/biz/ - Business & Finance

[Anonymous No.57273501]

Why do people pretend like billionaires didn't earn their wealth? It's not like they were handed it.

[Anonymous No.57273624]

The super rich didn't fuck the average person, their investments are not small time shit. Property was made unaffordable by all the mom & pop investors buying 1-2-3 or so homes each, so basically the upper-middle & upper class completely fucked up the middle and working class.

There is not a billionaire going around buying up homes, its normalfags from upper-middle and upper class backgrounds flipping properties or accumulating properties via debt.

The normalfags started this, not the billionaires, the billionaires dont give a fuck about buying out your street full of family homes and demolishing them to build units, thats all small time property developers and boomers who are upper-middle/upper, no where near the super global rich elite.

[Anonymous No.57273724]

>>57273624
>There is not a billionaire going around buying up homes
Post nose larry

[Anonymous No.57273760]

>>57273624
the problem is inflation. savings are either real estate or stocks. fix the money fix the world

[Anonymous No.57273778]

>>57273501
Even if you have millionaire parents going from that to a billion is a tremendous long shot. But leave it to bluepilled zogbots to undermine the achievements of anyone who aspires for more than living in a pod and polishing kikes boots

[Anonymous No.57273784]

>>57273501
This image was certainly made by a mega MAGA chud

[Anonymous No.57273786]

>>57273501
Nepotism and rich parents do not help if you don't learn or do anything useful. Most of you will never know but it's pretty hard to control a tech company.
I don't really like these guys but at least they created useful products.
Except Warren Buffet. He is just a parasite insider trader. He should be slapped with a fish for that smug smile!

[Anonymous No.57273809]

>>57273624
>Property was made unaffordable by all the mom & pop investors buying 1-2-3 or so homes each, so basically the upper-middle & upper class completely fucked up the middle and working class.
USA, Canada and Australia has much lower population density than Europe and the houses are still more expensive there.
Property is unaffordable in most places because the government don't allow you to build houses.

[Anonymous No.57273818]

>>57273501
Steve Jobs earned it. His parents were blue collar workers and he funded Apple by selling his own car for $700.

[Anonymous No.57273820]

>>57273501
Billionaires are chosen by the dead gods. They are merely instruments playing their part

[Anonymous No.57273857]

>>57273778
Not really, it's just a x1000 return. It only takes one or two shitcoin investments (aka Paypal or Amazon) to get to their from a million. Just look at the all the idiots on here who made 1M while working at McDonalds.

[Anonymous No.57273877]

>>57273818
Just scam your best friend bro!!!!

[Anonymous No.57273894]

>>57273877
Woz would be a billionaire today if he hadn't sold most of his Apple shares in the 80s.

[Anonymous No.57273898]

>>57273818
His friend is the one who did all the work and he expressed how he felt about getting ZERO credit for anything he's done for Apple. Steve jobs fired employees in his s8yb8y anger outbursts for no reason and had a fetish for sticking his feet in the toilet and flushing it to calm his mind. Back to the point: he did not build apple to what it is, his friend did. It is true they started everything out of their garage though.

[Anonymous No.57274020]

>>57273501
You HAVE to be intelligent to be a billionaire. There are plently of rich kids who went broke

[Anonymous No.57274038]

>>57273857
>Not really, it's just a x1000 return
do you have 1000x more net worth than your parents

[Anonymous No.57274057]

They didn't work 650,000 times harder than a guy breaking his back in a warehouse. If harder at all. That's why they get so much resentment.

[Anonymous No.57274062]

>>57273501
When you understand how hostile civilization is to the creation and transfer of wealth, you really can't fault billionaires for pushing everything to the limits as much as possible to try to protect themselves and their loved ones from being utterly devoured like everyone else and by everyone else. As soon as you have something to take, everyone lines up for their shot to take it, including your own government. If you just bent over and spread your cheeks, you'd be amazed how fast you run out of things to take and you end up following everyone to the next line looking for the next dumb ass bending over and letting everyone take them away in pieces.

[Anonymous No.57274068]

>>57274057
the guy in the warehouse in america doesn't work 100x harder than some laborer in china so why is he worth 100x more ?

[Anonymous No.57274085]

>>57274038
Not yet, only about 100x, give me a couple more years

[Anonymous No.57274113]

>>57274068
Because the American is a human being not a bug

[Anonymous No.57274136]

>>57274062
that is true but we have the power to change that, we can make a better world, a world of good if everyone would try and not one up the other...

[Anonymous No.57274152]

>>57274020
Children that are the heirs to rich dad money have all the money in the world to learn and experience whatever they want to experience. They may be intelligent, but they are not wise. Being wise with your money is a whole different ballpark that has nothing to do with intelligence.

[Anonymous No.57274171]

>>57274113
>Because the American is a human being not a bug
sorry man but thats exactly how they perceive wagies

[Anonymous No.57274199]

>>57273501
People acknowledge that the "self made" is a bullshit term but don't make the connection wealth generation is a family affair.

Why gives?

[Anonymous No.57274236]

>>57273501
Cry harder, wagie.

