Getbig Bodybuilding, Figure and Fitness Forums
Getbig Main Boards => Gossip & Opinions => Topic started by: El Diablo Blanco on October 29, 2013, 10:53:00 AM
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I never understood those people that win the Lotto but still go to work or rich people with Hundreds of millions to billions that still bust their ass everyday to make more. If you had enough $$$ and were set, would you still do the daily grind?
I know I wouldn't. I would just travel the world, stay in shape and never deal with co-workers bullshit again.
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Would do charity work, in addition to enjoying all the stuff you mentioned.
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Yes.
I would still be a builder but wouldnt be as hands on, show up at 10 muck in for a few hours, drive around pricing jobs and ordering materials ect.
Couldnd do nothing id crack up. Plus it would mean being stuck with wor lass more often :-\
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I'd then have my own little farm. So I'd be working, but enjoying it.
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yes but i be working on cool shit like race cars and trophy trucks - for myself ;D
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it's because the people who win the lotto have no idea how to make their own money... they ALWAYS work for someone else.
give me a million and i'll earn $250k on it every year for as long as I want. (legally, mind you).
most people have no long-term goals.. or lack the ability to even THINK long term.
if, for instance i'd pick up a $1 lottery ticket just for shits and giggles while i'm getting gas one day and I won a large sum of money (lets say a few million, after taxes... those blood-sucking-liberal-leaches)
i'd live in a 5br home (probably in Coronado), i'd probably have 2-3 cars and an suv/truck... all certified pre-owned, none new. probably an S550 (for me), a Range Rover Sport (for her and the kids), an a 'toy' for myself, probably a Nissan GT-R... and that'd be it... no Ferrari's, no lambos, ect...
i'd have 5-8 2br rental homes, netting about $500-1k/month each (after mortgage... of course i'll have mortgages, it'll be one of the few tax breaks i'll get)
i'd have 300k in a low-yield dividend funds (4.5-6%)
300-500k in hi-yield dividend funds (8-15%)
and maybe 300k in a higher risk fund or a REIT (15%+)
and 500k in a prop-trading account (probably with interactive brokers)
and a couple a couple 100k annuities.
now, managing #1 the rental properties, and #2 the investment accounts would absolutely still be WORK... so yes, i'd still WORK... just not for anybody else. lol.
oh, and i'd probably still cruise on 1g test & 500mg deca with 8iu humatrope ;D and cruise easy at about 235 at 8% and eat like a normal person, and train 3-4x a week.
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I'm not the kind of person that could just sit around and not work like some welfar cowboy
I'd probably just start my own business doing something I like
Really I don't see how my life would change much..probably surf a lot more
Bench
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Yes...something to do with golf or bartend a couple of nights a week.
...nothing full time.
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Yes...something to do with golf or bartend a couple of nights a week.
...nothing full time.
I think they have rules about being a bartender at your age
Bench
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Hell no why?
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I am and I do.....
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.....of course.
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Yes...something to do with golf or bartend a couple of nights a week.
...nothing full time.
Calm down Cocktail.
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of course not
getbig all day
fuck whores all night
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I like the way ES thinks ;)
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Larry Allison, Oracle founder and Billionaire. networth is now at $46 billion.....his colleagues says no one works harder than him.......maybe he has a secret.. ;)
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I'd then have my own little farm. So I'd be working, but enjoying it.
This is my dream life.
Out in the country. Acres of land. Farmer John. Living off the land. Riding horses.
This is my dream life.
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This is my dream life.
Out in the country. Acres of land. Farmer John. Living off the land.
Hi Goodrum!!!
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Larry Allison, Oracle founder and Billionaire. networth is now at $46 billion.....his colleagues says no one works harder than him.......maybe he has a secret.. ;)
Ellison.. :)
larry's a cool guy. he's a client of one of my clients... my client wanted me to put together a biz plan and present it to larry. lol.. I said, I don't think he'd be interested in a $45k investment that'd pay out just a few %... met him a few times but never pitched him the idea since I had other things in the works.
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Ellison.. :)
larry's a cool guy. he's a client of one of my clients... my client wanted me to put together a biz plan and present it to larry. lol.. I said, I don't think he'd be interested in a $45k investment that'd pay out just a few %... met him a few times but never pitched him the idea since I had other things in the works.
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Ellison.. :)
larry's a cool guy. he's a client of one of my clients... my client wanted me to put together a biz plan and present it to larry. lol.. I said, I don't think he'd be interested in a $45k investment that'd pay out just a few %... met him a few times but never pitched him the idea since I had other things in the works.
Lol...wrong spelling.....I admire this fucker....he's the one billionaire that really spend his money and enjoying life......was it last year that he bought an island in Hawaii for $600+ million and he's known to be spending even more on Cars, Boats, of course and his many real estate all over the US......but for every penny he spent, he made 100 times more......he said several years ago that he wants to surpass Bill Gates, but I don't think that's gonna happen.....he was number 3 on forbes list as the 3rd Billionaire in the country behind Buffet
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glad you think that's funny 'shizzo'... go back to your minimum wage job and living your life knowing nobody.
after I said "fuck no, i'm not asking Larry Ellison to loan me money", he tells me to call another buddy of his he went school with, who happened to be the guy who started/owns "Fiji" water, because he's the guy who fronted his other buddy the cash to start 2xU clothing (a Under Armour knock-off).
have fun being a life long loser working min wage before somehow getting on disability and living in a studio and riding the bus to the store where you use your Food stamp card to buy bread and milk.
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This is my dream life.
Out in the country. Acres of land. Farmer John. Living off the land. Riding horses.
This is my dream life.
ever farm before....or are you an asphalt jungle life, windy wheat field dream farmer?
