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THE CORNERSTONE EAGLE
June 2015 Edition
Cornerstone International Group’s MISSION is to be the best executive recruiting group worldwide, but
our VISION is to be a true mentor and coach, one‐on‐one, with our clients, candidates and partners
locally.
We believe the way to do it is to promote our 3C VALUES of Community, Credibility, and Continuity. The
Cornerstone Eagle is not a sales letter to promote activities of our 60+ offices globally, but a 3C tool to
inspire you to maximize your personal and professional potential to be a Better Leader and a Better Person
both at home and at business.
We shall be your Faithful Companion / Coach / Mentor on your life and career journey, supporting you to
discover yourself and offering good advice regarding the SIX important aspects of your professional Life:
Identity, Money, Career Options, Health, Relationships and Your Future (spiritual & your legacy reminders).
In this issue, we share about 'The True Value of Money' and with some provocative dimensions. We pray
that these powerful wings of the Eagle shall continue to enable you to soar to new heights.
Best Wishes
Simon Wan
Chief Executive
Cornerstone International Group
Phone No.: +86 21 6474 7064 |: simon‐wan@cornerstone‐group.com
'Achieve More With Cornerstone'™
. More about us is at http://www.cornerstone‐group.com/news/ and
http://www.cornerstone‐group.com/press‐releases/
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THE TRUE VALUE OF MONEY
Winning the lottery
Publicly operated lotteries exist in more than 100 countries. In
a recent year, lottery ticket sales totaled more than US$85
billion in just the US and Canada, only part of the total sales
worldwide. The lure of huge jackpots has created a mindset
among many that all of life’s problems would be solved “if I won
the lottery.”
There is nothing wrong with wealth in itself, but it has the power to deceive us into thinking that money is
the answer to all our needs.
Is Money Important?
Most of us would agree that money is an important aspect of
our life. Money enables us to live through each day in terms
of shelter, food and clothing – our basic needs. Money also
enables us to see our children through education, and as
parents we would do our best to give them a bright future,
and hopefully a life that is better than our own. Money
enables us to look after aging parents and provide security
and comfort in the autumn of their years. Money as well
gives us the treats of bigger houses and more luxurious cars,
and holidays or visiting family and friends that live in far
distant lands. When illness befalls, money is also able to
ensure better if not the best treatment and care that are
available. For many of us, we spend most of our waking
hours at work, and that labour is to build successful careers
and earning money.
However, in real life, money cannot buy some of the most valuable things. They include happiness, love,
life, peace of mind, trust, credibility, forgiveness, time and the list goes on. Sometimes, in the pursuit of
money, we trade‐in and lose some of these valuable treasures until it is too late.
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Assessing the True Value of Money
Those of us that invest a great deal of time managing
our finances may think we know the answer to the
question “how much is money worth?” While it is a
complex topic, we think we have a straight forward,
quantitative, clear‐cut answer which involves
exchange rates and currencies and inflation and the
passing of time. We pull out our calculators and let
the numbers do the talking.
But there is another way to look at how much money
is worth that does not involve numbers or currency
conversions. We are speaking here about the
qualitative side of the coin and where finance fits into your value system and life goals.
It is true that people can easily become consumed by greed, or the desire to make or horde large sums of
money. We see examples of this everyday in the news as scandals ranging from small and local up to
national and corporate indicate the lengths people will sometimes go to just for some extra cash.
But maybe there is another way to view the topic. Saying “how much is money worth?” suggests that
placing a personal value on finance is a bad thing. Certainly everyone needs to make their own decisions
when it comes to values, but perhaps it is worth arguing that taking a vested interest in managing your
finances can be a path to doing great things, not just a manifestation of greed.
Here is some food for thought. On a personal level, by managing your finances properly you are setting
yourself and your family up for financial security. Should a friend or family member face an emergency
(such as unexpected unemployment or the need for expensive medical treatment), you may also be able to
help them out – which is a powerful, positive impact you can have on a loved one’s life.
Once your own finances are in order, you may even be able to extend your influence and investigate
philanthropic initiatives. Whether this means setting up a scholarship fund, lobbying for a particular cause
or making a donation, you get to pick a cause that is important to you and help ensure its security for the
future.
As a result, while it is only money and it is not something most of us want to become consumed by, it is
worth considering the true worth of a dollar and where it fits in with the things we really value.
When You Are Rich Like Warren Buffett
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There was a one‐hour interview on CNBC with Warren Buffett, the
second richest man, who has donated $31 billion to charity. Here are
some very interesting aspects of his life:
1) He bought his first share at age 11 and he now regrets that he
started too late!
2) He bought a small farm at age 14 with savings from delivering
newspapers.
3) He still lives in the same small 3 bedroom house in mid‐town
Omaha, which he bought after he got married over 50 years ago. He
says that he has everything he needs in that house. His house does
not have a perimeter wall or a fence.
4) He drives his own car everywhere and does not have a driver or security people around him.
5) He never travels by private jet, although he owns the world's largest private jet company.
6) His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs
of these companies, giving them goals for the year. He never holds meetings or calls them on a regular
basis.
7) He has given his CEO's only two rules. Rule number 1: Do not lose any of your shareholder's money. Rule
number 2: Do not forget rule number 1.
8) He does not socialize with the high society crowd. His favourite activity after he gets home is to make
himself some pop corn and watch television.
9) Bill Gates, the world's richest man met him for the first time over five years ago. Bill Gates did not think
he had anything in common with Warren Buffett. So he had scheduled his meeting only for half hour. But
when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffett.
10) Warren Buffett does not carry a cell phone, nor has a computer on his desk.
11) His advice to young people: Stay away from credit cards and invest in yourself.
Amazing individual indeed!!
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The Bible
1 Timothy: 6‐10
“For the love of money is a root of all kinds of evil. Some
people, eager for money, have wandered from the faith and
pierced themselves with many griefs.”
This verse is so often misquoted. Money is not evil. The love
of it is. Having a million in your bank account does not mean
that you love it. Having $5 in your account does not prove
that you do not.
For example, Warren Buffett has billions in his accounts, but
he is giving almost all of it away to benefit the lives of others.
On the other hand, there are stories of people getting killed over a matter of $20. It is a matter of the heart
that only God can judge.
Our Editor, Nancy Chu at nancy‐chu@cornerstone‐group.com would love to hear from you if you have
special thoughts to share.
About Cornerstone International Group
Cornerstone International Group is a global member of the Association of Executive Search and Leadership
Consultants (AESC) and we are committed to the highest professional practices, acting in the best interests
of our clients, candidates, the community‐at‐large and our profession. Cornerstone International Group
was founded 25 years ago and with 70 offices in key cities around the world. Awards received around the
world & in China includes 'Most Trusted China Recruitment Firm 2015'; 'China Recruitment Firm of the Year'
& 'Trustworthy HR Unit'. Our process is INTEGRITY based, RESULTS driven and SATISFACTION guaranteed.
Visit us at www.cornerstone‐group.com to see why you can 'Achieve More With Cornerstone'™