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🎵 Music Funding Academy

594 members • $37/month

151 contributions to Live the Bonafide Player Life
P
Shout out to my brother young Goldie & my brother Pimpin Ken for telling y’all that we have to shop in this game. As a big player we are supposed to be exotic. We are supposed to be in the major leagues and look like it. And live like it. Because then a woman will chase you to join you. Instead of you trying to talk her into something that she hasn’t seen you have or live like. Players mantra She doesn’t believe you until she see you with it.
0 likes • 4h
This is facts!
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Genius’s have all learned from other geniuses. Benjamin Graham taught a young Warren Buffett (value investing) Then Once Buffett became a millionaire in his 50’s Phil Fisher taught Warren Buffett It’s like when Filmore Slim taught a young Jimi Starr (how to think fast and knock ___) Then Mel Salisbury (taught him the pick pocket game) On his way to Las Vegas Then Chuck White (who taught Mel Salisbury, also taught Jimi Starr in NYC) Philip Fisher taught Warren Buffett the importance of assessing qualitative factors like management quality, competitive advantages, and growth potential when choosing investments . This complemented the quantitative-focused "value investing" approach Buffett learned from his mentor, Benjamin Graham, which centered on finding undervalued stocks based on financial statements alone. Key lessons from Philip Fisher - The "Scuttlebutt" Method: Fisher advocated for extensive research by gathering insights from competitors, customers, suppliers, and former employees to gain a holistic view of a company's strengths and weaknesses. - Invest in great businesses at fair prices: Fisher's philosophy helped Buffett evolve his thinking from buying "cigar butt" companies (deeply undervalued but mediocre businesses) to focusing on high-quality companies with strong growth prospects, even if they were not extremely cheap. - Emphasize long-term potential: Both Fisher and Buffett prioritize businesses with durable competitive advantages, which Fisher called "freedom from 'cutthroat competition'". This is relevant to modern sectors like tech, where innovation is key. - Hold for the long term: Fisher taught that if the initial research is done correctly, the best time to sell a stock is "almost never," a principle Buffett adopted. - Concentrate on high-quality companies: Fisher advocated for a concentrated portfolio of a few outstanding businesses rather than holding a large, mediocre collection.  Buffett credits both influences, famously saying that he is "85% Benjamin Graham and 15% Philip Fisher" in his investing style, though the "Fisher" aspect became increasingly evident in his later-stage investments in businesses like See's Candies and Apple.
1 like • 15d
Facts
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Here is why family and friends will hate on you and try to get you to go back to what y’all used to do when you are trying to become a player and change your life It is a widely supported biological and psychological fact that human beings have a strong tendency to conform to group norms for survival and reproductive advantage. This behavior is rooted in an evolutionary drive to acquire valuable information, maintain social cohesion, and avoid the dangers of social exclusion. Evolutionary Advantages of Conformity • Information Gathering (Informational Conformity): Humans depend heavily on culturally transmitted information for survival. In uncertain situations, copying the behavior of the majority is an effective and adaptive learning strategy because it is often safer to assume the group knows the locally adaptive behavior. • Group Cohesion and Safety (Normative Conformity): Belonging to a group was historically vital for protection from predators and rival groups, as well as for cooperative hunting and resource sharing. Behaving similarly to the group fosters a sense of belonging, trust, and social harmony, reducing the risk of conflict and ostracism. • Avoiding Risk: Choosing the most common strategy within a group is a safer option that minimizes individual risk, as going against the group could lead to physical danger or social punishment, such as rejection or isolation. Biological Mechanisms for Enforcing Conformity Humans not only conform themselves, but also actively enforce conformity in others to maintain group stability. This is evident in: • Emotional Responses: Humans have evolved strong emotional responses to violations of social norms, such as guilt and shame, which serve as internal mechanisms for encouraging compliance. • Social Sanctions: Established group members use various tactics, including praise, criticism, and punishment, to ensure newcomers or deviants adhere to group norms. Ostracism, a powerful form of social punishment, is deeply painful and aversive for the individual, further reinforcing the drive to conform.
0 likes • Nov 19
This is facts?
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$273,000 110 shares of $SPY = $65,000 115 shares of $QQQ = $60,809 40 shares of $Costco = $42,000 30 shares of $MSFT = $15,000 520 shares of $SCHD=$13,000 65 shares of $Amzn Planning to add $QQQM And Planning to add $SPLG
0 likes • Oct 27
Do you buy them in singles or in a index fund? I been listening to the classroom and been taking the steps 1 by 1 you'll see I done past a lot of nggas and I only been out 7 months!
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The devil is lazy. So he catches most people who are also lazy. And gives them problems. You can outwork most problems
2 likes • Sep 20
This is gold right here!
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Boaz Boaz
5
237points to level up
@charles-boaz-3364
Take care of business and your business will take care of you!

Active 4h ago
Joined Oct 20, 2024
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