Jeremy Grantham: Reinvesting When Terrified

» 18 March 2009 » In money » 1 Comment

Jeremy Grantham: Reinvesting When Terrified

Click Here for Stocks for the Long Run

Here is the commentary from Jeremy Grantham of Grantham, Mayo Van Otterloo:

Click Here for the PDF

“There is only one cure for terminal paralysis: you absolutely must have a battle plan for reinvestment and stick to it.”

“Remember that you will never catch the low. Sensible value-based investors will always sell too early in bubbles and buy too early in busts.”

“For the record, we now believe the S&P is worth 900 at fair value or 30% above today’s price. Global equities are even cheaper.”

Click Here for Stocks for the Long Run

“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.”

Click Here for Stocks for the Long Run

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

kid cudi – day ‘n’ nite

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La Santa Muerte: American Teens are Mexican Cartel Hitmen

» 18 March 2009 » In Crime, money, Travel » 1 Comment

La Santa Muerte: American Teens are Mexican Cartel Hitmen

Click Here for La Santa Muerte – Saint Death DVD

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.

Click Here for La Santa Muerte – Saint Death DVD

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.”

Click Here for La Santa Muerte – Saint Death DVD

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.

Source

This phenomenon has been going on in boarder towns, specifically San Diego, for as long as I can remember.

Click Here for La Santa Muerte – Saint Death DVD

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

SANTA MUERTE

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Recession Rap: Big Sean, A Million Dollars and a Dope Sample

» 18 March 2009 » In hip hop, money » 1 Comment

Recession Rap: Big Sean, A Million Dollars and a Dope Sample

Click Here for Reks Album Grey Hairs

Click Here for The G Manifesto’s Top Ten ways to Make Money in a Down Economy

Big Sean comes with some lyrics for the times, positive Hip-Hop for The Down Economy.

Big Sean, A Million Dollars

Download The Big Sean Mixtape Here, Pro Bono

Also for all the people that asked me the sample for Reks – How Can It Be [Prod. Statik Selektah]:

Reks – How Can It Be [Prod. Statik Selektah]

Click Here for Reks Album Grey Hairs

The sample is:

Freda Payne – See me One Last Time

(See Me) One Last Time – Freda Payne

Click Here for Reks Album Grey Hairs

What do you think this is? Amateur hour?

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

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Leonardo Notarbartolo: The World’s Biggest Diamond Heist

» 15 March 2009 » In Crime, diamonds, Dope, money, People, Style » 7 Comments

Leonardo Notarbartolo: The World’s Biggest Diamond Heist

Click Here for ABC News Primetime Antwerp Diamond Heist

Click Here for G Manifesto: The Complete Guide to Burglary

Click Here for How to Swoop Girls and Influence People (Australia Style)

Excellent story of the Heist of the Antwerp Diamond Center:

It was February 16, 2003 — a clear, frozen Sunday evening in Belgium. Notarbartolo took the E19 motorway out of Antwerp. In the passenger seat, a man known as Speedy fidgeted nervously, damp with sweat. Notarbartolo punched it, and his rented Peugeot 307 sped south toward Brussels. They hadn’t slept in two days.

Speedy scanned the traffic behind them in the side-view mirror and maintained a tense silence. Notarbartolo had worked with him for 30 years—they were childhood buddies—but he knew that his friend had a habit of coming apart at the end of a job. The others on the team hadn’t wanted Speedy in on this one—they said he was a liability. Notarbartolo could see their point, but out of loyalty, he defended his friend. Speedy could handle it, he said.

Click Here for ABC News Primetime Antwerp Diamond Heist

And he had. They had executed the plan perfectly: no alarms, no police, no problems. The heist wouldn’t be discovered until guards checked the vault on Monday morning. The rest of the team was already driving back to Italy with the gems. They’d rendezvous outside Milan to divvy it all up. There was no reason to worry. Notarbartolo and Speedy just had to burn the incriminating evidence sitting in a garbage bag in the backseat.Notarbartolo pulled off the highway and turned onto a dirt road that led into a dense thicket. The spot wasn’t visible from the highway, though the headlights of passing cars fractured through the trees. Notarbartolo told Speedy to stay put and got out to scout the area.

He passed a rusty, dilapidated gate that looked like it hadn’t been touched since the Second World War. It was hard to see in the dark, but the spot seemed abandoned. He decided to burn the stuff near a shed beside a small pond and headed back to the car.

Click Here for The G Manifesto’s The Complete Guide to Burglary

Click Here for The Man Who Robbed the Pierre: The Story of Bobby Comfort

Click Here for Secrets of a Superthief by Jack MacLean

When he got there, he couldn’t believe what he was seeing. Speedy had lost it. The contents of the garbage bag was strewn amongst the trees. Speedy was stomping through the mud, hurling paper into the underbrush. Spools of videotape clung to the branches like streamers on a Christmas tree. Israeli and Indian currency skittered past a half-eaten salami sandwich. The mud around the car was flecked with dozens of tiny, glittering diamonds. It would take hours to gather everything up and burn it.

Click Here for ABC News Primetime Antwerp Diamond Heist

“I think someone’s coming,” Speedy said, looking panicked.

Notarbartolo glared at him. The forest was quiet except for the occasional sound of a car or truck on the highway. It was even possible to hear the faint gurgling of a small stream. Speedy was breathing fast and shallow—the man was clearly in the midst of a full-blown panic attack.

“Get back in the car,” Notarbartolo ordered. They were leaving. Nobody would ever find the stuff here.

The job was done.

Continue Reading

Click Here for ABC News Primetime Antwerp Diamond Heist

Thanks to Glengarry Glenpoon, Ryan, and everyone else who sent this to me.

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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

It’s All Right by The Impressions

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Madoff in Prison: Still Running Ponzis

» 13 March 2009 » In Crime, money » 1 Comment

Madoff in Prison: Still Running Ponzis

Click Here for Catastrophe: The Story of Bernard L. Madoff, The Man Who Swindled the World

Click Here for Ponzi’s Scheme: The True Story of a Financial Legend

Click Here for Catastrophe: The Story of Bernard L. Madoff, The Man Who Swindled the World

Click Here for Ponzi’s Scheme: The True Story of a Financial Legend

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

Reks – How Can It Be [Prod. Statik Selektah]

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