I do not own cars, I do not pay for car insurance, I do not pay my cable bill, and I do not pay my medical benefits. There are a lot of things that I will not pay for. In fact, I wont tip unless the service is superior at the restaurant.
I hate going to expensive restaurants, actually I scowl at the idea because its an obvious ripoff. I went to an expensive restaurant last week and the food was horrible. The idea of having to pay a premium for bad food ate away at my soul. All this hard work for what? To pay for bad food at an overpriced restaurant? I was so offended that I let the people who were dining with me pay for the meal since they had dragged me down to the place.
There are many diners throughout the new york area that offer great service/personality at a terrific price with quality food where I come out feeling like I got a deal. Now thats how I want to feel.
I know this sounds cheap, but there are cultural differences between us all. There are some guys that are broke on paper, but throw their cash at meaningless things. While there are billionaires, that wont pay more then what they have to.
Warren Buffet, up until recently, owned a 2001 Lincoln Towncar that he drove by himself very similiar to those livery cars you see all over NYC. No driver, no bodyguards. When the Lincoln started breaking down, he sent his daughter out to the GM dealer to buy a Cadillac DTS. It was actually a test for his daughter to see if she could negotiate the price of the car down. He gave her a certain amount of cash and she had a limit as to what she could spend. She did come back driving a nice new Cadillac with cash to spare.
Walmart has a revenue of 330 billion dollars each year, but their corporate headquarters looks like that of a 338 million dollar revenue company, a dump. Sam Walton, god rest his soul, wouldnt have it any other way and that philosophy is still with this company up until this very day. In retrospect, its that same philosophy that gets Walmart into trouble. Walmart wants to do right by its customers and shareholders, except its employees are the ones who get the shaft in the end. Even the CEO of Walmart gets shafted! He only made 10,000,000 last year! $10 million dollars for a company that raked in 330 billion dollars of revenue or the gross domestic product of a developing country.
I believe in working a job. It keeps me young and healthy. At the same time, I will not let that job shaft me. They will pay for the things I demand. I do not trust the market, because money comes and goes very easily. One bad trade makes you bankrupt if your not careful. Thats why I espouse a philosophy of multiple strategies and trading with companies that you can understand. I dont understand the exchange stocks or companies like EFUT or ZVUE so I dont touch them.
I respect Maurice Greenberg very much, however, some of his business practices appear questionable when looked at with the untrained eye and to the average layman. They espouse in the news about bid rigging and some of these practices off-shore. His practices look cheap and underhanded. However, these practices were performed to benefit the shareholders, employees and the company's "customers".
A person who worked at AIG in the last 20 years and participated in the employee stock purchase plan from 1980 to 2000 would have retired a multi-millionaire. In that time, Hank had rivaled google. He took the stock up from a buck all the way to a 100. 100 times appreciation!!! After 2000 was a different story, but I think we will see 100 in the future very soon.
Elliott Spitzer, another crafty Jewish man from the Bronx (not Brooklyn, theres a difference), had challenged Hank. Hank is one of the most powerful men in the world and NYC due to his many associations with world figure. Hank is the only Jewish man that can sell insurance policies in the middle east to Arab men. Hank is just that good. Elliott wanted to show everyone that he was really the man so he could get elected governor. Unfortunately, Elliott was successful.
I might be hard to understand. However, all you need to do is go down to a Jewish section of Brooklyn and go into any store. Watch how apparently wealthy people come in and wheel&deal. Watch how they dont trust the merchant. Thats my philosophy all the way. I love the art of a deal and I hate getting ripped off by some two bit merchant and I certainly dont trust Mr. Market.
If I dont get back to you in a timely manner, I apologize. I only have so much time in a day. I dont get paid by elitetrader for posting and maybe they should. All this valuable information that I take my valuable time to espouse to the world.
I hate going to expensive restaurants, actually I scowl at the idea because its an obvious ripoff. I went to an expensive restaurant last week and the food was horrible. The idea of having to pay a premium for bad food ate away at my soul. All this hard work for what? To pay for bad food at an overpriced restaurant? I was so offended that I let the people who were dining with me pay for the meal since they had dragged me down to the place.
