Investment Accounting

The Nobleman Is Yet Away — San Marino, California © 2024 Craig Dahlberg

Youth imagines time to run on forever. Typical of our young station in life, there is neither enough time nor money to supply our interests. Investable resources are drawn down to support the thing at hand, with less thought of those many decades ahead.

Perhaps, for awhile, that is as it should be. Youth feeds upon the hope of opportunities at hand to grow the vision and passion of our yet-to-be discovered futures. How many times, as young people, have we re-imagined what our lives would become? Somehow, ageless bodies, good fortune and our emerging skillset would provide whatever that future held.

During my early twenties, it first occurred to me that I was falling behind. The automated success ladder I had envisioned for my life became less automatic, and I slowly veered off course, a small degree at first, which widened with my advancing age. How had I been relegated, at my first job, to cleaning toilets in a restaurant? How did I find myself, shirtless, hot, and profusely sweaty, baling hay in Mississippi? And, ignorant of the profoundly itchy characteristics of okra upon the skin, how was I now ignorantly harvesting it bare-handed and bare-chested?

I continued onward with vague goals, and without the means to achieve them. Little did I recognize that I tottered already on the precipice of an ungoverned financial future.

The earnings of $1.25 per hour at my first job were put toward my first car ownership, a 1962 MGA Mark II Roadster with rusted door panels, which I purchased for $300 when I was 17. I considered this purchase a mighty good investment both toward transportation and developing social opportunities with the fairer sex.

I failed to realize that the $300 required for the purchase of the MGA, along with all my other earnings, did not belong to me. Rather, it was all on loan to me, as were all the other accounts of my life, monetary or otherwise. Success in every enterprise, reputation, health, relationships with family and friends were all ceded to me from God. They were on loan to me. My interest should be to prosper them and generate what good I could of them, before the eventual completion of the terms of the loan.

My thinking started to change. I began asking myself — when time itself is folded up and retired, what value of our lives is there remaining?

The Gospel of Luke, chapter 19, reminds us of the investments loaned by a nobleman to three servants. Upon his return, the nobleman would ask for an accounting of the three loans. One servant took wise risks, investing his loan aggressively, which paid off. Over time, his financial investment soared, as did, we might assume, the other similarly managed affairs of his life. Due to his devotion to excellence, his professional advancements arrived with remarkable speed. Before long, he himself purchased the very company that had initially hired him. He may have become a man of great influence, whether obvious or subtle in nature. He stirred vision and passion in others by his virtuous behavior. Once, upon taking a corner too fast, an old Volkswagen overturned; he ran over to help, rolled the car over with the driver still strapped in the seat, then pulled out the crumpled fenders with his bare hands. He was a gregarious sort. When his neighbors complained about the ruckus from the parties he would throw for his friends, he remedied the issue by inviting them to his parties as well. Upon his ultimate return, the master was pleased with him, very well pleased, and the servant was appropriately rewarded.

The second servant was equally virtuous, a prudent lifelong conservative investor. His were ever an equal mix of stock and bond ETF financial investment products. They were safe, and he needn’t fret over economic downturns. His finances were established to weather adversity, as were his other affairs. A man of lesser passion than the first servant, he carefully governed his relationships. His friendships with others, cookie-cutter versions of himself, were reliable and pleasantly in tune with his own persuasions. He was a faithful and good worker, advancing up the predictable ranks to the admiring “Atta boy!”accolades of his coworkers. Upon passing by a person in need, he might consider how he might meet the need, pause for the briefest moment, then press on. “Ah! A little too late, already passed by—never mind.” To prove his compassion, he would be the first to phone in a 911 emergency—from a safe distance across the street. He noted his tarnished world and its misdirected values, and he exerted his passionless, middling efforts, budging toward doing good when convenient, and performing righteous acts without staining his trousers.

A lone koi fish circled the grimy pond within the courtyard of the third servant. Deflated by life, he awaited funds for its restoration. A browbeaten and fearful man, he expected the worst and accomplished little. He supposed his boss to be an abrupt and unpredictable taskmaster, who himself would take credit for the servant’s work. A boss, he mistakenly perceived, with unreal expectations and no room for lax performance. Office parties were a thing of horror for the servant, who with feigned devotion would heap self-ingratiating praise upon his supervisor. He danced, like a marionette, to earn his boss’s approval. In the end, the character flaws within the third servant produced no growth whatsoever, no improvement of character, performance, relationships, grace, or virtue. The servant succumbed to such self-manufactured fear that he squandered the generous nobleman’s loan, securing it safely within his mattress, its real value slowly but surely depreciating over time; he ended with less than what he had been entrusted with.

