“I have always been fascinated by life, on just about anything and everything. I mean, sure I am not going out and buying million dollar airplanes and running around in beautiful boats. The most fascinating thing in life to me is chasing beautiful women.”
Mexico’s most wanted man, Joaquín Guzmán Loera, is one of 38 new billionaires.
For eight years Joaquín Guzmán Loera reportedly managed his international drug smuggling operation from behind bars while enjoying a lavish prison life with access to booze, women and a home entertainment system. Then in January 2001, facing extradition to the U.S., Guzmán slipped into a laundry cart and escaped.
Since then “El Chapo,” or Shorty, as he is called, has tightened his grip on Mexico’s drug trade as head of the Sinaloa cartel, one of the biggest suppliers of cocaine to the U.S. It is a lucrative business to be in these days. Thirty-five million people in the U.S. use narcotics or abuse prescription drugs, spending more than $64 billion annually. The Drug Enforcement Agency and other industry experts believe Guzmán, 54, has controlled anywhere from a third to half of the wholesale Mexican drug market over the past eight years. In 2008 Mexican and Colombian traffickers laundered between $18 billion and $39 billion in proceeds from wholesale shipments to the U.S., according to the U.S. government. Guzmán and his operation likely grossed 20% of that–enough for him to have pocketed $1 billion over his career and earn a spot on the billionaires list for the first time.
“Life is simple: if you invest too much too soon you will regret it; “How could you have done this with the economy so bad, the market in free fall, and the history books screaming about overruns?” On the other hand, if you invest too little after talking about handsome potential returns and the market rallies, you deserve to be shot.”
“Perversely, seeking for optimality is a snare and delusion; it will merely serve to increase your paralysis. Investors must respond to rapidly falling prices for events can change fast. In June 1933, long before all the banks had failed or unemployment had peaked, the S&P rallied 105% in 6 months. Similarly, in 1974 it rallied 148% in 5 months in the UK! How would you have felt then with your large and beloved cash reserves? Finally, be aware that the market does not turn when it sees light at the end of the tunnel. It turns when all looks black, but just a subtle shade less black than the day before.”
The way I see it is, if you think the economy is not going to crumble, or trade sideways for the next ten years, now is a decent time to make some moves.
The Rest is Up to You…
Michael Porfirio Mason
AKA The Peoples Champ
AKA GFK, Jr.
The Guide to Getting More out of Life
http://www.thegmanifesto.com
Rosalio Reta and his friend, Gabriel Cardona, were members of a three-person cell of American teenagers working as cartel hit men in the United States, according to prosecutors. The third was arrested by Mexican authorities and stabbed to death in prison there three days later.
In interviews with CNN, Laredo police detectives and prosecutors told how Cardona and Reta were recruited by the cartel to be assassins after they began hitting the cantinas and clubs just across the border.
Over a nearly one-year period starting in June 2005, the border town of Laredo, Texas, saw a string of seven murders. At first glance, the violence looked like isolated, gangland-style killings. But investigators started suspecting something more sinister.
Prosecutors say they quickly discovered these two teenagers were homegrown assassins, hired to carry out the dirty work of the notorious Gulf Cartel.
“There are sleeper cells in the U.S.,” said Detective Garcia. “They’re here, they’re here in the United States.”
The teenagers lived in several safe houses around Laredo and drove around town in a $70,000 Mercedes-Benz.
As the teens became more immersed in the cartel lifestyle, their appearance changed. Cardona had eyeballs tattooed on his eyelids. Reta’s face became covered in tattoo markings. (Prosecutors say during his trial Reta used make-up to cover the facial markings.) And both sported tattoos of “Santa Muerte,” the Grim Reaper-like pseudo-saint worshipped by drug traffickers.