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glad you think that's funny 'shizzo'... go back to your minimum wage job and living your life knowing nobody.
after I said "fuck no, i'm not asking Larry Ellison to loan me money", he tells me to call another buddy of his he went school with, who happened to be the guy who started/owns "Fiji" water, because he's the guy who fronted his other buddy the cash to start 2xU clothing (a Under Armour knock-off).
have fun being a life long loser working min wage before somehow getting on disability and living in a studio and riding the bus to the store where you use your Food stamp card to buy bread and milk.
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ever farm before....or are you an asphalt jungle life, windy wheat field dream farmer?
I've worked on a plantation. All hands tho - no machinery.
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I've worked on a plantation. All hands tho - no machinery.
I ask because a lot of city dwellers think it romantic the "simple life" of the farmer.....lol
.........eventually the hobby farm gets sold for half of what was put into it, and flipped to another city bumpkin.
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I ask because a lot of city dwellers think it romantic the "simple life" of the farmer.....lol
.........eventually the hobby farm gets sold for half of what was put into it, and flipped to another city bumpkin.
I'm a city dweller born and raised but I've spent a year in my parents home country of Tonga. Very 'primitive' way of life. Rugged and simple - I love it.
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keep buying your lottery tickets loser.
95% of the wealthy clients I train EARNED their money. They had an idea, worked it, took the risk, pitched the idea to somebody else with money, borrowed the money and it usually failed over and over until it didn't fail.
the other 5% won their money either by lawsuit or lottery... and 1 of the lottery winners happened to be an investment banker from Canada, so she's an exception.... but most the of the people who WIN their money are complete pieces of shit (like you)....
in 3 years they go from tipping $100 to everybody and throwing around their money, just to show how 'well off' they are, to having their credit cards decline and threatening to sue over everything and driving an Sclass benz with liability insurance and a rented 2br house...... that's you dude, 100% loser till the day you die.
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keep buying your lottery tickets loser.
95% of the wealthy clients I train EARNED their money. They had an idea, worked it, took the risk, pitched the idea to somebody else with money, borrowed the money and it usually failed over and over until it didn't fail.
the other 5% won their money either by lawsuit or lottery... and 1 of the lottery winners happened to be an investment banker from Canada, so she's an exception.... but most the of the people who WIN their money are complete pieces of shit (like you)....
in 3 years they go from tipping $100 to everybody and throwing around their money, just to show how 'well off' they are, to having their credit cards decline and threatening to sue over everything and driving an Sclass benz with liability insurance and a rented 2br house...... that's you dude, 100% loser till the day you die.
You are melting faster then a vampire in sunlight.
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Would do charity work, in addition to enjoying all the stuff you mentioned.
Agreed. In fact, being retired, this is what I do now.
I enjoy doing my own gardening, so I will continue doing this as long as I can then I will hire it out.
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getbig farmers ;D
I'll work you for a day and the romanticizing period will be over. I like physical labor so I would still work some but only doing what I wanted to do.
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getbig farmers ;D
I'll work you for a day and the romanticizing period will be over. I like physical labor so I would still work some but only doing what I wanted to do.
Yeah if I were a millionaire I'd probably let somebody else do most of the hard work while I ride horses and hunt.
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I would start my own charity where only handpicked "victims" would get a due bonus.
Johnny Falcon would be one of the first people I would give some dough.
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this is what I want......
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.
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You are melting faster then a vampire in sunlight.
typical 'getbig' response... meltdown.
i'd bet a you a bottle of Popov vodka you don't even have mirrors in your little mobile home... can't blame you, if I were you I wouldn't want to be reminded of what I look like or what I've become either.
shouldn't you be posting more threads faking your own death for attention?
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typical 'getbig' response... meltdown.
i'd bet a you a bottle of Popov vodka you don't even have mirrors in your little mobile home... can't blame you, if I were you I wouldn't want to be reminded of what I look like or what I've become either.
shouldn't you be posting more threads faking your own death for attention?
So you say you rub elbows with billionaires?
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Work as hard as you want to - Scott's royal riches are simply beyond heterosexual comprehension.
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pitched the idea to somebody else with money, borrowed the money, and it usually failed, over and over
^
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I think they have rules about being a bartender at your age
Bench
To young or to old ??? ;D
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So you say you rub elbows with billionaires?
'rub elbows'? I see how you're trying to make a joke out of this.... i'm a professional, and I have clients, and my clients have clients (different type of clients).... I understand how your IQ prevents you from comprehending this. probably because you live a lonely life, cut off from the outside world.. you have no ambition.. and even if you had ambition to do ANYTHING with your life, you wouldn't know where to start, let alone map it out to the end.
i'll do you a favor, even though it'll probably be lost on you.... i'll tell you what was told to me.
"you have to stand close to the money tree... because the money falls STRAIGHT down... it doesn't blow around with the wind"
maybe one day you'll understand what that means.
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Dude, shizzo is just trying to get a rise out of you. Thats what he does.
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Dude, shizzo is just trying to get a rise out of you. Thats what he does.
I am being serious. I want to know how a man with Down syndrome knows all of these big players? Did he meet them at a charity event?
God bless you ESFitness. I will leave you alone now.
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Ellison.. :)
larry's a cool guy. he's a client of one of my clients... my client wanted me to put together a biz plan and present it to larry. lol.. I said, I don't think he'd be interested in a $45k investment that'd pay out just a few %... met him a few times but never pitched him the idea since I had other things in the works.
Honestly man, I would like to think that if I were in that position I would have taken the chance and pitched it to him. You never know with a billionaire... to them 45k is charity. And it could open up bigger opportunities.
