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/biz/ - Business & Finance


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21764825 No.21764825 [Reply] [Original]

HOW do I become a multimillionaire/billionaire unethically? I always hear people whining and protesting about billionaires making their fortunes through ruthless and unethical actions, ie destabilising foreign currencies, but I don’t have the capital to do that obviously. I have the moral capacity to become a billionaire but HOW? I’d be willing to learn ANYTHING and start my own business, but I wouldn’t know what path let alone industry to go for. I fear that I’m too stupid for this.

>> No.21765012

>>21764825
Every person I know that tried this "i dont care about ethics just want money" thing has failed and lost not only money but also friends and everyone who once liked them. It's a trap. The unethical decisions you have to make come some time when you already have something legitimate but if you force it you will ruin yourself. It's not that they like to do ruthless things (generally speaking), they just choose what's most efficient when the time comes.

>> No.21765034

>>21764825
put 5 grand in ANKR, wait like 3-4 years

>> No.21765043
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21765043

>>21764825
Only way for becoming a billionaire is to be the next Jeff Bezos, or have billionaire parents. The fun thing of being insanely rich is that you can buy positions in the boards of big companies, then you can become ruthless. Look at Warren Buffet, everyone thinks he just "value invest" in companies while he actually is extorting companies with his capital and demands board positions or special treatments.

>> No.21765060

>>21764825
Do what the CIA does to fill their black budget coffers
Buy discount panties from a Chinese supplier
Pretend you're a woman and sell them on eBay as "used"

>> No.21765067

theres no way to do it unless you have connections or you win the crypto roulette

>> No.21765148

>>21764825
Unironically start pre-sale scams and Uniswap scams. But please for the sake of us all do the long-term scams.
You only do short-term scams like a pre-sale if you need the money to start off with liquidity for Uniswap.
But please for the love of God do it like Brrr or any other scams, do not rug pull in under 1 hour just because you saw a faggot whale ready to dump on your liquidity.

>> No.21765227

>>21765012
This

>> No.21765381

>>21764825
It's all just cope. The poor and unsuccessful tell each other the myth about the unethical rich people so they can at least feel good when it's already obvious that they're economic failures.

>>21765043
Marxist lies. The vast majority of billionaires in the west didn't inherit their fortune.

>>21765067
Lies again. The game is not rigged, but your mindset is a loser's mindset. If you're convinced that you can only make it if you have "connections" (which you don't), you're already coping and blaming others / the world for being a miserable failure. Man up.

>> No.21765426

>>21765012
this

>> No.21765429

>>21764825
you just need one trade
>Staut shako for 2 refines
and you're a trillionaire

>> No.21765469

>>21765381
Name a billionaire that didn't have wealthy parents.

>> No.21765482

>>21765381
for the Cognitive main of the population the game is rigged, but thats because of 5d chess and over 9000IQ people fucking around with baboon CONZOOMERS

>> No.21765486

>>21765381
I guarantee you are poor as fuck and have absolutely nothing to show for all this advice you hand out online.

>> No.21765542

>>21764825
"I'm an edgy 20 year old that hasn't hurt a fly in real life, but I often fantasise that I wouldn't mind hurting others to get rich."

>> No.21765614
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21765614

>>21765469
Oprah Winfrey
Howard Schultz
Ralph Lauren
Larry Ellison
Kenneth Langone
Sheldon Adelson
Alan Gerry
John Paul DeJoria
Harold Hamm
J.K. Rowling

>> No.21765657

>>21765614
Lmao a list of satanists and jews. GG fucking gay earth.

>> No.21765694

>>21764825
Sell your soul to the (((devil))) it’s how most become rich anyways

>> No.21765703

>>21765657
What about Notch?
>He had a difficult childhood in a small, rural town where his parents had moved to escape his father’s drug and alcohol addiction in Stockholm.
https://www.dailymail.co.uk/news/article-3220333/The-whining-billionaire-says-rich-sheer-hell-Inside-life-Minecraft-founder-Markus-Persson-says-ruined-money.html

>> No.21765726

>>21765012
Surprisingly insightful reply for this dumb board

>> No.21765727

>>21765469
There are dozens, but I'll choose the one that's going to enrage you most: J.K. Rowling.

>>21765486
It's true, I'm not super successful and certainly far away from being a billionaire. All I have to show for is a small IT business. But that's enough to spot those losers who blame their failure on others / the system / their boss (aka me) in a millisecond, because I'm never hiring anyone with that mindset ever again.

>> No.21765772

>>21765703
From what little I know I'm open to being favorable towards him.

>> No.21765774

>>21764825
Almost anyone has the moral capacities of which you babble. What you would need are extraordinary abilities and maybe a good portion of luck. You are basically a simple person who is a bit ruthless and unsympathetic. People like you mostly ngmi.

