Peter
British billionaire Richard Branson cross-dressed to work as a flight attendant for a rival airline after losing a bet to Malaysian airline tycoon Tony Fernandes. During the flight Branson served drinks, meals, and made flight announcements during the six-hour trip.
This is far from the first time that Sir Richard has gone drag and one begins to suspect that he rather enjoys it.
Watch the video:
Billionaire Warren Buffett shared some valuable advice this past week on why he and Charlie Munger have made so much money.
It has a lot to do with the fact that both men were fortunate enough to find a line of work they really loved doing.
Well, we were lucky to be in this country to start with. But we found things we like to do very early in life and then we pushed very hard in doing those thing. But we were enjoying it while we did it. We had had so much fun running Berkshire it’s almost sinful. But we were lucky. My dad happened to be in a business (he was a stockbroker) that he didn’t find very interesting but I found very interesting. So when I would go down on Saturday there were a lot of books to read. You know, it just flowed from a very early age. – Warren Buffett
Everyone has a purpose in life. Perhaps yours is watching television? – David Letterman
It’s not looking very good for the latest film version of The Great Gatsby judging by the reviews. I had my concerns from the very start when Baz Luhrmann was chosen as director. Baz is s musical specialist not someone with much experience directing dramas. I’m just not a fan of musicals.
“Luhrmann’s 3-D visual flourishes feel superfluous: Occasionally, words pop out across the screen as Nick feverishly writes Gatsby’s tale … None of it contributes to a sense of immersion.”
“Luhrmann’s direction of his actors cudgels every instinct of naturalness out of them and pushes everyone, even as instinctively genuine an actress as Mulligan, toward overblown characterizations and stilted line reading.”
“She’s down-to-earth pretty (a tad mousy) rather than unattainably glamorous. She does well in Daisy’s most challenging scene, in which she has to oscillate between the desires of two impossible men, the monomaniacal Gatsby and the overentitled Buchanan. But it’s possible to forget she’s in the movie.”
Hedge Fund Manager is Another Route to Billionaire Status
Just found this:
That truism has never been more evident than during the past four years.
Forty hedge-fund managers have now made the Forbes billionaire list, and the conference, known as SALT, beginning Wednesday has become the place for them to hobnob with world leaders, former presidents, political pundits and Hollywood celebrities.
But the people whose money hedge funds manage haven’t exactly hit the jackpot.
So How Did Carlos Slim Become the World’s Richest Man?
When I’m asked how tycoons make their fortunes the One Red Paperclip story often comes to mind. If you are not familiar with it it’s the one about a man who started a chain of Craig’s List barter trades with a red paperclip and ended up with a house. It took him just 10 or 12 trades to accomplish this feat. Tycoons apply the same basic principle to building wealth although the mechanism is not quite the same. Both stories are about building wealth through incremental improvements in the value of assets over time. It’s the opposite of trying to strike it rich with just one deal. Think of the differences as those between a football team that wins because it has a strong ground game consistently moving the ball down the field instead and one that relies on the occasional “Hail Mary Pass” to win.
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