The Art of War
By Sun Tzu
Translated by Lionel Giles

I. Laying Plans

1. Sun Tzu said: The art of war is of vital importance to the State.

2. It is a matter of life and death, a road either to safety or to
ruin. Hence it is a subject of inquiry which can on no account be
neglected.
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Popularity: 3% [?]

Posted by LeGo, filed under Art of War. Date: October 22, 2007, 1:47 am | 8 Comments »

19  Oct
Private Island

There are many reasons to be motivated to hustle and grind.  Here is just one of those reasons.  This is a private island for sale set in the Caribbean Sea.  This is an amazing 2,000 acres that has an estimated development value into the billions.  It is listed at $100m.  Check out more info at Private Islands Online.

Private Island

Popularity: 1% [?]

Posted by LeGo, filed under Motivations. Date: October 19, 2007, 2:21 pm | 2 Comments »

18  Oct
Flips

I have been wanting to flip a house for a long time.  I found one recently that seemed to have lots of potential.  I look at most foreclosures in the area and just have not seen any deals with enough of a margin to make money.  There is no reason to cut things too close. 

So I put a bid in on a house this past Monday.  There were competing bids for the house.  I made a solid offer.  They asked for the highest offer by 3:00 p.m. today.  I ended up standing by the original bid.  Should find out tomorrow if they accept.  If so I will post more details and give a general break down of what we plan to do.  If it is not accepted, expect to see another post similiar to this one soon. 

Asking buyers to make a highest offer is a unique strategy that appears to have become standard in the real estate industry.  It takes out the individuals ability to negotiate directly.  There is no reason to lose your profits before you start.  This is not like ebay where if you bid over the other guy, your bid stands as 25 cents more than the other guys bid.  Your bid is what you bid. 

Popularity: 1% [?]

Posted by LeGo, filed under Flips. Date: October 18, 2007, 7:40 pm | No Comments »

18  Oct
Analysis paralysis

Analysis paralysis or paralysis by analysis. Sometimes people will overanalyze things to the point that they never get anything done. When you look at investments, know what you are doing, what you need and make a decision. Overanalyzing will only paralyze you. You should be able to see a situation and know quickly whether it will work towards your advantage. Do your research now before situations arise so that when opportunities arise you will know if you can make it work. This applies to any type of hustle. If you can make it work do it, don’t over analyze it.

Popularity: 2% [?]

Posted by LeGo, filed under Words. Date: October 18, 2007, 3:34 pm | No Comments »

17  Oct
Arbitrage

This is just a new word to toss into the vocab. It is a form of Hustle to take advantage of price differences, from drugs to stocks to houses finding the price differences and making moves.

From Wikipedia, “In economics and finance, arbitrage is the practice of taking advantage of a price differential between two or more markets: a combination of matching deals are struck that capitalize upon the imbalance, the profit being the difference between the market prices. When used by academics, an arbitrage is a transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state; in simple terms, a risk-free profit.”

Popularity: 2% [?]

Posted by LeGo, filed under Words. Date: October 17, 2007, 6:27 pm | No Comments »

17  Oct
Wu-Tang C.R.E.A.M.

The reason this site was started, cash rules everything around me. C.R.E.A.M. came out in 93 on Enter The Wu-Tang (36 Chambers). One of the best albums of all time.


Popularity: 2% [?]

Posted by LeGo, filed under Videos. Date: October 17, 2007, 6:26 pm | No Comments »

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