Thursday, December 11, 2008

Parashat Vayishlach: Financial Advice From the Midrash

In this week's parasha, Yaakov, fearful for the safety of his "camp" - his servants and livestock - decides to divide them into two different groups. He said: "If Esav attacks one camp, the other will escape."

The Rabbis in Midrash Rabba applied this to the most elementary piece of financial advice, namely a diversified portfolio!


בראשית רבה פרשה עו ד"ה ג ויחץ את

ויחץ את העם, לימדך תורה דרך ארץ שלא יהא אדם נותן כל ממונו בזוית אחד ממי אתה למד מיעקב, שנאמר ויחץ את העם וגו'

The Torah has taught you about worldly matters: A person should not place all his money in one corner (of his house). From who do we learn this if not from Jacob, as it says "He split his camp etc."


Anonymous said...

Which Midrash was madoff studying?

rabbi lars said...