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	<title>Life, money and other thoughts</title>
	<atom:link href="http://rosshargreaves.wordpress.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://rosshargreaves.wordpress.com</link>
	<description>General musings towards a better life</description>
	<pubDate>Wed, 23 Jul 2008 19:40:27 +0000</pubDate>
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		<title>Statistically Speaking</title>
		<link>http://rosshargreaves.wordpress.com/2008/07/23/statistically-speaking/</link>
		<comments>http://rosshargreaves.wordpress.com/2008/07/23/statistically-speaking/#comments</comments>
		<pubDate>Wed, 23 Jul 2008 19:36:41 +0000</pubDate>
		<dc:creator>rosshargreaves</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<category><![CDATA[billionaire]]></category>

		<category><![CDATA[statistics]]></category>

		<category><![CDATA[prediction]]></category>

		<guid isPermaLink="false">http://rosshargreaves.wordpress.com/?p=25</guid>
		<description><![CDATA[I have just finished reading a book called Super Crunchers by Ian Ayres - How anything can be predicted. More information here. Interesting book on how as the title says, anything can be predicted. It would be really interesting to understand the factors and their weighting that went into creating the world&#8217;s current billionaires. One could [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p style="text-align:justify;">I have just finished reading a book called Super Crunchers by Ian Ayres - How anything can be predicted. <a title="Amazon" href="http://www.amazon.com/Super-Crunchers-Thinking-Numbers-Smart/dp/0553805401/ref=pd_bbs_sr_1?ie=UTF8&amp;s=books&amp;qid=1216840463&amp;sr=8-1" target="_blank">More information here</a><a class="alignleft" title="Amazon" href="http://www.amazon.com/Super-Crunchers-Thinking-Numbers-Smart/dp/0553805401/ref=pd_bbs_sr_1?ie=UTF8&amp;s=books&amp;qid=1216840463&amp;sr=8-1" target="_blank"></a>. Interesting book on how as the title says, anything can be predicted. It would be really interesting to understand the factors and their weighting that went into creating the world&#8217;s current billionaires. One could then run an algorithm that would predict if someone will become a billionaire.</p>
<p style="text-align:justify;">I have done some research and the only creditable site I found with an algorithm relating to billionaires was Forbes. <a href="http://www.forbes.com/static_html/bill/2005/bill05quiz.shtml">http://www.forbes.com/static_html/bill/2005/bill05quiz.shtml</a>. I took the test and came up with 45 out of 100 then I took it again and came up with 68 out of 100 so perhaps it isn&#8217;t an accurate prediction.  The question of course is if one has enough data to predict if a person will turn out to become a billionaire in later life, could one change one&#8217;s own life to increase one&#8217;s chances of super wealth. Or does it come down to obscure factors that are not easy to control like being married to the same person for a certain length of time, having 2 children and only achieving a certain success at school. Or indeed are these factors perhaps caused by being wealthy rather than the other way round?</p>
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		</item>
		<item>
		<title>What others think</title>
		<link>http://rosshargreaves.wordpress.com/2008/07/15/what-others-think/</link>
		<comments>http://rosshargreaves.wordpress.com/2008/07/15/what-others-think/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 08:33:07 +0000</pubDate>
		<dc:creator>rosshargreaves</dc:creator>
		
		<category><![CDATA[Being a Billionaire]]></category>

		<category><![CDATA[billionaire]]></category>

		<guid isPermaLink="false">http://rosshargreaves.wordpress.com/?p=24</guid>
		<description><![CDATA[I have to remember that while I know I am a billionaire, not everyone else knows I am. In fact, I am sure that most people just think I am the same guy I have always been (hiding my destiny very well). But the way they treat me doesn&#8217;t change who I am. I don&#8217;t feel [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p style="text-align:justify;">I have to remember that while I know I am a billionaire, not everyone else knows I am. In fact, I am sure that most people just think I am the same guy I have always been (hiding my destiny very well). But the way they treat me doesn&#8217;t change who I am. I don&#8217;t feel the need for revenge for being treated like a non-billionaire (or indeed treated like I am a small person). I don&#8217;t even feel the need to rush out an prove anything to them. This is not a &#8216;just you wait and see&#8217; moment. They don&#8217;t know any better. And if I was in their position, perhaps I would do the same.</p>
<p style="text-align:justify;">So I keep my eyes focussed on my destiny and don&#8217;t get bogged down by people doing what they think is right because I know I am for bigger things</p>
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		</item>
		<item>
		<title>Huge Leaps</title>
		<link>http://rosshargreaves.wordpress.com/2008/07/09/huge-leaps/</link>
		<comments>http://rosshargreaves.wordpress.com/2008/07/09/huge-leaps/#comments</comments>
		<pubDate>Wed, 09 Jul 2008 08:30:04 +0000</pubDate>
		<dc:creator>rosshargreaves</dc:creator>
		
