From time to time I try to think.
Yes, I try to think about why things happen the way they do happen.
Obviously, I try to focus on exceptional achievements from exceptional people.
I try to go further deep inside the achievement to try to understand why that person can do it and all the others do not.
There are many examples. I would say that mainly in sports you can understand my point almost in a quotidien basis.
Federer or Nadal in tennis. Leo Messi in soccer. Tiger Woods in golf. Kelly Slater in surfing. Or even Jose Mourinho in soccer coaching ... For sure, there will be many more examples and for sure, you can maybe extrapolate my conclusions to any of them.
I have come up with the idea that they all have a METHOD.
Apart from being gifted for every discipline, apart from training hard, apart from the circunstances around them that make them be better ... Apart from the luck, from the destiny ... Apart from everything ... They have a METHOD and they respect and follow it strongly enough to win others.
So, the point here is where does this METHOD come from and who designs this METHOD for them ... Or maybe, it is themselves that go shaping this METHOD.
If Jose Mourinho has trained in four different countries, four different teams and have come up incredibly successful in all of them is because he has a METHOD. It is not magic, Jose is not the new ET, he is not the son of a god ... Maybe the only reason of his success remains at the point that he designed and shaped a METHOD to apply everywhere he trains teams.
Very simple. Strong teams, two men for each position, an average players height of more than 1,83 ... With the same disposal in the field, the same movements in each position and with a 4 men defender line and 2 fast players running the wings. Strong defense and quick attack. That is all.
Then, someone could ask why no one else has achieved what Jose did ??? .... Very simple as well. He does not train teams that win, he only trains wealthy clubs but with a very dissapointed recent career ... He is winning from the very moment he chooses the team to train since every win is going to be a relief for clubs that did not win for a long time. That is the MOTIVATION. And after 2-3 years, Jose will always abandon the team for a new challenge.
Rafa Nadal is a beast. Phisically powerful and strong minded. But apart from all this, he has a METHOD. A METHOD created first by his uncle Toni and empowered and reshaped by their own experiences together. Nadal is left handed, but only to play tennis ... Why ???
Nadal has created a new armory in tennis, the so called lifted forehand connected to the backhand of the rival and he can do it thousands of times in a row, in one single match.
Main tennis analysts conclude Nadal weapons are limited if compared with Federer. But no one has yet invented the response to the powerful lifted forehand stroke that tio Toni created for his nephew.
We can apply the METHOD theory to almost every aspect of our lives. But my intention here is to try to apply it to my real passion, the financial markets.
Obviously Jose will not tell us his, either uncle Toni or Kelly Slater ... So I will not tell you mine ... Just kidding !!! ...
I will try at least to tell you some tips:
1- In all the mentioned cases, PASSION defines success ... The METHOD is there but all of them try continuously to improve it and reshape it because they follow their disciplines with great passion and improvement mentality. So, first tip would be to feel the passion to improve your method.
2- It must be a winning METHOD. I do not need a method for any other thing but winning. And if the METHOD does not allow you to win, go to point 1 and reshape it with passion.
3-The METHOD must be universal. It should not be specific, it must be the most adaptable the possible.
4- The METHOD implies discipline. That means once you design it you must execute it so good as the way you designed it.
5- Try to apply the psychology to the execution of the METHOD to reshape it properly if necessary. The psychology must imply to understand against you are competing and the emotional cycles of your rival. Only by understanding the emotionality of your rival, you will beat him.
Financial markets demand a METHOD. Through further posts for sure you will have the chance to follow my METHOD. At least, you will understand how I understand markets and the way I invest. Just be patient and try to catch my subliminar messages along my "crazy" posts.
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
-Private Wealth Advisors-
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
sábado, 20 de abril de 2013
miércoles, 27 de marzo de 2013
Why I said NO to a wealthy woman ???
I always promised myself I would be consistent with my life plan.
That meant marrying a rich girl and just enjoy life for the rest of my existence.
I was not considering the beauty factor. I only considered the economic issue.
Many of my closest friends warned me about the point that this plan could have some leaks ... One time I would ask myself why I am having sex with someone I do not really like just to enjoy a dream life standard otherwise I would not be able to reach that easy.
Many of these warnings would take me to the point that I had not been able to live good by myself. Some kind of mediocracy and lack of fighting spirit would menace my thoughts.
Maybe I did not listen that carefully to all those that warned me that way, but right now I must say they were completely right.
Three or four years you can resist, but not many more years ... The feeling that you are wasting your time with that person being able to spend it with some kind of pretty and attractive girlfriend, as well as, sexy or just a girl I really can fall in love with ...
Realising this, was for me some kind of shock ... Since my life plan looked so well armed and designed that I became a bit confused ...
Obviously, I try to link every life aspect with my dear economic analysis hobbies ... Maybe this looks insane but this is the way I am...
Economy is key for a country but also romanticism ... Each one must find the attraction of what they want to be in life ... A business model to define each country but respecting romance ... Respecting essence and love ...
No, no ... I am not getting crazy because of my lasting sudden impact commented at the beginning of this post ... I am trying to share with you the idea that maybe if countries decided what they want to be, they could advance along the path of time more easy than what we saw now in this turbulent period.
