I WISH I WAS A GOOD ENOUGH HEADLINE WRITER SO I COULD BE SURE YOU WOULD WATCH THIS
Hi Gang
Usually I just stick to Internet Marketing, Guitars and, of course Fashion…
But today - I need you to watch something REALLY important. You NEED to understand what is really going on in the economic world. Make no mistake - there are issues - BUT- The same technology that we use to market our wares can be used to create fear and panic like we have never seen in history. I have a lot to say on this - but that will have to wait.
You know I just read Annabelle the story of Chicken Little, at the moment, the world is full of Chicken Littles
There are a handful of Foxy Loxy’s…
And Warren Buffett is the most benevolent and successful Foxy Loxy there is
You need to do two things…
1. Watch this video (and tweet your friends to watch it)
and
2. Pull out your kids copy of Chicken Little and read that too
Then Pass this on and make sure you get your friends to do it to.
Ed
Tags: WarrenBuffet, Ed Dale, Internet Marketing, Economy
October 6th, 2008 at 6:11 pm
Here is the story of Chicken Little.
http://www.edsanders.com/chickenlittle/
Bottom line is lighten up!
The world is in a state of change, do not fear change, change is natural and while the unknown can be scary at first, you can get to a happy ending. Be like the King and have a good laugh at it all!
All the best
Ricky
October 7th, 2008 at 10:37 am
Man, I am scared, but Excited at the opportunities on the way, I just hope I can recognise them when they show up!!
Thanks for this, I understand a little better now, I shall watch the vid again & pimp out my squidoo lens http://www.squidoo.com/areyouchickenlittle to spread the word.
October 7th, 2008 at 10:40 am
yes, I like the chicken little analogy (and the headline even more!).
It’s all a very worrying time for many, and like Frank Kern quoted someone else on: “people are walking around with their umbilical cords hanging out, waiting for someone to plug into…” I think now people are desperately rushing around looking for someone to plug into and get advice from on the current situation.
all the best,
Tony.
October 7th, 2008 at 12:25 pm
I always find it fascinating listening to Buffet. He has some simple rules that he just keeps to.
I remember during the dot com bubble that everyone was calling him old hat and that his methods were failing etc etc… Now everyone comes back and says ‘he’s god’ what should we do. I just wish that I was not so affected by other people’s lack of common sense with borrowing and lending.
Anyway thanks for the link Ed.
October 7th, 2008 at 6:18 pm
Ed, thank you for caring, and bringing this is our attention. It is people such as Yourself and Warren Buffet that make the world a better place. Now what ARE we going to do about the presidency????
October 8th, 2008 at 3:55 am
Watched almost the whole video. I get the point of chicken little - but why is this so important to watch? We’ve heard this all before or maybe I’m missing something? Seriously, not being sarcastic.
October 8th, 2008 at 10:57 am
I think it is slowly going to affect the world as the fallout waves out. Personally, we’ve been hit hard this year already.
I think it will hit the internet marketing system as more and more people are laid off/ denied credit/ needing to find a new way to get some income. So there will be more competition out there and fewer people willing or able to use credit cards to buy anything.
I’ts a sad time for Americans. It’s amazing that our neighbors’ spending habits can affect us so profoundly.
October 8th, 2008 at 11:26 am
Ok,
I watched the vid 3 times and now I get it,
I just need to climb over my own mental barriers and take action.
See you next year!!
October 10th, 2008 at 6:17 pm
Warren Buffet knows and follows true fundamentals. He’s been sitting on cash for years and others have been chastising him for not jumping into the markets.
Great interview thank you for sharing.
Doug
October 10th, 2008 at 6:57 pm
Thanks for the email Ed. I love listening to Warren Buffett. Love Mark’s comment. Simple rules.. Stick to them.
October 10th, 2008 at 7:14 pm
Warren is truly a brilliant and caring man. His wisdom comes from a place of honesty, and smart/hard work. It’s very clear that he cares about OUR country, and he wants to see US rebound and come back even stronger.
Wouldn’t it be nice to have the members of the U.S. Congress confront their ingnorance, immaturity, and egos, and admit that they have been screwing a lot of people for a very long time, and that they bicker like children in a schoolyard fighting over toys, when all the while they are toying with OUR lives.
They need some Warren Buffet common sense (vitamins or something) and they need to act on that common sense, in the best interest of the American people, and the rest of the world.
It’s true, but also scary, “When the United States Sneezes, the rest of the World catches a cold, too.”