		<category><![CDATA[Being a Billionaire]]></category>

		<category><![CDATA[billionaire]]></category>

		<guid isPermaLink="false">http://rosshargreaves.wordpress.com/?p=23</guid>
		<description><![CDATA[Many of the books that talk about long term wealth talk about compound interest. They talk about how if you saved a dollar in 1746 that would now be worth the GDP of a small European country (or whatever comparison you want to make). However, one issue we all face is time. Yes, if you want [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p style="text-align:justify;">Many of the books that talk about long term wealth talk about compound interest. They talk about how if you saved a dollar in 1746 that would now be worth the GDP of a small European country (or whatever comparison you want to make). However, one issue we all face is time. Yes, if you want to be a millionaire or live comfortably then save 10% of your salary each year etc. However, look at it this way. If I was able to save $1 million each year (and taking 10% interest from the bank), compounded it would take just under 50 years to become a billionaire. That would make me 82. And yes, we can play with the % interest or the amount saved each year or the amount started with and come up with something a little more interesting. But this clearly is not the way to make unreasonable amounts of wealth. So, if we are not going the &#8217;slow and steady wins the race&#8217; way then there is only one option. Massive action, quickly and often. Here is the question I am asking myself. What massive action can I take today that will allow me to make huge leaps forward on my path of achieving the outward manifestation of my inward destiny?</p>
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		</item>
		<item>
		<title>Thinking like a billionaire</title>
		<link>http://rosshargreaves.wordpress.com/2008/07/08/thinking-like-a-billionaire/</link>
		<comments>http://rosshargreaves.wordpress.com/2008/07/08/thinking-like-a-billionaire/#comments</comments>
		<pubDate>Tue, 08 Jul 2008 13:09:41 +0000</pubDate>
		<dc:creator>rosshargreaves</dc:creator>
		
		<category><![CDATA[Being a Billionaire]]></category>

		<guid isPermaLink="false">http://rosshargreaves.wordpress.com/?p=22</guid>
		<description><![CDATA[There are many books out there on &#8216;how to think like and become a millionaire&#8217;. I wonder if Donald Trump or Richard Branson ever read any of these books? I don&#8217;t know of any books that show you how to &#8216;think like and become a billionaire&#8217;. These books are useful and they do have some value [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p style="text-align:justify;">There are many books out there on &#8216;how to think like and become a millionaire&#8217;. I wonder if Donald Trump or Richard Branson ever read any of these books? I don&#8217;t know of any books that show you how to &#8216;think like and become a billionaire&#8217;. These books are useful and they do have some value (I have a huge unread library of them at home). But I am beyond the stage of self-help and positive thinking. Now I need to learn about how to become a billionaire, how businesses operate etc. I came across share holder letters fromt he chairman of Berkshire Hathaway. Now this makes interesting reading and gives me much to think about. Oh, by the way, if you don&#8217;t know who the chairman of Berkshire Hathaway is, you can find out here: <a href="http://www.berkshirehathaway.com/letters/letters.html">http://www.berkshirehathaway.com/letters/letters.html</a></p>
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		</item>
		<item>
		<title>Being a Billionaire</title>
		<link>http://rosshargreaves.wordpress.com/2008/07/08/being-a-billionaire/</link>
		<comments>http://rosshargreaves.wordpress.com/2008/07/08/being-a-billionaire/#comments</comments>
		<pubDate>Tue, 08 Jul 2008 07:59:15 +0000</pubDate>
		<dc:creator>rosshargreaves</dc:creator>
		
		<category><![CDATA[Being a Billionaire]]></category>

		<category><![CDATA[billionaire]]></category>

		<guid isPermaLink="false">http://rosshargreaves.wordpress.com/?p=20</guid>
		<description><![CDATA[I am a billionaire. A billionaire is described as a person who has a net worth of at least one billion units of currency. Due to a real freak of economics and circumstances, I can legitimally claim that I am indeed a billionaire. However, the claim is pretty obscure and won&#8217;t be enough to get people to sit up [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p style="text-align:justify;">I am a billionaire. A billionaire is described as a person who has a net worth of at least one billion units of currency. Due to a real freak of economics and circumstances, I can legitimally claim that I am indeed a billionaire. However, the claim is pretty obscure and won&#8217;t be enough to get people to sit up and listen to me (on money, wealth etc).</p>
<p style="text-align:justify;">I do truly believe that I am a billionaire but I now need to manifest this internal belief into physical reality. Most recently I have not been a believer in destiny. I believe that random things happen and we can control some of these happenings to our advantage (and we can certainly control our reactions to these happenings). I don&#8217;t subscribe to &#8216;things happen for a reason&#8217; - I believe they just happen. However, bizarrely I do believe in destiny when it comes to my own life. I am a billionaire and I am destined to manifest this outwardly (in US$ and UK£). It is a way of being. As we go through the exercise I will share with you some of the actions/thoughts that help me manifest this into physical reality. I don&#8217;t mind sharing this with you because the majority of you reading this (perhaps 99.999%) won&#8217;t put this into action and I won&#8217;t be creating competition. I also believe that there is more than enough wealth to go around for all of us. But perhaps it is not your destiny to be fantastically, outrageously and unreasonably wealthy. Don&#8217;t worry, I need people to work in my companies. I need people to work for me who don&#8217;t have the balls to become wealthy. I need people to help me get rich. I need the sweat of the masses to help me achieve my goals. Oh, I will provide value for that sweat and I will look after my people but at the end of the day, I will be the one deciding on how to spend the extra wealth earned. I will be the one deciding on which charities to give it to, which islands to buy and I will be in control (broadly) on where the effort is focussed.</p>
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