Carlos Slim Helu
July 31, 2011 Leave a comment
Carlos Slim Helu might have made it to the top of the Forbes List the second time in running but he is hardly known in India.Other than a few brief news pieces there has hardly been anything written about him in the Indian Press.
Now here is a man from an emerging economy who has made it to the top of the world rich list.The first to have done so.
His parents were successful in trade and business and so his family was well to do.But he multiplied the family fortune manifold by his own efforts.He was the 5th of 6 children and his father died when he was just 13 years old.However even before that his father gave him a good grounding in business skills especially in book keeping.Carlos made his first investment on his own in government bonds when he turned 13. Read more of this post
Brian Tracy cites a startling statistic:By age 65, out of 100 people, 1 will be wealthy, 4 will be financially independent, 15 will have some savings set aside and the other 80 will be flat broke, busted and dependent on others for survivals.
Here is a video “Money’s Prophets” based on Prof.Niall Fergusson’s work to balance out all the sinister acts attributed to the Rothschilds in ‘The Money Masters’.Do watch it.It will show an ambitious family rise from relative obscurity to the pinnacle of finance.It will show how they deliberately cultivated their social superiors till they could buy they way into the aristocracy.They might have been upstarts early on but soon they became the very establishment they worked so hard to enter.Undoubtedly they enjoyed the privileges that came from wealth and the proximity to power but it’s hard to see them as evil incarnate.Whatever motives others might choose to impute to them ,they probably saw their own actions as purely business.In fact if we consider the fact that they chose to diversify internationally as a protection against losses due to Anti-Semitic persecution it’s hard not to feel sympathy for them.Do watch this documentary and draw your own conclusions. 
wealthymatters 
The Money Masters
July 27, 2011 2 Comments
I had trouble sleeping last night and so watched ‘The Money Masters’ on the internet.I found this documentary pretty biased.But that’s not to say that the narrator didn’t make some good points.
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