A great series on China’s Rise on Hulu, video/link below. Watch Episode 5,2, and 1 (in that order).
http://www.hulu.com/china-rises
Episode 5 below follows 3 British entrepreneurs making their millions in China. They experience immense opportunity, unique challenges, and obscure environments. Also interesting to see entire cities dedicated to one product like zippers, underwear, or faucet taps.
Entrepreneur Magazine just recently posted their list of Franchises for under 50K catergorized by industry. Take a look HERE.
Michael Jordan stated “I’ve failed over and over and over again in my life and that is why I succeed”
Check out these business’s that Richard Branson tried out that ultimately failed.
Link located HERE.
Entertaining profile video below on Elon Musk, which delves into the intricacies of his amazing business endeavors and examines his risk taking.
Facebook suffered its biggest one day drop this week since its inception on Friday. Pretty interesting article from Market Watch. Facebook is basically half of what it IPO’d at ($38), with some saying it could go as low at $10/share. Article Link below.
A stock I have been following for a while, simply because of the HUGE dividend (32%) is YPF, the large Argentinean energy company.
YPF has a very interesting back story, as the government of Argentina recently took over the company. The Argentinean government is basically demanding YPF to use its earnings to develop the country instead of paying dividends to investors.
This fact, in addition to the current oil market, has driven down the stock price to the lowest it has been in 10 years. It is currently at $10.45 with a high EPS of 3.
Very interestingly enough Carlos Slim (wealthiest man in the world) acquired an 8.4% stake today.
Definitely worth taking a look at, and this announcement will most likely boost YPF’s price. Not sure how I feel about it yet. If you are looking for high yield with no government drama, albeit not as high a dividend, check out AGNC which I purchased recently and has done well for me.
Pretty amazing Howard Schultz profile from 60 minutes below (12 minute video)
Schultz talks about how he went from living in public housing and selling his blood to get through college, to creating a $29 billion corporation that doubles sales every 3 years. He also dives into some of the unique marketing practices Starbucks used to create such a dominant brand, and how how he managed to get investors back in 1987.
Tony Horton profile yesterday on WSJ worth sharing.
Horton describes why/how he created P90x, his humble beginnings and what keeps him inspired
P90x is always good after a cheeseburger and donut combo at Tim Horton’s in Canada.
Even though WHERE THE WILD THINGS ARE was probably the worst movie I have ever seen, Spike Jonze’s rise to wealth is truly remarkable (and he HAS made some great films like BEING JOHN MALKOVICH, ADAPTATION etc). This video below gives a comprehensive look at his talents and entrepreneurial career. Most interesting to note is [...]
Very entertaining and informative video from International Monetary Fund on the growth and future of the Chinese Economy.
In my opinion this video below is the best episode of Millionaire Inside simply because the producers managed to wrangle some of the best entrepreneurs and personal finance authors around. Each guest speaker speaks about their background, personal story, and means for inspiration behind their immense wealth and success. Featured speakers: -Keith Ferrazzi (author of [...]
Great article in WSJ posted HERE on the enormous gambling market of March Madness, some facts/excerpts below: “When it comes to betting, experts expect more money to be spent on March Madness than the Super Bowl. According to RJ Bell, the owner of Pregame.com, $12 billion dollars will be spent worldwide on March Madness betting. [...]
With the New York Times reporting the breaking news that NASA may have found sources of liquid water on Mars, I wanted to highlight serial entrepreneur and Space X CEO Elon Musk (the real life Tony Stark) who wants “Man to be a Multi-Planet Species”. For anyone who has not heard of Musk and his [...]
Below a great hour long video in which Tim Ferriss, the author of The New York Times best selling book The 4- Hour Work Week, describes the ways he built his business and his subsequent rise to wealth. Most notably, Ferriss stresses testing one’s market before creating a product, and the specific ways he did [...]
Rob Dyrdek grew up in Ohio (not the typical skateboarding Mecca), and after discovering the skateboard became ingrained in the small but passionate local skate scene. Quickly becoming a pro, he moved to San Diego to engulf himself in the real skateboarding Mecca at the time, San Diego, and received lucrative sponsorships. Most interesting about [...]