There are many diners throughout the new york area that offer great service/personality at a terrific price with quality food where I come out feeling like I got a deal. Now thats how I want to feel.
I know this sounds cheap, but there are cultural differences between us all. There are some guys that are broke on paper, but throw their cash at meaningless things. While there are billionaires, that wont pay more then what they have to.
Warren Buffet, up until recently, owned a 2001 Lincoln Towncar that he drove by himself very similiar to those livery cars you see all over NYC. No driver, no bodyguards. When the Lincoln started breaking down, he sent his daughter out to the GM dealer to buy a Cadillac DTS. It was actually a test for his daughter to see if she could negotiate the price of the car down. He gave her a certain amount of cash and she had a limit as to what she could spend. She did come back driving a nice new Cadillac with cash to spare.
Walmart has a revenue of 330 billion dollars each year, but their corporate headquarters looks like that of a 338 million dollar revenue company, a dump. Sam Walton, god rest his soul, wouldnt have it any other way and that philosophy is still with this company up until this very day. In retrospect, its that same philosophy that gets Walmart into trouble. Walmart wants to do right by its customers and shareholders, except its employees are the ones who get the shaft in the end. Even the CEO of Walmart gets shafted! He only made 10,000,000 last year! $10 million dollars for a company that raked in 330 billion dollars of revenue or the gross domestic product of a developing country.
I believe in working a job. It keeps me young and healthy. At the same time, I will not let that job shaft me. They will pay for the things I demand. I do not trust the market, because money comes and goes very easily. One bad trade makes you bankrupt if your not careful. Thats why I espouse a philosophy of multiple strategies and trading with companies that you can understand. I dont understand the exchange stocks or companies like EFUT or ZVUE so I dont touch them.
I respect Maurice Greenberg very much, however, some of his business practices appear questionable when looked at with the untrained eye and to the average layman. They espouse in the news about bid rigging and some of these practices off-shore. His practices look cheap and underhanded. However, these practices were performed to benefit the shareholders, employees and the company's "customers".
A person who worked at AIG in the last 20 years and participated in the employee stock purchase plan from 1980 to 2000 would have retired a multi-millionaire. In that time, Hank had rivaled google. He took the stock up from a buck all the way to a 100. 100 times appreciation!!! After 2000 was a different story, but I think we will see 100 in the future very soon.
Elliott Spitzer, another crafty Jewish man from the Bronx (not Brooklyn, theres a difference), had challenged Hank. Hank is one of the most powerful men in the world and NYC due to his many associations with world figure. Hank is the only Jewish man that can sell insurance policies in the middle east to Arab men. Hank is just that good. Elliott wanted to show everyone that he was really the man so he could get elected governor. Unfortunately, Elliott was successful.
I might be hard to understand. However, all you need to do is go down to a Jewish section of Brooklyn and go into any store. Watch how apparently wealthy people come in and wheel&deal. Watch how they dont trust the merchant. Thats my philosophy all the way. I love the art of a deal and I hate getting ripped off by some two bit merchant and I certainly dont trust Mr. Market.
If I dont get back to you in a timely manner, I apologize. I only have so much time in a day. I dont get paid by elitetrader for posting and maybe they should. All this valuable information that I take my valuable time to espouse to the world.
Quote from USAtrader:
Since you wouldn't address this on the other thread I thought Id bring it over here. Please address...
eagle488
Registered: Sep 2006
Posts: 538
11-16-06 04:26 PM
"....$80000 a month may not seem like much, but I am content with that small humble amount of cash.... "
*later in the thread*
"Meanwhile, I am making the moves on the receptionists at Goldman Sachs"
eagle488
Registered: Sep 2006
Posts: 538
09-26-06 11:04 PM
"I believe I might get confident one day to quit my job entirely, however they do provide an unmarked company car, pay for my cell phone, pay for the internet, pay for the cable, 401k, pension plan, medical benefits, etc.
If one day trading does not work out, then its nice to know that I have a job lined up that will help me. I do not rely on the job alone to make my check."