7 financial principles of the richest people
Introduce
What if I could arrange for you to meet privately Bill Gates,
founder and CEO of Microsoft,
the software company world leader;
or meet privately with Warren Buffett,
CEO of Berkshire Hathaway,
who is considered the most effective investor
All Time.
Are they also the two richest people in the world?
Do you like
Is that so?
Would you like to have these two brilliant people teach you about
How to make financial and investment decisions?
Even though they are so talented
Either way,
these two men are not the only ones can advise us in this area.
Whether or not you believe in people and sentences
We can still learn a lot about stories in the Bible things from those people and stories.
In this book,
We will explore some of King Solomon’s teachings.
Solomon okay considered the brightest,
wisest,
and richest person the most of all time.
(Yes, even if his net worth was adjusted to suit the inflation situation,
up to now,
Solomon remained the richest man;
His net worth still exceeds greatly far from the net worth of Bill Gates and
Warren Buffet combined.)
Why King Solomon?
Why do we listen to one who lived 3,000 years ago?
An ancient king could teach
What does it tell us about contemporary financial issues?
Friend
Believe it or not,
he still has a lot to tell us.
In the early days of Solomon’s reign,
urged by fear of his unworthiness
– he ascended the throne when he was 12 years old
– so he asked God to give him a gift.
He may have had everything,
but think about what he would beg for what?
Solomon could pray for a powerful army
First, the army will ensure his power far surpasses all enemies defense;
he can also pray for wealth beyond compare,
so that he can Confidently choosing the best courtiers made him look handsome louder.
But what he asked for was unusual for its time that era,
and it is also very unusual in our time.
There is what I hope you will learn from my teachings him,
not anything else.
Solomon prayed for wisdom
and did not get it have more money or power.
He prayed for it the ability to make sound judgments
and know how to distinguish between good and bad.
(Friend
This story can be read in the Old Testament passages,
chapter 1 of the Saints Kings 3:9 and 2 Chronicles 1:10.)
I believe God was very moved by the simple request
but according to Solomon’s intuition.
So He gave it to him not only wisdom but also wealth,
even glory beyond anything anyone in history.
Solomon is a perfect model of wisdom and wealth luxurious.
His thoughts have been extensively recorded.
Anyone can access this idea.
And this book will use thought there.
Perhaps, you read this book
because you want to become an investor investment
or you are one of the 90 million investors in the United States today
now.
For our purposes,
“investors” are not just buyers stocks and bonds
but also buyers of real estate and homes machines,
factories,
or buying other things to make a profit.
As you will soon
Realize that the principles learned from Solomon are far-reaching wide
and we can apply them in many ways,
in every aspect of life.
Read this book slowly.
If a post
If a lesson seems too simple,
read it again.
Sometimes, one
The truths with the greatest power to change lives are often hidden
under a simple appearance.
For example, we can enter a complex tissue discussion
Isaac Newton’s mathematical description of gravity,
or we can ‘complete Toan’ believed it was right
so he didn’t jump off the roof test it.
Like many other scientists,
Albert Einstein searched for a ‘simple’ mathematical equation
that would explain the universe this pillar.
Quantum physics tells us about connectivity
and… Sorry
Readers, let’s get back to investing.
The argument here is:
A simple truth is always a powerful truth.
I have been professionally active in the investment field for more than 20 years.
I was a senior employee,
a trainer in national level and are regularly invited to lecture on leading topics
private.
During those 20 years,
I have witnessed most of the planning and techniques
Popular investment techniques and processes.
Please note,
I did not say that
Every way to invest that everyone knows about.
Wall Street continues to create offers investment products for you to buy.
(Including investment products
and also the investment tricks that I have presented meticulously in the book
My first book,
Exposing the Speculative Tricks of Wall Street –
Demystifying Wall Street:
Shedding a Little Light on the BULL).
By drawing on investment knowledge and experience myself,
I hope to bring the teachings of King Solomon into play live
and help you apply them to your investing work.
Are not
It must be Solomon who needs my help.
Solomon lived in a previous era
The early days of contemporary investing are long gone.
But that’s the field that I have ventured into.
Solomon will give a picture on what is important and wise,
and I will provide the ways
how to apply it to everyday life.
With each of Solomon’s lessons,
I will try to give examples to illustrate how messages can be used to their best advantage,
or recount how I witnessed that lesson being misused as
How, due to stupidity.
We’re going to cover some of the possibilities you don’t expect:
goal setting,
and even one
Discuss human greed.
We will also talk about one
Some things you might not expect,
for example:
generosity
How can we help you increase your wealth?