At the appointed time, the nobleman, now crowned king, would return and require an accounting of his investments long in the making. But before then, we may make two observations. The first is that a reward clearly awaited those who had invested wisely. And perhaps even more prescient—while the nobleman was yet away, there was still time enough for the servants to mend their ways.

Emerging Stones

Once a rock, now a stone Transformation by Wes Dahlberg
— © 2024 Craig Dahlberg

Well past his 80th year, my father hopped along the rocks on the beach just out of reach of sloshing waves, searching for the next face peering from along the shore. Each rock he selected became his canvas. But his art would not hold the mundane image of a stylized tree or a vivid green frog painted to adorn a doorstop. Instead, he peered deeply into the contours and subtle colorations to unlock what, or who, was already there, waiting to be discovered.

“There! Can you see him? And look, over his shoulder, there’s his daughter embracing her puppy,” he would describe. And of course, we all said we did, even if we had no clue what image and story the blank rock actually contained.

To the last day I pushed my father’s wheelchair through the parking lot, he required me to stop to review the subtleties of granite stones in the outside walls of his assisted living residence to identify imaginary faces and scenes locked within the patterns of the stones, staring back at us. What were they saying to us? Can you hear them? Can you see them? Then, “Forward!” my father would have declared, his eye ever searching onward, outward, and inward to set free the next stone captive.

Just when does a rock become a stone? A rock lies unused in a quarry or unnoticed beside a road or pathway; a rock serves no particular intention or use. However, a rock becomes a stone when it is put to a purpose. The rock gives birth to a stone. We christen a stone when we ennoble it to possess a specific use. A rock, for example, converts into a stone when it becomes part of a stone wall to keep out intruders, or when a rock is re-purposed as cobblestone, transformed into a pathway for our use.

By the time of his passing at 106 years old on November 1 of 2023, my father had transformed hundreds of rocks into stones, releasing the faces of the captives held within them. The subtle detail that he added with his horsehair paintbrush—no cutting instruments allowed—defined and refined them, drawing the images out and giving them their first breath.

When he finally departed, Dad’s death removed my last bit of scaffolding to the former generation. He was the last survivor of my parents’ generation. Gone were his wife, her parents, his parents, his brother, his nephew, his in-law parents and brothers and sisters. All that was left is the next generation: my brother and myself. Like Dad’s stones, we now stood on the top shelf, placeholders for now, for our generation and the ones to come. That top tier is a windier place, unprotected now that Dad is gone. We feel less protected from the forces of nature that now seem colder and damper, with our face against the wind. It is for us, now, to repeat “Forward!”

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On a boring, routine night of tedious sheep-tending chores, a young shepherd played hacky sack with his sheep’s droppings. He checked for consistency and coloration as he bounced the dung off one foot to the other and back again. Discoloration or soft poop would indicate problems. Achingly monotonous, tending sheep provided plenty of opportunity to amuse himself and to contemplate his place in the world. His notions drifted in the air, along with the musty, fetid odors of his sheep. As the youngest and therefore the least in the family, he did not have the first pick of the chores. Hence, sheepherding was his lot. Could he, alone on this forlorn hilltop, be mindful? Would he tend this moment with no urgency, no purpose, or with both urgency and purpose? Where was his own “Forward” call within his menial service?

Caring for the sheep consumed his life. He considered his only significant moments were in transporting food supplies to the nearby battle lines. In stealth, he would deliver hardy supplies—grain, bread and cheese—to the unit on the front lines, then again return to the menial tasks, herding his bleating, smelly beasts. Today, at dawn’s break, he again loaded up the supplies, arriving to the sound of the clamor of battle. As usual, a vulgar dispute broke out among the front line ranks over today’s strategy. How to defend against the renewed threats of the enemy?

With opportunity arise both fear and courage. Fear announces an impending disastrous consequence—a wrong choice or a step too far. Courage responds—how? With the possible regret of having not tried, grappled, and succeeded.

“Forward!” came the sudden, unexpected voice of courage in the shepherd’s brain. It traveled to his hands, into his fingers, and toward his feet. Its sudden sound drove him to his knees, into the waters of a stream, where he quickly groped for the heavy, smoothed objects at the water’s edge. In a moment, he gathered the prizes from the bank and dropped them into his travel pouch. And in the same moment he lifted the pieces of granite from the stream, his brain fog cleared to reveal the purpose of the morning and of his life.

When does a rock become a stone?

A rock becomes a stone when that rock is put to a purpose. It becomes a stone the moment a young shepherd inserts the rock into his sling and lets it soar, fast and sure, splitting both the morning sky and, meeting its intended mark, a skull opened and split wide.