(I got that quote, or something very similar to it, from an episode of Miami Vice, years ago. But it’s true…)
Thanks for posting the video, Ed. You’re a good egg
Dr. Mike
October 10th, 2008 at 7:16 pm
I am NOT one who would EVER watch something about money, economy or anything like that.
I have no interest in it, but I FORCED myself to watch this and I must say, VERY INTERESTING
and USEFUL!
~Laura
October 10th, 2008 at 7:59 pm
[...] to Ed Dale’s blog, I saw this very interesting video interview to Warrent Buffet by Charlie Rose. The interview was [...]
October 10th, 2008 at 8:20 pm
Thanks for the post Ed. Great to hear Warren’s take on things.
October 10th, 2008 at 8:43 pm
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October 10th, 2008 at 9:24 pm
…ok, so we’re all focusing on money… WAKE UP EVERYONE!!!
http://video.google.com/videoplay?docid=7065205277695921912
October 10th, 2008 at 11:20 pm
I must be missing something here. “…a wonderful, compassionate, wise and gentle soul.”? “VERY INTERESTING and USEFUL”? Blah, blah, blah…
Let me get this straight: This guy, who has made billions of the American mercantile system (government in bed with big business), is advocating that we give the very people who got us into this mess (Federal Reserve a.k.a. private monopoly/cartel bankers protected by the power of the American federal government) more power and more authority to make more money?
Please.
Folks, look at the facts:
Since its inception in 1913 it has presided over the crashes of 1921 and 1929; the Great Depression of 1929-1939; recessions in 1953, 1957, 1969, 1975 and 1981; a stock market “Black Monday” in 1987: this past month’s “panic”/rescue/bailout (a.k.a Bank Robber Barron Bailout); and a 1000% + inflation which has destroyed more than 95% of thee dollar’s purchasing power.
Over the past 95 years, after repeated changes in personnel, after operation under both political parties, after numerous experiments in monetary philosophy, after almost one hundred revisions to its (Federal Reserve) charter, after the development of countless new formulas and techniques, and after countless opportunities to work out mere procedural flaws, the system has proven itself doomed to failure. Yet, you think that Warren is right by saying that the taxpayer should bail out the failed businesses and not let the market correct itself?
Yet today (10/11/08), the market knows that the hope in the “Fed” is futile. Was the 3-4 trillion that Warren advocated and the failed business got from the tax payer enough? Oh, no, of course not. Now they want more. They no sooner passed that first bailout when they insisted on another (I have a letter from Senator Obama that tells me just that, written the day after the bailout.)
Was Warren right? “What if it doesn’t work?” (24 minutes in the video) NO! HE WAS DEAD WRONG! Yet “smart” people want more advice from the fools who have been driving this ship for the past 95 years!
Albert Einstein once said “The definition of insanity is doing the same thing over and over again and expecting different results”.
If there is one thing the past 95 years has taught us is that centralized planning and a managed economy does not and indeed can not work as well as the free market. I know Mr. Clinton blames the free market and “deregulation” for this mess, but I dare you to tell me what departments were “deregulated” and who was put out of his cushy government job because of all of this supposed “deregulation”.
October 10th, 2008 at 11:37 pm
In times of crisis, hindsight clearly shows what went wrong. Albert, you hit this on the head more than anyone else, but it’s a messsage no one wants to hear. Greed and failed leadership have brought us to this time, but we allowed it to happen because money was so freely available. No one said, no I can’t afford that right now.
I’ve written extensively about this on my blog, SwanJournalforWomen.com in the posts “Truth or Consequences” and “The Fox and the Goat, who do you trust?” Ron Paul has been a voice of reason no one wants to listen to and Nouriel Roubini, referred to as Dr. Doom, predicted this financial crisis back in February, 2008. This is a wake up call.
But in adversity there is always opportunity. This is the time for vision and leadership. This is your time.
October 10th, 2008 at 11:42 pm
One more thing. Warren Buffett is a brilliant businessman. He had over $30 billion in cash set aside for such a downturn in the markets. He has loaned his money to Goldman Sachs and others for a tidy 10% interest rate.
Lessons learned: Prepare, don’t predict. Take advantage of opportunity.
October 10th, 2008 at 11:56 pm
Thank you Ed for this. I’m grateful you cared enough to post this and send it out. I look forward to grabbing a coffee and taking it in tomorrow.
