Lately, I have been just slipping, sliding, gliding, lowriding and realizing.
When I wrote Orange County’s Top Bachelor, it reminded me on how many of these media “hype machine” created “players” I have defeated over the years.
Musicians, Actors, and Athletes have not been spared. I have named some names (re-read The G Manifesto) but for me to rip the lid off, a publisher has got to come at me like they came at Gary Vaynerchuk. 7 figs min.
Hell, with all the noteworthy scalps I have, I was mildly shocked that Time Magazine didn’t ring me up for Person of The Year, instead of Ben Bernanke.
Maybe they don’t have my cell (I do change numbers very frequently, and I am thinking seriously of ditching cell phones all together).
But that’s neither seared foie gras on the menu or a fly Nightlife Princess to attend to.
To kick it real, I have probably done more good for the economy than Bernanke. I have dropped heavy dough this year on fast living, fast women and umm, fast women. The rest I just squandered.
The more that I think about it though, I have been spending CASH in “emerging markets”; that is on swooping fly foreign girls.
So, even though Bernake is setting us up for even worst economic failure. I guess he can have the award.
Because, it’s like that, you know it’s like that, I got at him, now you never get your girl back.
All jokes aside, Manny Pacquiao should have won “Person of The Year”.
Michael Porfirio Mason
AKA The Peoples Champ
AKA GFK, Jr.
AKA The Sly, Slick and the Wicked
AKA The Voodoo Child
The Guide to Getting More out of Life
http://www.thegmanifesto.com
It was only a matter of time before Tiger got his hip-hop shouts. Thanks to T over at http://therawness.com/ for putting me up on the track.
Sol Price, a retail magnate who three decades ago altered both the American landscape and the American way of shopping by founding Price Club, the first nationwide members-only discount warehouse, died on Monday at his home in La Jolla, Calif. He was 93.
With Robert, Mr. Price started the first Price Club in 1976 in a cavernous former airplane parts factory in an unfashionable part of San Diego. The business, which offered consumer goods as varied as tires, books and household appliances at extremely low prices, proved to be the leading edge in the multibillion-dollar influx of discount big-box stores, among them Costco, BJ’s Wholesale Club and Sam’s Club.
I am a couple of days late on this story, as I was busy swooping fly girls in the Caribe, getting mad shoulder rubs, while puffing on Marlboro Gold’s.
I was deeply saddened by the news of Mr. Price’s passing, as I have some ties to the family. My heart goes out to them.
A True G, top tier biz cat, Democratic powerhouse and always gave back. And did it with Style. People’s Champ if the ever was one.
The main lesson from him: Keep overhead to an absolute minimum.
You know your G when Sam Walton bites your steez:
One of the chief beneficiaries of Mr. Price’s legacy, Sam Walton, acknowledged the debt in his 1992 memoir, “Made in America” (Doubleday, 1992; with John Huey). Mr. Walton, the founder of Wal-Mart and Sam’s Club, wrote, “I guess I’ve stolen — I actually prefer the word ‘borrowed’ — as many ideas from Sol Price as from anybody else in the business.”
Michael Porfirio Mason
AKA The Peoples Champ
AKA GFK, Jr.
AKA The Sly, Slick and the Wicked
AKA The Voodoo Child
The Guide to Getting More out of Life
http://www.thegmanifesto.com
Last night I took a trip down to Miami to visit with Jim Rogers at a book signing for his most recent book entitled: “A Gift to My Children: A Father’s Lessons for Life and Investing.” After speaking briefly about his 3 year tour around the globe he spoke a little about the aforementioned book and took questions from the audience.
These are the general themes I took away in no particular order:
Jim said numerous times he is a terrible market timer, he went as far to say he’s not the worst in the room but the worst in the world…very humble.
While Jim’s primary residence is in Singapore he also has a dwelling here in Florida, what I found interesting is that he rents and does not own his home here in Florida. The fact that he sold a lavish residence in New York before the real estate crash and rents here in Florida may be that his timing is better in real estate.
Though he waited later than most, he stated one of his proudest accomplishments was having children. For one of the most successful investors in our time that speaks volumes about the father he most likely is.
Not only did he move his family to Singapore but his two daughters will be fluent in Mandarin and Spanish.
He did not go into specifics about his bank accounts but his two daughters have Swiss bank accounts, not accounts denominated in US dollars. What does that say about his feeling on the US dollar?
He has no short exposure in US Treasuries, currently he thinks the multi-decade long bull market in this complex is over and he believed he would be taking a hefty short position at some time in the future.