My friend G visited Shanghai before NYC. Strange for most of us, but understandable for the way G lives life. He wanted to visit what everyone says now it is the promised new world. China seemed a good reason to visit first and then, try to compare it with the giant of all cities, the greatest city on earth.
The point is that G found that Shanghai has lost the essence of what it was and tries to become a new thing. The mix between new world and old world is palpable and this destroys the essence of what Shanghai wants to be .... A great line of highrises do not mean to be attractive, maybe like the money of my ex-girlfriend ....Sorry for this, but I am still shocked with this, you can understand ... NYC has less highrises now than Shanghai, but my friend G found a soul in NYC that he did not find in China.
Chinatown, Little Italy or SOHO have no highrises ... Maybe the buildings around Central Park are old now, but NYC respects what the city wants to be, the place where no one feels is abroad ... The place that welcomes everyone from the very moment of your arrival ...
If NYC had competed against ASIA in who must have the biggest or the most number of tall buildings, HONG KONG would always be the winner ... But NYC decided to find the way it wants to live that maybe it has nothing to do with spending huge amounts of money demolishing and renovating old but very attractive buildings and areas.
The economy hit hard to Wall Street and therefore, to the main pillars of this city. 9/11 shocked the world but destroyed NYC. Today, NYC shows the world that losing the essence is what really destroys you not an economic loom or a terrorist attack.
Moreover, if you have clear what you want to be in life, things look easier when you have to fight back to recover happiness and prosperity.
Money may not mean everything. Otherwise, DUBAI would be the greatest city on earth.
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
-Private Wealth Advisors-
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
That meant marrying a rich girl and just enjoy life for the rest of my existence.
I was not considering the beauty factor. I only considered the economic issue.
Many of my closest friends warned me about the point that this plan could have some leaks ... One time I would ask myself why I am having sex with someone I do not really like just to enjoy a dream life standard otherwise I would not be able to reach that easy.
Many of these warnings would take me to the point that I had not been able to live good by myself. Some kind of mediocracy and lack of fighting spirit would menace my thoughts.
Maybe I did not listen that carefully to all those that warned me that way, but right now I must say they were completely right.
Three or four years you can resist, but not many more years ... The feeling that you are wasting your time with that person being able to spend it with some kind of pretty and attractive girlfriend, as well as, sexy or just a girl I really can fall in love with ...
Realising this, was for me some kind of shock ... Since my life plan looked so well armed and designed that I became a bit confused ...
Obviously, I try to link every life aspect with my dear economic analysis hobbies ... Maybe this looks insane but this is the way I am...
Economy is key for a country but also romanticism ... Each one must find the attraction of what they want to be in life ... A business model to define each country but respecting romance ... Respecting essence and love ...
No, no ... I am not getting crazy because of my lasting sudden impact commented at the beginning of this post ... I am trying to share with you the idea that maybe if countries decided what they want to be, they could advance along the path of time more easy than what we saw now in this turbulent period.
My friend G visited Shanghai before NYC. Strange for most of us, but understandable for the way G lives life. He wanted to visit what everyone says now it is the promised new world. China seemed a good reason to visit first and then, try to compare it with the giant of all cities, the greatest city on earth.
The point is that G found that Shanghai has lost the essence of what it was and tries to become a new thing. The mix between new world and old world is palpable and this destroys the essence of what Shanghai wants to be .... A great line of highrises do not mean to be attractive, maybe like the money of my ex-girlfriend ....Sorry for this, but I am still shocked with this, you can understand ... NYC has less highrises now than Shanghai, but my friend G found a soul in NYC that he did not find in China.
Chinatown, Little Italy or SOHO have no highrises ... Maybe the buildings around Central Park are old now, but NYC respects what the city wants to be, the place where no one feels is abroad ... The place that welcomes everyone from the very moment of your arrival ...
If NYC had competed against ASIA in who must have the biggest or the most number of tall buildings, HONG KONG would always be the winner ... But NYC decided to find the way it wants to live that maybe it has nothing to do with spending huge amounts of money demolishing and renovating old but very attractive buildings and areas.
The economy hit hard to Wall Street and therefore, to the main pillars of this city. 9/11 shocked the world but destroyed NYC. Today, NYC shows the world that losing the essence is what really destroys you not an economic loom or a terrorist attack.
Moreover, if you have clear what you want to be in life, things look easier when you have to fight back to recover happiness and prosperity.
Money may not mean everything. Otherwise, DUBAI would be the greatest city on earth.
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
-Private Wealth Advisors-
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
viernes, 15 de febrero de 2013
The power net
Pope Benedict has resigned.
This has two possible headlines to analyze. One is that at least, the Pope decides to resign if he is not ready for office, a fact not very spread nowadays, within the other social political arenas. Other one is that if a Pope resigns, that makes many people think that the divine essence of the Catholic Church gets very human oriented and therefore, the Church becomes very similar to other social or political institutions.
I find a big difference though. While people vote for a politician, the Church is the only one that votes for the Pope. In fact, only a limited number of top, let´s say, vatican executives become the real decision makers of who must be the next boss.
But this is not my point here. I want to share with all of you the idea of how someone can become Pope or either President of a superpower country without even knowing who that candidate really is, mainly for the wide people spectrum whose power is going to have a big influence.
