The super rich feel an incredible sense of control over their own fate

Real wealth is not about money Real wealth is: not having to go to meetings not having to spend time with jerks not being locked into status games not feeling like you have to say yes not worrying about others claiming your time&energy Real wealth is about freedom - James Clear

1) Satya Nadella has driven the best turnaround in technology history at $MSFT. IMHO, much more impressive than Gerstner/IBM. Interesting that Alan Mulally – a phenomenal automotive and aerospace exec who lacked sw experience - was the consensus choice for $MSFT CEO at the time.

Early websites for tech companies Facebook (2004), Netflix (1999), Amazon (1995), & Google (1997):

If you look at the left image, all three dancers will rotate clockwise. But if you look at the right image, all three dancers will rotate counterclockwise. x.com/universal_sci/…

One of my fav Amazon stats: In 2000 (its peak year of cash burn), operating cash flow was -$130 million, or negative 5 cents for each dollar of sales. Uber last year: Operating cash flow of -$1.54 billion, or 14 cents for each dollar of sales. nytimes.com/2019/04/28/tec…

I had no idea that Disney owns this many companies $DIS

Revenue generated each hour: $AMZN: $28.3 million per hour $AAPL: $27.5 million per hour $GOOGL: $17.2 million per hour $MSFT: $14.5 million per hour $INTC: $7.6 million per hour $FB: $7.1 million per hour $NFLX: $2.1 million per hour via Jon Erlichman

Cash each company has: Apple: $225.4 billion Microsoft: $131.6 billion Google: $113.5 billion Samsung: $90.6 billion Facebook: $45.2 billion Cisco: $40.4 billion Oracle: $40.0 billion Amazon: $37.0 billion IBM: $18.0 billion

Ray Dalio Explains His Holy Grail newtraderu.com/2019/05/03/ray…

Dear high school kids, learn 1 public speaking 2 writing well 3 storytelling (see 1-2) 4 critical thinking (not cynicism) 5 good manners 6 active listening (hear with your eyes) 7 networking (trust and giving) 8 good customer service 9 how to sell 10 to fight against entitlement

JUST POSTED: The New York Times has obtained 10 years of previously unrevealed figures from Donald Trump's federal income-tax returns - from 1985 to 1994. Trump ran up $1.2 billion in core business losses in the decade we examined. LOTS here 👉 nytimes.com/interactive/20…

Amid the trade war, it's worth checking out this Bloomberg graphic on their economies: -China GDP is projected to overtake US level in 2030 -US GDP per capital= 3.6X China's - China has similar proportion of city dwellers as the US in 1940 bloomberg.com/graphics/2016-… Bloomberg Graphics

Revenue generated each hour: Amazon: $28.3 million Macy’s Best Buy Sears Target $25.5 million Gap (combined) Big Lots Kohl’s Foot Locker J.C. Penney Barnes & Noble Nordstrom Bed Bath & Beyond

Rayner Teo My books with backtested signals: 5 Moving Average Signals That Beat Buy and Hold: Backtested Stock Market Signals on $SPY-Steve Burns Trading Tech Booms & Busts Backtested $QQQ Moving Average Systems-Steve Burns 50 Moving Average Signals That Beat Buy and Hold-Steve Burns

Still impressed that Microsoft -- "missed the internet," "missed the phone," -- is worth more than Amazon, Google, and Apple.

10K RTs and I'll buy this billboard near the hedge fund managers $44M vacation home in Miami as a thank you to r/wsb for the free $$$ monies today💸