Just as today, genuine business opportunities existed 85 years ago; and
Just as today, people pondered and hesitated; and
Just as today, people lost opportunity.
The following was published in Farm and Land Magazine in 1917:
I hesitate to make a list
Of all the countless deals I’ve missed.
Bonanzas that were in my grip-
I watched through my fingers slip:
The windfalls which I should have bought
Were lost because I over thought:
I thought of this, I thought of that,
I could have sworn I smelled a rat.
And while I thought things over twice
Another grabbed them at the price.
It seems I always hesitate,
Then make up my mind much too late.
A very cautious man am I
And that is why I never buy.
How Nassau and how Suffolk grew!
North Jersey! Staten Island too!
When others culled those sprawling farms
and welcomed deals with open arms-
A corner here, ten acres there,
Compounding values year by year,
I chose to think and as I thought,
They bought the deals I should have bought.
The golden chances I had then
Are lost and will not come again.
Today I cannot be enticed
For everything’s so overpriced.
The deals of yesteryear are dead:
The market’s soft-and so’s my head.
Last night I had a fearful dream
I know I wakened with a scream:
Some men approached my bed-
For trinkets on the barrel head
(In dollar bills worth twenty-four
And nothing less and nothing more)
They’d sell Manhattan Isle to me,
The most I’d go was twenty-three
Those men scowled: “Not on a bet!”
And sold to Peter Minuit.
At times a tear drop drowns my eye
For deals I had but did not buy:
And now life’s saddest words I pen
“If only I’d invested then!”
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The fastest growing mega-city in the world… Lagos, Nigeria by Mariana von Zeller for CurrentTV
A megacity is usually defined as a recognized metropolitan area with a total population in excess of 10 million people. In 2000, there were 18 megacities – conurbations* such as Tokyo, Mexico City, Bombay, Sao Paulo and New York City – that have populations in excess of 10 million inhabitants. Greater Tokyo already has 35 million, more than the entire population of Canada.
By 2025, according to the Far Eastern Economic Review, Asia alone will have at least 10 hypercities, those with 20 million or more, including Jakarta, Indonesia (24.9 million people), Dhaka, Bangladesh (25 million), Karachi, Pakistan (26.5 million), Shanghai (27 million) and Bombay (with a staggering 33 million). Lagos, Nigeria has grown from 300,000 in 1950 to an estimated 15 million today, and the Nigerian government estimates that city will have expanded to 25 million residents by 2015. Chinese experts forecast that Chinese cities will contain 800 million people by 2020.