He just ahead of us ...He see

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Stekst
2022-04-13

He just ahead of us ...He see what other can't see..

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

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

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

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AaronJe
·2022-04-19
Yeah, I agree with you, you can just believe person like him.
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historyiong
·2022-04-19
That is amazing that he just can forsee something.
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JesseRW
·2022-04-19
What a genious person he is!
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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 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":{"TWTR":"Twitter","PYPL":"PayPal","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,"tweetType":1,"viewCount":245,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":42,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":101288085,"commentId":"101288085","gmtCreate":1650342000949,"gmtModify":1663247206734,"authorId":9000000000000134,"author":{"id":9000000000000134,"idStr":"9000000000000134","authorId":9000000000000134,"name":"AaronJe","avatar":"https://static.tigerbbs.com/9f649536eb646f48146c16b7080d53da","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9080363787,"objectIdStr":"9080363787","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Yeah, I agree with you, you can just believe person like him.","text":"Yeah, I agree with you, you can just believe person like him.","html":"Yeah, I agree with you, you can just believe person like him.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101288122,"commentId":"101288122","gmtCreate":1650342110244,"gmtModify":1663247206038,"authorId":3479274730958210,"author":{"id":3479274730958210,"idStr":"3479274730958210","authorId":3479274730958210,"name":"historyiong","avatar":"https://static.tigerbbs.com/673f24849e790c3aa318f19aa443d828","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9080363787,"objectIdStr":"9080363787","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"That is amazing that he just can forsee something.","text":"That is amazing that he just can forsee something.","html":"That is amazing that he just can forsee something.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101288097,"commentId":"101288097","gmtCreate":1650342026840,"gmtModify":1663247205239,"authorId":9000000000000135,"author":{"id":9000000000000135,"idStr":"9000000000000135","authorId":9000000000000135,"name":"JesseRW","avatar":"https://static.tigerbbs.com/0d1d522df7fd034a47b809b1a57d7176","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9080363787,"objectIdStr":"9080363787","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"What a genious person he is!","text":"What a genious person he is!","html":"What a genious person he is!","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}