Slavery as a lifestyle

'How The Economic Machine Works' by Ray Dalio

Economics 101 -- "How the Economic Machine Works."

Created by Billionaire hedge fund manager Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, "How does the economy really work?" Based on Dalio's practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur.

To learn more about Economic Principles visit: http://www.economicprinciples.org.

the past 28–years of stock market returns (S&P 500)

"There are few sure things in investing … that betas (stocks, bonds, real estate) rise over time relative to cash is one of them."    -- Billionaire hedge fund manager Ray Dalio


For perspective, here's a look at the past 28–years of stock market returns (S&P 500). For all of the bearish rhetoric on stocks that we hear from day to day, as you can see, if you're positioning for a down stock market for the year, you're making a low probability bet.

Since 1928, 73% of the time stocks finished the year in the green. On a rolling ten–year basis the average return for the S&P 500 has been 197%, with only five losing rolling ten–year periods out of 79.

One chance away to make it

Millionaire Next Door memes

MILLIONAIRE RAPPERS

Trade Master_ Global Macro Trading Strategies- Ilya Spivak _ Fxcm Expo 2012

A very pertinent global macro trading explanation.

TIPS FOR FOREX TRADERS

Source: http://www.wsj.com/articles/SB10001424052702304665904576384111852016334
http://www.wsj.com/news/interactive/FOREX110709

The Black Trillionaire Next Door

The Trillionaire Next Door

Black Economics, Business Connections and Solutions

http://thetrillionairenextdoor.com/

http://thetrillionairenextdoor.com/2016/07/14/blacks-wealth-barely-exist-with-1-1-trillion-in-spending/
https://theblackbusinessschool.com/p/the-black-millionaires-of-tomorrow-bootcamp-for-children-starts-on-saturday-august-13-2016/?a_aid=VeronicaBrown&a_bid=39a9ac3e

US Billionaires political power index

Warren Buffett: a monkey is a better investor than Trump

A dart-throwing monkey is a better investor than Donald Trump.

Is Warren Buffett correct in stating that a monkey is a better investor than Trump? Buffett puts money on monkey to outperform Trump as an investor “A monkey throwing darts to pick stocks would have made a 150% profit during the decade-long run when Donald Trump’s namesake company, Trump Entertainment Resorts, lost 90 cents on the dollar, the billionaire Warren Buffett stated”

Buffett: “That was the only time Donald Trump went to the American people and said, ‘I’m a winner, invest in my company.’ … Over the next 10 years, the company loses money every year, every single year. He takes $44 million in compensation. If a monkey had thrown a dart at the stock page it would have made 150%. People who believe in [Trump] came away losing well over 90 cents on the dollar. They got back less than a dime.” 

Considering that Trump’s public company was formed in 1995, when the stock market was still on a tear, this seems to be a fair assessment. Even with the “dot com crash,” a random selection of stocks would have been a better investment. 





Buffett is perhaps too charitable. From 1995 to year’s end 2004, the S&P 500 did gain a 157% return. But if our brave monkey turned on dividend reinvestments and sported a return close to the S&P 500, then there would have been a 203% return (calculator). 





(Here’s another source on Trump’s company: As its stock collapsed, Trump’s firm gave him huge bonuses and paid for his jet.)



Source:
https://www.blogger.com/blogger.g?blogID=7141574283349219741#editor/target=post;postID=7993375059968623788;onPublishedMenu=overview;onClosedMenu=overview;postNum=1;src=postname
http://www.marketwatch.com/story/how-donald-trump-left-13-billion-on-table-2016-03-01
http://www.moneytalksnews.com/why-youre-probably-better-investing-than-donald-trump/
https://www.quora.com/Is-Warren-Buffett-correct-in-stating-that-a-monkey-is-a-better-investor-than-Trump
http://money.cnn.com/2016/08/03/news/economy/buffett-trump-stock/
http://www.marketwatch.com/story/buffett-puts-money-on-monkey-to-outperform-trump-as-an-investor-2016-08-02
https://www.google.ca/search?q=buffett+trump+monkey&oq=buffett+trump+monkey&aqs=chrome..69i57j69i61.9325j0j4&sourceid=chrome&ie=UTF-8

Most Expensive Hip Hop Jewelry

Rick Ross’s Chain of His Face ($1,500,000)

Former correctional officer, self-proclaimed "BiggestBoss" and "Hood Billionaire", rapper and founder of Maybach Music Group has supposedly the most expensive bling of the entire hip hop community. 

Or maybe it's a FAKE just like his druglord gimmick!

As you may know a lot of the over-the-top jewelry that you see in hip hop videos are FAKE!!!

It is not everybody that have thousands of dollars to throw on expensive jewelry.

So most less fortunate rappers opt for the "fake it til you make it" option. Just in case they ever make it.



Interesting link:
http://hiphopwired.com/2014/05/23/fakin-top-10-rappers-called-fake-bling/

I AM AN ARTIST

Brazillionaires

Not the 1% but the 0.0001%.

Interesting link:
https://newrepublic.com/article/135691/brazils-billionaire-problem?utm_medium=email&utm_source=digg