Watching the wall st and other big guys what they say its different what they do

[Mrbuck]

Watching big guys all the narratives whats on all this is bs even ray dalio talking things to misslead people what he actually does its way different i can say right to hes face" men u talk utter nonsense "
Many people even with poor backgrounds and not education see things trough another joker is this peter schiff i watched him he talks about gold while himself investing in bonds and playing on gold futures market ( paper gold) cmon who he try to fool?

Many people dont mind their manipulation but hey, we want money also otherwise system wount work the trading and financial ststem then they make aml / kyc laws so strong you cant even open off shore accounts if you are nobody the fact that you are smart and knows how to make money not enough

If elite makes smart people hard then they destroy whole system we dont mind if elite doing what they doing but dont make life hard for other smart ones who see system trough and can earn good money too.
Then they say things what dont align with their actions its all okay until they dont mess with smart ones but if they do then its bad so its not anymore how smart you are but who you are from what family and background u want to cash out crypto even off shore banks start messing around if u not part of elite and those elite not even smart how else even uneducated people can see trough their schemes anyone can see their trades on markets and what they do it.

So if elite want to rule and keep world in order they must smart ones with brain to live well and relaxed without bs and let them manipulate the rest of the people as much they want

[viljy]

~
so its not anymore how smart you are but who you are from what family and background
~

Well, that’s obvious. If we have to think through an obvious idea, it means that we’ve been deliberately instilled with a false notion. And this false notion is: “equality of opportunity.”

Under the same conditions, many people have to make incredible efforts (mental, financial, etc.) to achieve the same result that others get simply for being lucky enough to be born into a wealthy and influential family. But nature has its own kind of self‑regulation. Very often, heirs from such families are utter fools and spenders.

They are incapable of managing capital, so they give the money to external managers (to funds), but even this does not guarantee against ruin. And then their capital, so to speak, flows into the hands of a person who has achieved his position thanks to his intelligence. He has an heir (who is not yet a fool) who continues his work. Then this heir has an heir (and this one is very likely to be a fool), and the cycle of wealth and ruin is completed.

Of course, there are families that preserve their capital for centuries, despite the fools who are born into such families, but this requires enormous effort.

[justdimin]

If we have to think through an obvious idea, it means that we’ve been deliberately instilled with a false notion. And this false notion is: “equality of opportunity.”

Under the same conditions, many people have to make incredible efforts (mental, financial, etc.) to achieve the same result that others get simply for being lucky enough to be born into a wealthy and influential family. But nature has its own kind of self‑regulation. Very often, heirs from such families are utter fools and spenders.

They are incapable of managing capital, so they give the money to external managers (to funds), but even this does not guarantee against ruin. And then their capital, so to speak, flows into the hands of a person who has achieved his position thanks to his intelligence. He has an heir (who is not yet a fool) who continues his work. Then this heir has an heir (and this one is very likely to be a fool), and the cycle of wealth and ruin is completed.

Of course, there are families that preserve their capital for centuries, despite the fools who are born into such families, but this requires enormous effort.

That is not for you to compare yourself to already rich people; that is to compare yourself to what you could have been. That is what people are mistaking the effort part for. If you grow up with zero skills, no talents, lazy and undeserving, then you are going to have a bad life; if you work hard, smart, have many skills and talents, you will have a "better" life than the other version. Yes, some moron who comes from a rich family could do a lot better than you; hell, there is a moron who is too stupid to even be able to write properly or speak properly, and he is the president, so your father being rich does matter.

But you do not compare yourself to those people; you compare yourself to what happens if you work versus what happens if you do not work. This is why I always suggest to people: learn whatever you can in your free time. I do not have much right now, but I used to, and whenever I was done with my work, I would use my free time to learn new skills. I can do graphics, use a bit of AI to build some apps, play the guitar, and I like to play games (which is not a skill, but I do that to help my mental health). So in the end, it can turn into money, or maybe it won't, but at least you would have skills.

[Somto9Light]

Many people even with poor backgrounds and not education see things trough another joker is this peter schiff i watched him he talks about gold while himself investing in bonds and playing on gold futures market ( paper gold) cmon who he try to fool?

The world is full of unreal people who tries to deceive the public about what they deal in and where their source of income comes from when in the actual sense they're doing something different from what they made people believe. A lot of billionaires does illegal stuffs but when they're questioned they will say they are business men and of course they have big businesses but those businesses doesn't maintain their lifestyle rather they only sustain the businesses to keep running. This is the reason why we shouldn't be too quick to believe what people say especially the successful ones because the average wealthy man can never teach another man what or how they generate their income because they don't want other people to know and start competing with them. I don’t even take people like Peter Schiff seriously because he's a confusionist.

