We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byRachel Terrill
Modified about 1 year ago
“New Learning” Barnard’s Inn Hall Holborn London EC1N 2HH Tel: +44 (0) Fax: +44 (0) © Gresham College 2008 Mercers’ School Memorial Professor of Commerce Michael Mainelli How To Get Ahead In Commerce The Sure-Fire Ways To Make Money
© Gresham College 2008 Outline “Get a detailed grip on the big picture.” Chao Kli Ning Wise guys A rich taxonomy Fortune favours the lucky Getting rich through failure Front-running bubble style Money machines Owning the casino
© Gresham College 2008 How To Get Ahead In Commerce
© Gresham College 2008 Sincerity Personified
© Gresham College 2008 Sincerity Certified
© Gresham College 2008 Ponzi Numbers Game ,000 10,000 1,000,000 10,000, ,000,000 1,000,000,000 10,000,000,000
© Gresham College 2008 Do You Sincerely Want To Be Rich?
© Gresham College 2008 Get Rich Taxonomy Go ! Criminal frauds swindles Ponzi schemes pyramid schemes forgery & counterfeiting tax evasion embezzlement robbery & theft corruption price-fixing
© Gresham College 2008 What You Know or Who You Know? Go ! Criminal Hard WorkSmart Work
© Gresham College 2008 Successful Habits £780,043£155,832£49,960£24,769 Mean value for group £351,137£99,727£35,345£5,093 Entry level for group 42,000421, Million 29.5 Million Number Top 0.1 % (or the "very,very rich) Top 1 % to 0.1% (adults) Top 10% to 1% (adults) All Taxpayers [Source: “Racing Away? Income Inequality And The Evolution Of High Incomes”, Institute for Fiscal Studies, IFS Briefing Note Number 76 (January 2008)
© Gresham College 2008 Sunday Times 2007 UK Rich List 1 Lakshmi Mittal and family £19,250m - Steel 2 Roman Abramovich £10,800m - Oil and industry 3 The Duke of Westminster £7,000m - Property 4 Sri and Gopi Hinduja £6,200m - Industry and finance 5 David Khalili £5,800m - Art and property 6 Hans Rausing and family £5,400m - Packaging 7 Sir Philip and Lady Green £4,900m - Retailing 8 John Fredriksen £3,500m - Shipping 9 David and Simon Reuben £3,490m - Metals and property 10 Jim Ratcliffe £3,300m - Chemicals 11 Sir Richard Branson £3,100m - Transport and mobile phones 12= Charlene & Michel de Carvalho £3,050m – Inheritance 12= Sean Quinn and family £3,050m - Quarrying, property and insurance 14 Simon Halabi £3,000m - Property, health clubs 15 Kirsten and Jorn Rausing £2,825m - Inheritance and investments 16 Joe Lewis £2,800m - Foreign exchange, investments 17 Earl Cadogan and family £2,610m - Property 18 Nadhmi Auchi £2,575m - Finance, property and hotels 19 Vladimir Kim £2,261m - Mining 20 Bernie and Slavica Ecclestone £2,250m - Motor racing
© Gresham College 2008 Fortune Favours The Lucky Go ! Criminal Luck inheritance sex lotteries gambling Hard WorkSmart Work
© Gresham College 2008 Getting Rich Through Failure Go ! Criminal Luck Hard WorkSmart Work Scarcity & Competition Information Asymmetries ExternalitiesAgency Problems
© Gresham College 2008 Barking Up The Right Tree “It’s a dogwood tree. I can tell from the bark.”