October 11th, 2008 at 12:09 am
So the point is “don’t worry, everything’s covered. Did I get that right? I actually only watched about 10 minutes, and then I listened. It didn’t look like an action packed presentation, honestly.
Seriously, the best line I heard was Buffet saying we should be greedy when everyone is scared, and scared when everyone is greedy. Then he said everyone is VERY afraid, so it is REALLY REALLY REALLY time to invest, be greedy, push every button we can push. If I can get some feedback on the Edge Forum, I’ll do that precisely.
Steven
October 11th, 2008 at 12:19 am
Well said @Albert. If you’re reading this then you have the opportunity to wake up (if you haven’t already) to the fact that we are all enslaved into a system that is completely unsustainable. Try googling “Zeitgeist: Addendum” and check out the video. Perhaps it will awaken a deeper truth to the “truth” that you already know.
Yes, we need money right now to survive, and it’s great that we can use the Internet to earn a living. BUT, if you were to take your head out of the sand and look around you will see that the system is collapsing all around you and there are some horrific things happening to your brothers and sisters at the expense of this.
We ARE all one!
“Red pill, or blue pill?”
October 11th, 2008 at 12:44 am
@ Dr Mike
> It’s true, but also scary, “When the United States Sneezes, the rest of the World catches a cold, too.”
Wait till Asia has taken the lead and sneeze. Then the rest of the World, including the US, will catch a cold. ;O)
October 11th, 2008 at 1:58 am
Hi Guys,
Thanks Ed, I’m a nuwbie here, and I just got on the wagon, but I’m ready for the ride. So far I’ve been enjoying
all the videos training, you guys are great. Keep up the great work.
October 11th, 2008 at 2:10 am
This is a very valuable perspective for moving our economy and our future. Either McCain or Obama will go through the next 4 years as president, but we will also go through the next four years of *our* lives.
Back at you with a companion video interview with another Warren Buffet interview with Charlie Rose.
I am a Mac guy and only do programming for Win32 platform for clients when necessary, but set aside your prejudices and preconceptions about Microsoft for 60 minutes.
This is from 2 1/2 years ago, but adds an amazing perspective from those at the top. Also note the reference to promoting ‘micro lending’ in third-world countries, which we know is a very good thing. The 30DC is following in the footsteps of Mr. Buffet.
http://www.youtube.com/watch?v=XkyEfqjbp8U
October 11th, 2008 at 4:24 am
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October 11th, 2008 at 6:43 am
Thanks for this powerful piece Ed!
You’ve prompted me to dig up the old info I’ve been holding onto. It now makes a lot more since to post this on my video blog. CoachMyParents.com has a link to a piece called: “Got 2hrs 4 Your Child’s Future?” You’ll also find it right here: thesavvyparentcoach.wordpress.com/2008/10/11/got-2hrs-4-your-childs-future/.
Compare and contrast Buffet’s talk with the two videos you find there. I’d love to keep this kind of dialogue in play!!! You rock for getting it started!
Believe well!
Adelaide Zindler, B.S., Fp
The Savvy Parent Coach
Executive Producer and Host
***Savvy Parent Radio***
http://Www.CoachMyParents.com
where life long learners launch!
October 11th, 2008 at 8:19 am
[...] first thing about the world financial crisis, that I have to say today is go watch This Warren Buffet video. You’ll probably learn a few things you didn’t [...]
October 11th, 2008 at 9:05 am
Warren Buffett has a way of explaining complex issues is simple terms.
This is a great insight into what is going on.
There are some videos on Youtube of him giving a talk to MBA students in Florida that are well worth watching for his ideas on business and investing.
October 11th, 2008 at 9:07 am
Thanks for the video, Ed. I learned alot of useful information and see what your email was talking about. As a person hit really hard by the real estate debacle and one who tried to tell people their houses were selling too high and getting slapped for it, I am going to take this information and “Buffet” it. He does share some great insight about the up and coming future - more pain, more possible gain. Time is now to take action. Thanks for the heads up! As usual you are very insightful.
October 11th, 2008 at 9:23 am
Very interesting. Warren Buffet is always wise and explains things in simple terms. It is obvious why he has made billions. He will make more billions from this current crash too! Is that a good thing? I dunno! However his money may well be a corner stone of confindence in a new market. He’ll make billions but he could just well help everyone else along the way.