[Anonymous No.57274282]

>>57273501
Bufett bought a land at 14 and was taking money from some tenant farmer for few years
Proof that he was born with very high iq
You can't really change iq, i wish i was born in some elite blue-blooded family but i lost the genetic lottery

[Anonymous No.57274288]

most retards here wouldn't know what to do with a serious inheritance

[Anonymous No.57274294]

>>57274152
>Being wise with your money is a whole different ballpark that has nothing to do with intelligence.
Yeah. I think it's just about thoughtfully laying down some ground rules for spending and where excess is allocated and then following these rules with the zeal of a jihadist. I have set a fixed amount to keep in my checking account equal to 1.5x my monthly expenses (bills/groceries), any more than that goes into HYSA, up to a limit of 5x the value of the checking, this is my cash buffer to protect my equities from being dipped into in unexpected circumstances like a car breakdown. When these are both full every extra penny gets funneled into my taxed brokerage. Oh yeah and every start of year a small portion of my HYSA gets dumped to instantly max out my Roth. Overall it's not a high iq financial management plan at all, a monkey could come up with a decent plan, discipline is what truly makes you good with money. The world is full of temptation.

[Anonymous No.57274315]

>>57273501
>>57273624

America needs a new homesteading declaration. Mexico and Canada are ripe for the taking.

[Anonymous No.57274339]

>>57273898

Have you ever noticed a lot of these billionaires have partners that they just screwed over?

[Anonymous No.57274342]

>>57274282
and bezos was the bastard kid from a teenage mom and a unicyclist then grew up on his grandparents ranch and doing wagie jobs before being valedictorian and top of his ivy league engineering class and president of his frat then work at a quant firm before starting amazon in the early stages of the dot com bubble

commie cucks are always seething before doing any research

[Anonymous No.57274433]

Imagine seething about how high iq people come from high iq families and high iq families usually have people in them that make lots of money. Like of course people smart enough to become billionaires come from families smart enough to make money. The only people who seethe about this are retards from retard families who arent smart enough to make money. They act like any mundane moderately high paying job is a ticket to uber success. Like look at Bezos's blurb: it just says his adoptive father worked at Exxon mobile for 10 years, like that automatically makes him rich. Thats upper middle class at best. Imagine how many kids of Exxon workers didn't even become multi millionaires. Nevermind the fact that he was the product of teen pregnancy and his real dad was a fucking circus act.

Losers will come up with any justification as to why theyre losers. it's sad.

[Anonymous No.57274614]

>>57274433
Holy based anon, well said.

[Anonymous No.57274661]

>>57274433
Intelligence is a small factor compared to luck and connections and birth circumstances. It can be a linchpin that makes the other stuff actually useful but just being 160 iq does nothing. If anything, the smarter you are the more at risk you are of alienating yourself from the cattle herd.

[Anonymous No.57274689]

>>57274136
I would love for you to be correct, but I'm not entirely convinced this civilization is beyond crucifying Jesus himself 10 out of 10 times, even if he showed up on a beam of light radiating out of God's giant ass cheeks as they poked through the clouds above the capitol building. Until that is no longer the case, everyone with a savior complex should consider a little more caution in their world view. I am eagerly awaiting to be proven wrong and when that happens, I think very special things will happen for this planet.

[Anonymous No.57274707]

>>57274661
> luck
> Losers will come up with any justification as to why theyre losers. it's sad.

[Anonymous No.57274738]

>>57273786
buffet is just an oil boomer who uses his name/power to get into deals

Not sure wtf bill gates is up to, chipping people, injecting them with untested vaccines. i suppose africans are some sort of medical test fodder.

Bezos is trying to acheive something thats probably impossible and the second he starts making real profit, they will try to break up the monopoly.

Elon is realistically a hero and will overshoot his agenda publicly, to layup. i think he got in over his head with twitter, mostly because he took things too fast politically. he should have just let people on the platform do it for him.
But realistically i think him and google will fight it out for the lead in Building home use robots, with microsoft opting to stay on the sideline for a.i. software with better margins.

only 15 more years until elon takes the credit for building your waifus.

[Anonymous No.57274768]

>>57274068
because the supply and demand of labor.
its not like you can just ship asians over and teach them english to work in the american factory. because even if you did, someone else would hire them for slightly higher pay.

and the factories that are in america, stay in america because of logistics/freight

[Anonymous No.57274826]

>>57274707
I accept your concession

[Anonymous No.57274828]

>>57274282
>Buffet if he was born in 2010

[Anonymous No.57274843]

>>57274342
>but its not fair
>harsh conditions
>low wages
>shit job

[Anonymous No.57274860]

>>57274661
your 115 IQ is showing

[Anonymous No.57274861]

>>57273624
Post nose

[Anonymous No.57274892]

>>57273624
absolute bullshit. It was FED policy propping up the housing industry (buying MBS in the Trillions), led on by WallSt. & Banks

if the US govt. hadnt made it illegal for housing prices to go down then homes would be affordable

[Anonymous No.57275497]

>>57274892
So? most of those in the gov were from poor families and only the upper echolen from wealthy families.
Only retards aka poorfags play by the rules others put in place to keep themselves in power aka laws.

[Anonymous No.57275561]

>>57274433
this
>>57274661
but this as well
there is a shitload of people working just as hard if not harder than bezos who are just as smart as him
if you think the top 0.000001% wealth was made because bezos is literally in the top 0.000001% and he wasnt lucky at all youre fucking retarded

[Anonymous No.57275680]

>>57274433
His dad gave him 300k for an internet startup retard, his family was that rich.
Try doing that in your so called middle class family you claim he has.

[Anonymous No.57275719]

>>57274113
no wagie is human, american or otherwise

[Anonymous No.57275911]

>>57274433
lol yeah paris hilton and hunter biden are high IQ . FUCK YOU.