Why is Mark Zuckerberg Richer Than You?

By Jonathan Quek

One of the young billionaire whom I truly admire is Mark Zuckerberg, the CEO of Facebook. Both Mark & I were born in the same year but he is now worth an estimated $6.9 billion.

What excites me about Mark is not only his net worth but how he changed the lives of many people. A friend of mine whom recently got himself a baby told me that he met his wife over Facebook many years ago. Today, we see people texting each other through Facebook instead of emails. Every night, one common practice that I've is to check my Facebook newsfeed before I doze off. For the first time in history, people live in an online world and they can learn about anything no matter whether they are rich or poor.

Today, we live in an Information World and I believe that information is only valuable when you apply the right knowledge to understand the information and to act on the information.

During my seminars, many people tell me that they have seen the news that I share but they have never been able to interpret the news. They read in newspaper that gold is a good investment but then they still lose money investing in gold. My answer is simple... It's not gold or silver that makes you rich, it's what you know about gold or silver that will make you rich.

In today's Information World, you can have all the information you need in this world but you can still be poor. I believe that Mark Zuckerberg is successful because he has the required knowledge to build Facebook to leverage information. He knows how to build a team and find people who are smarter than him to make Facebook a great success. It's not the technology information that made Mark Zuckerberg rich. It's his knowledge to create and leverage on the information that he has.

In today's Information World where information is plenty, I believe that what sets a poor man apart compared to a rich person is the ability to process those information. You have to grasp the financial knowledge to be able to leverage on these information. Today, amidst the gloomy economic news, I'm very happy. Simply because... In times of crisis, wealth is never lost, wealth is merely transferred from one asset class to another. I encourage you to increase your financial intelligence to process these information and create massive wealth!

If you enjoyed this article from Jonathan Quek and would like to receive more information on how to achieve a successful money mindset and learn personal excellence or wealth intelligence principles that really work, then please visit: www.Jonathan-Quek.com

Article Source: http://EzineArticles.com/?expert=Jonathan_Quek

http://EzineArticles.com/?Why-Is-Mark-Zuckerberg-Richer-Than-You?&id=6177043

I have money

http://browse.deviantart.com/?qh=&section=&q=money#/d14mgnd

Value Investing – The Early Warren Buffet Way

Value Investing – The Early Warren Buffet Way

Author: Moneyvineyard

I am presently rereading and recapping Warren Buffet’s partnership writings to his partners from his original partnership. What is amazing about his letters to his investors is that these letters were written before the time that Buffet was renowned in the investment world as a fantastic stock picker. He was 25 years old when he started the partnership and he was entrusted with the equivalent of less then one million dollars in 2010 dollars. At the time he started the partnership he had just ended working for two years in NYC working for his famous Columbia Business School teacher, Ben Graham.
There are a lot of illusions about how Buffet invested his money in his partnership. His partnership letters help shed some light on what sort of stock picks he was making at the time.  His early and relatively unknown partnership letters are even more important for many at home, do it yourself, investors. Because honestly most of us are investing less than one million dollars, just like Buffet when he first started, but he eventually became the richest man in the world. To a majority of “home gamers” these letters are great because unlike the Berkshire Hathaway letters of today, Buffet wasn’t controlling billions of dollars. And he wasn’t making the prices of stocks to move up or day simply because he was buying or getting rid of stock. Simply put, when these letters were written, Buffet was just like you and I, but then he started compounding his money…
Warren Buffet’s Value Investing approach to his 1st million dollars and more – The Buffet Partnership Letters
In his now world renowned letter, the Super Investors of Graham Doddsville, Buffet tells of the performance of his investment partnership, which was operational between the years 1957 to 1969. The partnership returned 29.5% annually, limited partners received a yearly return of 23.8% annually. The main difference (general partnership and limited partnership) is mainly the management fees (the amount Buffet got to keep for himself helping to make his investors rich).  {During the same amount of time the Dow Jones made 7.4% per year. This means that before Buffet took a portion of the profits for fees for managing the money, he was able to outperform the stock market by 22.1% each year!

f you want to discover even more about value investing please check out my value investing blog.

Hope you found this helpful!

Article Source: http://www.articlealley.com/article_1763156_19.html