Broker Than A Quotes

But I have never had the privilege of unhappiness in Happy Valley. California is about the good life. So a bad life there seems so much worse than a bad life anywhere else. Quality is an obsession there—good food, good wine, good movies, music, weather, cars. Those sound like the right things to shoot for, but the never-ending quality quest is a lot of pressure when you’re uncertain and disorganized and, not least, broker than broke. Some afternoons a person just wants to rent Die Hard, close the curtains, and have Cheerios for lunch.

People who will not turn a shovel full of dirt on the project nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest ...But here is the point: If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People. If the currency issued by the People were no good, then the bonds would be no good, either. It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold.

Yes, there was racism, but there was also classism. You’re a high-powered corporate attorney. You’ve spent most of your life reviewing contracts, brokering deals, talking on the phone. That’s what you’re good at, that’s what made you rich and what allowed you to hire a plumber to fix your toilet, which allowed you to keep talking on the phone. The more work you do, the more money you make, the more peons you hire to free you up to make more money. That’s the way the world works. But one day it doesn’t. No one needs a contract reviewed or a deal brokered. What it does need is toilets fixed. And suddenly that peon is your teacher, maybe even your boss. For some, this was scarier than the living dead.

The marriage broker had assured her the groom’s family was more concerned about the colour of Malli’s skin than the size of her dowry.

and, assure thyself, there is no love-broker in the world can more prevail in man’s commendation with woman than report of valour.

You are no greater than the thoughts you carry, the knowledge you acquire, the desires you harbor, and the experiences you cherish. You are no better than the friends you keep, the books you read, the heroes you admire, and the obstacles you overcome. You are no higher than the wisdom you retain, the understanding you gain, the faith you practice, and the love you give. You are no larger than the powerless you help, the poor you enrich, the weak you embolden, and the fearful you inspire. You are no bigger than the opponents you face, the alliances you broker, the battles you fight, and the enemies you defeat.

Creativity is just connecting things,” Apple cofounder Steve Jobs said in 1996. “When you ask creative people how they did something, they feel a little guilty because they didn’t really do it, they just saw something. It seemed obvious to them after a while. That’s because they were able to connect experiences they’ve had and synthesize new things. And the reason they were able to do that was that they’ve had more experiences or they have thought more about their experiences than other people.” People become creative brokers, in other words, when they learn to pay attention to how things make them react and feel. “Most people are too narrow in how they think about creativity,” Ed Catmull, the president of Disney Animation, told me. “So we spend a huge amount of time pushing people to go deeper, to look further inside themselves, to find something that’s real and can be magical when it’s put into the mouth of a character on a screen. We all carry the creative process inside us; we just need to be pushed to use it sometimes.

You’ve been a hard worker—white, black, Asian, and Latino women ship out of the San Francisco port because of you. You have been a shipfitter, a nurse, a real estate broker, and a barber. Many men and—if my memory serves me right—a few women risked their lives to love you. You were a terrible mother of small children, but there has never been anyone greater than you as a mother of a young adult.

When you ask creative people how they did something, they feel a little guilty because they didn’t really do it, they just saw something. It seemed obvious to them after a while. That’s because they were able to connect experiences they’ve had and synthesize new things. And the reason they were able to do that was that they’ve had more experiences or they have thought more about their experiences than other people.” People become creative brokers, in other words, when they learn to pay attention to how things make them react and feel.

I simply try to act as an honest broker for greater persons and writers than I am ... I present no theory, nor do I have one ... I have constructed no Schema ... in terms of the struggle between Eros and agape and the futility of the former in the face of the latter. I have no aspirations, hoping only to show you what some great writers thought these things are.

What kind of soldier are you that you’re going to just sit in a cell while the world is thrown into chaos? Do you not understand what could happen if those weapons fall into the wrong hands? How could you be so selfish? (Syd) I’m selfish? Look, Agent Westbrook, your daddy’s a Boston stockbroker. I’m a death broker. I’m sure you don’t lecture Daddy on finance, so don’t even try to lecture me on assassination politics. I know all about them. Some bureaucratic ass-wipe sitting in a pristine office that’s totally isolated from the rest of the world decides the son of King Oomp-Loomp is a threat. He then hands down orders to people like me to go off King Oomp-Loompa’s son. Like an idiot, I do what he says without question. I hunt my target down, using information that is mostly bullshit and unreliable, gathered by someone like you who assured me it was correct as the time. But hey, if it changes minute by minute, and God forbid we pass that along to you. So me and my spotter lie in the grass, sand, or snow for days on end, cramped and hungry, never able to move more than a millimeter an hour until I have that one perfect shot I’ve been waiting for days. I take it, and then we lie there like pieces of dirt until we can inch our way back to safety, where hopefully the helicopter team will remember that they were supposed to retrieve us. Have you any idea of the nerves it takes to do what I do? To lie there on the ground while other armed men search for you? Have them step on you and not be able to even breathe or wince because if you do, it’s not only your life, but the life of your spotter? Do you know what it’s like to have the brains of your best friend spayed into your face and not be able to render aid to him because you know he’s dead and if you do, you’ll be killed too? I have been into the bowels of hell and back, Miz Westbrook. I have stared down the devil and made him sweat. So don’t tell me I don’t take this seriously. (Steele)

the Democratic Party had failed (in 1983) 'to remember waht got us this far and how we got here -- moral indignation, decent instincts, a sense of shared sacrifice and mutual responsibility, and a set of national priorities that emphasized what we had in common.. The Party that was the engine of the national interest -- molding our pluralistic interest into a compelling new social contract that served the nation well for fifty years -- became perceived as little more than the broker of narrow special interests. Instead of thinking of ourselves as Americans first, Democrats second, and members of interest groups third, we have begun to think in terms of special interests first and the greater interest second.. We have let our opponents set the agenda and define what is at stake. p. 140

Culture is not genetic. Rather, culture is learned behavior that is passed down from generation to generation and changes over time. Yet, we so often associate culture and diversity with one’s appearance rather than with this learned behavior that changes with time, place, and context.

Here in Bosnia I had already seen several cases of rheumatic fever and a case we thought was miliary tuberculosis, diseases now rare in America. It was sobering to think that the mundane process of vaccinating these children might ultimately save more lives than any UN-brokered peace treaty.

