$258 million dollars rich
IB
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Points)
on 4/23/10 at 2:30am
Holy Shit, referring to an earlier post by Edmundo. Look at this guy...he is 258 million richer. Can this guy get into investment banking? I mean he is very good looking guy.
Here is a link"
http://news.yahoo.com/s/ap/20100423/ap_on_re_us/us...






Life is funny sometimes. That
Life is funny sometimes. That guy just made what like 2,500 analysts make in a year. The real question is did he go to a target?
HOLY SHIT! Quote: A Missouri
HOLY SHIT!
A Missouri man who won a $258 million Powerball jackpot and plans to use some of the money to pay bills and take his children to Disney World says he hasn't decided yet if he'll quit his job at the convenience store where he bought the winning ticket.
Just goes to show you, somebody has to win. The sad thing is that the money's probably going to ruin this guy's life.
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Edmundo, I really do think
Edmundo, I really do think you have a little Nostradamus in you. I can remember when posted something along the lines of "fraud in the air" or something like that and then Goldman got whacked by charges. Well lets see if you can predict this, "will I or will not ever make it into IB?"
This is the quote which stuck
This is the quote which stuck out most to me:
"We didn't come from money."
Some people just do a great job of hiding it...
"If you can count your money, you don't have a billion dollars." - J. Paul Getty
WallStreetKid wrote: The real
The real question is did he go to a target?
Kid, I don't even think that guy had ever been to a Target store.
"If you can count your money, you don't have a billion dollars." - J. Paul Getty
San Franciscan
The real question is did he go to a target?
Kid, I don't even think that guy had ever been to a Target store.
Haha, I was pulling an all-nighter studying for a final. Thank your for waking me up.
just goes to show, sometimes
just goes to show, sometimes good things happen to ppl with no teeth. For real tho good for him, I cant imagine how he felt when he realized he had won. Heres hoping no shady financial advisor scams him of that money.
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Edmundo Braverman wrote: HOLY
HOLY SHIT!
A Missouri man who won a $258 million Powerball jackpot and plans to use some of the money to pay bills and take his children to Disney World says he hasn't decided yet if he'll quit his job at the convenience store where he bought the winning ticket.
Just goes to show you, somebody has to win. The sad thing is that the money's probably going to ruin this guy's life.
Come on Edmundo, this guy lives in a trailer and can' t pay his electric bill...how could it possibly get any worse??
Regards
"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so."
- Ronald Reagan
I'm just saying he's a
I'm just saying he's a textbook example. There are so many cases where lottery millions should have been an absolute salvation for somebody and ended up ruining their lives.
Friends and relatives are going to come out of the woodwork looking for a handout, shysters are already plotting how best to separate this rube from his dough, not to mention he'll never have another authentic relationship again in his life. He'd better hope the people who were around when he didn't have anything stick around, because the people who show up now only want a piece of the money.
I've often thought that if I won a sum of money like this, I'd give it away. In my post yesterday, I used $10 million after taxes as the reference point because I believe that is a manageable sum for intelligent people to handle. Having a $100+ million windfall, especially for someone who had nothing before, can be absolutely devastating.
If it happened to me, I'd pay off every debt of everyone in my immediate family, set up a college fund for every member of my family under 18, keep a couple mil for myself, and then give the rest to charity. That way, I could improve a shitload of people's lives without destroying my own.
He's nothing but a garbage
He's nothing but a garbage pail. Now he's just a $258 million dollar garbage pail.
"I wanna Thank the Good Lord for Making me a Capitalist"
I'd rather be lucky than
I'd rather be lucky than good.
Edmundo Braverman wrote: I'm
I'm just saying he's a textbook example. There are so many cases where lottery millions should have been an absolute salvation for somebody and ended up ruining their lives.
Friends and relatives are going to come out of the woodwork looking for a handout, shysters are already plotting how best to separate this rube from his dough, not to mention he'll never have another authentic relationship again in his life. He'd better hope the people who were around when he didn't have anything stick around, because the people who show up now only want a piece of the money.
I've often thought that if I won a sum of money like this, I'd give it away. In my post yesterday, I used $10 million after taxes as the reference point because I believe that is a manageable sum for intelligent people to handle. Having a $100+ million windfall, especially for someone who had nothing before, can be absolutely devastating.
If it happened to me, I'd pay off every debt of everyone in my immediate family, set up a college fund for every member of my family under 18, keep a couple mil for myself, and then give the rest to charity. That way, I could improve a shitload of people's lives without destroying my own.
I'd lease a G5 and follow the ggw crew from city to city!
"I'm just saying he's a
"I'm just saying he's a textbook example. There are so many cases where lottery millions should have been an absolute salvation for somebody and ended up ruining their lives."
agree, the odds are this will cause him problems. Credit risk aside, he'd be better off taking the annuity.
I agree with Edmundo's
I agree with Edmundo's points. I forgot what the current statistic is, but a fairly large percentage of lottery winners actually lose all their winnings (and sometimes go bankrupt) within 5-10 years. I guess it comes with the territory of not knowing *how* to manage your money, but initially thinking about how you would spend it, if you didn't know any better.
That being said, squandering away 100mm in rural southern Missouri is probably a pretty hard feat...
"He also plans to seek advice
that'll buy a lot of kraft
I always think that if I ever
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JohnnyCage wrote: I'd lease a
Edmundo Braverman wrote: I'm
How would the guy's fiancee
Just realized this guy is my
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junkbondswap wrote: How would
I've got some sweet inner
I would totally take the lump
"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
Marcus_Halberstram wrote: I
Edmundo Braverman
TraderNY wrote: He's nothing
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"... then, lobbest thou thy Holy Hand Grenade of Antioch towards thy foe, who, being naughty in My sight, shall snuff it."
buy a shit load of 30-year
Do lotto winners have to go
If I won $75 milli, I'd
I would keep a 5 mil for
1.) I'd hire a team of top
"If you can count your money, you don't have a billion dollars." - J. Paul Getty
why would you want a $45m
Solidarity wrote: why would
"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
^^^^ Think of all the homes
moneyneversleeps2 wrote: ^^^^
"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
99% of angel investments lose
"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
holymonkey wrote: You could