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/biz/ - Business & Finance

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262774

Based Robert Wilson Anonymous Sat Apr 5 16:43:35 2014 No.262774 [DELETED]

[DELETED]

[Reply] [Original]

>Started investing with $15,000 and ended with around $225 million 26 years later.
>Had (and gave away most of) over $800 million at the time of his death.
>Told Bill Gates to fuck off while making fun of his liberalism (http://www.buzzfeed.com/rosiegray/exclusive-emails-reveal-deceased-hedge-fund-manager-refused))
>Was a gay republican (despite being partially ashamed to be a republican).
>Went out like a badass and killed himself at age 87 by jumping from his 16th floor apartment.
>Alpha as fuck suicide note: "I had a rewarding life. Thank you and goodbye to all my friends. Please make sure you cancel all my plans. Tell everyone what I did. I’m not ashamed of killing myself. Sell all my stuff.'"

The only setbacks this man had were that he was a fedora and he killed himself, both personal choices of course.

Explain why he's not your idol.

>>	Anonymous Sat Apr 5 16:44:31 2014 No.262780 >Just walk into the business and give the manager a firm handshake

>>	Anonymous Sat Apr 5 16:50:02 2014 No.262798 >>262780 Or give him something firm.

>>	Anonymous Sat Apr 5 17:45:29 2014 No.262899 File: 14 KB, 307x409, d33.gif [View same] [iqdb] [saucenao] [google] Bump for a reminder.

>>	Anonymous Sun Apr 6 16:54:31 2014 No.264704 File: 72 KB, 202x202, 1368108153020.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Sun Apr 6 16:59:31 2014 No.264710 File: 97 KB, 421x512, 1336258591301.jpg [View same] [iqdb] [saucenao] [google] >he donated an estimated $500 million to various causes, including [...] the Catholic Church, though he was an atheist.

>>	Anonymous Sun Apr 6 17:03:31 2014 No.264717 >>264710 Churches often help other people, they don't just sit on the money donated to them. Do you really need this explained to you?

>>	Anonymous Sun Apr 6 17:13:31 2014 No.264725 >>264717 Not before helping themselves.

>>	Anonymous Sun Apr 6 17:15:01 2014 No.264729 File: 48 KB, 469x463, 1396818936191.jpg [View same] [iqdb] [saucenao] [google] >>264725

>>	Anonymous Sun Apr 6 17:16:01 2014 No.264732 >>264725 >I post opinions based on my euphoric feelings

>>	Anonymous Sun Apr 6 17:18:31 2014 No.264735 File: 51 KB, 471x604, [tips marinara].jpg [View same] [iqdb] [saucenao] [google] >>264732

>>	Anonymous Sun Apr 6 17:18:31 2014 No.264736 >>264710 He said he donated to them because they were excellent schools, he didn't care about the politics.

>>	Anonymous Sun Apr 6 17:20:31 2014 No.264742 >>264736 Were they private schools?

>>	Anonymous Sun Apr 6 17:36:35 2014 No.264766 >>264742 I believe so, yes. His philanthropy went largely to "preserving good things."

>>	Anonymous Sun Apr 6 17:39:05 2014 No.264775 >homosexual >"giving away" money, ever >literally killed himself, wow what a faggot >fedoric

>>

Anonymous Sun Apr 6 17:39:35 2014 No.264774

>>264766
>donating to private schools
>philanthropy
>kek

I went to a private Catholic school 1st through 8th grade. They spent years renovating their huge fucking church while the school's water faucets always tasted like rust. The last thing those people need are donations on top of tuition fees.

>>	Anonymous Sun Apr 6 21:59:31 2014 No.265229 >>264775 >Implying someone killing themselves at age 87 isn't badass.

>>	Anonymous Mon Apr 7 06:30:41 2014 No.265680 >>264775 Be greedy and cutthroat when you are young and poor, fair enough you have to get yours, but when you are old and rich you realise there is more than that.

>>	Anonymous Mon Apr 7 06:58:46 2014 No.265703 >>262774 What sort of rate of % ROI do you need to make a year to go from $15K to almost a quarter of a billion in a quarter of a century?

>>	Anonymous Mon Apr 7 07:21:00 2014 No.265714 >>265703 47.5%

>>	Anonymous Mon Apr 7 07:25:00 2014 No.265718 >>265680 >you realise there is more than that. Sure, if you actually manage to get the money you were seeking for so long.