[EluguHcman]

I want to believe that you are completely talking about the economy ecosystem in an overall where the authorities such as the elites in the Federal and State levels implementing constitutional systems that governs the economy.
Well that is absolutely how public systems are designated to enable and controls asses flows which also gives potential values in the societies.

As all fingers are not equal, so everyone can not be of same financial status quos because our ideals on business and investment differs and so on our educational qualifications too. So you should channel your values towards an economy factor that should benefit you.

It is also a privilege that when you comes from a wealthy background, you may be also be limited to encounter the economy depressions if at all because, there are also some who merits the easy flows of finances unlike those from the poor background that have to struggle from the scratch and settles for the least they could afford.

The journey of growing in wealth is also a process that the poor also becomes rich. Hardworking, smart works and consistency is also background key of an economy breakthrough. If must not be flexible before you can still be found at the top level.

[Zlantann]

So if elite want to rule and keep world in order they must smart ones with brain to live well and relaxed without bs and let them manipulate the rest of the people as much they want

You should know that the elites don't care about the well-being of others. They aim to control others, so they wouldn't want people to gain financial freedom. The poorer the people become, the richer the elites become. We are in an era where information is accessible to all. I am surprised that people follow the financial advice from some of these elites without doing proper research. Many of us would have been deceived if we had accepted the investment advice of Warren Buffett, Peter Schiff, Nouriel Roubini, and other Bitcoin critics. I am not saying that they are not knowledgeable about investment. My position is that they lack understanding of Bitcoin.

Regardless of the elites' manipulations to make themselves the controllers of the global economy, smart people would always find ways to outsmart them. And Bitcoin, among others, is one of those means.

[tiCeR]

~
so its not anymore how smart you are but who you are from what family and background
~

Well, that’s obvious. If we have to think through an obvious idea, it means that we’ve been deliberately instilled with a false notion. And this false notion is: “equality of opportunity.”

Under the same conditions, many people have to make incredible efforts (mental, financial, etc.) to achieve the same result that others get simply for being lucky enough to be born into a wealthy and influential family. But nature has its own kind of self‑regulation. Very often, heirs from such families are utter fools and spenders.

They are incapable of managing capital, so they give the money to external managers (to funds), but even this does not guarantee against ruin. And then their capital, so to speak, flows into the hands of a person who has achieved his position thanks to his intelligence. He has an heir (who is not yet a fool) who continues his work. Then this heir has an heir (and this one is very likely to be a fool), and the cycle of wealth and ruin is completed.

Of course, there are families that preserve their capital for centuries, despite the fools who are born into such families, but this requires enormous effort.

With the difference being that some of these major hedge funds turn into self-fulfilling prophecies because they have leverage and ultra strong lobbying activities. I don't know where I would put a threshold and it varies of course funds are run by different people and different people have different networks, but if they become huge by the assets under management, they also gain political and economic influence on many levels. That is why at some point sp many people start throwing their money after those big hedge funds. Once they have established themselves, you need a really big fool to destroy the whole story. So the idea that there is always a cycle at work that lets someone build wealth and it is only a question of time until it is gone, I don't know.

That is essentially what you said in your last sentence, but there are all these administrative tools available now, like foundations and other corporate structures. That means if a dad or a grandpa doesn't have the best opinion of a family member, they can plan ahead for an eternity. That still doesn't eliminate the potential for creative destruction, because that is not always a question of someone being a fool who is in direct charge of a corporation. There are interesting reads about this, how big corporations turn into ships you hardly can maneuver because of so many stakeholder interests. In the past it could be seen that the biggest problem is the greed for dividends instead of investments in R&D. Then a small speed boat comes by (startup), gets the right funding and makes the megaship obsolete.

So some of these companies go bust because of stupidity, and some because they were doomed to fail because they were stuck between pleasing stupid shareholders and taking the risk of losing them anyway when R&D spending is high.

[lombok]

Watching big guys all the narratives whats on all this is bs even ray dalio talking things to misslead people what he actually does its way different i can say right to hes face" men u talk utter nonsense "
Many people even with poor backgrounds and not education see things trough another joker is this peter schiff i watched him he talks about gold while himself investing in bonds and playing on gold futures market ( paper gold) cmon who he try to fool?

Many people dont mind their manipulation but hey, we want money also otherwise system wount work the trading and financial ststem then they make aml / kyc laws so strong you cant even open off shore accounts if you are nobody the fact that you are smart and knows how to make money not enough

If elite makes smart people hard then they destroy whole system we dont mind if elite doing what they doing but dont make life hard for other smart ones who see system trough and can earn good money too.
Then they say things what dont align with their actions its all okay until they dont mess with smart ones but if they do then its bad so its not anymore how smart you are but who you are from what family and background u want to cash out crypto even off shore banks start messing around if u not part of elite and those elite not even smart how else even uneducated people can see trough their schemes anyone can see their trades on markets and what they do it.

