Who do you respect most in the money world ?

Pat494

Legendary member
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I suppose one should give credit where credit is due but refine it down to which actual people have a lifestyle and ideas similar to one's own and who one could use as a template for one's own endeavours. Success and wealth are the important features. Helping others by discussing their own methods to achieve success is also a valuable part of the whole.

So who is your favourite person and why ?
 

Pat494

Legendary member
14,591 1,564
People like Warren Buffett or Steve Jobs must be at the top.
Maybe past characters like Nelson Rockefeller who gave 10% of his earnings to his local church to redistribute. Or Andrew Carnegie the poor Scots lad who made a fortune in the USA and went on to donate whole public libraries around the world.
Perhaps someone who has a similar personality as yourself or what you would like to be. Maybe a rich heavyweight like Trump who dives into politics and stirs them up, in his flamboyant style.
 
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Pat494

Legendary member
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Maybe he ought to buy a bio company that is working on rejuvenating old age !!
 

Pat494

Legendary member
14,591 1,564
The phenominal rise of Jeff Bezos, the founder of Amazon must take pole position currently. World's richest man and recently donated $12 billion to good causes. Perhaps one of them would be to equip a ship to scoop up the garbage floating around in the world's oceans.
 

Pat494

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A great pity Bloomberg made such a mess of his campaign to be President.
He has already done a lot for the planet though unlike some super rich.
 

Nowler

Experienced member
1,347 161
I've only got one... two by association.

"Charlie & I" (Buffet & Munger)

This is not even really about the vast fortune Buffet has amassed over a long track record, but rather his attitude and temperament. What a nice guy! The money doesn't seem to have changed his personality at all.

And by association, Munger. If he's liked by Warren, then he's liked by me. I love looking at their shareholder meetings. The two of them are adorable! haha
Charlie doesn't talk much, but when he does, it's my kind of language.

It's sad to think that these two wont be around much longer. What a sad day that will be.
 

J Livermore

Active member
125 38
I suppose one should give credit where credit is due but refine it down to which actual people have a lifestyle and ideas similar to one's own and who one could use as a template for one's own endeavours. Success and wealth are the important features. Helping others by discussing their own methods to achieve success is also a valuable part of the whole.

So who is your favourite person and why ?
For me, I’d have to say William J. O’neil of Market Wizards and Investor’s Business Daily fame.

I met him in the late 80’s when I was taking an investment course that he and David Ryan (also of Market Wizards) were teaching. When it was time to go to the dining room for lunch break, William O’neil luckily chose my table to sit at so I got to engage him in personal conversation for around a half hour or so.

One of the things I like most about him is that he practices what he preaches. He firmly believes that traders should remain humble and not allow the markets or success to give you an ego. That in my opinion is a difficult thing for traders to accomplish.
 
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Pat494

Legendary member
14,591 1,564
Charlie Munger, the brains behind Warren Buffet must be right up there too.
" Easy money corrupts "
" He quotes Rudyard Kipling " Don't lose your head when those all around are losing theirs. "
 
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Henow1969

Active member
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The respect could be earned from the philanthropy the rich do. But the fact that they have money automatically qualifies them as honourable in our present society as many people have vested interest which can be served by being in their company or sticking to them.
 
 
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