Addicted to Money

A fictitious picture of a man plunging from a great height in front of a giant stock price monitor

IN my last year on Wall Street my bonus was $3.6 million — and I was angry because it wasn’t big enough.  I was 30 years old, had no children to raise, no debts to pay, no philanthropic goal in mind. I wanted more money for exactly the same reason an alcoholic needs another drink: I was addicted.

This might be the most compelling article you’ll read this year. A look at the greed on Wall Street from a unique perspective: that of a man who has had both the experience of being a drug addict and a high-flying, adrenaline-craving trader in the financial capital of America. He contemplates greed from a medical and psychiatric perspective. However, there is also an emotional and spiritual dimension: how people turn to addiction to fill the void inside. It reminds me of the claim made by the controversial yet influential psychiatrist Dr William Glasser, that all psychological abnormalities are caused by the lack of love or of a sense of being worthwhile to oneself and others. While his claims are far-fetched, I do believe that psychiatrists are often too quick to prescribe pills when the underlying problem is not pharmacological or biochemical, but spiritual in nature. Sometimes it is the soul that needs healing, and we need to take the time to find inner healing. We need to work through our deepest issues rather than succumb to the modern temptation to resort to a quick fix, like popping a pill.


For enquiries on GP or English tuition by the blogger, a First Class Honours grad from NUS, call 98392152 or click ‘About the Tutor/Testimonials’ above. If I am unable to answer, please send me a text message.

For GP model essays, click here.


About gptuitionsg

A dedicated English and GP tutor with First Class Honours from the National University of Singapore, Steven Ooi retired from the profession after a 14-year career during which he was one of the most sought-after private tutors in Singapore. He is the recipient of the Minerva Prize from NUS, which is awarded to the top English Language honours student of each cohort. This website, which has consistently ranked among the top 10 on Google and has received over 530,000 hits, has now been converted into a GP resource site cum listing of recommended tutors. If you are a GP or English tutor who wishes to be listed here, please email Steven Ooi at stevenooi18 @ (remove the spaces). Interested parties will be assessed and interviewed by him, and qualifications will be checked. These procedures are necessary to uphold quality standards. DISCLAIMER: While every reasonable effort has been made to assess the competence and verify the qualifications of recommended tutors here, no guarantees are made and you engage them at your own risk. By using this website, you agree that you will not hold the webmaster Steven Ooi responsible for any consequences — direct or otherwise — that occur in relation with your use of this website.
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