Obviously, I am not telling you anything new. Many people now think this way as well, but what really impresses me more about all this, is how we can just get away from the so called "power net".
If a president has been elected for four years, we must assume he can do whatever he wants for those four years. Shall we just stay quiet and suffer the consequences of his mandate because he has a majority enough to do everything he wants. How can we escape from this power net ???
Bipartisanship is said to be wrong, but a multiple partisan electorate is also wrong since no one finds a meeting point about key issues. I like that old message from someone who once said " if two do not agree, how can we assume more than two will do..."
So, and if I have the chance to bring a kid into this world, maybe I would like him to be an elite sportsman or maybe a famous singer or actor ... But, and thinking a bit more about the future I want for my kid, what can be better than becoming a politician ??? ... Everyone, key lawyers, key entrepeneurs will talk and meet with you as if you were a superior human being just because you are in office... Imagine a meeting between APPLE or GOOGLE CEOs and President Barack Obama. What can teach whom, ... better said Who can teach whom ... Who can be more interesting to pay attention to ??? ... But, the one that has the power, that gets into places where no one can get in even with a huge amount of money ( if you have doubts about this, please ask Mitt Romney, Ross Perot or even George Clooney ... ) is a top politician.
Yes, I am a billionaire but ... Yes, you are right, but I am the president of the United States ... Yes, but I worked hard and I am extraordinarily brilliant creating wealth to my country and to you ??? ... Well, but I am the president and I just give splendid speeches that shake the masses from time to time.
And I have let´s say, at least, two people that write these speeches for me. If I decide to go with my kids to watch a movie, someone will be behind me with an steel made briefcase with the dispositive to activate the nuclear bomb just in case.
Mitt Romney has a private jet, maybe two. I just fly inside the AIR FORCE ONE.
My merits: just talk good in front of an audience and be polite and loyal to my wife ... GOOGLE CEO merit: Create from zero one of the biggest conglomerates in the planet, reinvent the human being lives, and transform the planet future in a very realistic manner ...
The power net is there, and although many resist from pronouncing these words, the politicians become the most powerful men in the planet. At least, those who has nothing to lose and do not surrender to the lobbies pressure, maybe the only hintstone that can minorate the power of a politician.
So, my end point here is that the common citizen cannot escape from the power net, but even key entrepeneurs or even very powerful people can also crash against a politician with nothing to lose but with a huge power in his hands. The power we gave him by voting in a system that elevates to the throne of the divine to someone that is even more mortal than any common citizen of the planet ... but that decided to become politician instead of soccer player, GOOGLE CEO or even pop singer ...
The GOOGLE CEO will work tough to create the biggest essence of the american dream. The politician will work hard to implement let´s say for instance, the so called fair competition rules that will drive GOOGLE to lose the hegemony it earned brilliantly. 20 YEARS of hard work simply destroyed by a politician decision taken in five minutes. Who has the power ???
At least, politicians can always say they were elected in a democratic way. The Pope will be elected from a very limited number of top Church executives. In both cases, the divine confuses with the human, moreover when we talk about the power net and the ones who manage it.
Lobbies become useless when the politician in office has nothing to lose. And he has four years to do whatever he wants if he has enough majority to do it.
So, who has more power than a politician with nothing to lose ??? ...
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
-Private Wealth Advisors-
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
This has two possible headlines to analyze. One is that at least, the Pope decides to resign if he is not ready for office, a fact not very spread nowadays, within the other social political arenas. Other one is that if a Pope resigns, that makes many people think that the divine essence of the Catholic Church gets very human oriented and therefore, the Church becomes very similar to other social or political institutions.
I find a big difference though. While people vote for a politician, the Church is the only one that votes for the Pope. In fact, only a limited number of top, let´s say, vatican executives become the real decision makers of who must be the next boss.
But this is not my point here. I want to share with all of you the idea of how someone can become Pope or either President of a superpower country without even knowing who that candidate really is, mainly for the wide people spectrum whose power is going to have a big influence.
Obviously, I am not telling you anything new. Many people now think this way as well, but what really impresses me more about all this, is how we can just get away from the so called "power net".
If a president has been elected for four years, we must assume he can do whatever he wants for those four years. Shall we just stay quiet and suffer the consequences of his mandate because he has a majority enough to do everything he wants. How can we escape from this power net ???
Bipartisanship is said to be wrong, but a multiple partisan electorate is also wrong since no one finds a meeting point about key issues. I like that old message from someone who once said " if two do not agree, how can we assume more than two will do..."
So, and if I have the chance to bring a kid into this world, maybe I would like him to be an elite sportsman or maybe a famous singer or actor ... But, and thinking a bit more about the future I want for my kid, what can be better than becoming a politician ??? ... Everyone, key lawyers, key entrepeneurs will talk and meet with you as if you were a superior human being just because you are in office... Imagine a meeting between APPLE or GOOGLE CEOs and President Barack Obama. What can teach whom, ... better said Who can teach whom ... Who can be more interesting to pay attention to ??? ... But, the one that has the power, that gets into places where no one can get in even with a huge amount of money ( if you have doubts about this, please ask Mitt Romney, Ross Perot or even George Clooney ... ) is a top politician.
