A Lesson About Wealth From Elon Musk, the World’s Richest Human

Barrons2022-04-13

Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...

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koolgal
·2022-04-16
The important lesson according to the author is that the best way to build wealth is to hang onto stocks long term and benefit from the magic of compounding.
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5
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BKT
·2022-04-14
Good. Pls like thanks.
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1
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Vivian.89
·2022-04-13
A man with vision that no one could imagine, or maybe not dare like him.
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1
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Stekst
·2022-04-13
He just ahead of us ...He see what other can't see..
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4
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JcJc
·2022-04-13
King 👑
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3
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Remotecam
·2022-04-13
I really do hope he gets humans to Mars. He'll need to quadruple his value to 1 Trillion to pay for it. He's got a long way to go. $Tesla Motors(TSLA)$
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4
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小虎一飞冲天
·2022-04-13
Like pls
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3
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BenjiFuji
·2022-04-13
Yup, stay far far away from airlines. Unless you only want to be a millionaire. 🙊
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2
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LenaNg
·2022-04-13
So blessed
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3
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Huatster
·2022-04-13
Good
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5
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William C
·2022-04-13
like
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4
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N00b
·2022-04-13
Ok
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3
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_J_R_
·2022-04-13
Brilliance and luck ❤️❤️❤️
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2
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breAkdaWn
·2022-04-13
not every one has the buisness acumen that Elon has.. we are merely.. ordinary..
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6
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MIe
·2022-04-13
Musk no 1 driven n passion
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Eaglewings
·2022-04-13
Yes, invest in good businesses and hold on to them
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Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","article_id":"1139853947","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","pubTimestamp":1649830226,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Elon Musk is worth a cool $274 billion. 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Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9083626274,"gmtCreate":1650112399073,"gmtModify":1676534649742,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"htmlText":"The important lesson according to the author&nbsp;is that&nbsp;&nbsp;the best way to build wealth is to hang onto stocks long term and benefit from the magic of compounding.&nbsp;","listText":"The important lesson according to the author&nbsp;is that&nbsp;&nbsp;the best way to build wealth is to hang onto stocks long term and benefit from the magic of compounding.&nbsp;","text":"The important lesson according to the author is that the best way to build wealth is to hang onto stocks long term and benefit from the magic of compounding.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9083626274","repostId":1139853947,"repostType":2,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080863954,"gmtCreate":1649865748552,"gmtModify":1676534594079,"author":{"id":"3570853427202414","authorId":"3570853427202414","name":"BKT","avatar":"https://community-static.tradeup.com/news/15cb8e8f0a7c44ca01c83b3bfdddbd86","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570853427202414","authorIdStr":"3570853427202414"},"htmlText":"Good. Pls like thanks.","listText":"Good. Pls like thanks.","text":"Good. Pls like thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080863954","repostId":1139853947,"repostType":4,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080888487,"gmtCreate":1649865225477,"gmtModify":1676534593773,"author":{"id":"3580805708901037","authorId":"3580805708901037","name":"Vivian.89","avatar":"https://community-static.tradeup.com/news/60bd1a79480c57ad8fcc67dc779af034","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3580805708901037","authorIdStr":"3580805708901037"},"htmlText":"A man with vision that no one could imagine, or maybe not dare like him.&nbsp;","listText":"A man with vision that no one could imagine, or maybe not dare like him.&nbsp;","text":"A man with vision that no one could imagine, or maybe not dare like him.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080888487","repostId":1139853947,"repostType":4,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080363787,"gmtCreate":1649847571412,"gmtModify":1676534589016,"author":{"id":"4107586975974570","authorId":"4107586975974570","name":"Stekst","avatar":"https://community-static.tradeup.com/news/4266983b5362138cf4a2dafc47c9c6c5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4107586975974570","authorIdStr":"4107586975974570"},"htmlText":"He just ahead of us ...He see what other can't see..","listText":"He just ahead of us ...He see what other can't see..","text":"He just ahead of us ...He see what other can't see..