For Whom Wealth Matters
January 28, 2016 6 Comments
“I care deeply about making money. I want to know I’m not losing it…. The most important thing for me is that defence is ten times more important than offense… You have to be very focused on the downside at all times.” – Paul Tudor Jones
If you lose 50%, it takes 100% to get back to where you started- and that takes something you can never get back: time.
January 25, 2016 8 Comments
Now that you have the facts at hand, wait patiently no matter how hard it seems. Master stillness and you are well onto your way of becoming wealthy .Combine stillness with swiftness and decisiveness when right and you can’t but be wealthy.
BTW: Bhavikk’s office mates have a term for when a person can’t sit still when its best they should-behaving like Baba Ramdev!
January 23, 2016 Leave a comment
“Recognising a problem is an invitation to do something about it. That is the main lesson I learned from the formative experience of my life, in 1944, when the Nazis occupied Hungary. I might not have survived if my father hadn’t secured false identification papers for his family (and many others). He taught me that it’s much better to face harsh reality than to close your eyes to it. Once you are aware of the dangers, your chances of survival are much better if you take some risks than if you meekly follow the crowd. That is why I trained myself to look at the dark side. It has served me well in the financial markets and it is guiding me now in my political philanthropy. As long as I can find a winning strategy, however tenuous, I don’t give up. In danger lies opportunity. It’s always darkest before dawn. ” – George Soros
wealthymatters 