Yes, I am a billionaire but ... Yes, you are right, but I am the president of the United States ... Yes, but I worked hard and I am extraordinarily brilliant creating wealth to my country and to you ??? ... Well, but I am the president and I just give splendid speeches that shake the masses from time to time.
And I have let´s say, at least, two people that write these speeches for me. If I decide to go with my kids to watch a movie, someone will be behind me with an steel made briefcase with the dispositive to activate the nuclear bomb just in case.
Mitt Romney has a private jet, maybe two. I just fly inside the AIR FORCE ONE.
My merits: just talk good in front of an audience and be polite and loyal to my wife ... GOOGLE CEO merit: Create from zero one of the biggest conglomerates in the planet, reinvent the human being lives, and transform the planet future in a very realistic manner ...
The power net is there, and although many resist from pronouncing these words, the politicians become the most powerful men in the planet. At least, those who has nothing to lose and do not surrender to the lobbies pressure, maybe the only hintstone that can minorate the power of a politician.
So, my end point here is that the common citizen cannot escape from the power net, but even key entrepeneurs or even very powerful people can also crash against a politician with nothing to lose but with a huge power in his hands. The power we gave him by voting in a system that elevates to the throne of the divine to someone that is even more mortal than any common citizen of the planet ... but that decided to become politician instead of soccer player, GOOGLE CEO or even pop singer ...
The GOOGLE CEO will work tough to create the biggest essence of the american dream. The politician will work hard to implement let´s say for instance, the so called fair competition rules that will drive GOOGLE to lose the hegemony it earned brilliantly. 20 YEARS of hard work simply destroyed by a politician decision taken in five minutes. Who has the power ???
At least, politicians can always say they were elected in a democratic way. The Pope will be elected from a very limited number of top Church executives. In both cases, the divine confuses with the human, moreover when we talk about the power net and the ones who manage it.
Lobbies become useless when the politician in office has nothing to lose. And he has four years to do whatever he wants if he has enough majority to do it.
So, who has more power than a politician with nothing to lose ??? ...
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
-Private Wealth Advisors-
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
lunes, 31 de diciembre de 2012
Idiots
It is easy. You blame the others and that is all.
I want to raise taxes to the wealthy, you are the villain because you want to cut social benefits instead.
Let´s assume we are not idiots. According to Joel Stein, that is too much to assume since studies reveal voters are completely idiot. That might be the reason why politicians continue existing.
So, and if we try not to be too idiot, the FISCAL CLIFF around us and in the middle of the christmas week should be elevated to the category of terrorist attack against the american people.
First of all:
What are all those politicians discussing in the Senate during Christmas ???
What is wealthy ?? ... An income above 250.000 dollars a year, 400.000 dollars or maybe 1.000.000 dollars a year ??? ... Because this is the US, not Ghana or Zambia. I mean, middle class in the US could be well represented in incomes above 250.000 dollars. So, the great defender of the middle class, Mr Obama, could be well attempting against part of that middle class.
So, let´s assume 400.000 dollars is the limit. Ok then, if you let out of the raising taxes the range between 250.000 and 400.000 dollars, you need to cut more benefits than anticipated. And I think that is the point. At least, what they tell us.
Republicans are bad !!! ... They are villains !!! ... That is what Mr Obama wanted to tell us yesterday in a TV set instead of being there right in the issue trying to solve the abyss. No, he wants to fight against republicans appearing on a TV show.
The reason:
He always said that his way of making politics consists on throwing the mass media to those Reps not assuming Obama policies ... But Obama is playing the winning hand, since and it is sad to admit it, the US now has more poverty than entrepeneurs. More homeless than millionaires. But the thing here is, are we assuming definitively that the US has to be a socialdemocratic country forever ??? ... Or this will only last one or two years more ???? ...
Idiots will continue voting, no matter whom. Meanwhile, the AMERICAN DREAM goes disappearing, China continues emerging and the US hegemony dying ...
In a so divided country, ... Do you think we need a president in more TV shows to change this situation ??
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
-Private Wealth Advisors-
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
I want to raise taxes to the wealthy, you are the villain because you want to cut social benefits instead.
Let´s assume we are not idiots. According to Joel Stein, that is too much to assume since studies reveal voters are completely idiot. That might be the reason why politicians continue existing.
So, and if we try not to be too idiot, the FISCAL CLIFF around us and in the middle of the christmas week should be elevated to the category of terrorist attack against the american people.
First of all:
What are all those politicians discussing in the Senate during Christmas ???
What is wealthy ?? ... An income above 250.000 dollars a year, 400.000 dollars or maybe 1.000.000 dollars a year ??? ... Because this is the US, not Ghana or Zambia. I mean, middle class in the US could be well represented in incomes above 250.000 dollars. So, the great defender of the middle class, Mr Obama, could be well attempting against part of that middle class.
So, let´s assume 400.000 dollars is the limit. Ok then, if you let out of the raising taxes the range between 250.000 and 400.000 dollars, you need to cut more benefits than anticipated. And I think that is the point. At least, what they tell us.
