If stocks return an average of 10% per year over the next 25 years, a $10,000 investment would turn into $108,347. But if average
Quotes
supermodel money lost by lottery playing stepdad
Supermodel Maggie Rizer’s stepfather embezzled $7 million from her; but this is what she said about him: I think John is a good person
Dean Karnazes, Ultra marathoner
Dean once ran 100 miles to the starting line of a marathon; ran 135 miles through Death Valley; ran 262 miles ‘out of body
Modeling
Modeling, all great models will tell you, is hard work. Of course, the hard work comes after you’ve won the genetic lottery, and after
Maggie Rizer, Model
Tom Lasorda, CEO of Chrysler, His father’s rise to top of union
His dad worked his way up through the union ranks. He was the second vice-president. Some employee was fired by the company, and he
Profits vs Wages
For each dollar pulled in by business, about 6 cents is after tax profit, and about 60 cents is wages. In 2002 national income,
Buffett, Intelligence
Berkshire Hathaway chief and investor extraordinaire Warren Buffett said in a 1999 interview with Business Week, ‘Success in investing doesn’t correlate with IQ once
Buffett
According to his partner, Charlie Munger, Buffett has the following attributes: – mental aptitude – Intense interest, and from a very early age –
Economist Walter Williams, On why people are rich
For the most part, in a free society, people who are wealthy have become so through effectively serving their fellow man. Cyrus McCormick and