>> No.21765891

>>21764825
First you need to come out as very passionate at what you do. If you join a business, go as the #1 promoter of it, come off as the guy who wants the most for it to succeed. This drive will give the illusion to owners that they can trust you (because they have same goals as they perceive that you do, success of that business). Once you gain trust, you gain more responsibility and more power over things. After accumulating sufficient power, you can start the shady things. (Collide with competitors, make shadow deals with companies for partnerships, etc.).
In crypto it's much harder to gain trust but it's more easy to get away abusing it

>> No.21765999

>>21764825
There are no moral billionaires. All ultra-weathly would not be so without extract some of the surplus value from those who labor for them. Either accept that you are willing to exploit others for personal gain or give up your dream.

>> No.21766145

>>21765999
>Voluntary exchange of time vs money is exploitation if someone makes a profit off it
Nice trips, but please just fuck off to your gulag where you belong. This story is so old, so stupid and so fucking wrong it's almost unbelievable people still tell it. How old are you, 13?

>> No.21766212

>>21764825
buying a house and renting it out for more than your mortage + repair costs = unethical.
Paying your employees wagecuck wages that barely make them pay rent and food = unethical.
Not giving your employees sick days = unethical.
Investing into weapon stocks and other companies that support either war or are massively polutting = unethical.
Giving your buddy joe a contract as a politician and shilling for higher prices for that job to your country = unethical.
Gibson that's making guitar out of illegally cut trees = unethical.
Making money by getting your factories into a third world country where its cheaper and paying them slavery wages and ungodly hours = unethical.
Keeping your money away from taxes by jumping through some hoops you can only do when youre rich = unethical.
Making money off the insecurities of others or the mental health of others ( drug dealers / porn /sex pills/ etc. ) = unethical.
Making money by running a casino which will bankrupt a lot of people = unethical.


list goes on man.

>> No.21766259

>>21764825
Be a doctor. Oncology. Literally murder people and collect a quarter million a pop.

>> No.21766361

>>21765012
>>21764825
Meh I have a buddy running a few only fans accounts. Directs porn on the side, and posb some other gray area shit. Seems to be doing pretty well for himself

>> No.21766388

>>21766212

Not accounting for tail risk events like massive damages which cannot be claimed or hold tenant liable for = you're an idiot
Paying your employees what you can afford to pay them without going out of business because your margins are so small = you're an idiot
Making money by offering gamblers a way to voluntarily do something they enjoy = you're an idiot

NGMI

>> No.21766433

>>21765469
OVER 50 PERCENT OF BILLIONAIRES IN THE US ARE SELF-MADE RETARD

>> No.21766555

>>21766388
>Not accounting for tail risk events like massive damages which cannot be claimed or hold tenant liable for = you're an idiot
Making money of the poverty of others, because they don't earn enough to get their own loan to pay 500$ of mortgage costs, but can pay a estate owner 1000$ a month of which he profits even with risk events = unethical.

>>21766388
>Paying your employees what you can afford to pay them without going out of business because your margins are so small = you're an idiot
paying your employees poverty wages just so you can expand your business = unethical

>>21766388
>Making money by offering gamblers a way to voluntarily do something they enjoy = you're an idiot
im not even gonna argue here. youre a fucking kike loving faggot if you think running a casino is ethical

>> No.21766781

>>21765381
>There are 2,604 billionaires in the world, and 55.8% of them are self-made. That's according to the Billionaire Census published Thursday by market research firm Wealth-X.

Can we agree we're both right? But my guess is that a lot of those 55% got rich by buying cheap communist factories, family connections or tech bubble.

>> No.21766815

>>21766555
Holy shit I didn't know commies were favories of today's numbers. Enjoy your trips and then please KYS

>> No.21766930

>>21764825
All of those ways involve the use of g-weighted skills. People who gripe about people making money through cruel means are preserving their egos by focusing on half of their complaint: that cruel people in this world can be capable of outsmarting them.
You're misreading it be interpreting people's limitation as some kind of self-imposition of morality. They're moral idiots complaining about immoral geniuses, and it's important to remember that moral geniuses and immoral idiots exist too - their success isn't their scruples anymore than you can say a great investor's wealth was easier to come by if he was a bullish or bearish trader. The average psychopath criminal is a serial killer, even though psychopaths also rule the world, so we can say with some confidence that bearishness and bullishness on morality are not merely sucker's visages, disingenuously obfuscating the challenges involved in the paths to success (let's be honest, "opposite day" isn't exactly an intellectual's idea of hiding in plain sight). Moral and immoral strategies exist, and operate with some degree of parity. They are niches that benefit the right people in the right places at the right times.
Navigating intrigue and presenting a front of morality are also g-weighted skills btw. There are a lot of sincerely kindhearted geniuses, and there are a lot of well-beloved geniuses who are faking it, and plenty besides, and you'll find that what filters the successful from the unsuccessful isn't really their moral stance so much as it's how they remain agile in the face of the world they were placed in.