Republicans are bad !!! ... They are villains !!! ... That is what Mr Obama wanted to tell us yesterday in a TV set instead of being there right in the issue trying to solve the abyss. No, he wants to fight against republicans appearing on a TV show.
The reason:
He always said that his way of making politics consists on throwing the mass media to those Reps not assuming Obama policies ... But Obama is playing the winning hand, since and it is sad to admit it, the US now has more poverty than entrepeneurs. More homeless than millionaires. But the thing here is, are we assuming definitively that the US has to be a socialdemocratic country forever ??? ... Or this will only last one or two years more ???? ...
Idiots will continue voting, no matter whom. Meanwhile, the AMERICAN DREAM goes disappearing, China continues emerging and the US hegemony dying ...
In a so divided country, ... Do you think we need a president in more TV shows to change this situation ??
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
-Private Wealth Advisors-
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
martes, 25 de diciembre de 2012
Happy 2013 !!!
Nice family meetings. The magic of being a kid waiting for your presents ... The ability of the parents to continue the tradition ... Only one week, but really worth it ... This is Christmas time !!!
Merry Christmas to all of you, to your families, friends, relatives ... And happy 2013 for all of you as well !!!
Every new year from 2008 we wait to be the one. Will 2013 be the one ?? ... I really hope so, but let´s wait to 2014 to assure it completely. Sorry for that, but years go by so fast that maybe 2013 will only become the doorway to a new prosperity cycle beginning 2014.
Meanwhile, China continues driving its own manufactured sports car, unstoppable till 2016 world hegemony. With this, an expansion cycle of more than 15 years will for sure bright as exceptional in all history books and records. Napoleon said once: Do not wake up this giant, otherwise we will only have to tumble ...
God bless the NEWTOWN victims, families and friends ... Columbine, Virginia Tech, Colorado theatre, etc, etc ... represent only the great frustation among americans, the water leaks of the so famous AMERICAN DREAM ... Weapons are only the perfect deadly tools to outcome all this frustration... Do not lose the focus, one guard in every school does not solve the real problem...
Globalisation brought advantages, but destroyed jobs in America. Hundred engineers in Palo Alto result not enough to create 4 million jobs. Nor the most creative I+D in the planet...
We all look to America as if something tells us "AMERICA can do it" and maybe after that we can do it as well ... That is the main reason why AMERICA did not disappear already. One day, when we stop looking to AMERICA waiting for the next magic trick of this great country to reinvent itself, AMERICA will be dead ... I cannot forecast now if this will happen ever but from time to time, I have nightmares ...
America voted in year 2012. Obama kept the dream alive for those minorities more needed ... But his face after the election meant a dramatic " Thank you, but this is a very tough mission not only achievable with illusions and dreams ... " and then he cried ...
Fiscal cliff, politicians, GDP, unemployment, ... Let´s forget about that at least for one week, and hope AMERICA will show us the road to follow once again ...
That is at least what you expect from a leader.
Merry Christmas !!!
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
-Private Wealth Advisors-
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
Merry Christmas to all of you, to your families, friends, relatives ... And happy 2013 for all of you as well !!!
Every new year from 2008 we wait to be the one. Will 2013 be the one ?? ... I really hope so, but let´s wait to 2014 to assure it completely. Sorry for that, but years go by so fast that maybe 2013 will only become the doorway to a new prosperity cycle beginning 2014.
Meanwhile, China continues driving its own manufactured sports car, unstoppable till 2016 world hegemony. With this, an expansion cycle of more than 15 years will for sure bright as exceptional in all history books and records. Napoleon said once: Do not wake up this giant, otherwise we will only have to tumble ...
God bless the NEWTOWN victims, families and friends ... Columbine, Virginia Tech, Colorado theatre, etc, etc ... represent only the great frustation among americans, the water leaks of the so famous AMERICAN DREAM ... Weapons are only the perfect deadly tools to outcome all this frustration... Do not lose the focus, one guard in every school does not solve the real problem...
Globalisation brought advantages, but destroyed jobs in America. Hundred engineers in Palo Alto result not enough to create 4 million jobs. Nor the most creative I+D in the planet...
We all look to America as if something tells us "AMERICA can do it" and maybe after that we can do it as well ... That is the main reason why AMERICA did not disappear already. One day, when we stop looking to AMERICA waiting for the next magic trick of this great country to reinvent itself, AMERICA will be dead ... I cannot forecast now if this will happen ever but from time to time, I have nightmares ...
America voted in year 2012. Obama kept the dream alive for those minorities more needed ... But his face after the election meant a dramatic " Thank you, but this is a very tough mission not only achievable with illusions and dreams ... " and then he cried ...
Fiscal cliff, politicians, GDP, unemployment, ... Let´s forget about that at least for one week, and hope AMERICA will show us the road to follow once again ...
That is at least what you expect from a leader.
Merry Christmas !!!
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
-Private Wealth Advisors-
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
viernes, 9 de noviembre de 2012
Obama, the "Chavez" of America
2012 US elections finished. Pending only on Florida final results, Obama won again and he did it with a wider margin than polls forecasted.
Did the polls work wrong ?? ... Maybe. But I strongly believe that people asked about their vote did not answer truely. This only happens when you are going to vote for someone who did nothing he promised, but that voting the other candidate seems even worse.
