I love Warren Buffett and his long-time business partner, Charlie Munger. Here’s a GREAT quote from Munger:
“As I move close to the edge of death, I find myself getting more cheerful about the economic future,” Mr. Munger said.
Mr. Munger sees “a final breakthrough that solves the main technical problem of man,” he continued.
By harnessing the power of the sun, electrical power will become more available around the world. That will help humans turn sea water into fresh water and eliminate environmental problems, Mr. Munger explained. “If you have enough energy you can solve a lot of other problems.”
If you do NOTHING else this month, read Berkshire Hathaway’s Annual Report.
Shameless plug: I just finished up a course on how to start an online business using private label rights (PLR) material. It includes six modules, from getting hosting, to driving traffic, to acquiring and modifying product.
In times like these, it’s especially important to own your own assets rather than working for somebody else. I know. I just got laid off. And lots of my colleagues, friends, and peers have lost their jobs, too.
So why not take the plunge? What do you have to lose?
I admit I know nearly nothing about Dave Ramsey (I know he’s some sort of “financial guru” that a lot of people follow), but I’ll tell you, in the interest of disseminating information, that he’s holding a town hall meeting tonight about “The economy, your money, and real answers.”
It’s tonight, April 23, at 8 PM ET and 7 PM PT (West Coast delay, what’s new?) – sign up here – Town Hall For Hope with Dave Ramsey (Click the “Attend the Event” yellow button).
Man, suicide is never the way, but I certainly hope it wasn’t over something as trivial as his job.
He obviously inherited a horrible work situation. But when you’re at the bottom, there’s only one way to go – up.
He could have been a star just by bringing everything out into the open and then watching as his company soared on any good news.
Of course, I don’t know why he did it (or if he did it); there’s a bazillion other stupid reasons to take a life.
April 22 (Bloomberg) — Freddie Mac Acting Chief Financial Officer David Kellermann, 41, was found dead early today in the basement of his home in a Washington suburb, police said.
In any case, it’s sad to hear.
Here are some “secrets” of the millionaire next door – but they left out one, which I’ll show you here by example –
11. Don’t reinvent the wheel. There are no “secrets.” Everything has been discovered. Don’t try to make something up. It’s already out there. You just may not know about it yet.
See what I’ve done here? I didn’t regurgitate the story. I’ll let the story do all the talking. Why try to make it better or retell it? So, go read it.