Did you miss Major League Baseball’s trade deadline? Who could blame you? Let the billionaires have their fun. Let the Washington Nationals’ Lerner family squabble with agent Scott Boras over what generational player Juan Soto is worth. Will his new home with the San Diego Padres land him that $500 million deal in a couple of years? The suspense is like watching paint dry. But that’s the life of the billionaires. They, too, need a reason to get up in the morning.
Look, I’m Your Survival Guy, not some billionaire team owner. But I too have my team. Sure, it’s fantasy football. But this will be year 20+ of playing against the friends I grew up with and others I met through them. I think I’m the only one who hasn’t won the championship yet. Because every year, I go in thinking, “this is the year” (and this one might be the year). And for the cost of a night out to dinner, it’s entertainment for an entire Fall in New England, which is especially nice when the weather’s not.
What does the billionaire do after buying the pro-team, the super yacht, the Aspen home(s), summer camp in Sun Valley, admission to the Oscars afterparties, and making the Forbes list? What else is there? Well, they invest as if it’s the last dollar they’ll ever have because being #300 on Forbes means one thing— what will it take to be #299?
Action Line 1: Live like a billionaire. Don’t lose money. Keep that competitive edge. And remember, winning isn’t everything. It’s the only thing, especially when it comes to my football league.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
- Teaching A Family Investment: Warren Buffett’s Annual Letter and You - November 25, 2022
- Happy Thanksgiving! - November 24, 2022
- Progressives Want to Blind You to Big City Crime - November 23, 2022
- Biden Rewards ESG Managers with New 401(k) Rule - November 23, 2022
- Private Equity Burns State Pension Fund with FTX Investment - November 22, 2022