Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (5331)	4/5/2006 4:33:00 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 218790

Wellington economist Gareth Morgan has decided to give his $47m share from the sale of Trade Me to charity. Dominion Post -- 04 April 2006 -- By ANNA CHALMERS -- stuff.co.nz Investment adviser Gareth Morgan tells people what to do with their millions, but in a clear case of "do as I say, not as I do" he's giving away $47 million to charity. The economist and Dominion Post columnist has decided to put his money where his heart is and give away the windfall he made when son Sam sold the Trade Me internet auction business to Fairfax Holdings for $700 million. Despite his day job, Mr Morgan said he and wife Jo had decided their hefty payout was too much to manage. "I just can't think of anything to do with it," he said. "It's like winning Lotto 50 times, it's so out of proportion. We're just ordinary people." Mr Morgan said travel to far-flung regions of the world, including a motorbike trip in the Middle East, had made them realise how "bloody well off we are". The most difficult part would be deciding which charities to donate to, he said. The couple would set up a foundation to administer the money, which would be carved up among several existing charities. They would also look for advice from philanthropists such as Warehouse founder Stephen Tindall and Sir John McKenzie. "I'm not going to pretend for one moment that I know how to do it. We'll have to rely on other people's experience." The couple leave on another motorbike trip today through North America, starting in the Bahamas. .

To: Maurice Winn who wrote (5331)	4/5/2006 9:08:12 PM
From: elmatador	Respond to of 218790

It's always like that in the implementation of projects I work too! You kick start something. No one belives you. Then you put a lot of effort to understand the whole thing. 50% are stupid and can't see it. The other 49.5%is lazy and don't want to put effort. Management can't see beyond their little report. You don't stop and work together with the 5% to get it start. Slowly results appear. You get positively re-inforced. You pushed harder. Knowing that you are right, you get bolder: kick the asses of anyone in front of you. When it becomes unstoppable, being me Elmat, I start ridicularizing them, and make them feel like stupid. Because it is good and efficient, people have no other way but embrace it and I reach my objective. It doesn't matter, I realize, in the end I stand up saying, I'm the man! And then I look to the bank account and has got fatter. It doesn't matter in the case of ethanol eiher. As long as the money flows to Brazil... With Ethanol Brazil was the same thing.

To: Maurice Winn who wrote (5331)	4/5/2006 9:16:42 PM
From: elmatador	Read Replies (1) \| Respond to of 218790

China didn't start the revoltuion: I doubt that China was the first place where industrial revolution began or was invented, or even steam inside an engine powered by charcoal. China is just the first place to make a big-deal political issue of it thanks to economic ignorance, no oil, lots of land and lots of poorly paid people to do the hard labour. The USA (and Europe and Japan) has economic ignorance too, so has dopey subsidies. See how just changing the name of the country fits your theory! But it is China who turned the tables on the OECD countries and is taking: their lunches Their money Their cushy jobs Their holidays The school from their children Their cars their houses and pretty soon their girlfriends too. That because there's a deficit of women in China and as they start getting rich, women being who they are start preferring Chinese, capitalizing on that deficit there. Thta what Kruschev said about the west, China is doing rigt in fornt of our eyes. But we will just seat back and sell them food and commodities and rake in their cash.