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George Soros :Exposed

  
Education, Life, Video

Glenn Beck shared some “scary” “secrets” about George Soros. Though Beck did not do the entire thing with the lights off and a flashlight under his chin, he might as well have. That’s how pants-pissingly scary it was. For instance– did you know Soros is just a stage name? Jorge was really born “George Schwartz.” And that’s not all.

Beck also informs us that Soros started the Quantum fund “to attack currencies across the world,” that “he’s waged a war against capitalism,” and that his next target? “Is us. America.” Beck ends on terrifyingly ominous note: “There’s a lot more meat here I need you to do your homework on.”

20 Timeless Money Rules

  
Analysis, Education, Life

1. Be humble
When you do not know a thing, to allow that you do not know it–this is knowledge.
–Confucius

2. Take calculated risks
He that is overcautious will accomplish little.
–Friedrich von Schiller

3. Have an emergency fund
For age and want, save while you may; no morning sun lasts a whole day.
–Benjamin Franklin

4. Mix it up
It is the part of a wise man to keep himself today for tomorrow and not to venture all his eggs in one basket.
–Miguel de Cervantes

5. It’s the portfolio, stupid
Asset allocation…is the overwhelmingly dominant contributor to total return.
–Gary Brinson, Brian Singer and Gilbert Beebower

6. Average is the new best
The best way to own common stocks is through an index fund.
–Warren Buffett

7. Practice patience
It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
–Edwin Lefevre

8. Don’t time the market
The real key to making money in stocks is not to get scared out of them.
–Peter Lynch

9. Be a cheapskate
Performance comes and goes, but costs roll on forever.
–Jack Bogle

10. Don’t follow the crowd
Fashion is made to become unfashionable.
–Coco Chanel

11. Buy low
If a business is worth a dollar and I can buy it for 40 cents, something good may happen to me.
–Warren Buffett

12. Invest abroad
The World is a book, and those who do not travel read only a page.
–St. Augustine

13. Keep perspective
There is nothing new in the world except the history you do not know.
–Harry Truman

14. Just do it
It takes as much energy to wish as it does to plan.
–Eleanor Roosevelt

15. Borrow responsibly
As life closes in on someone who has borrowed far too much money on the strength of far too little income, there are no fire escapes.
–John Kenneth Galbraith

16. Talk to your spouse
“In every house of marriage there’s room for an interpreter.”
–Stanley Kunitz

17. Exit gracefully
Only put off until tomorrow what you are willing to die having left undone.
–Pablo Picasso

18. Pay only your share
The avoidance of taxes is the only intellectual pursuit that carries any reward.
–John Maynard Keynes

19. Give wisely
The time is always right to do the right thing.
–Martin Luther King Jr.

20. Keep money in its place
A wise man should have money in his head, but not in his heart.
–Jonathan Swift

Never hurts to learn from people smarter and/or more experienced than yourself . . .

These are always great

  
Analysis, Education, Life
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Washington Post’s Mensa Invitational which once again asked readers to take any word from the dictionary, alter it by adding, subtracting, or changing one letter, and supply a new definition.
the winners were:

  • Cashtration (n.): The act of buying a house, which renders the subject financially impotent for an indefinite period of time.
  • Intaxication: Euphoria at getting a tax refund, which lasts until you realize it was your money to start with.
  • Reintarnation: Coming back to life as a hillbilly.
  • Bozone (n.): The substance surrounding stupid people that stops bright ideas from penetrating. The bozone layer, unfortunately, shows little sign of breaking down in the near future.
  • Giraffiti: Vandalism spray-painted very, very high.
  • Sarchasm: The gulf between the author of sarcastic wit and the person who doesn’t get it.
  • Inoculatte: To take coffee intravenously when you are running late.
  • Hipatitis: Terminal coolness.
  • Osteopornosis: A degenerate disease. (This one got extra credit.)
  • Karmageddon: It’s when everybody is sending off all these really bad vibes, and then the Earth 
    explodes and it’s a serious bummer.
  • Decafalon (n.): The grueling event of getting through the day consuming only things that are good for you.
  • Glibido: All talk and no action.
  • Dopeler effect: The tendency of stupid ideas to seem smarter when they come at you rapidly.
  • Arachnoleptic fit (n.): The frantic dance performed just after you’ve accidentally walked through a spider web.
  • Beelzebug (n.): Satan in the form of a mosquito, that gets into your bedroom at three in the morning and cannot be cast out.
  • Caterpallor (n.): The color you turn after finding half a worm in the fruit you’re eating

10 Things We Can Learn from Charles Darwin

  
Education, Life
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1. Bear in mind at the outset that when Darwin was asked by Galton to fill out a questionnaire concerning his main talents in the 1850s, Darwin said his main talent was speculating in the consols.

2. Darwin established a routine. Every day was mapped out the same way for 40 years. Walk before breakfast, work until 11 am. Walk the dog. Listen to wife Emma read the family letters. Lunch. Read the newspapers (to check on his holdings and plan future speculative undertakings and to see what important flexions he could get on his side. Take a nap. Work from 4:30 to 6:30. Small dinner. Play backgammon or billiards. Listen to wife play piano. Such a routine enables you to speculate when you are prepared and not to let emotions interfere.

3. He listened to music every day. The wife played very well. An interlude to take the mind off the fray of the day, and to enjoy another language, gives one insight into the battle for investment survival.

4. Play some backgammon with the kids. Important to stay young at heart or else you’ll be unable to adjust to the new things and ever changing cycles.

5. He had a secret mirror to warn of the approach of uninvited guests so he could absent hide and pretend not to be home. (Gino Paoloochi had a similar trick, although he often supplemented it by always wearing a hat so he could say “of glad to see you. Sorry I am just going out.”) (more…)

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