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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?

To: Randomwalker who wrote (5295)	2/15/1998 3:16:00 AM
From: Carl	Read Replies (2) \| Respond to of 10836

Haven't got a clue. Has anyone asked him? Is he really a billionaire? How do you know that?

To: Randomwalker who wrote (5295)	2/15/1998 12:21:00 PM
From: Bill Jackson	Respond to of 10836

Randomwalker;; People become billionaires from poorer people by getting into large ratio investments. If you could recognise MSFT way back in 1980, and put in $10,000 you would see what I mean. The very wealthy seed their money in quite a number of chosen investments, and some do well, some fail, and a few do extremely well. Intel, and many major mines are in this company, however the real ratio is in the small exploration companies and if they find something big...there is your high ratio, a ten to hundred fold increase. I am sure he also has some of his money parked in some money funds too. So you can see the super wealthy looking for new ventures, and in fact they are one of the nurturers of new ventures. The banks will not do it. A famous french billionaire(a Rothschild) was once confronted by a communist leader who wanted his fortune broken up and given to the workers. The billionaire asked his financial secretary to divide his wealth by the population of the earth, and when told this small sum reached into his pocket and gave a few centimes to the communist, who was completely non-plussed. Spread among all his fortune would vanish leaving only a distributed tiny good with no accumulative potential. Left with the banks it is misered away and given to established concerns, leaving the venture capitalist as the only hope of those who would be entrepreneurs(other than friends and bootstrap methods) So Mr Fung is getting ready to greatly expand his fortune, in my opinion, and you would be wise to emulate him. Bill