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I am being serious. I want to know how a man with Down syndrome knows all of these big players? Did he meet them at a charity event?
God bless you ESFitness. I will leave you alone now.
90% are clients, and clients of clients.... the other 10%? yea, I've probably met at charity galas and luncheons.
lol at down syndrome... not even close to believeable.
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I am being serious. I want to know how a man with Down syndrome knows all of these big players? Did he meet them at a charity event?
God bless you ESFitness. I will leave you alone now.
Shitstain81 Post Procedure:
(1) Make self look like asshole
(2) Tuck tail
(3) Run out of the thread
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Shitstain81 Post Procedure:
(1) Make self look like asshole to bait retard
(2) Tuck tail, a display erect alpha penis
(3) Run out of the thread only after total domination is established
fixed.
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Honestly man, I would like to think that if I were in that position I would have taken the chance and pitched it to him. You never know with a billionaire... to them 45k is charity. And it could open up bigger opportunities.
better luck squeezing blood from a stone....
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I'd work full-time for the church and local charities supported by the church for no pay.
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Honestly man, I would like to think that if I were in that position I would have taken the chance and pitched it to him. You never know with a billionaire... to them 45k is charity. And it could open up bigger opportunities.
wasn't a big deal... doesn't matter if it's 45k or 450k if the biz plan is solid I have quite a few others who'll write a check, it's always a matter of 'is the juice worth the squeeze'.... and at the time, it wasn't . (still isn't). it's not like it was a once in a lifetime opportunity. getting face time with these guys is only two phone calls away.... but i'm not gonna waste my time with something that's only gonna pay me $60k a year.
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better luck squeezing blood from a stone....
haha probably but you never know unless you take a chance. You're right tho I'm sure those big money men get tired of people pitching them the next big thing.
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better luck squeezing blood from a stone....
well, that's partly true...
wealthy people aren't wealthy because they're lose with money.
but a solid investment is a solid investment. all it takes is an introduction and a solid word from somebody they know #1, and #2 a solid business plan.
so long as you can 'beat' 1%/month plus the principal, it's a pretty easy deal... keeping the lawyers out of it is the hard part. last thing I want is 15% of the gross and 100% of the liability.
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well, that's partly true...
wealthy people aren't wealthy because they're lose with money.
but a solid investment is a solid investment. all it takes is an introduction and a solid word from somebody they know #1, and #2 a solid business plan.
so long as you can 'beat' 1%/month plus the principal, it's a pretty easy deal... keeping the lawyers out of it is the hard part. last thing I want is 15% of the gross and 100% of the liability.
"they're lose with money". I'm sure they would be lining up after hearing you speak.
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"they're lose with money". I'm sure they would be lining up after hearing you speak.
ahh.. I see you caught a typo... great job Sherlok.
why don't you add the extra "o" for me then? do me a favor...
after that, do society a favor... pass out on some railroad tracks (because I know you live near some railroad tracks)
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ahh.. I see you caught a typo... great job Sherlok.
why don't you add the extra "o" for me then? do me a favor...
after that, do society a favor... pass out on some railroad tracks (because I know you live near some railroad tracks)
Ignore him.
When everyone stops responding to him the Mods MIGHT take the fucking hint and ban the troll.
::)
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ahh.. I see you caught a typo... great job Sherlok.
why don't you add the extra "o" for me then? do me a favor...
after that, do society a favor... pass out on some railroad tracks (because I know you live near some railroad tracks)
And you can take your dime a dozen training certifications, and use it to clean up your jizz after you are done wanking to Wallstreet.
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back to the original topic.... if you were financially set, would you still work?
well, I think for most people, that depends greatly on "HOW" they became 'financially set'...
most 'financially set' people earned their money, and those who earn money, usually figure out and enjoy EARNING money.
it's the ones who are looking for that "one lucky break" that will probably NOT work.... that is, until they blow through all their "lucky break money", because they don't understand the value of money (or work).
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well, that's partly true...
wealthy people aren't wealthy because they're lose with money.
but a solid investment is a solid investment. all it takes is an introduction and a solid word from somebody they know #1, and #2 a solid business plan.
so long as you can 'beat' 1%/month plus the principal, it's a pretty easy deal... keeping the lawyers out of it is the hard part. last thing I want is 15% of the gross and 100% of the liability.
billion $ guys looks at deals no less than 50 mill, hundred million guys at no less than 5 mill ect ect.....my face time was with JD Stephens once, we talked about Georgia vs PSU football, I had nothing that would interest him. Knowing not to waste someones time is important.
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it's because the people who win the lotto have no idea how to make their own money... they ALWAYS work for someone else.
give me a million and i'll earn $250k on it every year for as long as I want. (legally, mind you).
most people have no long-term goals.. or lack the ability to even THINK long term.
if, for instance i'd pick up a $1 lottery ticket just for shits and giggles while i'm getting gas one day and I won a large sum of money (lets say a few million, after taxes... those blood-sucking-liberal-leaches)
i'd live in a 5br home (probably in Coronado), i'd probably have 2-3 cars and an suv/truck... all certified pre-owned, none new. probably an S550 (for me), a Range Rover Sport (for her and the kids), an a 'toy' for myself, probably a Nissan GT-R... and that'd be it... no Ferrari's, no lambos, ect...
i'd have 5-8 2br rental homes, netting about $500-1k/month each (after mortgage... of course i'll have mortgages, it'll be one of the few tax breaks i'll get)
i'd have 300k in a low-yield dividend funds (4.5-6%)
300-500k in hi-yield dividend funds (8-15%)
and maybe 300k in a higher risk fund or a REIT (15%+)
and 500k in a prop-trading account (probably with interactive brokers)
and a couple a couple 100k annuities.
now, managing #1 the rental properties, and #2 the investment accounts would absolutely still be WORK... so yes, i'd still WORK... just not for anybody else. lol.
oh, and i'd probably still cruise on 1g test & 500mg deca with 8iu humatrope ;D and cruise easy at about 235 at 8% and eat like a normal person, and train 3-4x a week.