There's one big difference between the poor and the rich,' Kite says, taking a drag from his cigarette. We are in a pub, at lunch-time. John Kite is always, unless stated otherwise, smoking a fag, in a pub, at lunch-time. 'The rich aren't evil, as so many of my brothers would tell you. I've known rich people -- I have played on their yachts -- and they are not unkind, or malign, and they do not hate the poor, as many would tell you. And they are not stupid -- or at least, not any more than the poor are. Much as I find amusing the idea of a ruling class of honking toffs, unable to put their socks on without Nanny helping them, it is not true. They build banks, and broker deals, and formulate policy, all with perfect competency. 'No -- the big difference between the rich and the poor is that the rich are blithe. They believe nothing can ever really be so bad, They are born with the lovely, velvety coating of blitheness -- like lanugo, on a baby -- and it is never rubbed off by a bill that can't be paid; a child that can't be educated; a home that must be left for a hostel, when the rent becomes too much. 'Their lives are the same for generations. There is no social upheaval that will really affect them. If you're comfortably middle-class, what's the worst a government policy could do? Ever? Tax you at 90 per cent and leave your bins, unemptied, on the pavement. But you and everyone you know will continue to drink wine -- but maybe cheaper -- go on holiday -- but somewhere nearer -- and pay off your mortgage -- although maybe later. 'Consider, now, then, the poor. What's the worst a government policy can do to them? It can cancel their operation, with no recourse to private care. It can run down their school -- with no escape route to a prep. It can have you out of your house and into a B&B by the end of the year. When the middle-classes get passionate about politics, they're arguing about their treats -- their tax breaks and their investments. When the poor get passionate about politics, they're fighting for their lives. 'Politics will always mean more to the poor. Always. That's why we strike and march, and despair when our young say they won't vote. That's why the poor are seen as more vital, and animalistic. No classical music for us -- no walking around National Trust properties, or buying reclaimed flooring. We don't have nostalgia. We don't do yesterday. We can't bear it. We don't want to be reminded of our past, because it was awful; dying in mines, and slums, without literacy, or the vote. Without dignity. It was all so desperate, then. That's why the present and the future is for the poor -- that's the place in time for us: surviving now, hoping for better, later. We live now -- for our instant, hot, fast treats, to prep us up: sugar, a cigarette, a new fast song on the radio. 'You must never, never forget, when you talk to someone poor, that it takes ten times the effort to get anywhere from a bad postcode, It's a miracle when someone from a bad postcode gets anywhere, son. A miracle they do anything at all.

West Country novelist Thomas Hardy almost did not survive his birth in 1840 because everyone thought he was stillborn. He did not appear to be breathing and was put to one side for dead. The nurse attending the birth only by chance noticed a slight movement that showed the baby was in fact alive. He lived to be 87 and gave the world 18 novels, including some of the most widely read in English literature. When he did die, there was controversy over where he should be laid to rest. Public opinion felt him too famous to lie anywhere other than in Poets’ Corner in Westminster Abbey, the national shrine. He, however, had left clear instructions to be buried in Stinsford, near his birthplace and next to his parents, grandparents, first wife and sister. A compromise was brokered. His ashes were interred in the Abbey. His heart would be buried in his beloved home county. The plan agreed, his heart was taken to his sister’s house ready for burial. Shortly before, as it lay ready on the kitchen table, the family cat grabbed it and disappeared with it into the woods. Although, simultaneously with the national funeral in Westminster Abbey, a burial ceremony took place on 16 January 1928, at Stinsford, there is uncertainty to this day as to what was in the casket: some say it was buried empty; others that it contained the captured cat which had consumed the heart.

To be Max was not just to broker big deals but to be utterly engaged with contemporary literature, as entangled with the ins and outs of narrative style as I’d been as a grad student, albeit in a far less rarefied way; to be in daily conversation with great writers and editors who cared deeply about words, language, story, which was another way of simply being engaged with the world, of trying to make sense of the world, rather than retreating from it, trying to place an artificial order on the messy stuff of life, preferring dead writers to living ones.

To the enormous majority of persons who risk themselves in literature, not even the smallest measure of success can fall. They had better take to some other profession as quickly as may be, they are only making a sure thing of disappointment, only crowding the narrow gates of fortune and fame. Yet there are others to whom success, though easily within their reach, does not seem a thing to be grasped at. Of two such, the pathetic story may be read, in the Memoir of A Scotch Probationer, Mr. Thomas Davidson, who died young, an unplaced Minister of the United Presbyterian Church, in 1869. He died young, unaccepted by the world, unheard of, uncomplaining, soon after writing his latest song on the first grey hairs of the lady whom he loved. And she, Miss Alison Dunlop, died also, a year ago, leaving a little work newly published, Anent Old Edinburgh, in which is briefly told the story of her life. There can hardly be a true tale more brave and honourable, for those two were eminently qualified to shine, with a clear and modest radiance, in letters. Both had a touch of poetry, Mr. Davidson left a few genuine poems, both had humour, knowledge, patience, industry, and literary conscientiousness. No success came to them, they did not even seek it, though it was easily within the reach of their powers. Yet none can call them failures, leaving, as they did, the fragrance of honourable and uncomplaining lives, and such brief records of these as to delight, and console and encourage us all. They bequeath to us the spectacle of a real triumph far beyond the petty gains of money or of applause, the spectacle of lives made happy by literature, unvexed by notoriety, unfretted by envy. What we call success could never have yielded them so much, for the ways of authorship are dusty and stony, and the stones are only too handy for throwing at the few that, deservedly or undeservedly, make a name, and therewith about one-tenth of the wealth which is ungrudged to physicians, or barristers, or stock-brokers, or dentists, or electricians. If literature and occupation with letters were not its own reward, truly they who seem to succeed might envy those who fail. It is not wealth that they win, as fortunate men in other professions count wealth; it is not rank nor fashion that come to their call nor come to call on them. Their success is to be let dwell with their own fancies, or with the imaginations of others far greater than themselves; their success is this living in fantasy, a little remote from the hubbub and the contests of the world. At the best they will be vexed by curious eyes and idle tongues, at the best they will die not rich in this world’s goods, yet not unconsoled by the friendships which they win among men and women whose faces they will never see. They may well be content, and thrice content, with their lot, yet it is not a lot which should provoke envy, nor be coveted by ambition.

In the course of her letter writing, she’d learned a few things about the subtle peculiarities of the South’s power brokers. The Mississippi Sovereigns, like most other rebel groups, preferred to be addressed as Brothers; letters to Mr. Sharif, the director of Camp Patience, were exclusively read and acted upon by his secretary, but could never be addressed to his secretary; the Free Southern State government in Atlanta had a perfect record of responding to every letter, but no sooner than two years after the fact. She learned which methods of attack worked and which didn’t. Any familial relation between appellant and recipient, no matter how tenuous, was to be ruthlessly exploited; pictures of dead relatives or horrific war wounds never did any good, although the refugees in possession of such images invariably demanded they be sent anyway; a direct offer of bribery was more likely than not to elicit an insulted response, but an offer to make a donation to a cause of the recipient’s choosing got the same message across more tactfully. It was, in the end, hopeless work, the letters almost always doomed to fail. But for the refugees who paid or begged Martina to write these pleadings on their behalf, hopelessness was no impediment to hope.

The city in which the shaping by his hand is most evident is New York, Titan of cities, collosal synthesis of urban hope and urban despair. It has become a cliché by the mid-twentieth century to say that New York was "ungovernable," and this meant, since the powers of government in the city had largely devolved on its mayor, that no mayor could govern it, could hope to do more than merely stay afloat in the maelstrom that had engulfed the vast metropolis. In such a context, the cliché was valid. No mayor shaped New York; no mayor—not even La Guardia—left upon its roiling surface more than the faintest of lasting imprints. But Robert Moses shaped New York.

