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  1. #61
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    But yea, it would be good to be on the other side of the coin.

    ie be the casino.

    You would more easily get a billion that way.
    Join my gamma group on facebook:
    http://www.facebook.com/groups/edit....id=63943661343
    Thats if you are either ENTJ, ISFJ, ESFP or INTP

  2. #62
    Queen hunter Virtual ghost's Avatar
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    You vote for G.W.Bush and then for Obama and wait for inflation to do its thing.

  3. #63
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    Move to Zimbabwe.

  4. #64
    DoubleplusUngoodNonperson
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    Contrarian investing - Wikipedia, the free encyclopedia

    "Warren Buffett is a famous contrarian, who believes that best time to invest in a stock is when shortsightedness of the market has beaten down the price."

    This is precisely how I've invested successfully before, but I need to become much better at it. Most I made off this rationale/strategy was 80 bucks on Merck over a 72 hourish window..... the stupid cattle of investors who are swayed by great massive moments alone, and have no dialectic, and thusly no proper concept of "market", will behave very predictably at times... almost like mechanical animals The trick is to put on your INT hat and think, "How are people thinking and/or being stupid today?" "How does their anxiety skew their view of reality, now in 2009?" The answers that follow are your key to finding oversights in the markets.

    ......Gowshd, I'm misanthropic lately!

  5. #65

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    Quote Originally Posted by cloud View Post
    Without any hardwork?

    I do not want to climb the corporate ladder.
    Be extremely lucky. I don't think there is another way without hard work.

    You can work "smarter" to some extent, but I don't think that without luck, you can get away from hard work.

    Though I think you can work hard in your own enterprize on not have to climb the corporate ladder.

    Accept the past. Live for the present. Look forward to the future.
    Robot Fusion
    "As our island of knowledge grows, so does the shore of our ignorance." John Wheeler
    "[A] scientist looking at nonscientific problems is just as dumb as the next guy." Richard Feynman
    "[P]etabytes of [] data is not the same thing as understanding emergent mechanisms and structures." Jim Crutchfield

  6. #66
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    Quote Originally Posted by cloud View Post
    renewable energy is extrmely capital intensive. it is probably not a good option to pursue unless ytou have the know-how. The common people do not buy green fuels unless peak oil or peak coal is reached and there is no other opiton.

    I think seeing the connection between labor and consumption is essential to any successful business.
    If you want to make billions this will be your best legitimate bet in the near future. It depends on what areas you are talking about that make it labor intensive.

    The labor and consumption connection is easily visible to anyone with half a brain who is taking the task of building a business even half-serious.

    Also based on your posts you seem to take the theoretical view on business and economics over the real world application. There's a reason why they say "those who can't do teach" Believe me I love theory as much as anyone but the system is not going to spit money out at you simply because you take a somewhat meta view of it. You will have to engage the system to actually get any reaction from it. Look for loopholes and exploit. Be ahead of trends and push them in your direction, harness other's abilities for your own ends, yada yada yada.

    It sounds like your best bet would be to build a cult around your challenging death idea and then to extract money from your followers through various avenues. Still going to have to work hard though.

  7. #67
    Nips away your dignity Fluffywolf's Avatar
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    The inventor of scientology makes billions by exploiting peoples profound ability to act irrational.

  8. #68

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    Quote Originally Posted by Fluffywolf View Post
    The inventor of scientology makes billions by exploiting peoples profound ability to act irrational.
    The inventor died in 1986, and his net worth at 4 years before his death was estimated to be just in excess of $200 Million--a long ways away from $1 Billion. Even he seems to have had a good amout of luck and hard work in his life.

    Accept the past. Live for the present. Look forward to the future.
    Robot Fusion
    "As our island of knowledge grows, so does the shore of our ignorance." John Wheeler
    "[A] scientist looking at nonscientific problems is just as dumb as the next guy." Richard Feynman
    "[P]etabytes of [] data is not the same thing as understanding emergent mechanisms and structures." Jim Crutchfield

  9. #69
    Babylon Candle Venom's Avatar
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    i think this would be a much more useful topic if it was


    "how can I make 50 million?" im not even close to a socialist, but hardly anyone really needs more than 50 million to retire and live filthy rich (you could live off of your investments at that point).

    So how bout it? Best ways to make 50 million? I have some thoughts i might post later...

  10. #70

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    I could live off of nothing but interest with $4.5 Million in California.

    It'd probably be even less if I moved to Oklahoma (for some reason, I dream about moving to Oklahoma and retiring),and definitley less if I move back to India.

    Accept the past. Live for the present. Look forward to the future.
    Robot Fusion
    "As our island of knowledge grows, so does the shore of our ignorance." John Wheeler
    "[A] scientist looking at nonscientific problems is just as dumb as the next guy." Richard Feynman
    "[P]etabytes of [] data is not the same thing as understanding emergent mechanisms and structures." Jim Crutchfield

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