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Gerishon kirima DEAD
Intelligentsia
#21 Posted : Thursday, December 30, 2010 11:09:00 AM
Rank: Elder

Joined: 10/1/2009
Posts: 2,436
zedjohn wrote:
Just read(nation.co.ke) that rent alone for his estate is "estimated at between Sh17 million and Sh20 million monthly."



wacha kutu stress bana.
Njung'e
#22 Posted : Thursday, December 30, 2010 11:11:43 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@Intelli,
I wouldn't doubt that.Kirima is one of the pioneers of "Little Murang'a"
Nothing great was ever achieved without enthusiasm.
MaichBlack
#23 Posted : Thursday, December 30, 2010 11:39:02 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,913
My 2 cents wrote:
Is life all about the 'one with the most toys' at the grave wins? That guy could have done with a couple of 2,500/= lunches. Life is not all about accumulation.

One has to strike a balance, and believe me I aint hating because I struggle with this balance all the time.

Did you know Warren Buffet refused to buy a car worth 10,000/=. Most Wazuans drive cars worth much more than these! Here is WB's reason: Why WB wouldn't buy a $10,000 car

He said: "You can buy a car for $10,000/= or invest the money at a rate of 20% p.a. If you choose the later, your money will have grown to $2,400,000/= in 30 years. $2,400,000/= is too much to pay for a car!".

Tafakari hayo. Most of us only consider the current value of money. If you start considering the future value of money vis-a-vis what you want to spend it on now, then you are on your way to financial independence.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
gathinga
#24 Posted : Thursday, December 30, 2010 11:53:41 AM
Rank: Veteran

Joined: 11/30/2006
Posts: 635
MaichBlack wrote:
[quote=My 2 cents]Is life all about the 'one with the most toys' at the grave wins? That guy could have done with a couple of 2,500/= lunches. Life is not all about accumulation.

One has to strike a balance, and believe me I aint hating because I struggle with this balance all the time.

Did you know Warren Buffet refused to buy a car worth 10,000/=. Most Wazuans drive cars worth much more than these! Here is WB's reason: Why WB wouldn't buy a $10,000 car

He said: "You can buy a car for $10,000/= or invest the money at a rate of 20% p.a. If you choose the later, your money will have grown to $2,400,000/= in 30 years. $2,400,000/= is too much to pay for a car!".



>>>>>are you sugesting WB takes a jav to work. or what does he drive?

MaichBlack
#25 Posted : Thursday, December 30, 2010 12:20:41 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,913
gathinga wrote:
>>>>>are you sugesting WB takes a jav to work. or what does he drive?

He had a 2001 Lincoln [With the license plate Thrifty!]which he had bought to support GM. It was later auctioned on eBay to support a certain Charity. Not sure what he currently drives - I have a life. LOL.

Anyway, here are a few words of advice you might find immensely helpful: Words of Advice
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Ms Mkenya
#26 Posted : Thursday, December 30, 2010 12:59:53 PM
Rank: Veteran

Joined: 5/13/2010
Posts: 869
Location: Nairobi
I wouldn't live Warren Buffet's life. I think he is a miser. I borrow some thoughts from him but hey, life has to be lived too! I also would not be Kirima..

The balance has to be somewhere in between. But i strongly believe that when you spend time also helping others you get more satisfaction.

I guess i will thus never be in the league of Warren Buffet or GK.. And that is good enough for me.

....above all, to stand.
MaichBlack
#27 Posted : Thursday, December 30, 2010 1:15:31 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,913
Ms Mkenya wrote:
I wouldn't live Warren Buffet's life. I think he is a miser. I borrow some thoughts from him but hey, life has to be lived too! I also would not be Kirima..

The balance has to be somewhere in between. But i strongly believe that when you spend time also helping others you get more satisfaction.

I guess i will thus never be in the league of Warren Buffet or GK.. And that is good enough for me.

Fair enough.

But I don't think WB is a miser. Far from it. Click here for the meaning of the word 'miser'

I think the word you were looking for is frugal. Click here for the meaning of the word 'frugal'

Ask yourself how many people you know who were high rollers and now [probably after retirement] live slightly above the poverty line - or even below it. How many people do you know who were high rollers and flashy and after retirement were still able to maintain the same lifestyle - more or less. Look around you.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
runjam
#28 Posted : Thursday, December 30, 2010 1:16:42 PM
Rank: New-farer

Joined: 6/21/2010
Posts: 73
Location: kenya
There is a pal of mine who is headed in kirima's direction.

He works so hard, sleeps for about 3hours.he is planning to put everything he's accumulated under trust. In addition, he said that they'll have to sign an agreement with the woman he marries to protect what he'll have accumulated by then.......stingy to the core!!!!
kadonye
#29 Posted : Thursday, December 30, 2010 1:20:06 PM
Rank: Elder

Joined: 5/30/2009
Posts: 1,390
I think @my2cents has a very valid point. Imagine spending life as a miser only to die and leave your hard earned property to your kids and their spouses to enjoy. Treat yourself,show gratitude to your body. Life is too short
What a wicked man I am!The things I want to do,I don't do.The things I don't want to do I find myself doing
manuPK
#30 Posted : Thursday, December 30, 2010 1:43:27 PM
Rank: New-farer

Joined: 2/16/2010
Posts: 92
Location: Nairobi
muganda wrote:


A wise Asian man gave me a pep-talk recently on Maya Moh. You must not underestimate the attachment that comes with wealth!
So strong is its stranglehold that even saints and sages struggle to overcome it.



People always mistake that the saying goes....." Money is the root of all evil" yet it's actually..."it's the LOVE of money, which is the root of all evil"
Entrepreneurship is a cognitive bias. They can’t teach it to you.
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