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Are You Having a Bad Day???

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MaichBlack		#1 Posted : Thursday, May 21, 2015 10:12:54 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,468		Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack		#2 Posted : Thursday, May 21, 2015 10:14:42 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,468		Ronald Wayne - The Billionaire that never was!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack		#3 Posted : Thursday, May 21, 2015 10:26:16 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,468		At $60 Billion (In Apple Stock Only) Ronald Wayne would be the 5th wealthiest person in the world behind Bill Gates, Carlos Slim, Warren Buffett and Amancio Ortega. Fifth Wealthiest in the world!!! But what does he do now? He sells stamps and rare coins. That one decision totally changed everything! And what's worse? He resisted Steve Jobs' attempts to get him to return!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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whiteowl		#4 Posted : Thursday, May 21, 2015 10:43:30 AM
Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove		MaichBlack wrote: At $60 Billion (In Apple Stock Only) Ronald Wayne would be the 5th wealthiest person in the world behind Bill Gates, Carlos Slim, Warren Buffett and Amancio Ortega. Fifth Wealthiest in the world!!! But what does he do now? He sells stamps and rare coins. That one decision totally changed everything! And what's worse? He resisted Steve Jobs' attempts to get him to return!!! You can't really blame him. Not everyone is cut out for entrepreneurship, it comes with a lot of stress even when you're successful. but a couple billion dollars can go a long way in helping you cope with the stress.
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mkeiy		#5 Posted : Thursday, May 21, 2015 11:01:50 AM
Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi		whiteowl wrote: MaichBlack wrote: At $60 Billion (In Apple Stock Only) Ronald Wayne would be the 5th wealthiest person in the world behind Bill Gates, Carlos Slim, Warren Buffett and Amancio Ortega. Fifth Wealthiest in the world!!! But what does he do now? He sells stamps and rare coins. That one decision totally changed everything! And what's worse? He resisted Steve Jobs' attempts to get him to return!!! You can't really blame him. Not everyone is cut out for entrepreneurship, it comes with a lot of stress even when you're successful. but a couple billion dollars can go a long way in helping you cope with the stress. No one can blame him. It's not like he knew one day Apple would be this big. After all, in hindsight, we are all geniuses.
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hisah		#6 Posted : Thursday, May 21, 2015 11:03:22 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		We should also remember that the same equity robust returns can be easily wiped out in a few minutes/hours/days when the market runs out of faith. Chinese Solar Maker Plunges, Losing Nearly $19 Billion in 24 Minutes $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mkonomtupu		#7 Posted : Thursday, May 21, 2015 11:19:58 AM
Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road		Ronald Wayne says he has no regrets he made the "best decision with the information available to me at the time" when Steve Jobs was fired as CEO back in 1985, Jobs sold one million, four hundred and ninety-nine thousand and ninety-nine shares of his stock. He only kept one share so he could continue to get his annual report.Asked if he had any regrets he said "Being the richest man in the cemetery doesn't matter to me….Going to bed at night saying we've done something wonderful…that’s what matters to me” 1993 interview with Wall street Journal It was the same thing James Mwangi said that money is only important for paying bills. You wear one shirt, sleep on one bed drive one car at a time. What really matters is playing the game not keeping the score. That is the thrill
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MaichBlack		#8 Posted : Thursday, May 21, 2015 11:23:34 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,468		whiteowl wrote: MaichBlack wrote: At $60 Billion (In Apple Stock Only) Ronald Wayne would be the 5th wealthiest person in the world behind Bill Gates, Carlos Slim, Warren Buffett and Amancio Ortega. Fifth Wealthiest in the world!!! But what does he do now? He sells stamps and rare coins. That one decision totally changed everything! And what's worse? He resisted Steve Jobs' attempts to get him to return!!! You can't really blame him. Not everyone is cut out for entrepreneurship, it comes with a lot of stress even when you're successful. but a couple billion dollars can go a long way in helping you cope with the stress. He didn't have to do anything!!!! He could have walked and kept the 10%. And in any case, his JD was to provide administrative oversight. But even after leaving, he couldn't have lost his 10%. See this story on the Graffiti artist who painted Facebook offices and chose to be paid in shares instead of $60,000/=. At the time of the Facebook IPO, those shares were worth hundreds of millions of dollars! Graffiti Artist could be worth $500 million! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack		#9 Posted : Thursday, May 21, 2015 11:33:42 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,468		mkonomtupu wrote: "Being the richest man in the cemetery doesn't matter to me….Going to bed at night saying we've done something wonderful…that’s what matters to me” 1993 interview with Wall street Journal It was the same thing James Mwangi said that money is only important for paying bills. You wear one shirt, sleep on one bed drive one car at a time. What really matters is playing the game not keeping the score. That is the thrill @mkonotupu - Do you know which people claim money is not important?? People with ridiculous amounts of money!!! I am sure you have heard of Maslow's Hierarchy of needs! Watu wa physiological na safety level wasijilinganishe na watu wa self actualization tafadhali!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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kayhara		#10 Posted : Thursday, May 21, 2015 12:16:43 PM
Rank: Veteran Joined: 5/5/2011 Posts: 1,059		now this guy is having a really bad day https://www.youtube.com/watch?v=CjgT8Af1kGc To Each His Own
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enyands		#11 Posted : Thursday, May 21, 2015 2:01:39 PM
Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya		kayhara wrote: now this guy is having a really bad day https://www.youtube.com/watch?v=CjgT8Af1kGc Hope that's not a sewage pit he fell into. TThat can be sad .I think he had concussion or something
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faa		#12 Posted : Thursday, May 21, 2015 4:54:49 PM
Rank: Member Joined: 5/8/2007 Posts: 709		kayhara wrote: now this guy is having a really bad day https://www.youtube.com/watch?v=CjgT8Af1kGc Made my day
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winmak		#13 Posted : Thursday, May 21, 2015 5:57:53 PM
Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru		MaichBlack wrote: mkonomtupu wrote: "Being the richest man in the cemetery doesn't matter to me….Going to bed at night saying we've done something wonderful…that’s what matters to me” 1993 interview with Wall street Journal It was the same thing James Mwangi said that money is only important for paying bills. You wear one shirt, sleep on one bed drive one car at a time. What really matters is playing the game not keeping the score. That is the thrill @mkonotupu - Do you know which people claim money is not important?? People with ridiculous amounts of money!!! I am sure you have heard of Maslow's Hierarchy of needs! Watu wa physiological na safety level wasijilinganishe na watu wa self actualization tafadhali!!! Aiii, sisi ndio watu wa Physiological needs? For investors as a whole, returns decrease as motion increases ~ WB
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