Knowing what you’re looking for is half of the search. Actually, it’s more than half. If you know what you’re searching for, you can move forward quickly, with clarity, and you will save months of tire kicking and time wasting. You will be able to behave like a professional buyer, knowing when you like something and why. You will be able to see in short order if it is a real yes, a real no, or something that requires next steps to evaluate whether it is a good fit. This does not mean to be hasty and act with insufficient consideration; rather, it means that you will have more confidence in your search, in talking with brokers and sellers, and in looking at opportunities.

One can even imagine that inflation tends to improve the relative position of the wealthiest individuals compared to the least wealthy, in that it enhances the importance of financial managers and intermediaries. A person with 10 or 50 million euros cannot afford the money managers that Harvard has but can nevertheless pay financial advisors and stockbrokers to mitigate the effects of inflation. By contrast, a person with only 10 or 50 thousand euros to invest will not be offered the same choices by her broker (if she has one): contacts with financial advisors are briefer, and many people in this category keep most of their savings in checking accounts that pay little or nothing and/or savings accounts that pay little more than the rate of inflation.

A good list of questions to ask your advisor will include the following: Where will my money be held? Right answer: Somewhere else! Are you a broker? Right answer: No! Are you a dually registered advisor? Right answer: No! Do you or any affiliate have proprietary investments of any kind? Right answer: No! How are you compensated? Right answer: Total disclosure in writing and never make commissions on any investment product. What are the credentials of you and/or your team? Right answer: If planning is involved, a CFP is ideal to have on the team. What is your planning and investment management approach? Right answer: The firm should follow a coherent philosophy rather than a bunch of different strategies (unprincipled) and should follow an approach that does not involve market timing or active trading.

If government had declined to build racially separate public housing in cities where segregation hadn’t previously taken root, and instead had scattered integrated developments throughout the community, those cities might have developed in a less racially toxic fashion, with fewer desperate ghettos and more diverse suburbs. If the federal government had not urged suburbs to adopt exclusionary zoning laws, white flight would have been minimized because there would have been fewer racially exclusive suburbs to which frightened homeowners could flee. If the government had told developers that they could have FHA guarantees only if the homes they built were open to all, integrated working-class suburbs would likely have matured with both African Americans and whites sharing the benefits. If state courts had not blessed private discrimination by ordering the eviction of African American homeowners in neighborhoods where association rules and restrictive covenants barred their residence, middle-class African Americans would have been able gradually to integrate previously white communities as they developed the financial means to do so. If churches, universities, and hospitals had faced loss of tax-exempt status for their promotion of restrictive covenants, they most likely would have refrained from such activity. If police had arrested, rather than encouraged, leaders of mob violence when African Americans moved into previously white neighborhoods, racial transitions would have been smoother. If state real estate commissions had denied licenses to brokers who claimed an “ethical” obligation to impose segregation, those brokers might have guided the evolution of interracial neighborhoods. If school boards had not placed schools and drawn attendance boundaries to ensure the separation of black and white pupils, families might not have had to relocate to have access to education for their children. If federal and state highway planners had not used urban interstates to demolish African American neighborhoods and force their residents deeper into urban ghettos, black impoverishment would have lessened, and some displaced families might have accumulated the resources to improve their housing and its location. If government had given African Americans the same labor-market rights that other citizens enjoyed, African American working-class families would not have been trapped in lower-income minority communities, from lack of funds to live elsewhere. If the federal government had not exploited the racial boundaries it had created in metropolitan areas, by spending billions on tax breaks for single-family suburban homeowners, while failing to spend adequate funds on transportation networks that could bring African Americans to job opportunities, the inequality on which segregation feeds would have diminished. If federal programs were not, even to this day, reinforcing racial isolation by disproportionately directing low-income African Americans who receive housing assistance into the segregated neighborhoods that government had previously established, we might see many more inclusive communities. Undoing the effects of de jure segregation will be incomparably difficult. To make a start, we will first have to contemplate what we have collectively done and, on behalf of our government, accept responsibility.

On the first day of his duel with the bears, Saunders, operating behind his mask of brokers, bought 33,000 shares of Piggly Wiggly, mostly from the short sellers; within a week he had brought the total to 105,000—more than half of the 200,000 shares outstanding. Meanwhile, ventilating his emotions at the cost of tipping his hand, he began running a series of advertisements in which he vigorously and pungently told the readers of Southern and Western newspapers what he thought of Wall Street. “Shall the gambler rule?” he demanded in one of these effusions. “On a white horse he rides. Bluff is his coat of mail and thus shielded is a yellow heart. His helmet is deceit, his spurs clink with treachery, and the hoofbeats of his horse thunder destruction. Shall good business flee? Shall it tremble with fear? Shall it be the loot of the speculator?” On Wall Street, Livermore went on buying Piggly Wiggly.

I spent my afternoons forming a government. A new administration brings less turnover than most people imagine: Of the more than three million people, civilian and military, employed by the federal government, only a few thousand are so-called political appointees, serving at the pleasure of the president. Of those, he or she has regular, meaningful contact with fewer than a hundred senior officials and personal aides. As president, I would be able to articulate a vision and set a direction for the country; promote a healthy organizational culture and establish clear lines of responsibility and measures of accountability. I would be the one who made the final decisions on issues that rose to my attention and who explained those decisions to the country at large. But to do all this, I would be dependent on the handful of people serving as my eyes, ears, hands, and feet—those who would become my managers, executors, facilitators, analysts, organizers, team leaders, amplifiers, conciliators, problem solvers, flak catchers, honest brokers, sounding boards, constructive critics, and loyal soldiers.

We’d been expending heroic effort searching for an apartment, a frustrating process which we’d borne in mostly good humor although the bare spaces and empty rooms haunted with other people’s abandoned lives kicked up (for me) a lot of ugly echoes from childhood, moving boxes and kitchen smells and shadowed bedrooms with the life gone out of them all but more than this, pulsing throughout, a sort of ominous mechanical hum audible (apparently) only to me, heavily-breathing apprehensions which the voices of the brokers, ringing cheerfully against the polished surfaces as they walked around switching on the lights and pointing out the stainless-steel appliances, did little to dispel. And why was this? Not every apartment we saw had been vacated for reasons of tragedy, as I somehow believed. The fact that I smelled divorce, bankruptcy, illness and death in almost every space we viewed was clearly delusional—and, besides, how could the troubles of these previous tenants, real or imagined, harm Kitsey or me? “Don’t lose heart,” said Hobie (who, like me, was overly sensitive to the souls of rooms and objects, the emanations left by time)

