Anil Ambani On Fitness


wealthymatters“I have been running long distance for many years. I do at least 100 km a week. On most mornings, I run alone before dawn, when the rest of Bombay is still sleeping. I don’t need an alarm to get up. No wake-up call, either. My body clock goes off at 3.30 or 4 a.m. and I get up and get out. I am in a kind of meditative trance when I run. And I run with my thoughts. Some of my brightest business ideas come to me when I’m running by myself.

I have heard about the loneliness of the long-distance runner, but I don’t know about it. When I am running, I am focused on my speed, my timing, and the distance I intend to cover. I don’t really care at that moment what is happening elsewhere. Sometimes I have people running with me for company. They are either faster or slower than I am. Or I run with friends at a pace that makes it easy for conversation. Sometimes I listen to music. It really depends on my mood at the time. Read more of this post

J Paul Getty On Practices And Habits


wealthymatters“The individual who wants to reach the top in business must appreciate the might of the force of habit and must understand that practices are what create habits. He must be quick to break those habits that can break him and hasten to adopt those practices that will become the habits that help him achieve the success he desires.”- J. Paul Getty

Be Nonconformist


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“No one can possibly achieve any real and lasting success or “get rich” in business by being a conformist.”-J.Paul Getty

Crude World


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“The meek shall inherit the Earth, but not its mineral rights.”-Jean Paul Getty

“I Buy When Other People Are Selling.”


wealthymattersJ.Paul Getty is one of  the world’s greatest success stories. The wealth he amassed in his lifetime was stupendous-estimated at roughly 1/900th of the entire U.S. economy. Today that would equate to $160 billion.

Getty got his start in the windswept oil fields of Oklahoma. In 1914, at the age of 21, he became a wildcatter, searching for oil in some of the most unforgiving land in the country.By the time he was 23, Getty had earned his first million (although $1 million in 1916 would be worth about $20 million today). But J. Paul Getty was not just an oilman. While he did make a fortune drilling for oil, he also made a fortune in a completely different place — Wall Street.As he put it.“In the Depression I did what the experts said one should not do. I was a very big buyer of oil company stocks.”

Consider the the story of Tide Water Associated Oil Co. Getty first bought the shares in 1932, in the middle of The Great Depression. The Dow had dropped from a high of 380 in 1929… all the way down to 40 — a fall of nearly 90% in three years. Investors had dumped everything. No one was buying stocks.Getty first bought shares of Tide Water at just $2.12 per share. Five years later, they traded above $20. And this is just one example of his success. Some stocks he owned grew to 100 times the value he originally bought them for. Read more of this post