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080363787","repostId":1139853947,"repostType":4,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080305232,"gmtCreate":1649841043159,"gmtModify":1676534587770,"author":{"id":"4088126420960140","authorId":"4088126420960140","name":"JcJc","avatar":"https://static.tigerbbs.com/3a18de000ce7013be088f3ab4082bd27","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4088126420960140","authorIdStr":"4088126420960140"},"htmlText":"King 👑&nbsp;","listText":"King 👑&nbsp;","text":"King 👑","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080305232","repostId":1139853947,"repostType":4,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080974392,"gmtCreate":1649839733637,"gmtModify":1676534587553,"author":{"id":"4093854476996450","authorId":"4093854476996450","name":"Remotecam","avatar":"https://community-static.tradeup.com/news/f856a0a30bd0fa23a086fc678014e48b","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"4093854476996450","authorIdStr":"4093854476996450"},"htmlText":"I really do hope he gets humans to Mars. He'll need to quadruple his value to 1 Trillion to pay for it. He's got a long way to go.&nbsp;&nbsp; <a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>","listText":"I really do hope he gets humans to Mars. He'll need to quadruple his value to 1 Trillion to pay for it. He's got a long way to go.&nbsp;&nbsp; <a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>","text":"I really do hope he gets humans to Mars. He'll need to quadruple his value to 1 Trillion to pay for it. He's got a long way to go. $Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080974392","repostId":1139853947,"repostType":4,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080941656,"gmtCreate":1649837680210,"gmtModify":1676534587094,"author":{"id":"3582098623642517","authorId":"3582098623642517","name":"小虎一飞冲天","avatar":"https://static.tigerbbs.com/1a55a61195830e019abf5d3cc69681b9","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3582098623642517","authorIdStr":"3582098623642517"},"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080941656","repostId":1139853947,"repostType":4,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080941003,"gmtCreate":1649837656758,"gmtModify":1676534587086,"author":{"id":"4110175785559852","authorId":"4110175785559852","name":"BenjiFuji","avatar":"https://community-static.tradeup.com/news/330f59d829009a2c318784ab2b5e6098","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"idStr":"4110175785559852","authorIdStr":"4110175785559852"},"htmlText":"Yup, stay far far away from airlines. Unless you only want to be a millionaire. 🙊","listText":"Yup, stay far far away from airlines. Unless you only want to be a millionaire. 🙊","text":"Yup, stay far far away from airlines. Unless you only want to be a millionaire. 🙊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080941003","repostId":1139853947,"repostType":4,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080943159,"gmtCreate":1649837567583,"gmtModify":1676534587064,"author":{"id":"3557138699303638","authorId":"3557138699303638","name":"LenaNg","avatar":"https://static.tigerbbs.com/1a4e36442a26c6b020b19f34004da7d5","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3557138699303638","authorIdStr":"3557138699303638"},"htmlText":"So blessed&nbsp;","listText":"So blessed&nbsp;","text":"So blessed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080943159","repostId":1139853947,"repostType":4,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080958790,"gmtCreate":1649836774909,"gmtModify":1676534586882,"author":{"id":"3553940862995950","authorId":"3553940862995950","name":"Huatster","avatar":"https://static.tigerbbs.com/d9dc702866f5062cdf4876ec185d9e88","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3553940862995950","authorIdStr":"3553940862995950"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080958790","repostId":1139853947,"repostType":2,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080967586,"gmtCreate":1649834059163,"gmtModify":1676534586466,"author":{"id":"3576279418760291","authorId":"3576279418760291","name":"William C","avatar":"https://static.tigerbbs.com/fb9f11370915ffd45c2c37d8b0d22d50","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576279418760291","authorIdStr":"3576279418760291"},"htmlText":"like&nbsp;","listText":"like&nbsp;","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080967586","repostId":1139853947,"repostType":4,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080964586,"gmtCreate":1649833950469,"gmtModify":1676534586458,"author":{"id":"4102702385674620","authorId":"4102702385674620","name":"N00b","avatar":"https://community-static.tradeup.com/news/2fff337dda34fd1714aa113e5b234fc9","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4102702385674620","authorIdStr":"4102702385674620"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080964586","repostId":1139853947,"repostType":2,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080962165,"gmtCreate":1649833577072,"gmtModify":1676534586397,"author":{"id":"3578740811020073","authorId":"3578740811020073","name":"_J_R_","avatar":"https://static.tigerbbs.com/ea3e25891715133cf383f8a5bbd5435a","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":1,"idStr":"3578740811020073","authorIdStr":"3578740811020073"},"htmlText":"Brilliance and luck ❤️❤️❤️","listText":"Brilliance and luck ❤️❤️❤️","text":"Brilliance and luck ❤️❤️❤️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080962165","repostId":1139853947,"repostType":4,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080966535,"gmtCreate":1649833453094,"gmtModify":1676534586382,"author":{"id":"3569809505691000","authorId":"3569809505691000","name":"breAkdaWn","avatar":"https://community-static.tradeup.com/news/4c3676c14de9bfcd6f45bcf7ba4ddb6c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3569809505691000","authorIdStr":"3569809505691000"},"htmlText":"not every one has the buisness acumen that Elon has.. we are merely.. ordinary..","listText":"not every one has the buisness acumen that Elon has.. we are merely.. ordinary..","text":"not every one has the buisness acumen that Elon has.. we are merely.. ordinary..