October 11th, 2008 at 10:46 am
I live in a studio apt. in upstate New York for $805 per month because I couldn’t afford a house. Little did I know that people were getting these great deals. Half the foreclosures in California were to illegal aliens. HUD was well aware and encouraged this. Well my life savings is all in cd’s and I’m on workers compensation so I’ve tightened the belt for years now. Everybody should be frugal until this thing is workered out. You may find that you have to help a family member or friend and don’t overlook thrift stores for cloths. If you have a lot of money it is a good time to invest and let it grow for retirement. Otherwise be safe with cd’s. I have been able to save by using this system. I get direct deposit. then I take out just alittle cash cause if you have cash you’ll spend it. Then I use my credit card for everything like gas,groceries,medical appointment,the pet store,even stamps. And I pay it off monthly and I get to see where my money went. I’ve found this methoud has helped me save thousands while on workers compensation disability which isn’t very much. Try it and make getting a cd your next goal. Now thats something that works!!!Its the best saving system I have ever used and I now have a nest egg for retirement. I just need to find a cheaper place to retire. Don’t be scared…learn to save with my method.
October 11th, 2008 at 12:09 pm
Hi Ed!
I didn’t watch the entire video because when I scrolled down the page while listening to the interview, I read Albert Gallatin post, and I thought man… here is someone savvy about the whole mess!!! I mean why are people in the US crying for help when obviously they fail to recognize the entire problem is caused by a group of ruthless gangsters hidding behind a cabal of thieves called the Federal Reserve System.
Recessions and depressions rest solely on the money supply available in the economy! Who control the money supply control everything… a country, the economy, national debt, national security, when to go at war - you name it, even recessions and depressions! As of now the Fed which is a cartel of private owned corporations runned by Rockeffellers and associates control the money supply in the US and not the US government. They create money out of thin air, and they are responsible for all these bubbles in the economy because of too much liquidities moving around. The Federal Reserve created the crash of 1929 after inflating the money supply in the US by 62%, and by crashing the stock market thereafter. After the crash the Fed tightened the money supply which led the country to the depression of 1933 that lasted until 1945 after WW2! It wasn’t natural; it was artificially man-made!
Now they are planning for a bigger depression that designed to cripple and crush the global economy, and destroy the US economy in the end! The US dollar will eventually collapse because of too much money moving around. Countries selling goods to the US are exchanging goods with real value to a piece of paper (the US dollar) with no real value! The world holds 70% of the dollar reserve, and yet the US dollar is not backed by gold or silver! It’s just a piece of paper. When these countries decide to exchange those dollars they are holding for something of real value, they wont find something to exchange with. So at one time they will dump the US dollar because it’s inflated money in their hands, they don’t want anymore! They will eventually send back those trillions of dollars back to the US, which will cause a hyperinflation in the US, which will collapse the US dollar, which will destroy the savings and the pension funds of average American citizens in the end and ruin the entire US economy!
There is a way out however. People need to wake up right now and demand Congress repeal the Federal Reserve Act of 1913 which led to the creation of the Federal Reserve System!
Here are interesting links I found regarding the matter:
http://www.youtube.com/watch?v=Mc3AkrES3ew&feature=related
http://www.youtube.com/watch?v=NKl3mZG6KzM (watch part 2 & 3)
http://www.youtube.com/watch?v=NsLiS8UlZyo
http://www.youtube.com/watch?v=-KiB-bI-vMc&feature=related
http://www.youtube.com/watch?v=z2jiA_DXxGI (make sure to watch the entire “The Money Masters” files!)
http://www.youtube.com/watch?v=nNumEm2NzQA&feature=related
Cheers and God bless!
http://www.youtube.com/watch?v=Ek7zc0lJxbM&feature=related
October 11th, 2008 at 12:55 pm
Brilliant Warren as usual. If we follow his ideas about money and investment, you are sure to invest intelligently. Thanks Ed for sharing this interview.
October 11th, 2008 at 12:57 pm
Thanks for posting this interview.
It was refreshing to experience Buffet’s upbeat attitude and confident perspective.
I certainly got a chuckle from his reference to “innovators, imitators, and idiots.”
October 11th, 2008 at 2:05 pm
This was a great interview..Mr Buffet was on the money when he said you need to first understand the human animal, greed and fear is natural….listen the man he is on the money
October 11th, 2008 at 6:22 pm
Thanks Ed, I get your point entirely, its all about confidence. Its a shame people fall into “The Sky Is Falling” mentality, lets focus on a postive outook on our country, our people, our selves and our potential.
