In 1989ˇ¦s A Bend in the River, V S Naipaul explores dislocation and expatriatism among small Indian businessmen in hostile, disintegrating Africa
ˇ§Do you know Uganda? A lovely country. Cool, three to four thousand feet up, and people say itˇ¦s like Scotland, with the hills. The British have given the place the finest administration you could ask for. Very simple, very efficient. Wonderful roads. And the Bantu people there are pretty bright.ˇ¨
This was Nazruddin. We had imagined him done for. Instead, he was trying to excite us with his enthusiasm for his new country, and asking us to contemplate his luck yet again. The patronage, in fact, was all on his side. Though he never said anything openly, he saw us on the coast as threatened, and he had come that day to make me an offer.
He still had interests in his old country ˇV a shop, a few agencies. He had thought it prudent to keep the shop on, while he was transferring his assets out of the country, to prevent people looking at his affairs too closely. And it was this shop and those agencies that he now offered me.
ˇ§They arenˇ¦t worth anything now. But they will be again. I really should be giving it to you for nothing. But that would be bad for you and for me. You must always know when to pull out. A businessman isnˇ¦t a mathematician. Remember that. Never become hypnotized by the beauty of numbers. A businessman is someone who buys at 10 and is happy to get out at 12. The other kind of man buys at 10, sees it rise to 18 and does nothing. He is waiting for it to get to 20. The beauty of numbers. When it drops to two he waits for it to get back to 10. Well, it gets back there. But he has wasted a quarter of his life. And all heˇ¦s got out of his money is a little mathematical excitement.ˇ¨
I said, ˇ§This shop ˇV assuming you bought at 10, what would you say you were selling it to me for?ˇ¨
ˇ§Two. In three or four years it will climb up to six. Business never dies in Africa; it is only interrupted. For me it is a waste of time to see that two get up to six. There is more for me in cotton in Uganda. But for you it will be a trebling of your capital. What you must always know is when to get out.ˇ¨