I promise,
This is not a sermon.
As you will see,
each chapter consists of two parts.
In the second part
First, we will hear a little story about Solomon,
and in later,
I will give an application in the twenty-first century,
and you can
Use it to deepen your investment knowledge.
For example, we can enter a complex tissue discussion
Isaac Newton’s mathematical description of gravity,
or we can ‘complete
Toan’ believed it was right so he didn’t jump off the roof
test it.
Like many other scientists,
Albert Einstein searched for a ‘simple’ mathematical equation that would explain the universe this pillar.
Quantum physics tells us about connectivity
and… Sorry
Readers, let’s get back to investing.
The argument here is:
A simple truth is always a powerful truth.
I have been professionally active in the investment field for more than 20 years
I was a senior employee,
a trainer in national level and are regularly invited to lecture on leading topics
private.
During those 20 years,
I have witnessed most of the planning and techniques
Popular investment techniques and processes.
Please note, I did not say that
Every way to invest that everyone knows about.
Wall Street continues to create investment products for you to buy.
(Including investment products
and also the investment tricks that I have presented meticulously in the book
My first book,
Exposing the Speculative Tricks of Wall Street –
Demystifying Wall Street:
Shedding a Little Light on the BULL).
By drawing on investment knowledge and experience myself,
I hope to bring the teachings of King Solomon into play live
and help you apply them to your investing work.
Are not
It must be Solomon who needs my help.
Solomon lived in a previous era
The early days of contemporary investing are long gone.
But that’s the field that I have ventured into.
Solomon will give a picture of what is important and wise,
and I will provide the ways
how to apply it to everyday life.
With each of Solomon’s lessons,
I will try to give examples to illustrate how messages can be used to their best advantage,
or recount how I witnessed that lesson being misused as
How, due to stupidity.
We’re going to cover some of the possibilities you don’t expect:
goal setting,
and even one
Discuss human greed.
We will also talk about one
Some things you might not expect,
for example: generosity
How can we help you increase your wealth?
I promise,
This is not a sermon.
As you will see,
each chapter consists of two parts.
In the second part
First, we will hear a little story about Solomon,
and in later,
I will give an application in the twenty-first century,
and you can
Use it to deepen your investment knowledge.
So, let’s dig deeper and think.
Let it be
King Solomon’s teachings are instilled in your mind.
Please share these lessons with the people you love
who are counting on your wisdom.
By all means way,
discuss these lessons with those who help you money management.
It’s time to get started,
but first,
let’s meet
Let’s meet King Solomon and his protégé.
7 financial principles of the richest people
Abidan
Abidan made two wishes.
First, the boy wants me be somewhere else,
not this place.
Second, you wish
Why don’t my knees shake anymore?
For Abidan, the trek from
His home, in Northeast Jerusalem,
getting here seemed so short
It’s short,
because you got here early.
A servant of the King accompanied him to the palace,
then another servant led him
he entered the massive building.
If there are no designated servants
With this intention,
Abidan probably did not have the courage to go from home to here.
The mandarin walking next to him was tall,
big,
and looked proud and self-confident believe,
as if he was born to hold a noble position that he we are holding.
He walked and stood with confidence that came from his heart
brave.
A quiet man,
he only said two words: “Loi
This.” The scene of the inner palace made Abidan feel suffocated.
Under his feet are huge,
hand-cut stone slabs form the foundation for the building.
The rafters and beams are made of snow wood
The pinecone seemed to float above his head,
and the walls were sheathed made of wooden planks carved
by skilled craftsmen best profession.
They passed through a deep room with three rows of stone pillars, each
The row has 15 columns,
feels cool and smooth to the touch.
There are many
Many golden shields hang on the wall.
“Five hundred,” said the attendant.
“Five hundred?”
“That’s the number of golden shields hanging on the wall.
Everyone who comes here books question.
Are you going to ask anything?”
Abidan intended not to say anything,
but then he thought it best
Don’t lie to this man.
“Where is this place?”
“This is the Palace of the Forest of Lebanon.”
“The pillars make it look like a forest.”
“That’s why it was named that way.”
When the boy and the servant entered another room,
tim Abidan beat in his chest like a galloping horse.
Here, the legs
The wall is covered with fine stone up to one-third of the wall’s height,
and white stucco wall between the stone wall base
and the ceiling towering cedar panels above which are hung paintings of grass
trees,
animals.
At the other end of the room a throne was placed on a high stone platform.
“This is… I mean, this is…?”
“Yes,” said the mandarin,
“this is the Palace of Adoration.”
They passed through other large rooms,
and then exited a yard surrounded by blooming trees,
the tall trees and gurgling fountains.
