Piedmont Street Management: Registered Investment Adviser
85 Piedmont Street
San Francisco, CA 94117
(415) 731-2944
JimEyres@pstmgt.com
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A Personal Affair -
the Pursuit of Happiness

"... Which seems to me to highlight one of the internal contradictions common to us all. One of our fondest wishes, deepest desires, is the desire for happiness. It is right there in the American trinity, "Life, liberty and the pursuit of happiness." Call it what you will, call it peace of mind, general sense of well-being, contentment with life, feeling great, we all want it. Not one of us wants to live out our days in misery. Nothing wrong with that.

But at the same time we resist with all our might the age-old truth about happiness, the truth that it cannot be found in a new bicycle, a wrist watch, or one hundred dollars, or a hundred million. Material things do not buy happiness. Seneca, a Roman philosopher and contemporary of Jesus said, "Our forefathers lived every jot as well as we, when they provided and dressed their own meat with their own hands, lodged upon the ground and were not as yet come to the vanity of gold and gems... which may serve to show us, that it is the mind, and not the sum that makes any person rich... No one can be poor that has enough, nor rich that covets more than he has."

Dr. David Myers, research psychologist at Hope College, Holland, Michigan has just published a fascinating study entitled, what else, The Pursuit of Happiness. One of the conclusions of the study - except for the very bottom of the ladder, the truly destitute, there is simply no correlation between wealth and happiness."

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