A Quote by Tony Robbins
I'd say it's that most people think that very wealthy people take huge risks and that's why they have huge rewards. But the very best on earth are completely obsessed with not losing money. That sounds overly simplistic, but they know that if you lost 50 percent, it takes 100 percent to get even. Most people don't make that math in their head, so it takes years and years. They are obsessed with not losing money.
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I've heard people say putting is 50 percent technique and 50 percent mental. I really believe it is 50 percent technique and 90 percent positive thinking, see, but that adds up to 140 percent, which is why nobody is 100 percent sure how to putt.
Great people in the United States have been disenfranchised.I'll give you an example, it has always been the way to do it, to work hard, save your money, put your money in the bank, get interest on your money and retire wealthy, at least modestly wealthy. Well, the people that have done that have been hurt terribly because there is no interest on your money. You get no money. I just signed for some CDs where you are getting a quarter of one percent. A quarter of one percent! They don't even want your money, the banks.
I want 100 percent of customers to like MyPillow and 100 percent of people to be taken care of. If you help someone, they tell two people, they tell 20 people, they tell 200 people, and the money takes care of itself.
Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your ass. That's why most people lose money as individual investors or traders because they're not focusing on losing money. They need to focus on the money that they have at risk and how much capital is at risk in any single investment they have. If everyone spent 90 percent of their time on that, not 90 percent of the time on pie-in-the-sky ideas on how much money they're going to make, then they will be incredibly successful investors.
The most encouraging sign is that 71 percent of the public believe the system is profoundly corrupted by the power of money. Ninety-six percent of the people believe it's "important" that we reduce the influence of money. Yet 91 percent think it's "not likely" that its influence will be lessened. Think about that: People know what's right to do yet don't think it can or will be done.
One percent of the equity, 1 percent of the profits, and 1 percent of the people go into Google.org. The most important asset isn’t money, it’s people. One percent of the people means 60 or 70 of the smartest people in the world trying to solve some of the biggest problems in the world.
People are pretty simple: they do what they are rewarded for doing. If they get multimillion-dollar bonuses by taking huge risks with other people's money - as they still do - then they will continue to take those huge risks, and not give it another thought.
I'm focused on the next generation, because I think it's very hard to break the habit of adults who've got salt and sugar addictions and just ways of being in this world. It's very hard even for the most enlightened people at famous universities that are very wealthy to spend the money that it takes to feed the students something delicious.
As long as I hold tightly to something, I believe I own it. But when I give it away, I relinquish control, power, and prestige. When I realize that God has a claim not merely on the few dollars I might choose to throw in an offering plate, not simply on 10 percent or even 50 percent, but on 100 percent of "my" money, it's revolutionary. If I'm God's money manager, I'm not God. Money isn't God. God is God. So God, money, and I are each put in our rightful place.
We have to band together, but the thing in America is that people are terrified of losing their jobs... Maybe California needs to secede. The only thing that'll make any difference is the money... Tax dollars and losing that amount of money. It's one of the most economically powerful states, isn't it? That's where it hurts.
The average studies of cellphones and brain cancer have studied people who have used cellphones for five years or less. Sometimes eight years. Every study that has actually examined people who have used phones for 10 years or more, and is well designed, finds a 50 percent to an 800 percent increased risk. So that is why the Israelis, the Finnish, the French governments have all issued warnings.
I don't think I'll ever fully get over losing the city council seat. I don't know how that happened. But it was less than 1 percent out of 50,000 votes. I'd put in six or seven years into changing L.A.
The powershift began already several years ago, under the Bush administration, when the dollar became very volatile and started declining. That is when China shifted from having almost 100 percent of its reserves in dollars to 75 percent. Some countries went completely out of the dollar. The dollar, for all intents and purposes, lost its special reserve status and people starting talking about a portfolio, or basket, approach as a store of wealth instead of the dollar.
The problem of giving health care to everybody cannot be solved so long as we're spending huge sums of money for war. Already we have a very wasteful healthcare system, the most wasteful healthcare system in the world. I mean, we spend the most money and still have 40 million people without insurance. Compare us to Cuba. Cuba is our enemy, run by a dictator, Fidel Castro. But people in Cuba get health care at least equal to that of the United States - with very scarce resources. So I think this issue is the most important domestic issue.
Ninety-five percent of people who walk the earth are simply inert. One percent are saints, and one percent are assholes. The other three percent are people who do what they say they can do.
You get the reality checks during the course of your adult life and your career, and you realize that as good as the money in boxing is, most of the time people most don't make Ray Leonard or Oscar De La Hoya money, even if you make very good money.
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