There is one person
A man, younger than Abidan’s father but not very old,
was standing
looked up at the sky.
He wore a long robe,
and had curly hair
His black was beginning to show silver.
“O King,” said the servant,
“Abidan, son of Zerah, has arrived.”
“Thank you,” said the king.
“You can go now.”
When the eunuch had been gone for a while,
Abidan’s knees buckled
started trembling.
The boy tried to speak,
but was speechless.
Your feet
It was as if he had grown roots into the ground,
causing him to stand still and unable to move.
“Come here, boy.”
Heart beating wildly,
Abidan tried to move his legs.
But to each
His footsteps and sandals seemed to get heavier.
It was time to pass the courtyard
and standing next to the King,
he still felt the same.
“I…” He said breathlessly.
“I have come at your command,
Your Majesty.”
Solomon turned to face the boy.
“I see. Are you scared?
“Yes, Your Majesty.”
“How old are you?”
Solomon’s voice was gentle and Solemn.
“I’m thirteen years old.”
“Already a man, right?”
“Yes Yes.”
Solomon nodded.
“Do you know why I called you here?
Are not?”
“No, Your Majesty.
The mandarins announced that the King want to see you.
That’s all I know.”
“I know. How is your father, Zerah?”
“Dad, I’m fine.
But the cold night made his joints hurt
“Abidan didn’t understand why I said that second sentence.
“That’s life.
I haven’t seen your father for many years
Already.”
Abidan couldn’t believe his ears anymore.
“Does the King know your father?”
“YES. He gave me a lot of good advice and helped me
when I was young was still a young king.
Do you know about those tips?
Are not?”
“No, Your Majesty. I do not know.”
“A long time ago,
since before you were born,
I made a promise to your father grant him any favor he asks for.
Among the very
For many things he could ask me,
he only asked me to teach him child.”
“Child?”
He knew he would have a son one day,
and he wanted the best for it.
I will be your teacher some areas.”
“I’m not worthy of wasting your time,
sir King.” Abidan bowed his head low.
“Will see.”
“What will I learn?”
“Have you seen my palace?”
Abidan nodded.
“Yes. It’s the most beautiful palace I’ve ever seen see…
Even more beautiful than the Holy Temple, of course…
that’s because
He built it.”
“It took seven years to complete the Holy Temple,
but this palace must be completed
It took 13 years to build it.
I have learned a lot in years,
and God has given me wisdom.
I will share
My wisdom to you.”
“Your Majesty,
it is said that you know more than 3,000 verses aphorisms and maxims.”
“Yes, and I will share some with you,
but you must promise
that you will listen and pay attention to my teachings.
You have my word
Is that so?”
“Yes, Your Majesty.”
“Then, let’s start studying…”
II. WALL
When Abidan arrived at the palace,
the same mandarin from the previous day came to welcome him.
He was led through large,
paneled rooms again.
With each step,
his heart beat a little faster.
During their previous meeting,
the king had been very kind to him,
so he felt less afraid,
but still not more confident.
When they arrived at the Palace of Adoration,
the attendant stopped.
Abidan also followed suit.
The day before, the room was empty,
but now,
the king was sitting on his throne and stroking his beard.
A moment later, the king spoke,
but spoke so softly that Abidan could not hear anything.
There were two men standing bowing before the king.
“What is going on here?” Abidan asked.
“The king often holds court here.
These people are in dispute.
The king will make the final judgment.
The wisdom of famous people everywhere.”
“So do you share that wisdom with others? huh?”
“Otherwise, it wouldn’t be considered wise.
He will share wisdom with you.
He shares wisdom where it needs to be shared.”
“They are working, Your Majesty.”
Solomon sighed. “Let’s take a closer look.”
Abidan looked closely at the men for a moment.
“They are removing stones from the wall.”
“Correct.”
“I don’t understand,
Your Majesty.
The wall looks new and in good shape.”
“It’s true it’s new,” Solomon said.
“Just built ten days ago.”
“So why destroy it?”
“It was well built and sturdy,
but not according to plan.
The master craftsman whom I hired to do this work had to go to Galilee,
and his workmen continued to build this wall.
He left specific instructions on how to do it and where the curve should be.
When he returned from the North,
the wall was there completed
but did not meet the specifications he proposed.”
“So He made him do it again.”
“Are not. I did not give such an order.”
Abidan looked at Solomon.
“But Your Majesty,
he has come here and is doing it with his workmen.”
“He came to me the day he returned,
apologized to me,
and asked me to allow him to remove the wrong parts of the wall
and rebuild it as designed.
