socaldude
Saturn Sedan and PT Cruiser enthusiast.
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Speedway Pass
Probably one of the first things anybody should realize about the slowlane is that there are literally thousands of companies backing this shit because they are in the business of financial product and services! It's a multi-billion dollar industry. Probably trillion.
Look at the Forbes 400. Did anybody there get rich because they worked two full time jobs and invested it all in mutual funds? NO. You see fastlane principles at play at one form or another; private equity, entrepreneurship or venture capital.
Wanna know why Warren Buffett tells you ridiculous shit like "Coca Cola stock 100 years from now would be worth millions, buy it!" or "Index funds are the way to go! because 50 years from now you can't lose money!" Because if warren buffett actually told everyone how he actually invests and why, he would lose a tremendous competitive edge. He buys big shares in companies, cleans out management then tries to squeeze money out of distressed assets or create value with new partnerships or strategies. Its activist investing not analyzing and buying stocks on ETRADE. Its not in his shareholders interest or his to tell you how he does everything, why? because he is competing for crying out loud! This is why you never hear him talk about anything of HOW or WHY about his next deal or buy, its all behind the scenes.
The hypocrisy is just disappointing. Warren buffett doesn't do any of that shit. Tony robbins didn't get rich like that. The founder of vanguard didn't get rich investing in mutual funds he got rich offering financial product and services.
This is why you should always figure things out on your OWN. Not what the media tells you. There is so much dishonesty and misleading.
And yet we should listen to these liars because they are somehow an authority figure.
Seriously, have you ever met a multi millionaire whether in person or in a news article because they bought into mutual funds or saved money or worked two jobs? never.
The fastlane works because its based off of the laws of economics and mathematics not regurgitated shit like the slowlane which no one on the forbes 400 got rich following.
Look at the Forbes 400. Did anybody there get rich because they worked two full time jobs and invested it all in mutual funds? NO. You see fastlane principles at play at one form or another; private equity, entrepreneurship or venture capital.
Wanna know why Warren Buffett tells you ridiculous shit like "Coca Cola stock 100 years from now would be worth millions, buy it!" or "Index funds are the way to go! because 50 years from now you can't lose money!" Because if warren buffett actually told everyone how he actually invests and why, he would lose a tremendous competitive edge. He buys big shares in companies, cleans out management then tries to squeeze money out of distressed assets or create value with new partnerships or strategies. Its activist investing not analyzing and buying stocks on ETRADE. Its not in his shareholders interest or his to tell you how he does everything, why? because he is competing for crying out loud! This is why you never hear him talk about anything of HOW or WHY about his next deal or buy, its all behind the scenes.
The hypocrisy is just disappointing. Warren buffett doesn't do any of that shit. Tony robbins didn't get rich like that. The founder of vanguard didn't get rich investing in mutual funds he got rich offering financial product and services.
This is why you should always figure things out on your OWN. Not what the media tells you. There is so much dishonesty and misleading.
And yet we should listen to these liars because they are somehow an authority figure.
Seriously, have you ever met a multi millionaire whether in person or in a news article because they bought into mutual funds or saved money or worked two jobs? never.
The fastlane works because its based off of the laws of economics and mathematics not regurgitated shit like the slowlane which no one on the forbes 400 got rich following.
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