A Quote by Carlos Condit
When I was 20, 21, 22 years old, I was making really good money for a 22-year-old, but it wasn't a huge pot. And of course I made a lot of mistakes. I'm glad I got to make those mistakes with a smaller pool of money and learn from it as opposed to learning the hard way with bigger amounts of money when there would be more consequences.
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You know why stardom screws up people ? Because it gives you too many choices. As a 20-year-old I was making as much money as, well, as much money as it was possible for a 20-year-old to make in India. That sort of thing could drive people nuts. But I put my in money in the bank.
When private industry makes a mistake, it gets corrected and goes away. As governments make mistakes, it gets bigger, bigger and bigger and they make more, more and more because as they run out of money, they just ask for more and so they get rewarded for making mistakes. In the meantime that is exactly what we are doing by subsidizing companies which are failing, we have a reverse Darwinism, we've got survival of the unfittest, the companies and people that have made terrible mistakes are being rewarded and other people are being punished and being taxed.
[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going to make money, and he's going to make a lot more money if it happens to be an institution like the U.S. government which has very, very cheap borrowing costs.
I'm in the highest bracket. There's no way that a 22-year-old should be hit for that amount of money when he's got his whole life ahead of him.
If I were involved with the NBA, I wouldn't want a 19-year-old or a 20-year-old kid to bring into all the travel and all the problems that exist in the NBA. I would want a much more mature kid. I would want a kid that maybe I've been watching on another team, and now he's 21, 22 years old instead of 18 or 19, and I might trade for that kid.
You can't make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.
I don't want to give any advice to a 19-year-old, because I want a 19-year-old to make mistakes and learn from them. Make mistakes, make mistakes, make mistakes. Just make sure they're your mistakes.
I believe that you go through your past and you learn what you learn for whatever reason. I'm just glad I'm not making fifteen-year-old mistakes at twenty-six - I got that out of the way.
When you have a lot of money, there's so many places you can go to manage your money. But when you don't have money, mathematically you actually need a financial plan more. You can't really afford to make mistakes. So why is this such a luxury product?
Think of how many mistakes you made at 22 years old. Like, I made a million.
To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money. Money, money everywhere and still not enough! And then no money, or a little money, or less money, or more money but money always money. and if you have money, or you don't have money, it is the money that counts, and money makes money, but what makes money make money?
The things that I've learned is, try to make all the mistakes with your own money and on a small level so that when you are responsible for a partner's money or assets, you've learned, and you don't make bigger mistakes.
What do you first do when you learn to swim? You make mistakes, do you not? And what happens? You make other mistakes, and when you have made all the mistakes you possibly can without drowning - and some of them many times over - what do you find? That you can swim? Well - life is just the same as learning to swim! Do not be afraid of making mistakes, for there is no other way of learning how to live!
Try to make all the mistakes with your own money and on a small level so that when you are responsible for a partner's money or assets you've learned and you don't make bigger mistakes. Try to go as far as you can without anybody else's help first.
Yes, well I do have plenty of clothes, jewels and money. However I don't ask for money for myself but if some one gives me money I take it and put it in The Eva Peron Foundation which gives huge amounts of money to the poor and helps to build hospitals , schools and old peoples' homes .
There is no logical basis for the prohibition of marijuana. $7.7 billion is a lot of money, but that is one of the lesser evils. Our failure to successfully enforce these laws is responsible for the deaths of thousands of people in Colombia. I haven't even included the harm to young people. It's absolutely disgraceful to think of picking up a 22-year-old for smoking pot. More disgraceful is the denial of marijuana for medical purposes.
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