THINGS I’VE LEARNT FROM READING MICHAEL GROSS ”740 PARK.”

  1. Michael Gross, writer of ”740 Park,” and may I interject for a moment, Venture Capitalism wasn’t the first introduction of the popular concept as projected in the early 2000s. It grew in the 1930s when some tenants of the famous residence traded apartments without going to a banker.
  2. You must never believe or assume, the ultra-wealthy don’t time the market, as reported repeatedly by financial analysts. They do.
  3. Another interjection of mine is the main reason the middle class is not growing in true sustained wealth, is because every seven to fifteen years, someone decides to sell their property. I understand there might be various reasons, but if it can be helped, it should be avoided.
  4. We must remember wealth is never about us; it’s about the next generation’s stability.  
  5. John Jacob Astor stated, ”Wealth is a result of habit.”
  6. Also, The 1913 issuance of taxation and without its inception, in my view, would have increased everyone’s stress-free ability to grow wealth.
  7. Having a job is the ground floor for building wealth. It cannot be the main source, as we’ve seen in spring 2020.

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