It's a SHE
No, she didn't try to promote her business, believe me. I knew about that before because I checked the company's website. There is something known as Wealth Management available only to people with assets > $1million ($25k/session price); > $20million ($250k/session price).

I fully agree with your sentence regarding the 10 million dollars and its value after 100 years

I'm laughing in capitalism 

I don't share the same opinion with you for the following reasons:
1) Capitalism provides people with opportunities for growth. If you're not what you wanted to be, blame yourself and not the system
.
2) Do you know the rich dude who for you seems dumb, stupid, idiot and you'll find an excuse to insult him? Stop envying and start emulating what you see.

3) You're saying capitalism is worse than communism? Ha ha! I don't know where you get your facts but, capitalism has reduced the number of absolute poverty in half, all that WHILE THE WORLD GREW UP TO 7 BILLION PEOPLE (https://www.economist.com/leaders/2013/06/01/towards-the-end-of-poverty)

4) Capitalism MUST help the poor for a larger market. Think about a laptop organisation such as Lenovo. They want more people who can afford laptops! Think about Mercedes. They want more people who can afford their S class!

5) Capitalism makes some people rich. If you take the opportunities you have with capitalism (aka setting up your own business and making it successful, investing) you can be one of the rich. But if you believe that working 24/7 while maybe you're not the smartest guy alive will lead you towards making a lot of $$$, then I have bad news for you. Oh and by smartest I don't mean IQ or other stupid measures. I mean proficient in what you do!

On the other side,
I see why capitalism is bad. It makes you feel bad having $5kk when there are people working for $30k a year...
Naturally you want others to be successful like you that's why you help them

Today I met with a Tier 1 director from Royal Bank of Canada. I am not going to give the country or name for privacy purposes. It was a speaking event but we also talked 1 to 1 after.

Here what I learnt:


The director deals with different kind of people, including multi billionaires. You wouldn't think a multibillionaire still invests isn't it? That's what keeps the rich rich, even if it doesn't make sense for most people!
There is this guy who apparently has a self-policy where he always invests in 10 projects from an investment pitch. Those investments are around $200k-$500k during the seed phase/start-up phase to get business off the ground. Out of 10 projects, there are always 3 who are successful and cover the costs for the loss of the others.

I was told about another billionaire who is "anonymous" / mass-media doesn't know/promote him. Apparently he has some industrial plant in Russia, casinos in Monacco, Coffee or something like that in Dubai. Very difersified portofolio that works! He also has his own cryptocurrency from what I learnt. I couldn't get the name of the cryptocurrency because of confidential information.

Something else discussed is how a banker, who is not seen as a 'good guy' builds trust with a potential investor or high network individual who needs wealth management services. You wouldn't believe it but all it takes is being confident in the services you offer to your client.
If you know you are going to sell a GREAT product, automatically you inspire trust. If subconsciouslly you don't believe in the product you sell, you fail. Simple isn't it? I will remember this for life and so should you.

All guys, even if rich pay hundreds of thousands for wealth management mentorship. Sounds stupid to you? The director said things I never know, like did you know Bill Gates, Steve Jobs, Mark Zuckerberg all of them had mentors? Because I didn't!

The story of the director has been inspiration for me as a young 20 years old. The director comes from a relatively poor background and by 30 is very successful, inspires a lot of confidence in others and is truly a great person.
I asked regarding their opinion on Blockchain. I expected a negative answer but I was surprised. The director was so enthusiast about the blockchain and the many projects going on. Unfortunately, banking customers can't receive investment advice in cryptocurrencies unless those become regulated.

Here we conclude that, if crypto ever becomes regulated we are going to see a HUGE market disruption. Bitcoin & Ethereum will survive but I don't know about the others!

CHINA is one of the best countries. Maybe not for everyone, but it' politically stable and strong economically. It is becoming stronger economically for the farmers.

