Train Yourself To Look At The Dark Side

wealthymatters“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

“I can’t pick the tops, but I can pick the bottoms.”

wealthymattersJeff Sandefer was once my teacher in school.Since graduating from Harvard Business School in 1986, Sandefer has had many successful business ventures, amassing a personal fortune of hundreds of millions of dollars.

Here is the story of how this Texas oilman acquired 17 billion barrels of Australian shale oil reserves in a controversial deal that eventually generated roughly $150 million for his philanthropic organizations. Those nonprofit groups now play a major role in Sandefer’s efforts to change higher education in Texas.

Confidentiality agreements prohibit Sandefer from revealing details of the Australian play. He says he can’t even confirm the identity of his partners, the Ziff brothers of New York, even though their involvement is widely known.

Some in the Australian media have portrayed Sandefer’s 2003 investment in Southern Pacific Petroleum as a calculated ploy to force SPP into liquidation and hijack the company’s vast reserves and technology. Read more of this post

An Explanation


Dear Readers,

Thank you for all your kind enquiries about my wellbeing.Let me hasten to add that all is well with me.The reason I have been blogging in so sporadic a fashion on wealthymatters is my preoccupation with #MumbaiMetroMess.

Last September I met Vinit Goenka during the BigRock-Indiblogger event.I am interested in governace and thought I might go see what his e-governance was all about.I was disappointed to discover that his vision of e-governance was nothing but e-government and that too of a very centralized,top-down variety.But I happened to discover the digital citizen’s movement-#MumbaiMetroMess then. Read more of this post

A Simple Small Way To Give


A Good Use Of Money


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