So if elite want to rule and keep world in order they must smart ones with brain to live well and relaxed without bs and let them manipulate the rest of the people as much they want

The sharp discrepancy between the large scale advice and small scale maneuvers of capital is common to financial stage plays. The non ruling traders have strict verification rules aimed at restricting free flow of funds. Wall of discriminatory financial bureaucracy usually stands in the way of producing profits by independent expertise on a grand scale. The old ruling circles are still in the effort of struggling to obtain unconditional access to circulated global wealth.

[Fortify]

Watching big guys all the narratives whats on all this is bs even ray dalio talking things to misslead people what he actually does its way different i can say right to hes face" men u talk utter nonsense "
Many people even with poor backgrounds and not education see things trough another joker is this peter schiff i watched him he talks about gold while himself investing in bonds and playing on gold futures market ( paper gold) cmon who he try to fool?

Many people dont mind their manipulation but hey, we want money also otherwise system wount work the trading and financial ststem then they make aml / kyc laws so strong you cant even open off shore accounts if you are nobody the fact that you are smart and knows how to make money not enough

You have to realize that it's a tiny percentage of traders who will have any kind of successful strategy in day trading any more and even if you do have a good strategy it's likely to get front-run by high frequency trading algorithms to shut down your profit potential. The real pros are coming up with ideas on where the market will be in 3-6 months and what companies are over sold at the moment but are likely to return back into favor because it's so common for the market to be cyclical in nature. For example housing companies are struggling right now, but if this stupid Iran war stops then interest rates can continue their march downwards which improves mortgage rates and there will be lots more people buying new builds again. I wouldn't even bother watching or listening to podcasts where the authors are forced to generate content due to being a daily show.

[viljy]

~

That is not for you to compare yourself to already rich people; that is to compare yourself to what you could have been. That is what people are mistaking the effort part for. If you grow up with zero skills, no talents, lazy and undeserving, then you are going to have a bad life; if you work hard, smart, have many skills and talents, you will have a "better" life than the other version. Yes, some moron who comes from a rich family could do a lot better than you; hell, there is a moron who is too stupid to even be able to write properly or speak properly, and he is the president, so your father being rich does matter.

But you do not compare yourself to those people; you compare yourself to what happens if you work versus what happens if you do not work. This is why I always suggest to people: learn whatever you can in your free time. I do not have much right now, but I used to, and whenever I was done with my work, I would use my free time to learn new skills. I can do graphics, use a bit of AI to build some apps, play the guitar, and I like to play games (which is not a skill, but I do that to help my mental health). So in the end, it can turn into money, or maybe it won't, but at least you would have skills.

In general, that’s exactly how we all live. You’re absolutely right about that. In the end, every person should strive to improve and pay more attention to their own development. This includes comparing their progress with those around them. But maybe that’s exactly the goal of those at the top? So that those at the bottom don’t look up and don’t think about… various things.

~

With the difference being that some of these major hedge funds turn into self-fulfilling prophecies because they have leverage and ultra strong lobbying activities. I don't know where I would put a threshold and it varies of course funds are run by different people and different people have different networks, but if they become huge by the assets under management, they also gain political and economic influence on many levels. That is why at some point sp many people start throwing their money after those big hedge funds. Once they have established themselves, you need a really big fool to destroy the whole story. So the idea that there is always a cycle at work that lets someone build wealth and it is only a question of time until it is gone, I don't know.

That is essentially what you said in your last sentence, but there are all these administrative tools available now, like foundations and other corporate structures. That means if a dad or a grandpa doesn't have the best opinion of a family member, they can plan ahead for an eternity. That still doesn't eliminate the potential for creative destruction, because that is not always a question of someone being a fool who is in direct charge of a corporation. There are interesting reads about this, how big corporations turn into ships you hardly can maneuver because of so many stakeholder interests. In the past it could be seen that the biggest problem is the greed for dividends instead of investments in R&D. Then a small speed boat comes by (startup), gets the right funding and makes the megaship obsolete.

So some of these companies go bust because of stupidity, and some because they were doomed to fail because they were stuck between pleasing stupid shareholders and taking the risk of losing them anyway when R&D spending is high.

Overall, I agree. Of course, not all idle heirs go bankrupt. Because they sail through life on ships that are “too big to sink.” Generally, it would be more beneficial for society if the capital of idle heirs were to flow more quickly into the hands of real entrepreneurs who drive progress.