Your Investments: Justice and successful finance are achieved through following the process
Summarized and contextualized by DistantNews.
At a glance
- The article explores the principle of pursuing righteousness with righteousness, drawing parallels between financial success and ethical conduct.
- It references a verse from the Torah portion Shoftim, emphasizing that the means used to achieve goals must be just.
- The author suggests this principle applies to personal finance and investing, advocating for trusting the process over seeking quick gains.
The pursuit of financial success, much like ethical conduct, requires adherence to a just process, according to Aaron Katz. Drawing inspiration from the Torah portion Shoftim, which states "Righteousness (Tzedek), righteousness you shall pursue," the article emphasizes that the methods employed must be as righteous as the goals themselves.
Righteousness (Tzedek), righteousness you shall pursue so that you will live and take possession of the land that Hashem, your G-d, gives you.
Rabbi Elya Meir Bloch's interpretation highlights that "the pursuit OF righteousness must also be pursued WITH righteousness." This means that even when striving for a just outcome, one must not resort to unscrupulous methods or overlook legal boundaries. The article cautions against the temptation to let "the ends justify the means," noting that throughout history, the pursuit of justice through unjust means has led to destruction.
Katz applies this principle to personal finance and investing, urging readers to "trust the process." He contrasts this with the allure of "magic blackjack systems" or shortcuts to financial security, suggesting that true understanding and long-term success come from diligent effort and following established procedures, much like students learning that the hard work of solving a problem is more valuable than the answer itself.
the pursuit OF righteousness must also be pursued WITH righteousness.
The author uses a personal anecdote about teaching his children homework to illustrate the importance of instilling values of hard work and process. While acknowledging that not all children are equally receptive, he notes that even those initially drawn to quick-fix ideas eventually recognize the necessity of dedicated study. This lesson, he argues, is crucial for navigating both academic and financial endeavors, ensuring that success is achieved ethically and sustainably.
We may overlook the fact that we have to step on a few laws here and there as long as in the end โrighteousness will prevailโ.
Originally published by Jerusalem Post. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.