|
|
#101
03-29-2007, 11:13 AM
|
|||
|
|||
Re: What next?
[ QUOTE ]
how old are u? since ur bragging about how much money u have made can u shed light to some of us as to how u achieved this so we can one day be like u [/ QUOTE ] Late 30s, I'd guess about 38. He used to manage billions of dollars for a hedge fund, beat the market every year with only 1 down year and did the same with his personal portfolio, he then retired. This thread and this thread should answer most of your questions and are worth reading if you are interested in investments. 
|
|
#102
03-29-2007, 11:14 AM
|
|||
|
|||
|
Re: What next?
lol ppl are responding like hes some 22 yo kid. He had his own hedge fund and got out because he has all the money one could want. Now he stays home and raises his kids (like 6-9 years old IIRC). I think hes about 40. You guys should read F&I more.
|
|
#104
03-29-2007, 11:28 AM
|
|||
|
|||
|
Re: What next?
[ QUOTE ]
Brag: I am under 40 and have more money than all the posters in this forum put together. Beat: What now? Totally unmotivated. Variance: (I never really understood this part, so I will leave it blank.) Save the hookers and blow comments. I have a family. [/ QUOTE ] A lot of the above answers to your post were either flames or practical advice. The reason is that your first posts were arrogant. I didnt like you at first, and my answer to your post will reflect that initial impression, and informs my advice to you. Get friends (seriously). This may seem like a flame, but if you had a group of friends, then you'd be able to come up with fun things to do and some life goals. Your family should obviously be number one in your life, but oftentimes people fall out of touch with friends after starting a family. Reconnect with old friends, or make an effort to find new friends with similar interests. Perhaps mentor someone. My guess is that you're a bit of an ass (again, not a flame per se, but a criticism that involves assumptions that may not be true. None of my non-ass friends would make this kind of original post). <u>If I were you, I would evaluate what kind of person I am and compare it to the type of person I want to be. Take some time to think about what kind of legacy you want to leave your children. Philanthropy and business ideas will probably flow from this introspection, and your life will be very rewarding.</u> Edit: Your investment advice in the finance forum has been valuable.
|
|
#105
03-29-2007, 12:24 PM
|
|||
|
|||
|
Re: What next?
[ QUOTE ]
how old are u? since ur bragging about how much money u have made can u shed light to some of us as to how u achieved this so we can one day be like u [/ QUOTE ] Late 30s
|
|
#106
03-29-2007, 12:26 PM
|
|||
|
|||
|
Re: What next?
Not to get back on the topic of net worth but I definitely thought there were quite a few $1m+ people here. I'm not talking about poker but its not that hard to accumulate $1m before you are 40. And I thought some people had some serious cash ($10m+) Am I wrong?
|
|
#109
03-29-2007, 12:40 PM
|
|||
|
|||
|
Re: What next?
[ QUOTE ]
[ QUOTE ] Brag: I am under 40 and have more money than all the posters in this forum put together. Beat: What now? Totally unmotivated. Variance: (I never really understood this part, so I will leave it blank.) Save the hookers and blow comments. I have a family. [/ QUOTE ] A lot of the above answers to your post were either flames or practical advice. The reason is that your first posts were arrogant. I didnt like you at first, and my answer to your post will reflect that initial impression, and informs my advice to you. Get friends (seriously). This may seem like a flame, but if you had a group of friends, then you'd be able to come up with fun things to do and some life goals. Your family should obviously be number one in your life, but oftentimes people fall out of touch with friends after starting a family. Reconnect with old friends, or make an effort to find new friends with similar interests. Perhaps mentor someone. My guess is that you're a bit of an ass (again, not a flame per se, but a criticism that involves assumptions that may not be true. None of my non-ass friends would make this kind of original post). <u>If I were you, I would evaluate what kind of person I am and compare it to the type of person I want to be. Take some time to think about what kind of legacy you want to leave your children. Philanthropy and business ideas will probably flow from this introspection, and your life will be very rewarding.</u> Edit: Your investment advice in the finance forum has been valuable. [/ QUOTE ] OK, perhaps I don't understand the point of BBV4Life. I get a kick out of reading this crap when I am watching TV, I have never posted before (unlikely to ever again, I suppose). I thought the "B" in BBV stood for brag. My bad if you are not allowed to do that hear. The question was a serious one, though, and although I expected more flames than help, I was curious about whether anyone would stimulate my thinking on this. I have done a lot of thinking about this subject this year... You can flame all you want, but some facts...I have a ton of friends, many of whom I have been close to for two to three decades. Part of the issue is that they all have jobs and families and are also all over the country...I can't see them every day. This and my family are the great parts of my life...I wasn't asking for that kind of advice. IF you read the OP, you will see it never says I am not happy. I am quite happy. I never set my alarm in the morning, I make every one of my kids' games and coach some of the teams, I travel when I want, I buy what I want, etc. A typical day can be sleep til you want to wake, grab coffee and breakfast in a cafe outside, workout with a personal trainer, get on the phone and spend a few hours keeping up friendships or heading into the city to see my old partners or friends, do a little research on the market and trade my portfolio a bit, dinner with family, kids to bed...rinse, repeat. This is a very nice way to live life. But "happiness" is different from "satsifaction". THe first year after I quit I was just happy to be not grinding 14 hours a day. So just the above is enough to be very happy. I put it this way. My friends can't believe I am not back working yet. THey all ask if I am bored. THe answer is no. I am almost never board, because I can find things I like to do, if nothing else I can just read a book because I like to learn. I am, however, sometimes AIMLESS. That is the key issue I was posting about. When you got three decades with a singular goal-- to achieve wealth and security so that you don't have to work again...it is actually a pretty jolting change to have that goal disappear. Easiest thing by far is to go start a business...but that feels shallow - why do it? For the challeng? Been there done that in my old field. For more money? I am not the richest guy around by far, I have many friends who are richer. But it is very clear to me that more money will not improve my quality of life. DOing anything just to make money would make me feel like I was wasting my life. For me, I am most interested in impacting other people's lives positively -- I do this daily with people I know, but financially and with a lot of advice around career, etc. I have not been able to find the hook yet for how to make this more "institutional" in my life. I totally agree with the underlined portion of your post...that is the process I am going through... cheers.
|
|
#110
03-29-2007, 12:42 PM
|
|||
|
|||
|
Re: What next?
[ QUOTE ]
can we get a quick rundown of the last 40 years of your life (or however old you may be)? [/ QUOTE ] Grew up in East Coast. Top Ugrad school in quant econ. A little Ibanking and venture capital for a couple years. Top business school. One year at hedge fund in SoCal that was a mistake, then 10 years at a fund where I was an origianl employee. Quit. Enjoy life for 2.5 years and think I am lucky and happy. Post in BBV4Life and realize I actually am an unhappy, pathetic ass after all.
|
 |
|
|
Linear Mode
