Has a Rich Person Trickled on You Lately?
I mean financially.
“Greed, for lack of a better word, is good.” You might remember that quote from Michael Douglas, portraying Gordon Gekko in the 1987 movie, “Wall Street.” Oh, what a crock that has proven to be. We have evidence of that all around us.
Meet Brett Favre, philanthropist, public speaker, lewd photographer.
During his playing career Brett was a great QB who had a gambler’s mentality. He threw for a ton of TDs, as well as a number of interceptions. And oh yea, he was known to send the occasional lewd picture to a female reporter.
During retirement he has been seen playing pickup football with Jerry Rice. That, and intercepting money meant to benefit the poorest people in Mississippi. Recent disclosures show Favre was afraid that the public would find out but was reassured the Governor was on board. Well, Brett, in football terms your protection broke down.
What does a hot stock market mean for you?
If you don’t have stock, probably not much. If there is a profit for a company, the money often goes to stockholders, not employees. I’ve mentioned before that I worked for AAA Oklahoma for 11 years, and it was generally a good gig. But it did come with caveats.