© Gresham College 2008 Getting Rich Through Bubbles Go ! Criminal Luck Hard WorkSmart Work Scarcity & Competition Information Asymmetries ExternalitiesAgency Problems Front- Running
© Gresham College 2008 Front-Running Bubble Style [William Hogarth, The South Sea Scheme, 1721]
© Gresham College 2008 Getting Rich Through Magic Go ! Criminal Luck Hard WorkSmart Work Scarcity & Competition Information Asymmetries ExternalitiesAgency Problems Front- Running Money Machines
© Gresham College 2008 Black Box Machines Mark Bump
© Gresham College 2008 Money Machines
© Gresham College 2008 Get Rich Taxonomy Go ! Criminal Luck Hard WorkSmart Work Scarcity & Competition Information Asymmetries ExternalitiesAgency Problems Front- Running Money Machines
© Gresham College 2008 Greed, Fear, and a Little Gas [Source:
© Gresham College 2008 Discussion 1. When should we let third parties invest our money, ignoring tax advantages? 2. Do regulatory and professional safety costs genuinely offset caveat emptor, or just take our money?
© Gresham College 2008 How To Get Ahead In Commerce: The Sure-Fire Ways To Make Money Thank you! “Get a big picture grip on the details.” Chao Kli Ning
The people Look for some people. Write it down. By the water So there you are. Who will make it? You and I A long time What will they do?
Local Government SERVICES AND REVENUE. Services We ask local governments to help us in many ways. They often provide utilities, or services needed by.
Raising money, Saving money!. Welcome Welcome to our new fundraising scheme.
Kids 911 Quiz Find out how much you really know about when to call 911 Click to Start Quiz.
LEARNING STYLES. Learning Styles How can I help? Is the one question asked by parents. Knowing your child’s learning style helps you to help them. It.
Click anywhere to start the presentation. There are basically only four roads to wealth: 1.You can marry it 2.You can inherit it 3.You can get a windfall.
What are we doing about Winterbourne View?. There was a Panorama television programme about Winterbourne View.
A. as is a couldn’t does could has wouldn’t.
1 FUND RAISING THE GAME EVERYONE CAN PLAY – AND MUST! Leadership Institute March 2006.
Charity Registration No The National Spirituality and Mental Health Forum 10 September 2009 Bob Reitemeier Chief Executive, The Childrens Society.
If you have problems with your parents, whom will you ask for help?
Be Smart on the Internet
Let the Adventures Begin. Popcorn Sale Methods Taking Your Sale to the Next Level WELCOME!
Job Fest is a career planning activity that provides grade 11 students in the Anglophone South School District with information to help them to successfully.
Morning Warm- Up! School is a good place. We all learn new things. No one is left out. How do we learn together at school?
ECONOMICS IN SOUTHERN AND EASTERN ASIA STANDARD: SS7E8 The student will analyze different economic systems. a. Compare how traditional, command, market.
Big A The Big A Peer Support Pack Using the Resource The Big A Peer Support pack has been developed as a resource to use in schools.
2011. The Ashu Dutt Institute of Finance. All Rights Reserved. Please read Dislcaimer Gvmk,bj. THE ASHU DUTT INSTITUTE OF FINANCE The Asian benchmark in.
How to build networks/how to network effectively..
WHAT DO YOU THINK THIS COULD MEAN. DRAW A BREIF EXAMPLE.
How We Will SELL YOUR HOME Your Name Modern Real Estate Over 15 years of combined experience.
Job hunting in India 2010 INTERNATIONALISATION TASK GROUP.
GETTING STARTED Getting Started Getting Started to Success Session 1.
© 2008–2014 The Hayward-Yellen 100 Ltd Partnership Special Presentation by Pamela Yellen, President of Bank On Yourself, for How to Fire Your Banker, Bypass.
Rita & Gedas Your first sentence has to... 1.Get rid of the pyramid objection 2.Get people excited 3.Get prospect thinking ‘how can I join?’ 4.Get.
Raising IP Awareness Module 6B Selling the message.
By Janie and Michael Jones. Our Purpose Purpose of this workshop is to help you: Develop a Marketing Plan Generate Free Leads Drive Traffic To Your Website.
Get Ready for the Class Use some adjectives to describe Steve Jobs according to the video or your own knowledge about him.
Restorative Justice 360 Initiative 3 rd National RJ Conference Deb Galerneau-Scanlon Systems Analyst.
© 2016 SlidePlayer.com Inc. All rights reserved.