Analysts say that the Obama ground force worked fiercely and saved his reelection.
Tech freaks speak about a powerful database managed by Obama tech addicts that went through a great datamining process allowing them to identify the real voters.
I say that Obama won simply because of the minorities voting for someone to avoid voting for an unknown multimillionaire whose ideas seemed manufactured to make everyone happy, and that is always suspicious. Moreover when these ideas come from an ultraconservative republican.
Youth, Hispanics, women ... these were the Obama voters. White, above 50, ... were the Romney fans.
This means a lot for someone like me, that only tries to observe and analyze what is happening in America.
Polls showed a tight race in Venezuela, but CHAVEZ destroyed CAPRILES.
Evo Morales keeps the power in Bolivia.
Correa keeps the power in Ecuador.
Kirschner keeps the power in Argentina.
Barack Hussein Obama is black, has a muslim name and is so close to the left than any other Democratic candidate in the history of the US.
He has a profile for minorities. Of course, he has ... But, and at the same time, he wants an universal health care system paid mainly by the wealthy, he wants a better public education in a country where people fought tough to get the best private education in the planet.
He helped people with problems to pay the mortgage. He extended the unemployment wage for those long term unemployed. And obviously, he announces an extra tax effort for the wealthiest to fund and avoid the fiscal cliff.
The FISCAL CLIFF will provoke austerity measures and raising taxes. Obama will raise taxes to the wealthiest classes and cut benefits to big entrepeneurs and corporations.
This is what he announces. Other thing will be if he finally does all this. Not only because Senate has a Dem majority but the Congress has a Rep one, but also because of the polarized electorate and the division America is suffering right now.
As CHAVEZ, Obama would win almost every election ahead if he could stay 20 years in power. The reason, ONE MAN - ONE VOTE ... And obviously, you can find one wealthy entrepeneur out of 250 common and low profile citizens.
The profile of CHAVEZ voters are not that far from Obama ones. Saving distances in this comparison, Obama radicalized the electorate winning with the help of minorities.
Romney is a multimillionaire. Maybe an speculator. He made money managing Bain Capital. Some will say Bain Capital helps business grow, others will say Bain Capital belongs to the breed of those in Wall Street that caused the mess we are all in now.
But he is american, white, above 50 ... Rich, mormon, conservative .... Dear Mitt, you had nothing to do !!!
You tried it, looking as a moderate american dreamer, but people did not believe you just because your background is so republican that minorities just get scared with the only sound of your voice.
Now, GOP members talk about a reform of "the book of ideas" in the party.
My advise is very clear:
America lost the american dream, understood as someone who got up in the morning knowing that only with his effort and intelligence could get a better house, better education for his kids, and a better life ... Now, minorities demand a social government, helping them in moments like this ...
Will America recover the American Dream ?? ...
Or maybe they are thinking on a new Dream with a more leftist approach. Will America be capable of maintaining its competitiveness, the competitiveness that made them the best country in the planet with a strong socialised government taking care of them more than ever before ???
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
Did the polls work wrong ?? ... Maybe. But I strongly believe that people asked about their vote did not answer truely. This only happens when you are going to vote for someone who did nothing he promised, but that voting the other candidate seems even worse.
Analysts say that the Obama ground force worked fiercely and saved his reelection.
Tech freaks speak about a powerful database managed by Obama tech addicts that went through a great datamining process allowing them to identify the real voters.
I say that Obama won simply because of the minorities voting for someone to avoid voting for an unknown multimillionaire whose ideas seemed manufactured to make everyone happy, and that is always suspicious. Moreover when these ideas come from an ultraconservative republican.
Youth, Hispanics, women ... these were the Obama voters. White, above 50, ... were the Romney fans.
This means a lot for someone like me, that only tries to observe and analyze what is happening in America.
Polls showed a tight race in Venezuela, but CHAVEZ destroyed CAPRILES.
Evo Morales keeps the power in Bolivia.
Correa keeps the power in Ecuador.
Kirschner keeps the power in Argentina.
Barack Hussein Obama is black, has a muslim name and is so close to the left than any other Democratic candidate in the history of the US.
He has a profile for minorities. Of course, he has ... But, and at the same time, he wants an universal health care system paid mainly by the wealthy, he wants a better public education in a country where people fought tough to get the best private education in the planet.
He helped people with problems to pay the mortgage. He extended the unemployment wage for those long term unemployed. And obviously, he announces an extra tax effort for the wealthiest to fund and avoid the fiscal cliff.
The FISCAL CLIFF will provoke austerity measures and raising taxes. Obama will raise taxes to the wealthiest classes and cut benefits to big entrepeneurs and corporations.
This is what he announces. Other thing will be if he finally does all this. Not only because Senate has a Dem majority but the Congress has a Rep one, but also because of the polarized electorate and the division America is suffering right now.
As CHAVEZ, Obama would win almost every election ahead if he could stay 20 years in power. The reason, ONE MAN - ONE VOTE ... And obviously, you can find one wealthy entrepeneur out of 250 common and low profile citizens.
The profile of CHAVEZ voters are not that far from Obama ones. Saving distances in this comparison, Obama radicalized the electorate winning with the help of minorities.