If USA or big European countries what to compete with China in the next 100 years, those countries must "steal" from China. Why in China technology gets adopted so easily? It nearly happens overnight and POOF there are markets accepting contactless payments, POOF there is technology which allows you to do shopping from home and when you get to the market you go just to get your items.

World population reaches 10 billions.
There is no oil, everything is electric.
Cryptocurrencies are regulated by governments.
Amazon, Apple and Google have declined
We are still humans but the target is to become energy.
We discovered where precisely WOW signal of Sagittarius Constellation came from and we discover alien life.



You can think of anything you want. Difficult to think accurately more than 5 years in future honestly....

Honestly I love Google and what they do. Their products and innovation are always awesome.
BUT, I believe that in case of an OS they can come with something better than Android or Chrome OS.
I would love to see an operating system that would compete with Windows and Mac OS.
Such operating system would be difficult because it has to offer AT LEAST what
the other competitors are offering. This way, as a user I don't feel that I'm missing
something.


Or they could literally take the highest risk ever, make an OS that has nothing
we've never seen before. That would be awesome! But please don't allow me
to use just Google Chrome and "navigate YouTube videos" like on Chrome OS...

I have a chrome book and the first thing I did was installing Linux on it LOL

There are many exchanges who do that. It's ethically not correct and I'm not sure about the legal side. But you can definitely do that since there are other exchanges doing it. Not taking opportunity of it means losing market share to competitors

To find people interested in cryptocurrencies. Just like everyone else, you want to co-operate with people from the same industry

Recently I started learning about Ethics and I found out two theories: theory of egoism and utilitarian theory.


Theory of egoism or ethical egoism states that the person must always pursue their self interest. Telling one person how to behave in the society such as asking them to be more empathetic is against this theory. You're asking an individual to behave differently than what he "feels".

Main criticism for the theory: "Faced with a situation of limited resources, egoists would consume as much of the resource as they could, making the overall situation worse for everybody."

Utilitarian theory is the one which produces the greatest well-being of the greatest number of people. By this ethical point of view, you prefer to sacrifice a minority for the greatest number of people. I read somewhere that under utilitarian, you can also LIE for the sake of making others feeling better. Kind of what some politicians did in the history if you think well enough!

Main criticism for the theory: The theory tries to quantify well being by assuming consequences. In some cases everything may go as planned, in others....
One interesting example is Ford which released years ago a car called "Ford Pinto"

The problem with the car is that its design made that, in case of accident from behind, it would explode because of the fuel tank.
Ford could decide to modify each of the 12.5 million cars for just $11/car resulting in $137.5 million. The organisation calculated that, if there would be 1,000 fatalities it would have to pay less than $15 million in lawsuit, resulting in just $1.2/car! In this case, some 500 people died but Ford won the legal case and seems that they didn't even pay any fines!

Ethically, not correct but it still worked.
Are you an ethical person? Do you believe that being ethical is necessary for being successful? What about politicians?

Hey guys,
What is your secret for being an energetic person?

I have 8 hours of sleep, I can drink coffee, I can exercise and at 3pm - 6pm I nearly always feel low on energy.
I always think about top industry CEOs, chairmen, etc. how do they keep the pace?
I am still young but I don't have energy. I can't stay asleep after 1am

Do you guys have secrets that you can share with me?

Must mention: I tried to change my diet. I stopped eating carbs except for Sunday when I can eat whatever I want. For the first three weeks I used to get up very earlier and be full of energy but, now I'm back to normal. Now I eat just twice a day (breakfast + a meal at 4pm therefore I don't have lunch or dinner). Could that be the reason I am out of energy?

I can definitely see your points of view guys! Thanks for sharing

Are you single because you don't have money? Would money make your chances to date the girl you like higher?


If you answered yes to any of previous questions, congratulations! You're wrong. Because you think like that, that's exactly why you don't have money. You can't understand basic concept of human interaction where confidence and knowledge are more important to reach your goals. And if your goals can't be reached by confidence and knowledge, they are not worth being pursued.