Lol at guaranteeing 25 percent per year and double-lol at most of your numbers. Or maybe you're a hedge fund manager with magical powers? ???
Just out of curiosity, when and what was your latest stock investment?
Not trying to be a dick even though I'll likely come across as one but please give some sort of indication that you know what you're talking about other than just throwing some "fancy" terms and numbers at us.
I'm genuinely interested in your answer as economy and investing is one of my biggest interests, aside from men in thongs of course. :P
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give me a million and i'll earn $250k on it every year for as long as I want. (legally, mind you).
Can you give a sketch of a sketch of how you'd achieve a 25% return over the next year, let alone over the long term? That'd make you a legend in the markets, superior to: the entire global hedge fund industry, the commodity trading advisor community, credit derivatives traders, Warren Buffett, and the collective knowledge of the relevant experts in all of the below sectors (10-year annualized returns in the rightwardmost column):
(http://www.ritholtz.com/blog/wp-content/uploads/2013/07/years.png)
(http://www.ritholtz.com/blog/wp-content/uploads/2013/07/years-2.png)
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realistically most getbiggers will never be financially set and will always be working untill old and obsolete, then face poverty in thier old day
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Lol at guaranteeing 25 percent per year and double-lol at most of your numbers. Or maybe you're a hedge fund manager with magical powers? ???
Just out of curiosity, when and what was your latest stock investment?
Not trying to be a dick even though I'll likely come across as one but please give some sort of indication that you know what you're talking about other than just throwing some "fancy" terms and numbers at us.
I'm genuinely interested in your answer as economy and investing is one of my biggest interests, aside from men in thongs of course. :P
well, maybe 250k might be pushing it, but in an actively traded account it's really not hard to do 2%/week.
I've been out of the market for the past few years... (and I did manage a small un-registered private equity/hedge fund), but I jump in and make a trade here and there.... no options though, no covered calles, ect... my most recent trade was Ruth's Cris about a month ago, which did very well, and before that was Green Mountian Coffee.... I was pissed I didn't short Tesla a couple months ago though. lol
if I don't have the time to watch the market full time, i'd rather just stay out 100%.
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Can you give a sketch of a sketch of how you'd achieve a 25% return over the next year, let alone over the long term? That'd make you a legend in the markets, superior to the entire global hedge fund industry, all commodity trading advisors, Warren Buffett, and the collective knowledge of the relevant experts in all of the below sectors:
(http://www.ritholtz.com/blog/wp-content/uploads/2013/07/years.png)
(http://www.ritholtz.com/blog/wp-content/uploads/2013/07/years-2.png)
hookers and blow....hookers and blow
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I`d win the lottery, pull it all out in one dollar bills and then set it all on fire and upload it to youtube just for the LOLZ and meltdowns.
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well, maybe 250k might be pushing it, but in an actively traded account it's really not hard to do 2%/week.
104% a year? sign me up!!!
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well, maybe 250k might be pushing it, but in an actively traded account it's really not hard to do 2%/week.
I've been out of the market for the past few years... (and I did manage a small un-registered private equity/hedge fund), but I jump in and make a trade here and there.... no options though, no covered calles, ect... my most recent trade was Ruth's Cris about a month ago, which did very well, and before that was Green Mountian Coffee.... I was pissed I didn't short Tesla a couple months ago though. lol
if I don't have the time to watch the market full time, i'd rather just stay out 100%.
:D ::)
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Can you give a sketch of a sketch of how you'd achieve a 25% return over the next year, let alone over the long term? That'd make you a legend in the markets, superior to the entire global hedge fund industry, all commodity trading advisors, Warren Buffett, and the collective knowledge of the relevant experts in all of the below sectors:
(http://www.ritholtz.com/blog/wp-content/uploads/2013/07/years.png)
(http://www.ritholtz.com/blog/wp-content/uploads/2013/07/years-2.png)
well, the 25% like I said, was probably a bit much... but that's not just from stock market... that's all investments, real estate, rental, ect... hell, there are REIT's alone that pay out over 20%.... it's not hard... all you have to do is pay attention. I would've give a hedge fund $1million if they WEREN'T making 25%/year.
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BTW I can guarantee a 25% return on 1 million, I need 12 month at 5% and the first 6 months at 0% and I can meet this goal....but I take 2/20/40 means 2% on managed funds, 20% of profits over 7% and 40% of profits over 12%...
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this could go on forever... I gotta shower, head out and get sushi, and get to work. if it's slow tonight i'll see if I can put some examples up.
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well, maybe 250k might be pushing it, but in an actively traded account it's really not hard to do 2%/week.
I've been out of the market for the past few years... (and I did manage a small un-registered private equity/hedge fund), but I jump in and make a trade here and there.... no options though, no covered calles, ect... my most recent trade was Ruth's Cris about a month ago, which did very well, and before that was Green Mountian Coffee.... I was pissed I didn't short Tesla a couple months ago though. lol
if I don't have the time to watch the market full time, i'd rather just stay out 100%.
I'm not going to comment on this post or your succeding ones other than that we seem to have vastly different opinions when it comes to this subject and that further discussion will lead no where.
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I never understood those people that win the Lotto but still go to work or rich people with Hundreds of millions to billions that still bust their ass everyday to make more. If you had enough $$$ and were set, would you still do the daily grind?
I know I wouldn't. I would just travel the world, stay in shape and never deal with co-workers bullshit again.
