thanks. i feel like something you didnt mention as well is that when people lend/give money, if they feel secure that they will get their money back or benefit in kind, they will more likely part with their money. which is why they would rather give it to someone they thought was rich/powerful vs someone whom actually needs it but offers the lender no benefit in return.
This Ted talk gave me more confidence in my recent decision to be a independent contractor! People are constantly told to trade years of time for a few bucks an hour meanwhile others are making thousands an hour running their own business. Taking out the middle man is a good way to avoid being scammed for your time by selling your work directly to those who will pay for it rather than to a company that will provide work for pay. It’s not the overall solution but it’s the best strategy I have for my own survival.
A good example of one of these scams is getting medical care and only finding out how much it will cost when it's already too late. Or having to pay more for medical care if you don't have insurance compared to how much someone's insurance policy ends up paying for the same service.
Just because you are rich doesn't mean you are any smarter, just you hurt less and have more opportunities than people who have less because of the comfort of your wealth to try other things
Great job!! I really enjoyed the talk and it made me think and put some things into perspective about all the examples you mentioned! Wisdom man, God bless you 🙏🏽🙏🏽🙏🏽✅💯
"People with wealth aren't better at making money decisions." The speaker states this as a fact though a look at any evidence would show that learning from bad decisions is a key to wealth. What else do can you spot to hone your skills that may help you avoid being scammed? The speaker even tells you about having a high degree of scamming skills and tactics. If you view this at a meta-level, it is genius -- like Borat and Kayla Lemieux.
Yeah, learning from bad decisions is a key to wealth, but the vast vast majority of entrepreneurs and hedge fund managers are allowed to recover from bad decisions due to the safety net constructed from generational wealth and privilege. It’s the difference between being bailed out by the government in 2008 from your own meddling and losing your house in 2008 through no fault of your own. It’s also why Billionaires get to ride off their ‘rough road to success’ image because even if they had a company fail in the long run it doesn’t mean much, further strengthening exploitation. Remember, people thought that Bernie Madoff was a tried and true businessman
Jesus loves you and wants to free you from any shackles in your life! Call upon His name and He will save you! If you confess with your mouth “Jesus is Lord” and believe that He rose from the dead and abandon your sins, you will be saved! God bless you, have an awesome day ❤❤️
Jesus loves you and wants to free you from any shackles in your life! Call upon His name and He will save you! If you confess with your mouth “Jesus is Lord” and believe that He rose from the dead and abandon your sins, you will be saved! God bless you, have an awesome day ❤😊
Jesus loves you and wants to free you from any shackles in your life! Call upon His name and He will save you! If you confess with your mouth “Jesus is Lord” and believe that He rose from the dead and abandon your sins, you will be saved! God bless you, have an awesome day ❤❤️
Was so grateful to give this talk; glad that it is speaking to folks 🙏🏾🖤🙏🏾
Thank you, i loved your talk
thank you, you have opened my eyes!
Great talk ! Very interesting.
thanks. i feel like something you didnt mention as well is that when people lend/give money, if they feel secure that they will get their money back or benefit in kind, they will more likely part with their money. which is why they would rather give it to someone they thought was rich/powerful vs someone whom actually needs it but offers the lender no benefit in return.
This Ted talk gave me more confidence in my recent decision to be a independent contractor! People are constantly told to trade years of time for a few bucks an hour meanwhile others are making thousands an hour running their own business. Taking out the middle man is a good way to avoid being scammed for your time by selling your work directly to those who will pay for it rather than to a company that will provide work for pay. It’s not the overall solution but it’s the best strategy I have for my own survival.
A good example of one of these scams is getting medical care and only finding out how much it will cost when it's already too late. Or having to pay more for medical care if you don't have insurance compared to how much someone's insurance policy ends up paying for the same service.
This was 3 lessons in one... I love it!
Thank you so much!!
Excellent talk! One of the best in years. Thank you, J Mase III.