What is a “pyramid?” I grew up in real estate my entire life. My father built one of the largest real estate brokerage companies on the East Coast in the 1970s, before selling it to Merrill Lynch. When my brother and I graduated from college, we both joined him in building a new real estate company. I went into sales and into opening a few offices, while my older brother went into management of the company. In sales, I was able to create a six-figure income. I worked 60+ hours a week in such pursuit. My brother worked hard too, but not in the same fashion. He focused on opening offices and recruiting others to become agents to sell houses for him. My brother never listed and sold a single house in his career, yet he out-earned me 10-to-1. He made millions because he earned a cut of every commission from all the houses his 1,000+ agents sold. He worked smarter, while I worked harder. I guess he was at the top of the “pyramid.” Is this legal? Should he be allowed to earn more than any of the agents who worked so hard selling homes? I imagine everyone will agree that being a real estate broker is totally legal. Those who are smart, willing to take the financial risk of overhead, and up for the challenge of recruiting good agents, are the ones who get to live a life benefitting from leveraged Income. So how is Network Marketing any different? I submit to you that I found it to be a step better. One day, a friend shared with me how he was earning the same income I was, but that he was doing so from home without the overhead, employees, insurance, stress, and being subject to market conditions. He was doing so in a network marketing business. At first I refuted him by denouncements that he was in a pyramid scheme. He asked me to explain why. I shared that he was earning money off the backs of others he recruited into his downline, not from his own efforts. He replied, “Do you mean like your family earns money off the backs of the real estate agents in your company?” I froze, and anyone who knows me knows how quick-witted I normally am. Then he said, “Who is working smarter, you or your dad and brother?” Now I was mad. Not at him, but at myself. That was my light bulb moment. I had been closed-minded and it was costing me. That was the birth of my enlightenment, and I began to enter and study this network marketing profession. Let me explain why I found it to be a step better. My research led me to learn why this business model made so much sense for a company that wanted a cost-effective way to bring a product to market. Instead of spending millions in traditional media ad buys, which has a declining effectiveness, companies are opting to employ the network marketing model. In doing so, the company only incurs marketing cost if and when a sale is made. They get an army of word-of-mouth salespeople using the most effective way of influencing buying decisions, who only get paid for performance. No salaries, only commissions. But what is also employed is a high sense of motivation, wherein these salespeople can be building a business of their own and not just be salespeople. If they choose to recruit others and teach them how to sell the product or service, they can earn override income just like the broker in a real estate company does. So now they see life through a different lens, as a business owner waking up each day excited about the future they are building for themselves. They are not salespeople; they are business owners.

What ensued was a game of Coyote and Roadrunner that dragged on for more than a decade. Sixty letters went back and forth among Beaumont, St. Martin, and various contacts at the American Fur Company who had located St. Martin and tried to broker a return. It was a seller’s market with a fevered buyer. With each new round of communications—St. Martin holding out for more or making excuses, though always politely and with “love to your family”—Beaumont raised his offer: $250 a year, with an additional $50 to relocate the wife and five children (“his live stock,” as Beaumont at one point refers to them). Perhaps a government pension and a piece of land? His final plan was to offer St. Martin $500 a year if he’d leave his family behind, at which point Beaumont planned to unfurl some unspecified trickery: “When I get him alone again into my keeping I will take good care to control him as I please.” But St. Martin—beep, beep!—eluded his grasp. In the end, Beaumont died first. When a colleague, years later, set out to bag the fabled stomach for study and museum display, St. Martin’s survivors sent a cable that must have given pause to the telegraph operator: “Don’t come for autopsy, will be killed.

Fascism feeds on social and economic grievances, including the belief that the people over there are receiving better treatment than they deserve while I’m not getting what I’m owed. It seems today that almost everyone has a grievance: the unemployed steelworker, the low-wage fast-food employee, the student up to her ears in debt, the businessperson who feels harassed by government regulations, the veteran waiting too long for a doctor’s appointment, the fundamentalist who thinks war is being waged against Christmas, the professional with her head brushing against a glass ceiling, the Wall Street broker who feels unfairly maligned, the tycoon who still thinks he is being overtaxed. Obviously, personal gripes—legitimate or not—have been part of the human condition ever since Cain decided to work out his jealousy on his brother. What is an added concern now is the lack of effective mechanisms for assuaging anger. As described above, we all tend to live in media and information bubbles that reinforce our grievances instead of causing us to look at difficult questions from many sides. Rather than think critically, we seek out people who share our opinions and who encourage us to ridicule the ideas of those whose convictions and perspectives clash with our own. At many levels, contempt has become a defining characteristic of American politics. It makes us unwilling to listen to what others say—unwilling, in some cases, even to allow them to speak. This stops the learning process cold and creates a ready-made audience for demagogues who know how to bring diverse groups of the aggrieved together in righteous opposition to everyone else.

The fragility of the US economy had nearly destroyed him. It wasn't enough that Citadel's walls were as strong and impenetrable as the name implied; the economy itself needed to be just as solid. Over the next decade, he endeavored to place Citadel at the center of the equity markets, using his company's superiority in math and technology to tie trading to information flow. Citadel Securities, the trading and market-making division of his company, which he'd founded back in 2003, grew by leaps and bounds as he took advantage of his 'algorithmic'-driven abilities to read 'ahead of the market.' Because he could predict where trades were heading faster and better than anyone else, he could outcompete larger banks for trading volume, offering better rates while still capturing immense profits on the spreads between buys and sells. In 2005, the SEC had passed regulations that forced brokers to seek out middlemen like Citadel who could provide the most savings to their customers; in part because of this move by the SEC, Ken's outfit was able to grow into the most effective, and thus dominant, middleman for trading — and especially for retail traders, who were proliferating in tune to the numerous online brokerages sprouting up in the decade after 2008. Citadel Securities reached scale before the bigger banks even knew what had hit them; and once Citadel was at scale, it became impossible for anyone else to compete. Citadel's efficiency, and its ability to make billions off the minute spreads between bids and asks — multiplied by millions upon millions of trades — made companies like Robinhood, with its zero fees, possible. Citadel could profit by being the most efficient and cheapest market maker on the Street. Robinhood could profit by offering zero fees to its users. And the retail traders, on their couches and in their kitchens and in their dorm rooms, profited because they could now trade stocks with the same tools as their Wall Street counterparts.

The way Brad’s business works,” she said, “is that companies who are looking to expand send his agency locations where they want to go, and I don’t mean towns or regions. I mean coordinates. Latitude and longitude. Often they’ve already identified the site themselves.” “Why don’t they just buy the property themselves?” I asked. “Something about retailers not wanting to also be in real estate,” she said with a shrug. “It never made much sense to me either, but apparently it’s about showing their investors that they are staying within a particular area of business expertise and subcontracting for related services. Anyway. So a company like yours—Great Deal, right?” “Right.” “Great Deal says they want three stores in metro Atlanta in these locations and they’ll pay between one and three million per lot. Brad goes in, negotiates the deal with the property owner through a broker, ensures the land is suitable, then purchases it for Great Deal. But say he finds out that the seller will part with the land for only a few hundred thousand? He knows Great Deal will pay way more than that so . . .” “He convinces the seller to ask for a higher price and gets a cut of the extra?” I suggest. “Worse,” she said, and now her previous despondency settled back into her body so that she sagged and, for a second, squeezed her eyes shut. “He buys the land himself. Sets up a shell company under someone else’s name, then tries to sell it on to Great Deal at the markup he knows they’ll pay. A million plus profit per site.