That is why they are rich. For them it is not really about money any more, it is about winning, time after time. You can compare it to being high on drugs.
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give me a million and i'll earn $250k on it every year for as long as I want. (legally, mind you).
Please, please, please let me know how you would be capable of doing this.
I've been an institutional trader for close to a decade now and I have yet to see anyone in the top financial firms EVER achieve this kind of return indefinitely and at will.
If you are sitting on ideas that have yet to reach the market or that have yet to be reported on by any institution, share with your fellow GetBig brethren.
"1"
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ask walter
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Please, please, please let me know how you would be capable of doing this.
I've been an institutional trader for close to a decade now and I have yet to see anyone in the top financial firms EVER achieve this kind of return indefinitely and at will.
If you are sitting on ideas that have yet to reach the market or that have yet to be reported on by any institution, share with your fellow GetBig brethren.
"1"
Nah, he's got big moves to make and is to busy to "watch the markets all day and walk away with 2% a week". I mean...why even bother? ::)
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Please, please, please let me know how you would be capable of doing this.
I've been an institutional trader for close to a decade now and I have yet to see anyone in the top financial firms EVER achieve this kind of return indefinitely and at will.
If you are sitting on ideas that have yet to reach the market or that have yet to be reported on by any institution, share with your fellow GetBig brethren.
"1"
My dear sir, are you saying that you somehow don't believe that this anonymous personal trainer can in fact rank with the best hedge funds on the planet earth (only 11 (http://online.barrons.com/article/SB50001424052748704253204578469283806191260.html#articleTabs_article%3D0) of which have a 3-year annual compound return of 25% or more), most of which are replete with Ivy League MBA's and PhD's in physics and mathematics harnessing the most advanced computer technology available to fine-tune algorithmically precise trading strategies?
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ESFitness wins the lottery every day just by waking up.
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My dear sir, are you saying that you somehow don't believe that this anonymous personal trainer can in fact rank with the best hedge funds on the planet earth (only 11 (http://online.barrons.com/article/SB50001424052748704253204578469283806191260.html#articleTabs_article%3D0) of which have a 3-year annual compound return of 25% or more), most of which are replete with Ivy League MBA's and PhD's in physics and mathematics harnessing the most advanced computer technology available to fine-tune algorithmically precise trading strategies?
What I'm implying is that all the boys at Tiger, Seer, 3rd point ultra, BTG, Palomino, Marathon, Odey & Omega (All of which are ranked in the top 15 hedge funds worldwide with assets ranging from $1-6 billion) are congenital retards that while backed with teams of veteran traders, master statisticians, industry insiders and programming that generates some of the most complicated trading algorithms in the world have all (http://www.bloomberg.com/slideshow/2013-01-04/the-20-top-performing-large-hedge-funds.html#slide1) fallen short of achieving higher than 24.4% yearly returns last year.
"1"
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(http://static.fjcdn.com/gifs/After+a+long+day_d75e3a_4624415.gif)
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I certainly wouldn't.
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I've made a very good living for a while now. I still work 5 days a week, have owned my business for 20 years now. Never miss a day of work. When you are making good money it's hard to walk away from it. I'm 46 now, I'll probably work till early fifties. Hopefully
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What I'm implying is that all the boys at Tiger, Seer, 3rd point ultra, BTG, Palomino, Marathon, Odey & Omega (All of which are ranked in the top 15 hedge funds worldwide with assets ranging from $1-6 billion) are congenital retards that while backed with teams of veteran traders, master statisticians, industry insiders and programming that generates some of the most complicated trading algorithms in the world have all (http://www.bloomberg.com/slideshow/2013-01-04/the-20-top-performing-large-hedge-funds.html#slide1) fallen short of achieving higher than 24.4% yearly returns last year.
"1"
Hahahah, yes, the Gandolfesque market wizardry that ESFibness is surely going to reveal in this thread will send ripples through the financial world.
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ESFitness has been running around the board playing resident expert on numerous topics.
kinda reminds me of fat panda back in the day.
glad to see he's getting called out on some of his constant steam of BS.
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ESFitness has been running around the board playing resident expert on numerous topics.
kinda reminds me of fat panda back in the day.
glad to see he's getting called out on some of his constant steam of BS.
Are you saying that a gear-dealing, ex convict, personal trainer to the social elite might NOT have the best financial advice?
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I never understood those people that win the Lotto but still go to work or rich people with Hundreds of millions to billions that still bust their ass everyday to make more. If you had enough $$$ and were set, would you still do the daily grind?
I know I wouldn't. I would just travel the world, stay in shape and never deal with co-workers bullshit again.
depends how much money.
know more than few who (literally) blew it all away.
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back to the original topic.... if you were financially set, would you still work?
well, I think for most people, that depends greatly on "HOW" they became 'financially set'...
most 'financially set' people earned their money, and those who earn money, usually figure out and enjoy EARNING money.
it's the ones who are looking for that "one lucky break" that will probably NOT work.... that is, until they blow through all their "lucky break money", because they don't understand the value of money (or work).
This also might depend on how generous the "lucky break" windfall is. It is pretty easy to blow through a million dollars, but if you say win $200,000,000 and you blow through this you are just an idiot and yet, some people do lose it all when all is said and done. If I hit the lottery for a mere million, I wouldn't change much about my lifestyle.
I'd probably continue to live in the same house and drive the same car. I might get my wife a new car, which she would hardly ever drive anyway just because hers is really old in terms of years, but not miles. Maybe, she should have a fun car which we could then use as the "family" car and retire mine for just occasional things. She seems to like the new Fiat. Maybe we'd remodel the kitchen, tear up the carpeting around the house and replace it with hardwood floors, redo the bathrooms and have a sprinkler system installed so I don't have to move the hose during the few months of the year it isn't raining here.
