Ten Commandments for Making Money

B

BernardRichards

1st Commandment: Believe in the Dignity and Morality of Business

2nd Commandment: Extend the Network of your Connectedness to Many People

3rd Commandment: Get to Know Yourself

4th Commandment: Do Not Pursue Perfection

5th Commandment: Lead Consistently and Constantly

6th Commandment: Constantly Change the Changeable, While Steadfastly Clinging to the Unchangeable

7th Commandment: Learn to Foretell the Future

8Th Commandment: Know Your Money

9th Commandment: Act Rich: Give Away 10% of Your After Tax Income

10th Commandment: Never Retire


From the book Thou Shall Prosper http://www.amazon.com/Thou-Shall-Prosper-Commandments-Making/dp/0471218685
 
Quote from BernardRichards:

1st Commandment: Believe in the Dignity and Morality of Business

2nd Commandment: Extend the Network of your Connectedness to Many People

3rd Commandment: Get to Know Yourself

4th Commandment: Do Not Pursue Perfection

5th Commandment: Lead Consistently and Constantly

6th Commandment: Constantly Change the Changeable, While Steadfastly Clinging to the Unchangeable

7th Commandment: Learn to Foretell the Future

8Th Commandment: Know Your Money

9th Commandment: Act Rich: Give Away 10% of Your After Tax Income

10th Commandment: Never Retire

11th commandment: fuck The sub human Arab Islamofacists

12th commandment: never stop taking your anti psychotic medicine



From the book Thou Shall Prosper http://www.amazon.com/Thou-Shall-Prosper-Commandments-Making/dp/0471218685
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Don't skimp on the paper

Use a good quality color copier

Make only one dollar bills.

Don't "wash" them at the laundromat.
 
Quote from nutmeg:

Don't skimp on the paper

Use a good quality color copier

Make only one dollar bills.

Don't "wash" them at the laundromat.
More...

Nah, I learned from the Iranians. I make $20 and $100 bills -- much more efficient!
 
1. Get a piece of shit
2. Buy some gold paint
3. Paint the shit gold
4. Sell the gold painted turd as a gold brick
5. Do not let the customer see anything but a picture of the gold turd.
6. When forced to produce an actual gold brick, blame the paint manufacture.
7. Force the customer to give you money to buy actual gold bricks.
8. Sell gold bricks to customers overseas.
9. Offer to store gold bricks...for a fee of course.
10. NEVER RUN OUT OF SHIT!
 
Quote from sameeh55:
11th commandment: fuck The sub human Arab Islamofacists

You want me to catch syphillis? Some friend you are. I am considering taking you off my buddy list now. :mad:

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Quote from CaptainObvious:

1. Get a piece of shit
2. Buy some gold paint
3. Paint the shit gold
4. Sell the gold painted turd as a gold brick
5. Do not let the customer see anything but a picture of the gold turd.
6. When forced to produce an actual gold brick, blame the paint manufacture.
7. Force the customer to give you money to buy actual gold bricks.
8. Sell gold bricks to customers overseas.
9. Offer to store gold bricks...for a fee of course.
10. NEVER RUN OUT OF SHIT!
More...

Same shit different method.

You have $90 worth of real gold and $10 of fools gold = $100. If you divide this in half each half is worth $50. This is the concept. The derivative dealers would then take this $100 contract and put it into a trust and divide it up into $1 units and sell these 100 unit trusts to pension funds or municipalties, etc for $100 (plus fees, but we'll forget about that for this exercise).

Next what would happen is the the pension fund or country or whoever bought that 100 unit trust would hold it for a week or so and instruct the bank to sell half (50 units). The contract is set up so if the pension fund sold any portion of their trust the bank would liquidate the most valuable part of the contract which is the real gold. Well the bank would sell 50 units of the trust which had a value of $50 but since the bank had to sell the most valuable portion which is the real gold (value $90) the sale should show a profit of $40. The bank would return to the pension fund $90. This would make the remain 50 units (whose value is really $10) remain on the books @ $50.

So the pension fund books a profit of $40 instant cash profit and never sells the remaining 50 units which is an unrealized loss but not accounted and still valued at $50.
 
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