Jim Rogers: Audit the Fed, Then Abolish It
One of the questions from the audience pertained to getting an MBA. Jim’s response in so many words was that it would be a complete waste of money and time. He suggested traveling around the world would be a more valuable experience. He went as far to say that sitting in a hot tub in Boston one could learn more than going to some of the prestigious universities there.
Jim had little good to say about the current choices Central banks are making and implied serious inflation is all but inevitable. He expects rates to be much higher but gave little time frame. He said jokingly we may run out of trees if the printing presses continue to run at their current pace.
The only real estate advice I recall him saying is buying a farm in the Mid-west to take advantage of the boom he expects in Commodity prices.
Bull cycles in commodities in the past have lasted between 18 and 20 years. In his view we have another decade or so in the current cycle.
As a commodity trader, what I found most interesting was that in his jacket pocket he had a gold and silver coin and a sugar packet. This was probably to prove a point but it really hit home with me and other audience members.
Globe “Overdue For a Currency Crisis”; Why Jim Rogers Is Buying Dollars
Perhaps one of the most staggering things to me was how little of the general population was in that room, the US and around the globe that are investing in commodities. It will change and I believe those that exercise discipline in the next 5-10 years stand to deeply benefit.
Find attached some historical pricing on several commodities to put things in perspective on how low and how high prices have been in the past and where we sit today. These figures are not adjusted for inflation. Being Rogers is a terrible market timer he suggested looking at buying when prices are depressed and selling when prices are elevated.
Risk Disclosure: The risk of loss in trading commodity futures and options can be substantial. Past performance is no guarantee of future trading results.
What Recovery? America’s Problems “Getting Worse, Not Better,” Jim Rogers Says
One of the things I respect most about Pernell Whitaker (and for that matter Roger Mayweather) was the fact that he would do whatever it takes to win.
I remember the Pernell Whitaker vs. Roger Mayweather fight from back when I was a young cub running all kinds of hustles. I was shocked with the violent beauty of it all.
I was even more impressed with both fighters will to win at all costs. No holding back. Rules are meant to be shattered.
Check it:
Pernell Whitaker vs. Roger Mayweather
• Even before the fight starts, Whitaker is landing blows (0:15). Mental Warfare.
• Uses Impeccable Technique in Round One to score a knockdown (1:18) with a sick right hook – left hook combo.
• Throws five punches after the bell (1:30). Mayweather, dazed goes to the wrong corner. Referee has lost all control of the fight.
• Throws a punch on the break (2:01) and lands it on the referee’s mug.
• Whitaker and Mayweather go to war and exchange heavy shots.
• Whitaker fights like a demon possessed (3:30).
• Sweet Pea not afraid to use an occasional elbow or two (4:20).
• Pernell notices that The Black Mamba is having trouble with his trunks, and takes advantage (4:47). First rule of boxing: Protect yourself at all times.
• Then taunts Mayweather (4:56).
• Much respect to Mayweather for channeling his energy to dropping Whitaker then hitting him while he is down (5:27).
• Whitaker is hurt, and is smart enough to hold.
• Regaining his head, Whitaker throws bombs back (6:49). Wobbles Mayweather.
• Mayweather plays possum (7:20).
• Whitaker “spins” Mayweather (8:10).
• Both fighters pour it on till the closing bell.
• Mayweather lands a late punch.
• Whitaker wins.
Apply these lessons of “winning dirty” to your own life.
Michael Porfirio Mason
AKA The Peoples Champ
AKA GFK, Jr.
AKA The Sly, Slick and the Wicked
AKA The Voodoo Child
The Guide to Getting More out of Life
http://www.thegmanifesto.com
If you are not familiar with Gary Vaynerchuck, he is a cat that took a family liquor store from $5 million in sales to $50 million in sales using the Internet and social media. He also got a 7 sticks book deal. Not bad in a Down Economy.
His book is basically about using your passion in life to make money. The book gives some great advice on exactly how to do that and build your personal brand using social media.
This is a pretty remarkable time we live in. Younger G’s should appreciate it. You really can become anything you want to these days. Manifesto Destiny.
Why you should by this book:
1. If you are unhappy with your job and you would like to do something that you love doing.
2. If you want to learn how to turn your passion into a money maker.
3. You want to learn whats going down in the world today.
Michael Porfirio Mason
AKA The Peoples Champ
AKA GFK, Jr.
AKA The Sly, Slick and the Wicked
AKA The Voodoo Child
The Guide to Getting More out of Life
http://www.thegmanifesto.com
