214 Comments
 
"MonopolyMoney"

Donald Trump

He was asking about billionaires, not people who simply claim to be

Commercial Real Estate Developer
 

but first...worst billionaires

zuck: holier than thou Buffett: hypocrite ackman: crybaby soros & gross: more annoying than profitable paulson: was right once, hasn't shut up about it musk: do you really have to ask?

my faves:

james simons: revolutionary, has kicked the shit outta the market since he started druckenmiller: one of the only macro guys I'll ever listen to tom & judy love: gas station billionaires, love it george lucas: duh redstone: you seen his wife? jim davis: new balance is frat

 

george soros is one of the best macro minds of our time, but he's tired and the fact that he's allowed his political beliefs to enter into his investments is despicable. granted, he only runs money for himself, but in recent years, it seems he wants PR moreso than absolute return.

bill gross same thing, a shadow of what he once was at PIMCO, more keen on forecasting than delivering value to investors. nice enough guy I'm sure, but he seems way too sure of himself as of late with mediocre performance at best backing it up.

and musk wouldn't be a billionaire if tesla's investors had any idea about valuation. cars are cool, but meh.

I'm definitely a hater here, the people my generation worships as gods causes the contrarian in me to want to hate them.

that being said, Buffett is who I based most of my investing philosophy on, so I can only dislike him so much

 

I'll second Jim Davis. Dude made over $2B because he loved lasagna and hated Mondays

"I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."
 

Why do say Buffett's a hypocrite? I've always gotten the sense that he tries way too hard to appear down to earth and as a Wall Street outsider, but never paid enough attention the guy to come to a conclusion on him.

As a rule, I'm suspicious of anyone with notable wealth who tries to appear as just-one-of-the-common-folk.

Thanks, let me know if you ever need an introduction in the industry.
 

He is a hypocrite because he talks about rich people needing to pay more taxes but always takes every tax deduction and write down he can. I'm not shitting on the guy for doing that as it is perfectly legal, however don't chastise me for doing what you are doing.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 

Well, for one thing, Buffett argues for higher income tax RATES on guys earning a salary of over $250,000 per year knowing full well that Buffett largely doesn't pay income taxes due to the structure of his investments. His kind of garbage is like DiCaprio taking a private jet to 2 global warming events on the same day on opposite coasts. Remember as Andrew Wilkow says, "Socialism is for the people, not the socialist."

Array
 

pretty much all of those things said above. the only investment thing that's hypocritical is how he says his estate will be 100% index funds when he's built his business on active management.

the political stuff is what bothers me, I find myself saying: dude, I learned how to read a balance sheet from you and pick stocks, I dgaf what you have to say about fiscal policy, help me pick winners.

 

see above commentary, but basically the below

  1. opines on tax policy yet is a massive beneficiary of the current structure
  2. opines on the lack of value add that active management does, yet made his entire fortune by being a bottoms up fundamental + activist investor
  3. this one is a stretch, but he talks about how to make money in public investments, yet most of his best investments were overconcentration in a single name (GEICO), private equity type deals, or terms he dictated (GS, BoA)

that being said, I'm just throwing shade for fun, if I met warren I'd be over the moon, the man is the reason I got into finance, so just because he's a hypocrite (aren't we all a little?), doesn't mean he's not been one of the most important business leaders of American history

 

Masayoshi Son (Softbank): Probably Japan's only badass businessman now Jeff Gundlach: Crazy life story Phil Knight: Iconic brand Seth Klarman: Surprised he hasn't been mentioned yet John Doerr: One of the greatest VCs ever Yuri Milner: A Russian billionaire who's not hopelessly corrupt

 

probably will go down as one of the best businessmen of all time, but he's boring, and too nice. I mean first you change the world with PCs and now you're trying to eradicate diseases in Africa?! cheat on your wife, poison an ocean, murder a puppy, something dude. he's got no edge, he's just what everyone wants to be when they grow up: drop out of school, become richest man alive, retire, then make the world a better place. barf.

 

Had a chance to speak with him once. Nicest guy ever - it's like he's Futurist Christ or something. I still have his autograph as a keepsake.

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 

My recent favorite is Peter Thiel since I've been reading his VC book, Zero to 1. What an amazing flippin' book with a lot of great counterintuitive insight. I also love Elon Musk--I mean, he and I would do things very differently, but that's why I like him; the guy is a true visionary whose reach exceeds his grasp.

Array
 

Endorsing the Musk biography by Ashlee Vance. Great read.

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 

John Rockefeller and Andrew Carnegie.

I love Elon for trying to advance us as a species. Yeah, Tesla is overvalued, but he made electric cars cool. SpaceX is amazing and SolarCity is leading the way for solar in this country. He's got an innovative mind.

Other than that, I don't really give a shit about any of these guys. No one beats the titans of the past.

 

Favorites: Elon Musk - for doing cool tech stuff that no one else has the balls to do Jim Simmons/Robert Mercer - for literally overturning an industry Gates - I wouldn't be typing here without him Bezos - Love his aggressive style, his no-nonsense way of doing things Bloomberg - Having built a multimillion dollar firm after getting fired from a sinking ship Peter Thiel - amazing insights, I think he puts the realism into Elon's ideas Jack Ma - for beating the odds and rising to the top

Worst: Zuckerberg - being such an idealist retard, thinking he can change the world positively using a glorified ad company Bill Ackman - cry baby Ambani - extravagant spending on an ugly-ass house, while half his country lives below the poverty line European and Arab rich fags who inherited their wealth through countless generations Soros - annoying representative of the elite class Buffet - as mentioned above, hypocrite Mark Cuban - arrogant shit. Though I respect him for selling internet radio at a bumper price.