Romney is a multimillionaire. Maybe an speculator. He made money managing Bain Capital. Some will say Bain Capital helps business grow, others will say Bain Capital belongs to the breed of those in Wall Street that caused the mess we are all in now.
But he is american, white, above 50 ... Rich, mormon, conservative .... Dear Mitt, you had nothing to do !!!
You tried it, looking as a moderate american dreamer, but people did not believe you just because your background is so republican that minorities just get scared with the only sound of your voice.
Now, GOP members talk about a reform of "the book of ideas" in the party.
My advise is very clear:
America lost the american dream, understood as someone who got up in the morning knowing that only with his effort and intelligence could get a better house, better education for his kids, and a better life ... Now, minorities demand a social government, helping them in moments like this ...
Will America recover the American Dream ?? ...
Or maybe they are thinking on a new Dream with a more leftist approach. Will America be capable of maintaining its competitiveness, the competitiveness that made them the best country in the planet with a strong socialised government taking care of them more than ever before ???
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
viernes, 12 de octubre de 2012
Competitiveness or Slavery
There is no place in this planet where a human being can live with 250 dollars a month.
Obviously, there is no place in this planet where an entire family can live with that same amount.
But these salaries exist. Of course they do. And these family situations are real as well.
No doubt that this affirmation is tricky, since you cannot live in New York city for 1.000 dollars a month.
It is also tricky since we are missing the so called PRICE INDEX to adjust the purchasing power to the pricing index of goods.
But this is not my point here at this time.
My point is that even including PPP or PRICE INDEXES in the analysis, there is no doubt that salaries ranging from 150-250 dollars a month are the most vibrant essence of the current slavery way.
Of course, I move my production from Northern California to China. Or even closer, to Mexico.
El Paso is at a 100 steps walking distance from Ciudad Juarez. Salaries range between these two cities are also at 100 points walking distance...
Should we blame big entrepeneurs for shifting jobs abroad ??? ... Of course not, they have the chance and they do it. They want to maximise profits. That is their mission. The nature of economics. Otherwise, we would lose the rationality where economics is based.
Politicians talk about creating jobs. Ok, they create thousands of jobs. But they create thousands of slaves with that. Because the point here is not to create 200 dollars a month jobs, but to create ways of living for your people. Mexico unemployment is well below some countries in the highly developed world. But is this a nice economic measure for the country ???? ....
Asia unemployment is well below world average, but is this enough when we all know people live in Indonesia with less than 150 dollars a month.
Dominican Republic is one of the countries with the higher economical potential in the whole Latin America. Tourism, agriculture, cattle ... Turks and Caicos is probably the less known island within the Caribbean region. No natural resources, no agriculture, no cattle ...
Salaries in DR stay at 250-300 dollars a month. Salaries in T&C range between 1500-1700 dollars a month.
T&C decided to develop as a tax heaven for multimillionaires coming from the US and Canada. Building isolated properties deployed along the amazing virgin beaches of the main island, Providenciales, T&C decided to become a luxury and expensive tourism destination making their peoples live honorably.
Why Dominican Republic pioneered the all inclusive tourism instead of the luxury high class one ??? ...
Why Dominican Republic did not become a tax heaven for millionaires coming from well developed areas in the planet to spend and invest in the country allowing decent salaries for locals ??? ...
..., ...
Strategic decisions taken by politicians that "create jobs" and keep people convinced of their indecent luck. But with the certainty that they are not employing the people, they are creating and expanding slavery.
Southern Europe countries are suffering this same effect.
Huge levels of public spending is now causing austerity measures that struggle people and force them to work more for less.
Minimum salaries in these european countries are at a 600-700 euros a month range.
Young professionals, speaking foreign languages and investing in pos graduate degrees are making 1000 dollars a month as entry salary with no aim to even keep the job in the future.
Why ?????????????
Because of the shift abroad of jobs to areas where people make even less. But, is this the future of our world ??? ... That means, I do not pay more than 1200 euros a month to this electrical engineer, because someone with the same degree can make it for 450 euros a month, maybe in India, Pakistan or even Indonesia.
Once again, the entrepeneur aims to maximise profits. That is not the problem. He is performing rationally.
The problem stays in the labor regulation of countries to avoid this international slavery system.
It has nothing to do with raising taxes. It has nothing to do with expanding education to the lowest levels. I can be the most prepared engineer in India or Indonesia, I am going to have a misery salary anyhow. Maybe I might live a bit over the poverty doorway, but salary would be so ridiculous compared with other areas of the planet ... Of course, I can move to other countries if I received a nice education, but then we are missing the point again and again of the locals remaining in the country.
In front of this, wise politicians begin talking about "being entrepeneurs". " We must create an educational system to improve entrepeneurial skills among youth to grow and develop our people " ....
Uauuuuu, that is great !!! ... Politicians avoid with this measure to think about how to create quality jobs and at the same time, they cash in the future taxation of all the companies created in their homeland by this youth that begin creating companies, hiring people and paying taxes ...
That is the solution !!! ... But, for whom ??? ... Because, and once these companies begin to grow they will shift jobs abroad as well, evade taxes and the country where they were born will continue suffering the hunger and the misery ....