The Bradford Exchange—a knockoff of [Joseph] Segel’s [Franklin Mint] business—created a murky secondary market for its collector plates, complete with advertisements featuring its “brokers” hovering over computers, tracking plate prices. To underscore the idea of these mass-produced tchotchkes as upmarket, sophisticated investments, the company deployed some of its most aggressive ads (which later led to lawsuits) in magazines like Kiplinger’s Personal Finance and Architectural Digest. A 1986 sales pitch offered “The Sound of Music,” the first plate in a new series from the Edwin M. Knowles China Company, at a price of $19.50. Yet the ad copy didn’t emphasize the plate itself. Rather, bold type introduced two so-called facts: “Fact: ‘Scarlett,’ the 1976 first issue in Edwin M. Knowles’ landmark series of collector’s plates inspired by the classic film Gone With the Wind, cost $21.60 when it was issued. It recently traded at $245.00—an increase of 1,040% in just seven years.” And “Fact: ‘The Sound of Music,’ the first issue in Knowles’ The Sound of Music series, inspired by the classic film of the same name, is now available for $19.50.” Later the ad advised that “it’s likely to increase in value.” Currently, those plates can be had on eBay for less than $5 each. In 1993 U.S. direct mail sales of collectibles totaled $1.7 billion

Two behavioral economists, Terrance Odean and Brad Barber, examined the individual accounts at a large discount broker over a substantial period of time. They found that the more individual investors traded, the worse they did. And male investors traded much more than women, with correspondingly poorer results.

It has always been my hope that one day I might be part of brokering a better treaty than the Cold Peace. Something more fair to Downworlders and those Shadowhunters who might love them.

If you are a real estate agent, broker, or business person, advertising your services may be a good way to generate real estate leads. This type of lead generation is great because rather than you doing the work to find people who want to buy or sell a property, the tables are turned and they come looking for you instead.

If Joseph Smith was a true Prophet, why did he mistakenly identify the wrong hill outside Palmyra, New York, as Cumorah? And how did the gold plates get there when they were buried by Moroni (if this was a real event) in the Yucatan? Mormonism stands or falls with Joseph Smith, and we need no further evidence than Cumorah that he was an impostor and that The Brethren are the modern brokers of his pitiful fraud. Strangely enough, the obvious fact that the Book of Mormon is a fraudulent document seldom causes those who know this to leave the Church. Even Professor Green has said: I find that nothing in so-called Book of Mormon archaeology materially affects my religious commitment one way or the other, and I do not see that archaeological myths so common in our proselytizing program enhance the process of true conversion....

By this time, increasing numbers of citizens were traders, merchants, sailors, and brokers, who had more commercial and mercantile concerns than the earlier émigrés, who tended to support Winthrop. Ironically, the highest-born immigrant of all—Vane, the idealistic son of a member of the king’s Privy Council—was, together with the free-thinker Anne Hutchinson, the champion of Boston’s burgeoning middle class.

2. Don’t trade penny stocks. A penny stock is any stock that trades under $5. Unless you are an advanced trader, you should avoid all penny stocks. I would extend this by encouraging you to also avoid all stocks priced under $10. Even if you have a small trading account ($5,000) or less, you are better off buying fewer shares of a higher-priced stock than a lot of shares of a penny stock. That is because low-priced stocks are most often associated with lower quality companies. As a result, they are not usually allowed to trade on the NYSE or the Nasdaq. Instead, they trade on the OTCBB ("over the counter bulletin board") or Pink Sheets, both of which have much less stringent financial reporting requirements than the major exchanges do. Many of these companies have never made a profit. They may be frauds or shell companies that are designed solely to enrich management and other insiders. They may also include former “blue chips” that have fallen on hard times like Eastman Kodak or Lehman Brothers. In addition, penny stocks are inherently more volatile than higher-priced stocks. Think of it this way: if a $100 stock moves $1, that is a 1% move. If a $5 stock moves $1, that is a 20% move. Many new traders underestimate the kind of emotional and financial damage that this kind of volatility can cause. In my experience, penny stocks do not trend nearly as well as higher-priced stocks. They tend to be more mean-reverting (Mean reversion occurs when a stock moves up sharply from its average trading price, only to fall right back down again to its average trading price). Many of them are eventually headed to zero, but they are still not good short candidates. Most brokers will not let you short them. And even if you do find a broker who will let you short a penny stock, how would you like to wake up to see your penny stock trading at $10 when you just shorted it at $2 a few days before? I learned that lesson the hard way. It turned out that I was risking $8 to make $2, which is not a good way to make money over the long term. To add injury to insult, a penny stock might appear to be liquid one day, and the next day, the liquidity dries up and you are confronted by a $2 bid/ask spread. Or the bid might completely disappear. Imagine owning

The message implicit in the account of the lepers coordinates with the one already made clear in the preceding parable: what we do for God cannot make God our debtor, and should never be done primarily for our gain. For if we are serving God primarily for our personal gain, then whom are we really serving? Only self. Too many Christians fail to realize this. They serve God in order either to get favors from him (in which case their real motive is self-promotion) or to keep “the ogre in the sky” off their backs (in which case their real motive is self-protection). In each of these cases the motive behind the service is nothing more than sanctified selfishness and, thus, the efforts do not actually honor God. What such people think is gaining them “brownie points” with God is actually to their demerit in heaven’s accounting, which considers the motives of the heart as well as deeds of service. Dealing with God according to his grace is hard to conceptualize for Christians used to thinking that they must broker God’s affection with their deeds.

But few gain sufficient experience in Wall Street to command sucess until they reach that period of life in which they have one foot in the grave. When this time comes these old veterans of the Street usually spend long intervals of repose at their comfortable homes, and in times of panic, which recur sometimes oftener than once a year, these old fellows will be seen in Wall Street, hobbling down on their canes to their brokers' office. Then they always buy good stocks to the extent of their bank balances, which have been permitted to accumulate for just such an emergency. The panic usually rages until enough of these cash purchases of stock is made to afford a big "rake in." When the panic has spent its force, these old fellows, who have been resting judiciously on their oars in expectation of the inevitable event, which usually returns with the regularity of the seasons, quickly realize, deposit their profits with their bankers, or the overplus thereof, after purchasing more real estate that is on the upgrade, for permanent investment, and retire for another season to the quietude of their splendid homes and the bosoms of their happy families. If young men had only the patience to watch the speculative signs of the times, as manifested in the periodical egress of these old prophetic speculators from their shells of security, they would make more money at these intervals than by following up the slippery "tips" of the professional "pointers" of the Stock Exchange all the year round, and they would feel no necessity for hanging at the coat tails, around the hotels, of those specious frauds, who pretend to be deep in the councils of the big operations and of all the new "pools" in process of formation. I say to the young speculators, therefore, watch the ominous visits to the Street of these old men. They are as certain to be seen on the eve of a panic as spiders creeping stealthily and noiselessly from their cobwebs just before rain.

The reaction to his funeral, in 1923, was more about the future than the past. New issues of securities of industrial companies would increase from 690 during the year after Harding’s death to nearly 2,000 in 1929.1 Brokers’ loans to investors and share ownership would quadruple by 1929.2 The number of Americans who paid tax on income of a million dollars a year also would quadruple.3

Perhaps nowhere is this clearer than in the economic calamity that gripped the world economy in 2008 and 2009. Each player in the system focused only on the short-term reward—the buyer who wanted a house, the mortgage broker who wanted a commission, the Wall Street trader who wanted new securities to sell, the politician who wanted a buoyant economy during reelection—and ignored the long-term effects of their actions on themselves or others. When the music stopped, the entire system nearly collapsed. This is the nature of economic bubbles: What seems to be irrational exuberance is ultimately a bad case of extrinsically motivated myopia.

