Big Ben's Credit Card Moves: The Good, the Bad and the Ugly [View article]
FxTrader07, you continue to provide sound wisdom. I accept my six figure job as a CEO and founder of a business.
Yeah, the long days are not fun and I imagine that in V Winner's or Jammin's world you click on the mouse a few times, read a chart and jump in the beamer to go out to drinks with the honey. Party it up!
Some former investors in a business I left (Dennis and Mark) at Tyco acted a lot like this too, full of pride from riding a nice wave acting untouchable until it crashes and your broke or in there case, jail. Y
ou see, because once you have gotten rich from being somewhat bright but immature you tend to become overconfident and make BIG mistakes. How many waves can you climb on, ride, go bust and do it all over again? Will you live to be 1,000 years old?
The nice part of my business is that I run it on fundamentals ONLY and put my own money up as do the other managers. Profitable ventures create very large multipliers on M/A deals and when you own all the majority of equity tend to pay 8 figure dividends. This makes it easier to make another 8 figure dividend later by repeating the same research driven, quiet approach where no one sees you coming and then your competition buys you out.
Here's a suggestion: If your happy about making a big pile of loot just say it. Fellow capatalists will gladly smile and be happy for you.
However, demeaning other investors whom choose a less risky and less profitable short-term approach but become multi-millionaires over a lifetime (and enjoy the fulfillment of quiet conquest in the process which is deeply rewarding beyond just money) makes yourselves sound retarded and wastes valuable time. But keep shooting off your mouth with your pride. Just don't ask me to invest in your new fund when you start it.
Big Ben's Credit Card Moves: The Good, the Bad and the Ugly [View article]
Yeah, the long days are not fun and I imagine that in V Winner's or Jammin's world you click on the mouse a few times, read a chart and jump in the beamer to go out to drinks with the honey. Party it up!
Some former investors in a business I left (Dennis and Mark) at Tyco acted a lot like this too, full of pride from riding a nice wave acting untouchable until it crashes and your broke or in there case, jail. Y
ou see, because once you have gotten rich from being somewhat bright but immature you tend to become overconfident and make BIG mistakes. How many waves can you climb on, ride, go bust and do it all over again? Will you live to be 1,000 years old?
The nice part of my business is that I run it on fundamentals ONLY and put my own money up as do the other managers. Profitable ventures create very large multipliers on M/A deals and when you own all the majority of equity tend to pay 8 figure dividends. This makes it easier to make another 8 figure dividend later by repeating the same research driven, quiet approach where no one sees you coming and then your competition buys you out.
Here's a suggestion: If your happy about making a big pile of loot just say it. Fellow capatalists will gladly smile and be happy for you.
However, demeaning other investors whom choose a less risky and less profitable short-term approach but become multi-millionaires over a lifetime (and enjoy the fulfillment of quiet conquest in the process which is deeply rewarding beyond just money) makes yourselves sound retarded and wastes valuable time. But keep shooting off your mouth with your pride. Just don't ask me to invest in your new fund when you start it.