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 
"thebrofessor"

plus he stays away from the media, which just adds to the mystique.

This alone makes him more palpable than Ackman, Buffet or Cuban

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 
"LM99"

What so much hate for Bill Ackman? Yes, the man cried (also Icahn killed him on CBNC interview). But why worst?

"Herbalife, Herbalife, Herbalife sucks. Valeant wow! Valeant, Valeant, Valeant. Herbalife, Herbalife Pyramid scheme, Oh no Karen, pls don't leave me, pls"
GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 

This one is easy, it's the future me.

You killed the Greece spread goes up, spread goes down, from Wall Street they all play like a freak, Goldman Sachs 'o beat.
 

Just checked out the guy.....seems cool, starting out with just 250k$. But then, he did have familial security.

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 

I call bs on the 250k but agree overall pretty cool guy. So was Gunter Sachs.

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 

Thanks for adding names to my MILF collection. Better start sending out 'em cold emails now.

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 
"thebrofessor"

this would make a more entertaining thread: most bangable billionaires

laurene jobs
tory burch
had too look this up: maria asuncion (heiress to grupo modelo)
and I would bet that julia louis-dreyfus is getting there as her dad's estate settles, between that and seinfeld money, she's gotta be the #1 bad b billionaire

Tory Burch.....yes, please.

Maria.....ugly as sin.

Regardless, it would have to be self-made billionaire to qualify in my book. Otherwise, every wife/daughter of a billionaire could qualify. I think we're down to Sara Blakely, Tory Burch, and Oprah. All three of those ladies are a 1/1 for me on the binary scale. That being said, I think Tory Burch would have to be my top choice.

 

How did I forget fuckin' Larry Ellison! What's the difference between God and Larry Ellison?

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 

Dimon and Blankfein both have their net worth mainly in stock options. Too volatile, and they barely crossed the 1b mark. Still they are good choices, if you look at the person and not the number.

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 

Liberal elitism at its finest.

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 
"larry david"

Ross Perot. Reminds me of a time when men were men and the women were too by today's standards.

Ross Perot reminds you of a man? He didn't to people of my generation.

The time frame you are thinking of is some time before now, whenever now actually is. Think of it as t minus 20-50 years. You think that when Ross Perot ran for President was when men were men? You realize this was years after the peak of the popularity of Boy George, right? And decades after disco? And around the height of the AIDS crisis? Also KD Lang was pretty popular, if I'm not mistaken.

Your rose colored glasses are a little out of touch. To be fair, just like they are for most people.

 
"CRE"
MonopolyMoney:

Donald Trump

He was asking about billionaires, not people who simply claim to be

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 

I'm partisan to the Kochs because of their politics but then I saw David Koch in the documentary "Sour Grapes" I was just like, "Jesus, this guy is a complete fag..." (And I mean "fag" in the 1990's junior high school use of the word i.e. the South Park way).

Array
 

It was Bill Koch in Sour Grapes. Although, he's still a boss for having built a multi-billion $ company from the ground up and winning the America's cup, I like him much less than Charles and David. They were the two that built Koch Industries.

Charles and David turned a 20mil private consulting firm into one of the world's largest manufacturing conglomerates. You'd be hard pressed to find a company that has a greater impact on the fulfillment of basic needs of daily life than Koch (Cargill is up there too). On top of that, they've maintained total control and done everything their way. For example, they built the company on essentially anarcho capitalistic/meritocratic principles. Good luck finding that at a bulge bracket. Plus, I think it's hugely admirable that they publicly speak out against government regulation and subsides, although they are huge beneficiaries of them. Finally, any time you can be playing a round of golf while negotiating a $21 billion deal to take a company private (Georgia Pacific) you're a bad ass.

Freddy is an odd duck.

 

Their daddy made money off building oil refineries for Hitler and Stalin cause he couldn't compete back home.  Can't find a bigger scumbag in business than him.  Don't know much about what the brothers do but their 30 years of political donations were ruined by Trump campaigning for what, two weeks, and he was on top of the polls?

 

I might want to add Bill Gurley to the list. Guy's a genius when it comes to catching and netting highly valued (and perhaps glorified) startups. Dunno whether he's a billionaire for sure, though indicators say he might be worth roughly $2b

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 

It's complex ED SEYOKTA FOR HIS SKILL RUPERT MURDOCH FOR HIS POWER BUFFET FOR HIS LAZINESS TBOONE FOR BEING A COWBOY BILL GATES FOR BEING SMART

 

Elon Musk. In my opinion, he is one of the only billionaires that is trying to address today's problems in a way that is sustainable. Plenty of billionaires give money away, very few build organizations that are self-sustaining and will be able to continue to address the world's problems for many years to come. Also, not to sound cliche, but people seemed to have lost the ability to think big before he came along. World battery production was too low to support mass market electric cars, solar hadn't been rolled out on a large scale, and space exploration was definitely an activity that was in decline.

 

Tepper, T Boone, Einhorn, Howard Marks, Dave Rubenstein

I'm a huge fan of Buffett, but I do agree that he can be a little hypocritical sometimes. At the end of the day, at least Buffett doesn't let personal views interfere with his investing philosophy, which has maintained strong consistency for decades. The same thing cannot be said for Soros.

 

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Array
 

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"The power of accurate observation is commonly called cynicism by those who have not got it." - George Bernard Shaw
 

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