October 11th, 2008 at 6:57 pm
It’s perfectly acceptable for his (W.B.’s) position to invest now - he has seen coming this for long and - waiting - following old rules of capitalistic attitudes. And this nobody can deny: Warren is a capitalist profiting from the mistakes and failures of others.
Even though I feel much more comfortable with the fierce and angry reaction of Mike Adams who puts a high percentage of responsibility and therefore guilt on the scales of the Federal Reserve in his NaturalNews.com site and Blog. He even offers a free special report that covers the aspects of the ‘real’ people - the 95% who won’t be able to profit now as they either don’t have he success and the money to do so or who are even deeper involvréd as they are losing bitterly these days and weeks - who are going to pay with their 9 to 5 jobs, the loss of their homes and their security schemes. But even more eye opening is his hint to click through to the Wiki article on the United States Public Debts. Everyone who has watched the WB video should read that article although it is not totally up to date.
What about getting back some of the profits by higher taxation of that small 5% group and investing into the people, their education, and health - something Hillary Clinton intended to do some ages ago already?
October 11th, 2008 at 9:40 pm
Good video - produce more than you consume - simple but true. Thanks Ed!
Napoleon Hill wrote part of Think and Grow Rich during one of the depressions.
What an apt word - if you’re depressed, you lack the collective enthusiasm to create.
Like after war, it comes back to cutting the dead wood then rebuilding and creating as soon as possible.
October 11th, 2008 at 10:03 pm
Warren Buffet is a realist in monetary matters and in politics. He answered a very real question we all should ponder. That question was as follows:
If the athlete on the floor (his analogy of America flat on her back) needs a blood transfusion who is in the best position to give it to him? Is it the 95% of us who are struggling to hold on or the rich.
Warren says quite clearly taxes should be raised on people like himself. People who are very comfortable in these times and can more than afford the tax hike.
He even went so far as to say who his presidential pick is based on this criteria.
I could not believe my ears that Warren Buffet is for an Obama Presidency. This is the real mark of a Patriotic American,when America comes first!
I think we should all listen to this recording again to hear what the richest man in the world is saying to all of us about money and politics. And then do what we must do as Americans!
October 11th, 2008 at 10:10 pm
Listening to Warren has helped restore my confidence in the market.
It is a great feeling to be released from the fear mongering that is dominating the news today.
Larry
October 11th, 2008 at 10:37 pm
Gosh, Albert.
I hope you don’t keel over from high blood pressure, the result from eating all those cheese burgers and fries.
Because if you do, we might have to open up that dialogue of why you did it and maybe you shouldn’t have, instead of treating you immediately. Yes, there has been an excessive amount of greed mongering to get our Country into the mess it’s in right now. But you know what, I can’t imagine living in any other country. We may not live in a perfect governmental society, however I truly think that our democratic principled government is far better than any socialist type regime out there. When you try to govern 250 million individuals, to create a system for education, schools, food, housing, transportation, and the like…..there are going to be serious errors made by people in the positions to benefit. That’s a fact. Perfect world, perfect people. I think not. Let’s get on with the bailout. Then let’s figure out why you ate so many cheese burgers.
I love my Country.
October 12th, 2008 at 3:50 am
This should get you angry! This is a waaake up call everyone! And active to take care of each other and yourselves Hellooo?!!!!!!Thanks Ed very much.
WB states quite clearly that USA is making a choice between fluidity now (the bailout) at the very likely risk of inflation later…
WB states -(Its crazy) I’ m paying the lowest tax rate ever -Ive never had it so good! And he also states that -Forbes Fortune 400 companies are paying the lowest tax rates-lower than their secretaries/cleaners etc. He says he/other high earners should be paying more tax …Hes recommending that the middle lower income earners need to have injection of cash for spending power.20% USA people earn less than $21000 year.
Capital gains tax is 15% yet he pays no payroll tax…His workers,his cleaner does but he himself he’ s never had it so good!His words.
He says this is because income from investments is taxed much lower than income from labour are you going to get the tax from the lower earners or the higher earners? You got to get the tax from somewhere. He states that over past 8 years less and less income tax from highest percentage of earners. His office is paying it but not himself. He doesnt pay payroll tax. Helloooo?
The bailout will cost you alooot long term into the future. When you get your new govt, you need to demand that the tax is taken from people like WB even he says so!