This is the fly in the ointment of free-market capitalism. It cannot ensure that profits are gained in a fair way, or distributed in a fair manner. On the contrary, the craving to increase profits and production blinds people to anything that might stand in the way. When growth becomes a supreme good, unrestricted by any other ethical considerations, it can easily lead to catastrophe. Some religions, such as Christianity and Nazism, have killed millions out of burning hatred. Capitalism has killed millions out of cold indifference coupled with greed. The Atlantic slave trade did not stem from racist hatred towards Africans. The individuals who bought the shares, the brokers who sold them, and the managers of the slave-trade companies rarely thought about the Africans. Nor did the owners of the sugar plantations. Many owners lived far from their plantations, and the only information they demanded were neat ledgers of profits and losses. It is important to remember that the Atlantic slave trade was not a single aberration in an otherwise spotless record. The Great Bengal Famine, discussed in the previous chapter, was caused by a similar dynamic – the British East India Company cared more about its profits than about the lives of 10 million Bengalis. VOC’s military campaigns in Indonesia were financed by upstanding Dutch burghers who loved their children, gave to charity, and enjoyed good music and fine art, but had no regard for the suffering of the inhabitants of Java, Sumatra and Malacca. Countless other crimes and misdemeanours accompanied the growth of the modern economy in other parts of the planet.

As interest rates began to rise in the post-war period, leaving your cash at a bank that paid near zero percent interest was not such a good investment. Corporations and municipalities had millions of dollars to invest, but could not get a decent return on the short-term cash. They wanted a rate, because any rate was better than nothing. At the same time, securities dealers on Wall Street began holding trading positions. Previously the role of the broker-dealer was as a pure middleman. That’s the broker part of broker-dealer. When a client wanted to sell a bond, the firm’s salesmen scoured the market to find a buyer. If they could find a buyer, the trade was done: end-user seller to end-user buyer, and the Wall Street firm just stood in the middle. That changed in the 1950s. Some broker-dealers, like Bear Stearns and Salomon Brothers, realized they could make money buying bonds for their own trading account. And, they could even make money betting on the direction of interest rates.

Lion Capital was another small broker-dealer based in New York that filed for bankruptcy two years later in May 1984. Their fraud was even worse than Lombard-Wall. Whereas Lombard-Wall had mis-priced securities, Lion Capital had taken the securities out of the customer accounts and used them to pledge as margin to fund their own trading operations.

The USA is the leading country for lodges, secret societies, the Ku-Klux-Klan, sects, and spiritualists. There are about 4,178,000 Free Masons in the entire world; 3.3 million of them live in the USA. All leading men of the government, from the president on down, belong to lodges, and all the lodges of course belong to and are led by the Jews. There are 49 major lodges in the USA with 16,518 branches. One cannot even count the sects and secret societies. We see that the Jew has understood how to break the USA down into individual particles and atoms, killing any kind of national life. The parties belong to him entirely, for over half of those in Congress — 213 members of the House — and more than half of the Senators, 48 in all — are Freemasons. Gangsters and criminals along with stock brokers are other manifestations of decay brought about by Jewry. The legal system in the USA is fragmented and disunified. The benefactors are the plutocrats, corrupt politicians and businessmen without consciences. Judges are elected to their offices for a limited time. It is clear than they are dependent on the corrupt parties. Major insurance swindles, corrupting juries, and making false statements under oath are the order of the day.

MORE THAN SEVEN million people in the Chicago area, something like ten million road vehicles, but only one white truck had been reported stolen in the twenty-four-hour period between Sunday and Monday. It was a white Ford Econoline. Owned and operated by a South Side electrician. His insurance company made him empty the truck at night, and store his stock and tools inside his shop. Anything left inside the truck was not covered. That was the rule. It was an irksome rule, but on Monday morning when the guy came out to load up and the truck was gone, it started to look like a rule which made a whole lot of sense. He had reported the theft to the insurance broker and the police, and he was not expecting to hear much more about it. So he was duly impressed when two FBI agents turned up, forty-eight hours later, asking all kinds of urgent questions.

Most schools fulfill this legal obligation by providing services that won’t involve a perpetrator, such as academic accommodations or healing resources. At Western University, victim advocates would broker agreements between survivors and their professors to get extensions on assignments or excused absences. They would also help survivors submit paperwork to receive refunds for classes they dropped or failed due to the strains of their traumatic symptoms. To improve survivors’ mental health, the Counseling Center hosted group therapy for sexual assault survivors and offered one-on-one counseling at a cheaper rate than the insurance co-pay at most private practices. Advocates also had a small fund available to cover survivors’ trauma-related expenses. Overwhelmingly, survivors who received these resources benefited from them. Some called them life-changing. However, few survivors felt comfortable actually using them. Especially more than once.

On June 20, 1790, Hamilton sat down for a fateful meal with the two most influential Virginians other than the president: Jefferson, who hosted the meal, and Madison. (There may have been another guest or two.) While Hamilton wanted the capital in New York, he needed assumption, and was willing to trade away the former to ensure congressional approval of the latter. And so—over a decadent meal of stuffed rooster, French pot roast, and, for dessert, cookies and ice cream—these leaders brokered one of the most significant deals in American political history.

It was Micky Newman, the 34-year-old son of Ben’s partner Jerome, who talked him out of it. Micky was more optimistic about the excess inventory P&R had piled up. Moreover, he saw an opportunity to apply some high finance to this industrial company. “Ben wanted to sell at a loss, but we persuaded him not to because I could see some big pluses,” Micky later said. “I could see a huge potential tax loss due to abandonment of deep mines, and in addition, P&R coal had piled up small and unusual amounts of coal.”157 In early 1955, P&R reported a $7.3 million loss for 1954, $5.3 million of which was attributable to write-offs related to the abandonments of mines.158 The big loss gave the Baltimore/Graham-Newman group a chance to increase its control over the company’s corporate governance: Hyland’s broker, Benjamin Palmer, joined the board in February, and Micky Newman joined him three months later. Along with Ben Graham himself, the Baltimore and Graham-Newman shareholder group now controlled three of nine board seats. As a sign of things to come, P&R changed its name and amended its charter to allow the organization to engage in activities other than coal mining. The company dropped the reference to coal from its name, transitioning from the Philadelphia and Reading Coal and Iron Company to the Philadelphia and Reading Corporation.159 Micky took the initiative to transform the company. His plan was to use the cash P&R generated from liquidating its excess inventory to acquire profitable businesses, whose income would be shielded from future taxes by P&R’s existing tax loss position.

17. I was there when he was broker than the Broke Back Mountains, and uglier than the Ugly Duckling. I could have had any fine hustler, but all of that did not mean shit to me.