Of course I agree.”
“He offered to correct his mistake?”
“He takes responsibility for his work. He proposed
Please do it right.”
“Does he blame his workers?”
Solomon shook his head.
“No, Abidan, he did not blame.
He said it was his own fault.”
“But Your Majesty, he is away.”
“Exactly. What does this teach you?”
“Hire wisely.” Solomon laughed.
“Yes, that is wise,
but it is not your lesson today.
Let’s think again.”
“This man trusted his workmen to do the job right,
but they didn’t do it right…”
Abidan thought blankly.
“He didn’t blame the workers blame yourself.”
“Good. Go on.”
“I don’t know.”
“I believe you know.
Now, he and his workers
What am I doing?
“Tearing down and rebuilding the wall.”
“Why so?”
“Because it wasn’t built right…
and that master worker believed it
that it is his responsibility to do what he promises.”
“Very good, Abidan.
The word ‘responsibility’ is the key point.
This master is one of the people I love.
He did something rare,
not because I asked,
but because of him
Take responsibility for your work.”
“Therefore, if you are wise,
you will not deny it
Is it your responsibility for… my work?”
“And about decisions,
about finances,
about family, and all everything.”
“I know.”
Solomon closed his eyes and read,
“The plans of a diligent man bring profit,
and haste inevitably leads to poverty.”
“An aphorism.”
“Correct. What does it mean?”
“Hard work leads to wealth.”
“No, that’s also correct.
But I’m not talking about working hard.”
Solomon recited the aphorism.
“The King said ‘hard work.’”
“A wise person is a hard-working person.
He not only works diligently,
but he works properly,
he works with a plan,
he knows what the end result will be.
Our master knows what the wall needs to be like.
That was his goal,
but the workers he assigned failed to realize his goal,
so he was reconsidering it himself.
What is the lesson here?
“Don’t trust others too much…”
Abidan saw a frown forming on the king’s mouth.
“Set a goal and work toward it.”
“Correct.
So who will be responsible for that goal?”
“Foreman.”
“What about in your life?”
The meaning suddenly became clear.
“You will be responsible.
To become wise and rich,
you must be diligent – work hard,
but with a clear purpose.
You are responsible for what you dream,
for what you do.”
“You have grown wiser,
Abidan, but be careful.
You must look beyond money.
Anyone who loves money too much will never have enough money;
If you love wealth too much,
you will never feel satisfied with your income.”
“I think I understand now.
The mason did this addition not for money,
but because he was responsible for how the wall looked and where it was built.”
“The foreman believes he is losing money,
which he is. I will reward his diligence.
Now, Abidan, tell me, in just one sentence,
what have you learned?”
“You are responsible for your dreams,
your money, and your work.
To become wise,
you must be diligent in everything you do.”
“Two sentences are lost, Abidan.
But it’s acceptable.”
Solomon turned and started walking back to the palace.
“I have to return to judge a dispute between two women.”
“Abidan.”
“Yes, Your Majesty.”
“Tell me the meaning of this aphorism:
‘Do Auxiliary works and planting have been completed;
then build the throne your house.’” [Book of Proverbs: 24:27].
Abidan was scared to see things starting this way again.
Standing next to the king in his own courtyard is bad enough,
Yet he was questioned by the most powerful and wealthy man world,
the boy’s spirit was almost broken.
“Child don’t know.
I’m not very smart in this matter.
I sorry for disappointing the King.”
“Just because you can answer doesn’t mean you’re not ashamed,
my son;
Are not being able to find the answer is a shame.
Listen when I repeat this aphorism.”
Solomon repeated the aphorism and waited.
A drop of sweat ran down Abidan’s spine.
“Let’s work
The supporting and planting process has been completed;
Then build your house.”
“Good. Let’s repeat that.”
Abidan repeated the aphorism three more times.
“Now I can remember the words
but still don’t understand the meaning
Tell me what that aphorism teaches you.”
Abidan briefly thought about lying,
but if he lied to his family
The king will bring shame to your father
and will certainly disgrace the king
angry.
“It teaches that building a house is not important
Working hard is the most important thing.”
Solomon frowned.
“This big palace,
you just saw it,
Do you think it’s not important?
“Of course not, Your Majesty.
It is a throne magnificent,
the most beautiful palace that He has built.”
“Yes.”
“I answered wrong.”
This time, King Solomon smiled.
“This sentence is also correct please try
Let’s see what happens.”
Abidan pondered to find words to express.
A moment later, he spoke.
“Sentence aphorism teaches that,
if a person has not met the needs
In my eyes, that person cannot meet my needs pray for your future.”