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080966535","repostId":1139853947,"repostType":2,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080968702,"gmtCreate":1649833297442,"gmtModify":1676534586367,"author":{"id":"3577182936341023","authorId":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":0,"idStr":"3577182936341023","authorIdStr":"3577182936341023"},"htmlText":"Musk no 1 driven n passion&nbsp;","listText":"Musk no 1 driven n passion&nbsp;","text":"Musk no 1 driven n passion","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080968702","repostId":1139853947,"repostType":2,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080963403,"gmtCreate":1649832865243,"gmtModify":1676534586322,"author":{"id":"3574484198588936","authorId":"3574484198588936","name":"Eaglewings","avatar":"https://static.tigerbbs.com/532f4e45cb093f21d9a38905184a4bb9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574484198588936","authorIdStr":"3574484198588936"},"htmlText":"Yes, invest in&nbsp;good businesses and hold on to them&nbsp;","listText":"Yes, invest in&nbsp;good businesses and hold on to them&nbsp;","text":"Yes, invest in good businesses and hold on to them","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080963403","repostId":1139853947,"repostType":4,"repost":{"id":"1139853947","pubTimestamp":1649830226,"share":"https://ttm.financial/m/news/1139853947?lang=&edition=fundamental","pubTime":"2022-04-13 14:10","market":"us","language":"en","title":"A Lesson About Wealth From Elon Musk, the World’s Richest Human","url":"https://stock-news.laohu8.com/highlight/detail?id=1139853947","media":"Barrons","summary":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home th","content":"<html><head></head><body><p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.</p><p>Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.</p><p>“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”</p><p>The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.</p><p>“While obviously better than the S&amp;P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.</p><p>Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.</p><p>The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.</p><p>Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&amp;P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.</p><p>As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.</p><p>And, of course, jokes about the uber rich abound. One of <i>Barron’s</i> favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”</p><p>When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”</p><p>That one always gets us.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Lesson About Wealth From Elon Musk, the World’s Richest Human</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Lesson About Wealth From Elon Musk, the World’s Richest Human\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home ...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-worlds-rich-human-how-build-wealth-51649786225?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139853947","content_text":"Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market researcher has broken down the number to show how the Tesla CEO amassed such a mind-boggling fortune—and drives home the point that the huge number is really no huge surprise.Musk stepped off on his path to enormous wealth 20 years ago when eBay, the e-commerce platform, bought the fintech PayPal, which he co-founded with a host of other notables, including financier Peter Thiel.“In 2002 Elon Musk got $176 million when PayPal sold to eBay,” writes Nicholas Colas, co-founder of DataTrek Research. “He reinvested much of that into Tesla, SpaceX, and other startups. Now, he is worth $274 billion.”The entrepreneur, in 20 years, has quadrupled that chunk of change almost 400 times—a near-unimaginable 1,557 times, which works out to an average annual return of about 42%.“While obviously better than the S&P 500’s compounded return of [about 9%], it is still within the bounds of reason,” added Colas.Earning 42% a year on his investments, the 50-year-old Muskis about four years from being a trillionaire. Right now, no one wears that crown. Berkshire Hathaway CEO Warren Buffett has $127 billion, according to Forbes, and is 91, four decades older than Musk.The point that Colas makes about compounding returns is a good one for everyday folks to remember: The best way to build wealth through stocks is to hang on to them. Perhaps the best—and safest way—is a low-cost, well-diversified mutual fund.Now, finding 40% returns like Musk, though, would be extraordinary. The Nasdaq Composite has averaged about 12% a year for the past two decades. Still, the 3 percentage-point difference between the Nasdaq and the S&P over 20 years amounts to 70% more wealth for investors picking the Nasdaq. Compound returns really do compound over time.As for Musk, his $274 billion—or Buffett’s empire or any of the mega-cash piles that others are sitting on—stirs up envy and speculation about taxes and risk-taking.And, of course, jokes about the uber rich abound. One of Barron’s favorites: “How do you become a millionaire? Start a billionaire and buy and airline.”When reflecting on his experience with airlines, Buffett wrote in 2007 “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”That one always gets us.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":137,"commentSize":16,"repostSize":0,"favoriteSize":4,"likeStatus":false,"favoriteStatus":false}}