Friday, June 17, 2016

Brilliant Billionaires, No. 79: Bill Gates and Chicken Economics

Poverty stalks the land, but Bill Gates has the answer: get a chicken.

Every poor person should raise chickens, says Bill.

“They’re a good investment.”he says. “Suppose a new farmer starts with five hens. One of her neighbors owns a rooster to fertilize the hens’ eggs. After three months, she can have a flock of 40 chicks.”

Wow. So after five years at that rate of multiplication “she” (or I guess it could be a fella, but let’s keep this PC) could have five trillion chicks, which, says Bill, would have a sale price [when full grown] of $5 per chicken — which is typical in West Africa.”

So there you are, being poor is just about being stupid really, and anyone following Bill’s easy to follow tip can become rich beyond the dreams of avarice in practically no time at all.

Problem for some, though, may be getting that first chicken. So why doesn’t Bill give everyone in the United States a chicken to get them started. At five bucks a piece it would cost him practically nothing out of his $79 billion pile. And for those without a yard to keep a live chicken, no doubt a fresh frozen, oven-ready bird would be most acceptable.

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