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I would organize a Getbig party with the best DJ's, the finest whores, the best foods & drinks and all types of drugs which exist under the sun.
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ESFitness has been running around the board playing resident expert on numerous topics.
kinda reminds me of fat panda back in the day.
glad to see he's getting called out on some of his constant steam of BS.
No comment on EFS but that guy Fat Panda was hilarious. People here would try to help and educate him but he would just brush them off and continue on being such a stubborn know it all.
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If I won the lottery there would be a boon in the prostitution industry. Their unemployment levels would easily drop .05 - 1.0 percent.
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holy shit... I make a general statement and later RETRACT it/clarify it (twice I believe I corrected myself.. saying 25% might be a bit much) and people still get their panties in a bunch... legally, anyways...
I also said it wouldn't be just TRADING INCOME.
would I trade $1million/week? PROBABLY NOT... is it difficult to pull a 2% profit/wk? not exactly... is it easy? not exactly.
now, maybe we should talk hypothetical grey-area legality income.... if you want to talk profit margin's... why not move to a friendly European country, maybe Romania, buy a $15k house, spend $10k on a lab, and set up a proper UGL.... how's 1200% profit margin sound? 25k in materials will net around 300k , 50k net's around 800k, ect...
so, legal or illegal... if you're not working, what the hell would you do with yourself?
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holy shit... I make a general statement and later RETRACT it/clarify it (twice I believe I corrected myself.. saying 25% might be a bit much) and people still get their panties in a bunch... legally, anyways...
I also said it wouldn't be just TRADING INCOME.
would I trade $1million/week? PROBABLY NOT... is it difficult to pull a 2% profit/wk? not exactly... is it easy? not exactly.
now, maybe we should talk hypothetical grey-area legality income.... if you want to talk profit margin's... why not move to a friendly European country, maybe Romania, buy a $15k house, spend $10k on a lab, and set up a proper UGL.... how's 1200% profit margin sound? 25k in materials will net around 300k , 50k net's around 800k, ect...
so, legal or illegal... if you're not working, what the hell would you do with yourself?
great post bro.
we've just won millions of dollars. lets invest in a criminal enterprise that can not only see us lose it all but end up in jail as a global trafficker.
fucking brilliant. why didn't I think of that.
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great post bro.
we've just won millions of dollars. lets invest in a criminal enterprise that can not only see us lose it all but end up in jail as a global trafficker.
fucking brilliant. why didn't I think of that.
do you know of many guys in Greece or Romania or India or wherever the fuck else getting extradited to the US for "global trafficking"?
do you know how EASY it is in some countries to set up a legitimate pharmaceutical company?
your snarky attitude makes you sound like an actor from "Queer eye for the straight guy"... stick to what you know.
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do you know of many guys in Greece or Romania or India or wherever the fuck else getting extradited to the US for "global trafficking"?
do you know how EASY it is in some countries to set up a legitimate pharmaceutical company?
your snarky attitude makes you sound like an actor from "Queer eye for the straight guy"... stick to what you know.
You should have at least tried to "no homo" the fact that you watch Queer Eye. :)
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You should have at least tried to "no homo" the fact that you watch Queer Eye. :)
actually, we have bravo playing on one of the TV's and an Ad for it just popped up, and reminded me of this lippy little shit.
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actually, we have bravo playing on one of the TV's and an Ad for it just popped up, and reminded me of this lippy little shit.
all in fun.
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do you know of many guys in Greece or Romania or India or wherever the fuck else getting extradited to the US for "global trafficking"?
do you know how EASY it is in some countries to set up a legitimate pharmaceutical company?
your snarky attitude makes you sound like an actor from "Queer eye for the straight guy"... stick to what you know.
you've gone from being the worlds best hedge fund manager to a global anabolics distributor in one thread.
great investment advise here, Walt.
keep up the good work.
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holy shit... I make a general statement and later RETRACT it/clarify it (twice I believe I corrected myself.. saying 25% might be a bit much) and people still get their panties in a bunch... legally, anyways...
I also said it wouldn't be just TRADING INCOME.
would I trade $1million/week? PROBABLY NOT... is it difficult to pull a 2% profit/wk? not exactly... is it easy? not exactly.
now, maybe we should talk hypothetical grey-area legality income.... if you want to talk profit margin's... why not move to a friendly European country, maybe Romania, buy a $15k house, spend $10k on a lab, and set up a proper UGL.... how's 1200% profit margin sound? 25k in materials will net around 300k , 50k net's around 800k, ect...
so, legal or illegal... if you're not working, what the hell would you do with yourself?
I would hire you to polish my shoes most likely.
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you've gone from being the worlds best hedge fund manager to a global anabolics distributor in one thread.
great investment advise here, Walt.
keep up the good work.
ahhh... I see you've taken the road of greatly exaggerating what I say in an effort to turn it against me... not clever, I'm sure I know who you are.
Ad hominem
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"Personal attacks" redirects here. For the Wikipedia policy, see Wikipedia:No personal attacks.
Paul Graham's Hierarchy of Disagreement lists ad hominem as the second worst type of argument in a disagreement.
An ad hominem (Latin for "to the man" or "to the person"[1]), short for argumentum ad hominem, is a general category of fallacies in which a claim or argument is rejected on the basis of some irrelevant fact about the author of or the person presenting the claim or argument.[2] Ad hominem reasoning is normally categorized as an informal fallacy,[3][4][5] more precisely as a genetic fallacy,[6] a subcategory of fallacies of irrelevance.[7]
Ad hominem as it is discussed in this article refers to the logical fallacy argumentum ad hominem, and not to the literal Latin phrase ad hominem.