An old Wall Street joke gets close to our experience: Customer: Thanks for putting me in XYZ stock at 5. I hear it’s up to 18. Broker: Yes, and that’s just the beginning. In fact, the company is doing so well now, that it’s an even better buy at 18 than it was when you made your purchase. Customer: Damn, I knew I should have waited.

A broker was expected to find the best possible price in the market for his customer. The Goldman Sachs dark pool—to take one example—was less than 2 percent of the entire stock market. So why did nearly 50 percent of the customer orders routed into Goldman’s dark pool end up being executed inside that pool—rather than out in the wider market? Most of the brokers’ dark pools constituted less than 1 percent of the entire market, and yet somehow those brokers found the best price for their customers between 15 and 60 percent of the time.

When closed-end funds are started they are usually sold by brokers, who add a hefty commission of around 7% to the sale price. But within six months, the funds typically trade at a discount of more than 10%. So the first puzzle is: why does anyone buy an asset for $107 that will predictably be worth $90 in six months? This pattern had induced Benjamin Graham to refer to closed-end funds as “an expensive monument erected to the inertia and stupidity of stockholders.” This was a more polite way of saying “THERE ARE IDIOTS,” which remains the only satisfactory answer to this first puzzle.† The second puzzle is the existence of the discounts and premia mentioned earlier. Why does the fund trade at a price that is different from the value of its holdings? The

Thus, there are times when a deep pragmatist should feel free to speak of rights—and not just legal rights but moral rights. These times, however, are rarer than we think. If we are truly interested in persuading our opponents with reason, then we should eschew the language of rights. This is, once again, because we have no non-question-begging (and non utilitarian) way of figuring out which rights really exist and which rights take precedence over others. But when it’s not worth arguing—either because the question has been settled or because our opponents can’t be reasoned with—then it’s time to stop arguing and rally the troops. It’s time to affirm our moral commitments, not with wonky estimates of probabilities but with words that stir our souls. But please do not take this as license to ignore everything else that I’ve said about “rights.” Most moral controversies are not simple cases of one tribe’s dominating another. In nearly all moral controversies, there are truly moral considerations on both sides.* There is something to be said for individualist systems that encourage people to take care of themselves. And there is something to be said for collective systems in which everyone gets the help they need. There is something to be said for not killing any human fetuses, and there is something to be said for letting people make their own tough bioethical choices. Here the solution is not for us to bludgeon one another with heartfelt assertions about rights, however tempting this may be. The solution is, once again, to put our automatic settings aside and shift into manual mode, seeking bargains brokered with the common currency.

Almost imperceptibly, the Old Delhi returned. Rather than representing India, the city regressed to its historical self. Courtiers fawned, brokers promised access, and the writ of the queen ran unchallenged across the empire. When

Recall the depths of the credit crash at Goldman back in 2008. Goldman could have pushed for the obvious technical step of trading credit derivatives on exchanges, which would have resulted in greater volume and greater transparency, and taken the regulatory heat off. But would Goldman cede its information asymmetry in the form of the trading flows that it, and only it, saw? Would it cede the ability to more or less arbitrarily set prices for credit risk, alongside a tightly knit network of brokers, effectively manipulating the market to its own benefit, rather than offering an open one?

We discovered, to give one example, that our client’s three top brokers handled the 10 biggest accounts. By sharing these big accounts out among more brokers, and by dedicating one senior and one junior broker to each of the three largest customers, we actually increased total sales from these accounts. Rather than divide up the pie more fairly, we increased the size of the pie. Thus, 80/20 gave us a jump-start in solving the client’s problem.

Icahn’s first experience with a Wall Street boom-to-bust cycle was certainly a disappointment, but it also taught him two lessons he never forgot. First, no one makes money playing the market. A small investor dabbling in stocks is always vulnerable to bigger, more powerful forces that time after time will wipe him out.   Second, if he was going to emerge as a dominant force, he needed more than a broker’s training. He had to gain expertise in a market niche overlooked by the hordes of brokers content to sit by the phone and take orders. His study of empiricism had taught him that “there is a strategy behind everything,” and now he had to determine what that strategy was.

Anytime you have multiple offers and you have cash in the mix, the conventionally financed borrower is going to try as hard as they can to look like a cash buyer, even though they’re still being financed,” said Eric Hagstette, owner and principal broker at Inhabit Portland, a real estate company. When sellers have a choice, they prefer the sure thing. Unlike cash, financing can fall through, especially in a market with tighter credit. Buyers who turn up with a check rather than a pre-approved loan are more likely to complete the transaction –and sellers know it. To compete, some buyers are simply borrowing cash from friends and family and financing their houses after closing — bout 14 percent of cash buyers in the greater Portland area between 2011 and the end of 2014, in fact, according to RealtyTrac. Others are overbidding to ram deals through quickly, then waiving the right to negotiate price if an appraiser doesn’t agree. The practice comes with significant risks. It also allows the next guy to price his house just as high, while one sale becomes a benchmark for the starting price of the next, Hagstette said.

In a market where multiple offers are raising prices, Teri Toombs, Principal Broker at Living Room Realty, says she discourages people from overpaying for homes. But some can’t resist. Some people don’t want to continue renting. And they don’t care what that costs. An in-house poll led by Toombs’ colleague Alyssa Isenstein Krueger, Living Room found more than a few first-time buyers with cash to throw around. The Living Room agents that responded said that of 148 first-time buyers served in 2014, 42 percent came to the table with funds from friends and relatives to help grab whatever edge they could leverage. The sums ranged from up to $470,000. It’s not scientific, but it suggests a hard new reality in the market. For those without cash? Those that can’t overpay? “It’s torture. And I try my best to prepare them for what they’re in for and I see them starting to glaze over like, ‘Why is this lady saying all this? Why can’t we just start looking at houses? Why is she bringing us down like this?’” said Toombs. “With determination and being really diligent about it, they can get into a house. But they have to realize that they’re going to be moving into emerging neighborhoods.

Why did you get laid off?   The reality is because a bunch of inept bankers, criminal real estate developers, amoral mortgage brokers and corrupt politicians created the world’s largest housing bubble.  But ironically, the average man during the Great Recession probably took this personally, illogically blaming his sole self for the entire financial crisis of 2009.  Worse still, men across America felt an incredible amount of guilt and shame for not being able to provide for their families.  And worse than that, how many men committed suicide because of a recession that was not caused by them?  All of this can be avoided in mastering the skill of recognizing what you do and do not control.

it is the height of incoherence to argue that solar could survive a day on the free market. It costs more — lots more — to generate power from sunshine than it does from fossil fuels. And this will remain the case even if states promote and “invest” in solar, as Dooley’s outlier of a Tea Party group is lobbying them to do. It would remain the case even if utilities were as competitive as curb brokers. Groups like this just help the larger anti-fossil fuel, anti-prosperity environmental movement.

There are maybe a hundred thousand political power brokers in this country who are truly invested in the perpetuation of a coin-operated government. They see no problem with it. They are unabashed in their participation in it. They figure that’s how the world works…. We, the other 99.7%, have to push aside our cynicism and exhaustion and join with others from all walks of life to create a new, surprising, mighty reform moment in history. Just as we won our right to self-government by fighting the British monarchy more than 240 years ago, we will lose it if we fail to fight to reclaim it now.

