Tuesday, November 19, 2019

How to Lose Friends and Not Influence People

“He beat his wife to the point where her face was split open,” our friend told us at lunch.

“Then they called a private doctor who came over to the house to sew up his wife’s face.”

I was having a hard time picturing it.

“How do you know?” I asked.

“I spoke to the doctor. I spoke to the wife.”

At the time I was good friends with him and had been for five or so years. We had both helped each other out in various situations. Life-changing situations.

I didn’t understand what it meant, “her face was split open.” It all seemed unbelievable.

“When the doctor came over and saw the wife, she told the wife, ‘Either you leave him or I am telling everyone.'”

My friend was fairly well known and was up for a big position in government. This is why they had called the private doctor.

“The wife told her husband what the doctor said. He then called the doctor’s husband and using a fake voice, he said the doctor was cheating on him. He also used fake accounts at various online cafes around the city to post negative reviews of the doctor at her hospital. Then he called the doctor and said, ‘I am known to do things to people who try to harm me.'”

I couldn’t believe all of this. It seemed not true. And yet, my friend had no reason to lie to me.

I was with another friend of mine.

She was shocked. She often wrote articles about feminism and couldn’t believe that this person who she knew and trusted was so despicable.

I stopped talking to the guy. We had been in various email discussions and we often saw each other.

I immediately stopped responding to everything.

He even wrote me and said, “Why are you not responding?” He wrote me again, “Did I do something?? Why don’t you respond?”

But I never responded to that. I heard later he started trashing me behind my back afterwards but I didn’t care.

He got divorced. He had to withdraw from the job he was being considered for. He left another prominent and public-facing job.

I never spoke to him again.

A few months later, I ran into my friend who was with me when we first heard this story.

She told me she had been corresponding with the guy and he was helping her find a job.

“How can you let him help you? And you don’t need his help. You heard what Q. said about him.”

“But he’s always been loyal to me and I am a loyal friend. I want to be loyal back. He’s been good to me.”

“He hit on you while he was married and then he told his staff what he was going to do to you if he ever went out with you.”

“I don’t know if that’s true.”

“You’re the one who told me that!”

“Still,” she said, “he was good to me and gave me opportunities and I want to be loyal.”

“But how can you say you are a feminist? He beat his wife and then threatened the woman who sewed her up.”

“I can’t talk about this anymore.”

So my friend and I never spoke again.

To this day he says things about me behind my back. He’s very upset at me because I simply stopped talking to him.

Maybe I could’ve reacted better. Done something.

I hear the most insane stories all the time. Every day.

The world is a scary place when you peel just one layer away.

My father had a mental breakdown in 1988. I guess that’s what you call it.

He started crying all the time. In the middle of a grocery store. Out at lunch. While playing chess with me.

He would listen to music all day. For the last 17 years of his life, he was permanently depressed.

When I was a kid he told me the only important thing in business is to be honest. And then he went broke when he was ripped off by the people he was closest to.

I follow his advice.

I lose friends because of this advice. I say things people get upset about. And it’s hard to know what the truth is sometimes.

And then I don’t always know how to act on the truth. I do my best.

But still.

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Tuesday, November 12, 2019

Why Colleges Are Going Down the Drain: A True Story

FIRST… THE THREAT!

Her college sent this email to me and my daughter at the end of her second year.


Dear [X],

This in an IMPORTANT email reminding you of your debt to [ABCD College] in the amount of $16.92!

This amount is your damage fee you were assessed back in May.

It is VERY important that you submit payment in full as SOON as possible to insure your debt is not assessed further finance fees/late fees or WORSE… go off to a COLLECTION AGENCY the end of SEPTEMBER.

I would HATE for your debt to go off to a collection agency or ATTORNEY, which would cause you harm, so if you would like to call me and discuss possible payment plan arrangements I’m willing to help.

Please contact me ASAP!!


What? I thought. Cause her “harm”? Send to an attorney? Payment plan for $16.92?

A collection agency on my daughter? Would they really “hate” to do that?

Coincidentally, they had just called me the day before, asking for a donation.

What did she do?

So I wrote back, reminded them they asked me for a donation just the day before.

And I asked them what she damaged that cost $16.92. She would certainly pay.

I also reminded them of the $132,000 she had already paid for her education there and reminded them they should take that into account before threatening to ruin her credit.

They wrote back that they don’t know what the damage was and would ask the facilities department for a “detailed assessment.”

MY RESPONSE:


Dear [College]:

I look forward to seeing your detailed assessment.

At 5’1″ my daughter is known to cause quite a lot of damage wherever she goes.

I would keep in mind, though, your overall standards for sending out a communication like your earlier one demanding $16.92 “ASAP” or you would be forced to report her to an “attorney” or “collection agency.”

Those standards should take the following into account (my suggestions):

A) DONATION: You asked me for a donation yesterday
B) TUITION: She has spent $132,000–140,000 all in
C) HER OTHER OPTIONS: Your school has the same tuition as Harvard despite a faculty/student ratio of 9:1 versus 6:1 at Harvard.

Given you are spending less on education and facilities, your email underlines the question: WHAT ARE YOU SPENDING THE MONEY ON?

D) COMPARISONS: I took a similar college, with similar tuition, located close to you.

Franklin & Marshall College – average salary two years after graduation: $46,000.

Average salary two years after your school: $44,300.

The national median is $50,200.

Not that it’s all about the money but 70% of students say salary is their first consideration for post-college employment.

E) Your post college employment rate at 92% is also lower than the employment rate for adults WITHOUT A HIGH SCHOOL DEGREE (94.4%).

And there are no details, no documentation, no due process, and your messaging doesn’t seem aligned with your wish for more donations from me, etc.

Thanks very much,

-James Altucher


DAMAGES REVEALED!

They wrote back:


Mr. Altucher,

Your daughter was charged a community damage charge that included all students on her floor.

The microwave on the floor was damaged and needed to be replaced.

Her portion of the overall charge was $16.67.

Thank you,


I wrote:


Thanks for this.

Do you have the receipt?

By the way, you said $16.92 earlier and now $16.67. Why the difference?

When are you reporting this to an “attorney”?

She will pay.

Please see my prior email. Your note says you value all feedback. I look forward to hearing from you.

– James Altucher


The college wrote back:


Mr. Altucher,

Facilities Management lists their costs on the website. Below is a link to those prices.

[link]


I clicked on the link.

They charged her floor $250 for the microwave.

The average microwave on Amazon is about $60.

So I wrote, “Thanks,” and paid.

CONSEQUENCES:

This year she did NOT go back to college for her junior year.

She found a job related to her passion and also a valuable internship. She has made friends.

She refused to use my connections to get her a job.

She is using money from her job to get an apartment with roommates.

She is learning.

I am a very proud father.

The college has a brand new microwave.

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