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work...that pussy
sure
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I've made a very good living for a while now. I still work 5 days a week, have owned my business for 20 years now. Never miss a day of work. When you are making good money it's hard to walk away from it. I'm 46 now, I'll probably work till early fifties. Hopefully
master... train me. I'm broke
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I would pursue my passions, which are my true work in life.
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I ask because a lot of city dwellers think it romantic the "simple life" of the farmer.....lol
.........eventually the hobby farm gets sold for half of what was put into it, and flipped to another city bumpkin.
Depends on what you expect of course. I'm happy being self sufficient. I'd be rich, so I wouldn't have to produce for sale. Hell, I could have all my crops fail and still be okay. So I'd be fine. Even now that I do live in the city I have long since gotten rid of all power tools, electrical kitchen appliances, etc. Everything that can be done by hand is done by hand. And I have always liked manual work like demolition, renovating, landscaping (by hand), etc.
Would I buy a farm right now, when I would have to make it produce enough to stay solvent? Fuck no, I've heard enough about how that life is.
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It is one of man's basic needs to be useful at something, and to be needed - i.e. work etc
If I became filthy rich, it would be as a result of hard work on my part so I would merely delegate more duties and take a more relaxed role in the business I suppose.
If eventually I was not required anymore, I would get involved in some kind of community philanthropy - even if it was just setting up a gym for young ex-cons etc. You have to be doing something useful as a man, or, after a while you WILL get depressed or over indulge in something.
Edit: I don't have my own business, just a thought.
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I'd work on my own projects full time rather than when I can find time.
I'd build my own house on acreage with help from some buddies.
Don't really envision sitting around eating bon bons. I tend to stay up too late & sleep too late when I've got time off tho, so I'd probably go through a hardcore vampiric circadian inversion until I got my shit together.
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I made six figures when I dumped my Netflix stock earlier this year. I could take a lot of time off, but work is good for the soul.
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And I guess I wouldn't be bored with money anymore. It was kind of fun making it for awhile. Felt like vindication, I guess, not that it really was. I just had one of my best days but the thrill is kind of gone. Not gone gone, mind you, but still. You know?
It's just not so interesting that it bears thinking about 50 times a day for 50 years. I'm fed to the fucking teeth with hearing about it. What something costs. A bargain. The bills. The pay rise that was a slap in the face, you poor dear. Do people even talk about anything else? Yes, think & talk about it sometimes, of course. But holy fucking shit is there not anything else? Let's dedicate our entire lives to the pursuit of something so we can not have to think about it ever again. Wtf is that?
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It is one of man's basic needs to be useful at something, and to be needed - i.e. work etc
If I became filthy rich, it would be as a result of hard work on my part so I would merely delegate more duties and take a more relaxed role in the business I suppose.
If eventually I was not required anymore, I would get involved in some kind of community philanthropy - even if it was just setting up a gym for young ex-cons etc. You have to be doing something useful as a man, or, after a while you WILL get depressed or over indulge in something.
Edit: I don't have my own business, just a thought.
A gym for young ex cons? I sure hope the etc includes getting them educated, cleaned up, etc. or better yet some type of yourh program before they go to jail.
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just setting up a gym for young ex-cons etc.
Moose? How's the hand, brah?
;D
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I'd probably open a small restaurant for the sole reason of belittling the staff and firing whomever I choose on a whim, particularly if I know how badly they need the job, because that's how I roll.
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(http://sa.ninetendev.com/x/img/media/scott-alexander-media.jpg)
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I made six figures when I dumped my Netflix stock earlier this year. I could take a lot of time off, but work is good for the soul.
I love getbig!!!!!! LOL
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A gym for young ex cons? I sure hope the etc includes getting them educated, cleaned up, etc. or better yet some type of yourh program before they go to jail.
No just purely to make some good contacts with young criminals.
Seriously though, yes it would be a medium for getting some kind of schedule/accountability into their lives as well as using it as a platform for further mentoring etc
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I make a lot of money. Vissy and Goodrum pimp me out to their gay friends. Of course I only make a small margin of what Goodrum rents me out for, but it is enough for a nice Cadillac and the occasional red lobster dinner.
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No just purely to make some good contacts with young criminals.
Seriously though, yes it would be a medium for getting some kind of schedule/accountability into their lives as well as using it as a platform for further mentoring etc
In a few short years BigCyp will have the toyboy market on lockdown.
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it's because the people who win the lotto have no idea how to make their own money... they ALWAYS work for someone else.
give me a million and i'll earn $250k on it every year for as long as I want. (legally, mind you).
most people have no long-term goals.. or lack the ability to even THINK long term.
if, for instance i'd pick up a $1 lottery ticket just for shits and giggles while i'm getting gas one day and I won a large sum of money (lets say a few million, after taxes... those blood-sucking-liberal-leaches)
i'd live in a 5br home (probably in Coronado), i'd probably have 2-3 cars and an suv/truck... all certified pre-owned, none new. probably an S550 (for me), a Range Rover Sport (for her and the kids), an a 'toy' for myself, probably a Nissan GT-R... and that'd be it... no Ferrari's, no lambos, ect...
i'd have 5-8 2br rental homes, netting about $500-1k/month each (after mortgage... of course i'll have mortgages, it'll be one of the few tax breaks i'll get)
i'd have 300k in a low-yield dividend funds (4.5-6%)
300-500k in hi-yield dividend funds (8-15%)
and maybe 300k in a higher risk fund or a REIT (15%+)
and 500k in a prop-trading account (probably with interactive brokers)
and a couple a couple 100k annuities.
now, managing #1 the rental properties, and #2 the investment accounts would absolutely still be WORK... so yes, i'd still WORK... just not for anybody else. lol.
oh, and i'd probably still cruise on 1g test & 500mg deca with 8iu humatrope ;D and cruise easy at about 235 at 8% and eat like a normal person, and train 3-4x a week.
that shit just gets in the way of 8 meals a day.