“Exactly!”
Solomon patted Abidan on the shoulder,
so hard it stung boy’s body.
“But there’s one more idea.
Why plant first?
Build a house later?
Abidan mentally rehearsed his answer.
“If a person does not cultivate then that person’s family has no food.
A beautiful house will not
What good is it to that person?”
“Zerah would be so proud of you.
You can tell your father that
You have satisfied me.”
“Thank you, King.”
There is still much more to learn.
You and your father work in the fields
Uh?”
Abidan shook his head.
“No, Your Majesty,
my father is a carpenter
and teach me that profession.”
Abidan was certain that the king knew this.
“Then, is that aphorism of no use to you?”
Solomon walked closer to the fountain
and sat on the bench of beautifully carved stone,
and signaled Abidan to do the sameSolomon frowned.
“This big palace,
you just saw it,
Do you think it’s not important?
“Of course not,
Your Majesty.
It is a throne magnificent,
the most beautiful palace that He has built.”
“Yes.”
“I answered wrong.”
This time, King Solomon smiled.
“This sentence is also correct please try
Let’s see what happens.”
Abidan pondered to find words to express.
A moment later,
he spoke
“Sentence aphorism teaches that,
if a person has not met the needs
In my eyes, that person cannot meet my needs pray for your future.”
“Exactly!”
Solomon patted Abidan on the shoulder,
so hard it stung boy’s body.
“But there’s one more idea.
Why plant first?
Build a house later?
Abidan mentally rehearsed his answer.
“If a person does not cultivate then that person’s family has no food.
A beautiful house will not
What good is it to that person?”
“Zerah would be so proud of you.
You can tell your father that
You have satisfied me.”
“Thank you, King.”
There is still much more to learn.
You and your father work in the fields
Uh?”
Abidan shook his head.
“No, Your Majesty,
my father is a carpenter and teach me that profession.”
Abidan was certain that the king knew this.
“Then, is that aphorism of no use to you?”
Solomon walked closer to the fountain and sat on the bench of beautifully carved stone,
and motioned to Abidan to do the same.
Abidan suspects the answer will be “no.”
“The aphorism can has many meanings.”
“Very good, Abidan.
What does that aphorism mean to you? any?”
Every question deepened Abidan’s mind but
It also makes you think harder. “I… I’m doing it
You are disappointed, Your Majesty.”
Solomon said gently,
“No, Abidan, you don’t do it for me not disappointed.
I come here to learn.
Wisdom just comes to those who seek it,
not to those who wait
It. Do you understand?
“I understand.”
“Then tell me, what does that aphorism mean?
What about you?
Abidan took a deep breath,
then exhaled slowly.
“For a farmer must first grow crops for his family having enough food,
and growing crops before building the house, then…
You have to do it first… today’s work will bring good things to you
Tomorrow.”
The wise Solomon’s laughter echoed throughout the yard,
causing
The pigeons were startled and flew up.
“That’s right, Abidan,
the thing
Wisdom has found you and you have found wisdom and know.”
The king leaned forward and dipped his hand in fountain.
“Tell me, this water has reached my hands how?”
“You dipped your hand in the water.”
“So how did the water get here?”
Abidan frowned.
“I think someone poured water into the radio spray water.”
“And…”
“And people brought water and poured it into the fountain
because it was built fountains,
fountains were built because the yard was built,
and the yard was built for the palace…”
“I think you’ve found the key point,
Abidan.
A wise person will do the first thing first,
the second thing later,
Just like that.”
“But how do you know what to do first?”
“Did you walk here today?”
“Yes, Your Majesty.”
“Which path should I take first?”
“The road in front of my house.”
“For a man, it’s his job,
his money is equally important.
You start where you are stand,
but you must also have a destination to reach.
One person is working today,
but one’s mind has to think about
Tomorrow.”
Solomon closed his eyes and turned his face toward the morning sun
bright.
“That seems simple to you, doesn’t it, Abidan?”
“I don’t know why,
Your Majesty, but it’s very simple.”
“Actually, wisdom is very simple,
but having it is very important hard.”
The king bent down and looked Abidan straight in the eyes.
“People plan wisely and keep planning.”
“I understand.”
There was a delicate throat clearing behind them.
Solomon and Abidan returned together.
The attendant who led Abidan into the courtyard was standing
A short distance away from them but silent without saying anything.
Solomon nodded head.
“I have to go. I will see you again tomorrow.
Please send me your message
Ask about your parents’ health.”
“Tomorrow?”
Solomon stood up.
“One cannot become wise just for one day, Abidan.