Here the practical example:


A lady from New York, let that lady be 'Ms. Pretty' asked that:

"What should I do to marry a rich guy?
I’m going to be honest of what I’m going to say here. I’m 25 this year. I’m very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above. You might say that I’m greedy, but an annual salary of $1M is considered only as middle class in New York.
My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married? I wanted to ask: what should I do to marry rich persons like you?
Among those I’ve dated, the richest is $250k annual income, and it seems that this is my upper limit.
If someone is going to move into high cost residential area on the west of New York City Garden(?), $250k annual income is not enough.
I’m here humbly to ask a few questions:
1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches are only average-looking? I’ve met a few girls who don’t have looks and are not interesting, but they are able to marry rich guys (I put that in bold for you single boys).
4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)
Ms. Pretty"

The poor guy will take the responsibility for that issue. You will say that it's your fault for not making more than $500k a year and being able to date that lady. While partially true (your fault for not making more than $500k a year), dating this lady shows that you are mostly a 'dumb' person. Why? Because your goals can't be reached by confidence and knowledge.


An intelligent person, a guy who makes more than $500k a year answered that:
"Dear Ms. Pretty,
I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor.
My annual income is more than $500k, which meets your requirement, so I hope everyone believes that I’m not wasting time here.
From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain.
Put the details aside, what you’re trying to do is an exchange of “beauty" and “money" : Person A provides beauty, and Person B pays for it, fair and square.
However, there’s a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can’t be prettier year after year.
Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It’s not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worse 10 years later.
By the terms we use in Wall Street, every trading has a position, dating with you is also a “trading position".
If the trade value dropped we will sell it and it is not a good idea to keep it for long term - same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or “leased".
Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income. This has better chance than finding a rich fool.
Hope this reply helps.
signed,
J.P. Morgan CEO"

So now do what you learnt and stop posting about not being able to get a girlfriend because you have no money.
Thanks!

You have a point.

I haven't meant to say that everyone above 30 is responsible for that, but you also partially agree that the characteristics I stated are partially correct.

You provided me with a nice research, I prefer you to read the whole research which, for my point of view is mostly a dissertation (trying to point out why something is not as it is perceived): https://www.kellogg.northwestern.edu/faculty/jones-ben/htm/Age%20and%20High%20Growth%20Entrepreneurship.pdf

Have a read of the full pages and tell me, how many people above the age of 30 have attempted to start a company? How many people of age below 30 attempted to start a company? Our society mostly promotes 'getting a job' and it's normal to have less young successful business owners because it takes them more time to 'get up'.

My point is, more collaboration between the old and the young. Do you feel bad giving a youngster twice their salary and appoint them as a C? It's a risk but why not?

If you know basic NPD (New Product Development) you certainly know that two of the stages are 1) coming up with ideas and 2) selecting the most correct ones. So a youngster may come up with the most stupid ideas when appointed as a C, he is not expert but he 'has the something' that older people don't and that's innovation. It's crazy if you believe young people are not the most innovative (https://www.forbes.com/sites/frederickallen/2011/04/13/are-you-really-more-innovative-when-youre-younger/#4d2658772f62).

We must have the 'older side' on the second stage and the younger side on the first stage. This way, we ensure better projects for humanity.


Having JUST young people in a team is terrible. Having just old people in a team is as bad.

Every person that I know who invested in ICOs seems to be always following the same pattern:

If the ICO has well recognised team members, who have LinkedIn, twitter, Facebook and are known in their industry then it's safe to invest.

If the ICO doesn't have a PERCEIVED good team, if the team is made by 'youngsters', people with no industry experience who may have the necessary knowledge then it's not good to invest. 'The project certainly has no chance' says a lot of them.