So that's your key: adaptations are for environments, because power is NP-hard.

>> No.21766941

>>21766781
>my guess is that a lot of those 55% got rich by buying cheap communist factories, family connections or tech bubble.
The majority of billionaires in the west became rich because they founded companies who created goods and services that everyone was willing to pay money for, voluntarily. You know, stuff like computers, smartphones or a website where you can click on shit and tomorrow it's on your doorstep. Stuff our ancestors wouldn't even dare to dream of.

We can agree about the billionaires in the east though. They became rich by buying low and selling high, but that kind of behaviour doesn't belong to /biz/.

>> No.21766942

>>21766145
>exploit, be exploited, or suffer in poverty
>voluntary exchange

>> No.21766963

>>21764825
what makes you think anyone here would know?

>> No.21767042

>>21765469
Dr dre Michael jordan notch

>> No.21767055

>>21766942

If you want to produce your own food, clothes, smart phone, etc. be my guest. inb4 "but no land fegget", you can buy 20 acres in Colorado for a years worth of low income wageing dipshit.

>> No.21767074

>>21766942
Nobody is stopping you from starting your own business if you experience all kinds of employment as exploitation.
>But that's suffering in povery
No, you're just lazy

>> No.21767141

>>21766930
so basically:
>brainlet lose, always
>genius win, maybe - moral and immoral paths available

>> No.21767183

>>21765614
I don't know those people but I can assure you that they were in the right place and at the right times. I mean, they had luck or connections, of course they will never admit it ;) I mean Elon musk larps as a self made for example.

Just by living in a place like USA your life is 10 or 100 times easier than being in other countries

>> No.21767272

>>21767183
well, he's a self-made billionaire, but not a Selfmade millionaire

>> No.21767291
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21767291

>>21764825
Most wealthy people inherit their money. Very, very few people make it from nothing.

If you consider that fact there are 7 billion people on this planet, you literally have better odds at making it through winning Powerball or MegaMillions

>> No.21767311

>>21767183
>I can assure you that they were in the right place and at the right times
Of course they were. But you can only be at the right place at the right time if you're at the right place to begin with, which is what 99% of people already fail at. Giving your best doesn't guarantee success, but not doing anything guarantees failure.

>Just by living in a place like USA
If you resort to this kind of arguments you can basically give up. And btw, Musk is from africa.

>> No.21767313

>>21767141
well to reiterate the scope of the thread: that's mostly involved in cases where people rise off their own ingenuity and steam
nepotism is a real force and the upper caste of any era is essentially a small, rock solid core of intellectual performance surrounded by the fat of nepotism

>> No.21767342

>>21767291
>Most wealthy people inherit their money. Very, very few people make it from nothing.
Wrong. The majority of US millionaires don't inherit anything. Only about 1/3rd inherited their fortune.

>> No.21767362

>>21765012
Psychopaths are statistically more wealthy than the average person, kill yourself for making up this retarded platitude.

>> No.21767382

>>21764825
grow weed in your basement and wholesale it to a dealer in bulk. unethical white collar crimes require rich connections and a yarmulke.

>> No.21767402

>>21767362
psychopaths are time and time again shown to be less effective executives

>> No.21767452

>>21765703
He's a based game-developer. Make a video game for kids & teens and you'll become a multimillionaire.

>> No.21767509

>>21767342
Bullshit. Should clarify that by wealthy I was referring to people in excess of $20+million. Not some professional boomer who managed to save his money well over the course of 60 years

>> No.21767728

>>21767313
I get you.
Suggest one correction - in every era there are many "solid cores of intellectual performance" that make up the upper caste(s) of each pool (USA, EU, China in our era) in each area of activity.
Their nepotism disgusts me because they reel you in with the comfort blankets - "we respect you, anon", "you're one of us, anon", "take a ride on my private jet, anon". I imagine that if you accept this pseudo-reality, before you know it your life is gone
Frankly, anyone who hopes to make it (really make it) should be ready to die average trying to make it rather than live as their sidekick

>> No.21767971

>>21767509
No, I call BS.
You already know that the majority of "ordinary" millionaires didn't inherit shit (only 21% got it through inheritance). That's why you stepped up and now hide between 20+m.
But even when you go up to the billionaire scale, 2/3rds made their money basically themselves.
So why would those in the "middle" be any different?

>> No.21768179

>>21765774
This
Every normie is ruthless and unethical

>> No.21768785

>>21766930
goebelz?