Come on guys !!! ... You politicians are some kind of wise guys !!! ... But please do not be so wisey !!!! ....
Solution remains in a mix of entrepeneurs and quality employees, fair taxation for companies demanding and not slaving well prepared youth, lack of corruption and public deficit control.
Obviously this is difficult to achieve with the "level" of preparation of the current worldwide political class.
Competitiveness must not mean slavery, it must mean added value and quality jobs paid in accordance.
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
-Private Wealth Advisors-
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
Obviously, there is no place in this planet where an entire family can live with that same amount.
But these salaries exist. Of course they do. And these family situations are real as well.
No doubt that this affirmation is tricky, since you cannot live in New York city for 1.000 dollars a month.
It is also tricky since we are missing the so called PRICE INDEX to adjust the purchasing power to the pricing index of goods.
But this is not my point here at this time.
My point is that even including PPP or PRICE INDEXES in the analysis, there is no doubt that salaries ranging from 150-250 dollars a month are the most vibrant essence of the current slavery way.
Of course, I move my production from Northern California to China. Or even closer, to Mexico.
El Paso is at a 100 steps walking distance from Ciudad Juarez. Salaries range between these two cities are also at 100 points walking distance...
Should we blame big entrepeneurs for shifting jobs abroad ??? ... Of course not, they have the chance and they do it. They want to maximise profits. That is their mission. The nature of economics. Otherwise, we would lose the rationality where economics is based.
Politicians talk about creating jobs. Ok, they create thousands of jobs. But they create thousands of slaves with that. Because the point here is not to create 200 dollars a month jobs, but to create ways of living for your people. Mexico unemployment is well below some countries in the highly developed world. But is this a nice economic measure for the country ???? ....
Asia unemployment is well below world average, but is this enough when we all know people live in Indonesia with less than 150 dollars a month.
Dominican Republic is one of the countries with the higher economical potential in the whole Latin America. Tourism, agriculture, cattle ... Turks and Caicos is probably the less known island within the Caribbean region. No natural resources, no agriculture, no cattle ...
Salaries in DR stay at 250-300 dollars a month. Salaries in T&C range between 1500-1700 dollars a month.
T&C decided to develop as a tax heaven for multimillionaires coming from the US and Canada. Building isolated properties deployed along the amazing virgin beaches of the main island, Providenciales, T&C decided to become a luxury and expensive tourism destination making their peoples live honorably.
Why Dominican Republic pioneered the all inclusive tourism instead of the luxury high class one ??? ...
Why Dominican Republic did not become a tax heaven for millionaires coming from well developed areas in the planet to spend and invest in the country allowing decent salaries for locals ??? ...
..., ...
Strategic decisions taken by politicians that "create jobs" and keep people convinced of their indecent luck. But with the certainty that they are not employing the people, they are creating and expanding slavery.
Southern Europe countries are suffering this same effect.
Huge levels of public spending is now causing austerity measures that struggle people and force them to work more for less.
Minimum salaries in these european countries are at a 600-700 euros a month range.
Young professionals, speaking foreign languages and investing in pos graduate degrees are making 1000 dollars a month as entry salary with no aim to even keep the job in the future.
Why ?????????????
Because of the shift abroad of jobs to areas where people make even less. But, is this the future of our world ??? ... That means, I do not pay more than 1200 euros a month to this electrical engineer, because someone with the same degree can make it for 450 euros a month, maybe in India, Pakistan or even Indonesia.
Once again, the entrepeneur aims to maximise profits. That is not the problem. He is performing rationally.
The problem stays in the labor regulation of countries to avoid this international slavery system.
It has nothing to do with raising taxes. It has nothing to do with expanding education to the lowest levels. I can be the most prepared engineer in India or Indonesia, I am going to have a misery salary anyhow. Maybe I might live a bit over the poverty doorway, but salary would be so ridiculous compared with other areas of the planet ... Of course, I can move to other countries if I received a nice education, but then we are missing the point again and again of the locals remaining in the country.
In front of this, wise politicians begin talking about "being entrepeneurs". " We must create an educational system to improve entrepeneurial skills among youth to grow and develop our people " ....
Uauuuuu, that is great !!! ... Politicians avoid with this measure to think about how to create quality jobs and at the same time, they cash in the future taxation of all the companies created in their homeland by this youth that begin creating companies, hiring people and paying taxes ...
That is the solution !!! ... But, for whom ??? ... Because, and once these companies begin to grow they will shift jobs abroad as well, evade taxes and the country where they were born will continue suffering the hunger and the misery ....
Come on guys !!! ... You politicians are some kind of wise guys !!! ... But please do not be so wisey !!!! ....
Solution remains in a mix of entrepeneurs and quality employees, fair taxation for companies demanding and not slaving well prepared youth, lack of corruption and public deficit control.
Obviously this is difficult to achieve with the "level" of preparation of the current worldwide political class.
Competitiveness must not mean slavery, it must mean added value and quality jobs paid in accordance.
Jose Luis Revilla Escudero
Chairman & CEO
WWShares, Inc.
-Private Wealth Advisors-
www.JoseLuisRevillaEscudero.blogspot.com
www.worldwideshares.blogspot.com
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