provided everything you need. For now, and in eternity.  You are in good company.