This must get us all thinking Im letting others make these decisions in their own interests, Ive just let them…this is the result, now Im going to get wise…Ed-ucate.
heaps of love, Ruth
October 12th, 2008 at 8:58 am
Something people tend to forget with all this is that there is nothing new under the sun. We’ve been through a depression and other financial disasters before and not only survived, but in the end - we came out on top.
I’ve been listening to people who lived through the Great Depression. The one’s I’ve talked to (and they suffered) would like to see us go through another one because that’s the only thing that will genuinely wake us up and get our acts together. Mind, they’ll suffer again and they don’t care. They’re focused on the end result which will be a positive.
For people who throw all the blame on the government, it’s not all it’s fault - though it can lay claim to a rather big chunk of it. It takes more than one person to ruin a marriage - and it takes more than a few people in the government to ruin a country. We’ve gone along with it. If we the people are supposed to be running our country and the government do our bidding - welp…we’re sinking it together.
October 12th, 2008 at 9:04 am
Everything happening is based on your perspective of what is happening. Our economy will come back and if those people that have a little extra, instead of hiding it in their mattress, would take it and invest it in the market, they will see a tremendous increase in their overall wealth in just a few years.
Just using the S&P as a standard you will see it level off shortly. It will fluctuate up and down for a short while then start a steady climb. If you invest a hundred thousand in the S&P in Oct. 2008 by Oct 2010 you will have increased your wealth by 25% or more with it steadily climbing.
Everything that was here before the banks went under is still here, it has just changed hands. Nothing is ever lost it just moves from one place to another. This situation will create many millionaires, will you be one of them?
October 13th, 2008 at 1:23 am
I just have to wonder why it is that when the banks are irresponsible with money they get bailed out, but when we as individuals are we pay the price? Just curious….
October 13th, 2008 at 4:36 am
Brian, individuals has a certain connotation of independence, there is no independence in a free market economy…. There is only interdependence…. Trust that the people at the top of the financial system meaning Bernake and whoever is responsible for flawlessly transfering 8% of all deposits over the past few weeks…. Are approved of by Buffet. This man is an absolute genius, and the fact that he approves should be a very reassuring thing to all of us. Thanks Ed!
October 13th, 2008 at 11:49 am
AIG should be considered to be in bankruptcy from the time they decided they couldn’t pay out on the insurance instruments: rescind all bonuses retroactively from that time forward until they’re profitable again, suspend all severance packages retroactively from that time forward until profitability, and investigate vigorously everyone at AIG that profited from these illegal activities starting at the top. If the bonuses are held back until profitability, that would provide a great incentive to do good work — not business as usual.
All shredders at AIG should be confiscated. All backup media should be archived in federal prosecutors hands.
Confidence will be boosted if there is a perception that those who profited from the illegal activity are being prosecuted and that golden parachutes won’t be allowed for beating a hasty retreat at the taxpayer’s expense. The idea that these people engaged in these illegal activities for profit at everyone else’s expense and may still get away with it and be paid bonuses and severance benefits as they run away is completely outrageous.
BTW, if only about 6% of the mortgages triggered this, what happened to the profits from the 94% that are still good? How many of those 6% were actually covered by AIG before they put on the brakes?
October 14th, 2008 at 5:49 am
Hi Ed,
The other story you need to pass onto Annabelle is “The Emperors’ New Clothes”. As far as I can see there wasn’t a panic until the media stirred it up, then it was a case of my report says the problem is $5 billion, you’re wrong my report says the problem is $15 Billion. NO you are both wrong MY report says the problem is $50 billion etc.
Politicians being incapable of meddling turn round and look at the news and go Hmm there’s a problem we need to sort out lets throw $500 billion at it. Simple question does anyone really know the size of the ORIGINAL problem? Not what is reported but an accurate measure!!
In my opinion this could all be avoided if “Johnson’s Job requirements” are applied - You can’t be a stockbroker unless you are over 40 (By then you will have had some exposures to reversals in life and will be able to deal with setbacks). You can’t be a politician until you have had 10 years experience in a real job. (Again exposure to the real world instead of being cocooned from it will provide the ability to think problems through instead of reacting to news headlines.)
Regards
Nick
October 14th, 2008 at 12:29 pm
[...] take the time to watch this at The Thirty Day Challenge Blog. It is time well spent in my [...]
October 15th, 2008 at 10:33 am
Thank you very much for this video. This is a great time in the economy for people to set themselves up to become very wealthy.
October 17th, 2008 at 9:50 am
To Albert Gallatin (October 10th, 2008 at 11:20 pm):
America is the richest and most successful country in the world.