How Billionaires Takeover Companies: Carl Icahn

Ray: Businessmen, investors, and aspiring entrepreneurs should all know who Carl Icahn is. He’s made billions of dollars using a basic investment philosophy: find companies that are under performing, buy large stakes of those companies, demand that changes be made, and reap the benefits from a sale or improved operations.
Icahn has or has had major [...]

Profile of a Black Billionaire: Mr. Michael Lee-Chin

Ray: People often ask why am I obsessed with money and being rich. I simply reply that I’m not obsessed with money, but I am obsessed with freedom and the ability to pursue my passions in life (which are many). In my opinion, having wealth is the best way to do so.
People also ask why [...]

Signs of a Recession

Ray: The other day I was talking to a couple of friends about the recession that the United States is facing and how the average American is being affected by it. No other story was more revealing than the one my friend Tre told me that day. It basically went something like this:
“I [...]

Carlos Slim – The Richest Man You Never Knew

Ray: According to several publications, Carlos Slim is either the richest or 2nd richest person in the world. When you’re worth about $60 Billion Dollars, does it really matter at that point? What does matter though, is how a 68 year-old guy who was born and raised in Mexico (thanks Charlie) was able to amass [...]

The 2nd Amendment of the Unites States Constitution – The Debate

The Second Amendment of the United States of America Constitution:
A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed.
There is an ongoing national debate over the purpose and the relevance of the Second amendment. Due to the high [...]