Lol at the audience shot at 11:33. This talk is really impactful!
😂
Thank you so much!!!
i came here to see if anyone else noticed that 😂
Awesome. Loved the first lesson. so apt. People with wealth just get to make more bad decisions without it hurting them much.
Just because you are rich doesn't mean you are any smarter, just you hurt less and have more opportunities than people who have less because of the comfort of your wealth to try other things
Sort of like big bonuses given to executives of banks days before they fail.
That is also useful for people with impostor syndrome
Sometimes i think i have imposter syndrome and this was golden
Great video!! Big fan of your book! Way to go j mase iii
please make more TEDx talk
Great job!! I really enjoyed the talk and it made me think and put some things into perspective about all the examples you mentioned! Wisdom man, God bless you 🙏🏽🙏🏽🙏🏽✅💯
Thank you, many blessings to you!!
A fantastic talk!
Wow what a TedTalk. This was great.
This was a good one.
Brilliant
Thank you😍👍
Brilliant. Thank you.
Genius. He reminds me of some of the characters in the Savannah Girl series.
Loved this
As we are moving towards cashless society the banks will have all the power . And it means no more privacy for the people .
Leo!
Scorpio here ❤ with Leo rising 💛
Thank you!!
Better just get rid of money altogether.
Me after hearing this speech: Hey you I just accidentally sent you 300 bucks please send it back to me
Money can give needs
👏🏾👏🏾👏🏾👏🏾👏🏾
John Kenneth Galbraith said money is just a medium of exchange
👏👏👏👏
"People with wealth aren't better at making money decisions." The speaker states this as a fact though a look at any evidence would show that learning from bad decisions is a key to wealth. What else do can you spot to hone your skills that may help you avoid being scammed? The speaker even tells you about having a high degree of scamming skills and tactics. If you view this at a meta-level, it is genius -- like Borat and Kayla Lemieux.
Wrong because many people with wealth file bankruptcy, or use debt
Yeah, learning from bad decisions is a key to wealth, but the vast vast majority of entrepreneurs and hedge fund managers are allowed to recover from bad decisions due to the safety net constructed from generational wealth and privilege.
It’s the difference between being bailed out by the government in 2008 from your own meddling and losing your house in 2008 through no fault of your own. It’s also why Billionaires get to ride off their ‘rough road to success’ image because even if they had a company fail in the long run it doesn’t mean much, further strengthening exploitation. Remember, people thought that Bernie Madoff was a tried and true businessman
@@samcalven12 I use debt to fuel my invesetments... I'm middle class. Using tools avaliable to you is still a smart decision.
He should shout louder 🙉
You're gonna give it back too. 😂
What about TRUMPANZIE?
Libra ganggang ♎️ 😂😂
Gang gang
Focus on the video😂
indians joined the server
Sad
4th
Jesus loves you and wants to free you from any shackles in your life! Call upon His name and He will save you!
If you confess with your mouth “Jesus is Lord” and believe that He rose from the dead and abandon your sins, you will be saved! God bless you, have an awesome day ❤❤️
First 😉🔥
Jesus loves you and wants to free you from any shackles in your life! Call upon His name and He will save you!
If you confess with your mouth “Jesus is Lord” and believe that He rose from the dead and abandon your sins, you will be saved! God bless you, have an awesome day ❤😊
2nd here
Capricorn lol
Hahaha 🤪
Second 😂
Jesus loves you and wants to free you from any shackles in your life! Call upon His name and He will save you!
If you confess with your mouth “Jesus is Lord” and believe that He rose from the dead and abandon your sins, you will be saved! God bless you, have an awesome day ❤❤️
Huuuu
Can you say "agenda?" This person has one. 🙄
Well spoken but dangerous. Socialist or worse.
I wouldn't waste my time on this guy, he looks non-binary to me in my opinion, sec😮
Studying the subcultures are fascinating 🗃️📚 good work on bringing the funds to the pple and areas that need it