The 1% work harder and should be emulated

Discussion in 'Too Hot for Swamp Gas' started by g8orbill, Feb 6, 2014.

  1. lacuna
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    lacuna Well-Known Member

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    I will be so bold as to presume you went to University and obtained an education that prepared you to work in your field. Microsoft apparently found your skills and intelligence worthy and hired you, thereby enabling you to avail yourself of the investment opportunities. Don't fool yourself. You worked to be where you are today. If you had not spent the time in school and made the efforts you made, you would not be where you are today.
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  2. Emmitto
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    Now there's a guy I wish could get four minutes of airtime on Bloomberg.
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  3. vertigo0923
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    vertigo0923 night owl mod VIP Member

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    i don't think investment bankers, per se, at the top of that list, create a lot of jobs.
  4. OklahomaGator
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    OklahomaGator Jedi Moderator VIP Member

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    Well warren Buffett and George sorosis are two of the top three. Who listens to those guys?
  5. OklahomaGator
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    OklahomaGator Jedi Moderator VIP Member

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  6. Emmitto
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    Not enough, if Zell is to be taken seriously. I see threads and criticisms of these paradigms of society all the time. I guess the criticizing posters don't realize Buffett's and Soro's rightful place at the top of the pyramid. Or, more importantly, their own places.

    Bow down, royalty in da house!
  7. vertigo0923
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    vertigo0923 night owl mod VIP Member

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    sorosis was funny. like a new disease. 'condition of being like george soros' i guess.
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  8. gatorman_07732
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    gatorman_07732 Well-Known Member

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    I just simply disagree with emulating millionaires from my experience and perspective on live. I live in an area where there is no shortage of millionaires and many are some of the most dysfunctional people I've come across. Accumulation of wealth is one thing, how you treat others and the real important things in life are quite another.
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  9. asuragator
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    asuragator Well-Known Member

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    Well said, gman. Often to get to that point one needs to cut corners, burn others, advance themselves in ways that are actually anti-social. And to do what it takes can often exact a real price. Not saying there aren't good qualities as well, but we can't really just look at the end result and believe that it was the product of something completely virtuous.
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  10. gatorman_07732
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    gatorman_07732 Well-Known Member

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    I agree, It's not someone is based on wealth alone but how they got there. That tells the real story of an individual and if they deserve the right to be emulated. On the flip side there are many hard workers that are successful (and not millionaires) for their families that should be emulated as well.
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  11. asuragator
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    I think some people confuse the process with the outcome. Monetary wealth is not virtuous, it just means one has more of it than others, but it often blinds those others to the process that got that particular person their wealth. Not surprised at all by those millionaires that live near you since I know many myself, including some family, and it's a mixed bag.
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  12. lacuna
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    lacuna Well-Known Member

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    Last edited: Feb 9, 2014
  13. QGator2414
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    I have not read all the responses but what an excellent watch.

    The gentleman nails it. Especially with his last few lines on simplifying government. The disparity will continue to grow as our government write more and more regulations (Hello obamacare).

    I disagree that the 1% workers harder as many work very hard in this country. But that is not what this gentleman was trying to convey in context IMO. And his citing of the many stories of people starting from nothing to the need to simplify (remove government involvement) and make it easier for those with less to have their hard work pay off explains why.

    Why is it harder for one with less to make it now while working just as hard?

    GOVERNMENT and not having the ability to pay a professional to navigate burdensome and pointless regulations.

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