Learning from Thanksgiving: 4 money lessons for savvy investors
e-commerce sites you frequent as well as from real estate, automobiles and more inviting you to take advantage of the big Black Friday sales? That’s why we are going to learn about the American festival of Thanksgiving. A federal holiday in the United States, Thanksgiving is celebrated on the fourth Thursday in November every year.
It is also celebrated around the world: unofficially in Brazil and The Philippines and officially in Canada, Granada, Japan (a day later, called Kinrõ Kansha no Hi), China (The Autumn Moon Festival, late September/early October)), as Erntedankfest in Austria, Germany and Switzerland, Homowo festival in Ghana. And in India? From Lohri in Punjab to Thaipusam and Pongal in Tamil Nadu to Bihu in Assam and Uttarayan festival in Gujarat… But today we have a chance to learn money lessons from the American Thanksgiving festival, not just because The Godfather has a fleeting reference to it, but because India is recovering from the excesses of Diwali and we’re getting emails about ‘Black Friday’ sales from the stores and e-commerce websites from where you do all your shopping.
Shakespeare mentions ‘Brownies’ in his play Twelfth Night, and these people who were Puritan Christians rebelled against the Church and left England to create a new world for themselves in America. After more than a couple of false starts and disasters in the middle of the ocean, the awkwardly heavy Mayflower landed in Cape Cod, Massachusetts, instead of Virginia.
Half the crew and passengers were dead from scurvy and fevers. The first hut they built after a few skirmishes with the natives, was a makeshift hospital.
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