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Mohit on wealth
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    14
    0 starsmohit | Shared With: Everyone - Aug 06 2008 | marketing, startups, entrepreneurship, career, wealth
    joining-the-5-million-club-takes-an-open-mind: Personal Finance News from Yahoo! Finance

    Quoted: The vast majority — 80% — either started their own business or worked for a small company that saw explosive growth. And almost all of them made their fortune in a big lump sum after many years of effort.
    ...
    Quoted: Consultant Joel Kurtzman, who evaluated 350 startups for his book Startups That Work, found that successful outlets usually have a team of two or three founders who share a common vision; the success rate for this model was a remarkable 50%. The odds for solo founders were more like the oft-quoted one in 10, in part because they often found themselves working at cross-purposes with hired guns who see things differently.

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    8
    0 starsmohit | Shared With: Everyone - Oct 19 2007 | happiness, pschology, wealth, money, news
    Money & Happiness | Newsweek To Your Health | Newsweek.com

    This is an interesting rationalization for why ever increasing wealth doesn't necessarily buy ever increasing happiness.

    Quoted: The trouble is, choice is not all it's cracked up to be. Studies show that people like selecting from among maybe half a dozen kinds of pasta at the grocery store but find 27 choices overwhelming, leaving them chronically on edge that they could have chosen a better one than they did

  • vote
    35
    0 starsmohit | Shared With: Everyone - Jul 03 2007 | investment club, mexico, bill gates, wealth, news
    BBC NEWS | Business | Mexican 'world's richest person'

    America Movil came up in one of my stock screens, but I didn't invest :(

    Quoted: Mexican tycoon Carlos Slim has overtaken Bill Gates to become the world's richest person, a financial website says.

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