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I don't know of one truly wealthy person who is fully retired and does nothing. They die "working".
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i have both a business and property trust, I look forward to the day I can rid myself of the business and staff and all the ongoing issues and just concentrate on the property trust, in saying that having money and holding it isn't easy, especially if your always willing to risk it to make more, and as families grow so do the list of beneficiaries and expensive lifestyles, trouble with money is no matter how much you got you always need more. Wealth just like poverty and debt has a way of enslaving you in saying that im sure the view is much better from the wealth side.
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Good to see all the getbiggers staying true to form, trust funds, six figure stock gains etc..
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i have both a business and property trust, I look forward to the day I can rid myself of the business and staff and all the ongoing issues and just concentrate on the property trust, in saying that having money and holding it isn't easy, especially if your always willing to risk it to make more, and as families grow so do the list of beneficiaries and expensive lifestyles, trouble with money is no matter how much you got you always need more. Wealth just like poverty and debt has a way of enslaving you in saying that im sure the view is much better from the wealth side.
Damn bro. Don't sound so excited to fire people.
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Its not firing, the business will be sold, they would be becomes someones else's asset or liability, believe me staff can be both.
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I must be the only broke person on getbig. Everybody else is a millionaire.
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I must be the only broke person on getbig. Everybody else is a millionaire.
Hardly a millionaire here, but not broke either....must be hard. Been there a long time ago, never ever want to go back.
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I don't know of one truly wealthy person who is fully retired and does nothing. They die "working".
This true from what I've seen too.
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there are tow kinds of work, the work you do for yourself, and the work you do for others. At some point even if you convince yourself you re not working for others in a classic 9/5 job , you realize you are. You re someone else's bitch and they know it. That's what motivate them to Wake up in the morning and show up at work to belittle you subtly or boldly.
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This true from what I've seen too.
You'd have to define work. Actually there are a lot of folks, including me, who keep busy by volunteering and such. It is hardly work though.
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This true from what I've seen too.
But these are self made millionaires I'm talking about. The ones who built up from the ground up...not inheritance.
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But these are self made millionaires I'm talking about. The ones who built up from the ground up...not inheritance.
Isn't Bill Gates a self made millionaire? Ever hear of the Bill and Melinda Gates foundation?
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You'd have to define work. Actually there are a lot of folks, including me, who keep busy by volunteering and such. It is hardly work though.
Yes that stuff too. Its like they have to stay busy and involved. Always on move even when they have nowhere to go.
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Isn't Bill Gates a self made millionaire? Ever hear of the Bill and Melinda Gates foundation?
What about them?
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Yes that stuff too. Its like they have to stay busy and involved. Always on move even when they have nowhere to go.
Speaking for myself, I still have a lot of me time which I enjoy too. Volunteering is fun and keeps me active. It isn't like work because I don't have to do it if I don't want to.
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What about them?
Oh I don't know, ask Bill how many hours he spends working verses just doing the stuff he likes to do. If it is work to give away billions of dollars then I guess he works pretty darn hard.
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ouch
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Oh I don't know, ask Bill how many hours he spends working verses just doing the stuff he likes to do. If it is work to give away billions of dollars then I guess he works pretty darn hard.
Billionaires are a bit different than lower level millionaires the later of which I was speaking of.
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ouch
That's what you'll say when I heel hook you.
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Isn't Bill Gates a self made millionaire? Ever hear of the Bill and Melinda Gates foundation?
Bill gates is a self made Billionaire.
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Bill gates is a self made Billionaire.
Of course! Does this make a difference? I mean if he were only a self made millionaire would he be working more?
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Of course! Does this make a difference? I mean if he were only a self made millionaire would he be working more?
When he was a self made millionaire he was working more.
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When he was a self made millionaire he was working more.
You win, because you are right. I bow to you and your wisdom in this case.
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I'm not sure we're arguing. Hard to tell with some people and their style of debate.
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I'm not sure we're arguing. Hard to tell with some people and their style of debate.
"You win" is a figure of speech. I could have just as easily typed the word touché. I don't think we are arguing, are we? I just like to admit when I am wrong which is almost never. LOL!
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"You win" is a figure of speech. I don't think we are arguing, are we? I just like to admit when I am wrong which is almost never. LOL!
No worries. If it makes you feel better know that im rarely ever wrong. Altho sometimes I'll argue against the grain just to see if i could win... I usually do.
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ask walter
I have done very well aside from the seven figures I lost in my divorce to a thankless woman. I don't come close to ES returns and I take a very conservative approach to investing and life. Would like to have a long discussion with OMR because Wall Street guys offer great insight into the major market drivers.
I also live with a woman who is the CFO of her second IT start up (brilliant) and I consult with her company and others in the IT and medical IT space.
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No worries. If it makes you feel better know that im rarely ever wrong. Altho sometimes I'll argue against the grain just to see if i could win... I usually do.
So you like winning just for the sake of winning and not because you are necessarily right? Did I get this right?
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So you like winning just for the sake of winning and not because you are necessarily right? Did I get this right?
Its not only about winning but also exploring a topic - devil's advocate.
Winning is for the ego. Knowledge is for the soul.
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Its not only about winning but also exploring a topic - devil's advocate.
Wining is for the ego. Knowledge is for the soul.
Guess I am slow sometimes. I get where you are coming from now.