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Paper Bag Possessions

At a testimonial dinner in his honour, a wealthy businessman gave an emotional speech.

“When I came to this city 50 years ago,” he said, “I had no car, my only suit was on my back, the soles of my shoes were worn out, and I carried all my possessions in a paper bag.”

After dinner, a young man nervously approached him.
 
“Sir, I really admire your accomplishments. Tell me, after all these years, do you still remember what you carried in that paper bag?”

“Sure, son,” he said. “I had $300,000 in cash and $500,000 in negotiable securities.”



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