Could someone tell me why we underrate young people, especially those below 30 years of age? I mean, look at most successful companies:

-Facebook - founded by university students (below 21 years of age)
-Google - founded by Larry Page and Sergery Bin both 25 years old
-Apple - founded by Steve Jobs at 20 years of age, and Steve Wozniak who was 25
-Microsoft - founded by Bill Gates at 20 years of age
-Amazon - founded by Bezos at 30 years old
-eBay - founded by Pierre Omidyar at 28 years old
-Ethereum - founded by a 20 years old Vitalik Buterin
-TRON Foundation - founded by a 28 years old Justin Sun

Should we go further?
-Dolce & Gabbana - founded by Stefano Gabbana at 23 and Domenico Dolce at 27
-Barclays Bank - founded in 1690 by a 21 years old
-Rolex - founded by 2 brothers of 24
-Chanel - founded by Coco Chanel when she was 27
and the list goes on!

The reason we have so many sh*tcoins is because we have some oldies and grandpas who release a token, exchange everything to Ethereum asap and token dies because nobody cares about the project. Where is the dedication? They do not contribute to the vision of the Blockchain and the only reason they exist is because some investors decide to go with them, unvisionary people who call themselves "innovative". Those old guys who are master of manipulation and know what to tell you even if that means lying to change your opinion about them.

Before you throw words, no, I don't have an ICO and I didn't have an ICO. It's just observation. Invest in the young & innovation because they are in grade to build the future for the next generations!

My parenting advice for everyone on this forum: Give your kids cryptos and they won't be able to snort cocaine through rolled-up bitcoins 

It depends from case to case.

Higher education is good if you want to land a job. If you are looking from an entrepreneurial perspective instead, it's more important to learn what education doesn't teach you. For me, I feel like education is just an introduction. It's more important what you do in your 'free time'. Do you prefer to learn new stuff or spend time with your friends drinking?
The correct answer is spending time with your friends drinking while learning new stuff 

So much hate here. You guys are either very jealous or have nothing else to do. What Elon Musk said about AI is his personal perception. He NEVER said that AI is bad for humanity but rather dangerous because of its risks.

Imagine the world run by the AI. What if AI would affect the dissemination of information? It becomes information manipulation and I'm sure you are going to trust the AI. Why trusting? Because you assume it's never wrong.

In case of a war, what do you think about autonomous panzers or autonomous terrorism? Is that not very risky? The current terrorism is simple: you send a Kamikaze and that's it. With artificial intelligence, you send your robot kamikaze and it never stops until someone does it. Who can stop it? Superman? Spiderman? It will be Elon Musk for sure 

Not my quote but I modified it a little so here what I have: "The AI is programmed to do something beneficial, but if it develops a destructive method for achieving its goal, you are devastated. "

I am currently in university and my knowledge and skills allow me to understand the science behind artificial intelligence. This means that I could develop an AI which writes my paper/assignment/coursework/PHD based on previous papers/assignments/coursework/PHDs. Would that be beneficial? It would definitely help me save hundreds of hours but obviously it is against the humanity.

I am on the side where if you don't take enough risks you don't win a lot.
Remember bitcoin? Imagine you're offering "deep web" services in 2010 and there is this guy who tells you to give him 10kg weed but in exchange he will pay you bitcoins instead of FIAT. You would be crazy to accept it isn't it?
Same thinking to your 'newbie' so that's why I would invest with someone. It's basically what VCs do most of the times. As long as the newbie knows what he's doing, everything will be alright!

So far so good!
Learnt to do programming. Still learning but thanks God I am where I am!
It took me 3 months before I could do something effective. 1 month to convince myself to do it, 1 to do stuff that didn't make any sense to me
but was important 'to get used' and another month to plan doing something nice

I have no other plans. Let's just see what happens. I wish you all Good Luck for 2018 and next years!

Personally, I believe that after you try VR a few times it becomes 'nothing special'. I still like the experience but it's not reality!
"Real reality" > "Virtual Reality" because of the feelings you have and risks and everything 

I used to program some games in VR and AR just for fun but now I stopped