>>	Anonymous Mon Apr 7 07:45:00 2014 No.265734 it seems to me that the only thing he was successful at was investing

>>

Anonymous Mon Apr 7 08:08:01 2014 No.265742

>>264774
I went to a Catholic high school and college.

Only good things to say about either, anon.

For the most part, Catholic schools beat out public schools.

And we could really use the morality taught in their sociology classes. This country's going down the shitter when it comes to a moral compass....

>>	Anonymous Mon Apr 7 14:25:58 2014 No.266145 >>262774 i wonder how many str8 guys sucked his dick to ride his coattails.

>>	Anonymous Mon Apr 7 14:30:27 2014 No.266151 >>266145 i wonder how many straight guys rode his coattails to ride his coattails

>>	Anonymous Mon Apr 7 16:06:05 2014 No.266262 >>265714 Wrong. About 44.5%

>>	Anonymous Mon Apr 7 22:37:45 2014 No.266914 File: 97 KB, 533x380, 1370160606106.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon Apr 7 23:08:32 2014 No.266955 >>266262 >exp(1/25*ln(250000000/15000))-1 >0.47528

>>	Anonymous Tue Apr 8 03:53:16 2014 No.267308 >>266955 15000*1.47^26=336002077.398 336002077.398/=/225,000,000 Unless I'm missing something. I suck at math so please feel free to correct me.

>>	Anonymous Tue Apr 8 17:50:10 2014 No.268216 >>266955 >>267308 Can someone tell who's right?

>>	Anonymous Tue Apr 8 18:34:17 2014 No.268279 >>268216 You're right, I was using the approximate numbers from the post I replied to, you had the exact ones from OP I mean, 44.5% return and 47.5% return are both pretty sweet, but still.

>>	Anonymous Tue Apr 8 18:42:47 2014 No.268298 File: 7 KB, 251x201, HNNNG.jpg [View same] [iqdb] [saucenao] [google] >>268279 Ah, gotcha. Yeah, I thought Peter Lynch's 29.2% a year average over 13 years was insane. Fucking 40%+ average is HNNNG worthy, especially over 26 years.

>>	Anonymous Tue Apr 8 18:50:18 2014 No.268311 >>268298 RenTech has averaged around 35% a year after fees since the 80's, which is insanely impressive considering their fees are fucking 5%/50%. 75% a year is incredibly HNNNNG worthy.

>>

Anonymous Tue Apr 8 19:30:47 2014 No.268378
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>>268311
This too. Based Simons. Although he's supposedly been slipping a lot in the last five years. It's amazing how it's all based on an algorithm. He won't even disclose whether sun movements are involved in it.

>>	Anonymous Tue Apr 8 20:56:37 2014 No.268521 >>268378 >all based on an algorithm Also, based on tax evasion. >http://dealbreaker.com/2013/07/renaissance-technologies-buy-and-hold-investor/

>>	Anonymous Tue Apr 8 21:06:56 2014 No.268536 >>268521 I dont know why, but this post made me cackle like a fucking hyena.

>>	BasedAmerican !!23F9NxWz7o7 Tue Apr 8 21:59:26 2014 No.268613 >>264775 >implying killing yourself via airsurfing at 87 is not badass I hope your old man shit drips off your hospital bed and onto your kids leg

>>	Anonymous Tue Apr 8 22:18:56 2014 No.268641 File: 80 KB, 639x329, 1360125033373.jpg [View same] [iqdb] [saucenao] [google] >>268521 I root for Mr. Simons. >>268613 Pic related. Thank you for the laugh.

>>

Anonymous Wed Apr 9 09:31:09 2014 No.269493

itt
talking about greed.
what is greed. can you buy it?
We can use biological explanations. Now can you still define greed?
short answer: No

also itt
>kid reaches for cookie. mom promptly whacks his hand.
Hurr durr greed hurr muh morals.
hurr durr your full of shit.

>>	Anonymous Wed Apr 9 15:06:59 2014 No.269967 >>269493 I think your doctor should up your dosage, champ.

>>	Anonymous Thu Apr 10 06:20:39 2014 No.271340 File: 157 KB, 336x400, 1368108267668.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Fri Apr 11 02:16:42 2014 No.273460 >>264736 ain't that the truth, the smartest people you ever met invariably went to catholic schools.

>>	Anonymous Fri Apr 11 19:27:28 2014 No.274690 >>273460 This. Religion:1, Fedoras: -4

>>	Anonymous Sat Apr 12 21:31:56 2014 No.276871 HNNNG