PhOne Number:352-587-2948 ADDRESS:407 Lincoln Rd. Suit 10g Miami Beach FL 33139 Miami Realtor, South Beach Realtor, Miami Beach Realto, Miami Real Estate Agent, Miami Beach Real Estate Agent, Miami Luxury Realtor, South Beach Real Estate Agent, Beach Real Estate Agent, MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved.

He was nearing thirty-one, watching his twin brother marry the love of his life, and what did he have? A good career. Business brokering was no cheap affair, but his nice flat back in Port Dale was empty except for him. Other than a string of relationships dangling behind him, his prospects in love were dim and fruitless.

Jews continued moving into Palestine and their Zionist dream began looking more like a possibility than ever before. On November 29, 1947, amid much controversy, the United Nations announced the “partition” of Palestine into two states, one for Jews and the other for Arabs already living in the country. Truman had lobbied quietly for this partition, despite opposition from the Arab states, the British, and his own State Department. He wrote later of his belief that partition “could open the way to peaceful collaboration between the Arabs and the Jews.” Six months later, the British formally withdrew, and the partition went into effect in May 1948. Jews around the world rejoiced, but Arab leaders were understandably enraged and threatened war. Despite his support for partition and sympathy for the plight of Jews, Truman was cautious about offering public support for Zionism. Given the growing tension in the region, he thought it was in America’s best interest for their president to be seen as an honest broker in the conflict.

MBS can be harder to buy and sell than other types of bonds, as they’re bought mainly by institutional investors. Many MBS are issued and sold in large denominations (like $25,000 minimums), but some are issued at $1,000 (like most other types of bonds). You can trade MBS through specialty bond brokers, which you can find at most major brokerages (like Charles Schwab or Merrill Edge). The easiest way to invest in MBS is through specialty mutual funds or ETFs. Though technically MBS are not fixed-income investments (because the payments can vary monthly), they’re usually included in that category (because they’re bonds).

You know, Mother, there are other reasons that I have chosen to remain in America. None more important than Tiana, of course." "Of course," she said. "But I like the person that I have become over this past year. I learned that I'm really good at selling things and helping others," he said with a laugh. "See Lisette over there? I just helped broker a deal for her to sell her homemade medicinals in the biggest department store in New Orleans. "I like my job. It feels good to know that I can make my own way in this world, and do some good in it, too." Naveen shook his head. "I never thought I would say this, but I want to thank you and Father for cutting me off. It turns out that is exactly what I needed." His mother cupped his cheek. "I am proud of you, son. I always knew you could accomplish anything once you discovered your true heart's desire. Well, at least I'd hoped that would be the case," she amended with a laugh. "Just know there is always a place for you here. You can always come home." Naveen caught sight of a sparkling blue dress out of the corner of his eye. He looked over and saw Tiana walking toward them. "I have found my home," Naveen said.

The petition site bundles your name, email, and the insight about your interests (you just signed a petition about something you care about, remember?) and sells this information to data brokers, advertising agencies, subscription houses, and political campaigns.19 When you sign an online petition, the chances that you’ve just handed over your data for someone else to make money from them are higher than the chance that the intended legislative recipient of your petition will ever see it.

There is more to culture than what meets the eye.

Options and forwards are traded on all kinds of financial instruments, including stocks, bonds, and various market indices. Some are traded on organized exchanges throughout the world. Others are traded only in privately negotiated transactions, called over-the-counter, or OTC. Exchange-traded derivatives are more highly regulated, more liquid, and more dependable than OTC derivatives. To get information about an exchange-traded derivative, you can simply look in the Wall Street Journal or call a broker. In contrast, you might never be able to discover certain information about an OTC derivative unless you worked in the derivatives group at an investment bank.

We discovered a chain-reaction effect. Those individuals with the highest levels of amyloid deposits in the frontal regions of the brain had the most severe loss of deep sleep and, as a knock-on consequence, failed to successfully consolidate those new memories. Overnight forgetting, rather than remembering, had taken place. The disruption of deep NREM sleep was therefore a hidden middleman brokering the bad deal between amyloid and memory impairment in Alzheimer’s disease. A missing link.

The following chapters will explore some of the more formalized “content cartels” in further detail, but in seeking to illustrate how backdoor agreements further increase the existing repression, one example stands out: the close relationship between Facebook and the Israeli government. For Palestinians, many of whom are physically cut off from the world by occupation and border controls, the internet is—in the words of author Miriyam Aouragh—“a mediating space through which the Palestinian nation is globally ‘imagined’ and shaped,” bringing together a dispersed diaspora along with a geographically fragmented nation.24 Social media has not only enabled long-lost relatives and friends to come together virtually, but has also provided space for organizing and the development of an alternate narrative to that provided by the mainstream media, which has long privileged the Israeli political position over that of the Palestinian one. But just as Palestinian activist voices have been historically devalued and silenced by mainstream media, so too have they been censored by social media platforms—while Israeli hate speech on the same platforms often goes ignored. In the summer of 2014, a few months after US-brokered peace talks faltered, three Israeli youth were kidnapped and murdered in the occupied West Bank. In retaliation, three Israeli men abducted and murdered a Palestinian teenager, leading to increased tensions, violent clashes, and an increase in rockets fired by Hamas into Israeli territory. Israel responded with airstrikes, raining rockets into Gaza and killing more than two thousand Palestinians and injuring more than ten thousand more—a majority of whom were civilians. As the violence played out on the ground, social media became a secondary battlefield for both sides, as well as their supporters and detractors.

THE MOTOR YACHT AUTHORITY. TRUSTED EXPERTS & TRIED AND TRUE SALES TACTICS. The team of expert brokers at 26 North Yachts has an excellent track record - selling yachts 23% faster than our competitors and for a higher percentage of the asking price. This saves owners money on operational costs and depreciation when it’s time to sell. Our team focuses on leveraging both tried-and-true sales tactics as well as modern digital strategies to quickly get your yacht in front of qualified buyers.

What are you trying to buy? Asset type? Size? Price? To determine the answer to the first question, do the following: Start with your own net worth. Add in friends and family. The total team net worth is your starting point. Choose a market. Consider travel time and expense. You must be able to be in your market to look at deals at least once a month. Determine the viability of your market. Job growth? Population growth? Get deal flow from the market. Real estate agents Find all commercial realty companies in the city. Get on all their mailing lists. Analyze deals online from realtors in the area. Call the realtors about their listings. Direct to owners Get lists of owners. Create a system to reach owners directly. Mail Text Cold calling Analyze deals. Income approach Income – Expenses = Net operating income Net operating income – Debt service = Cash flow Check with lenders for current terms on debt. What is the CoC return? Cap rate? Debt ratio? Comparable data Check the analyzed cap rate against cap rates in the area for similar properties. Check comparable sale prices. Comps should be close in size and age to the subject property. Comps should have similar amenities. Comps should be within a few miles of the subject property. Exit Hold and operate. Refinance. Sell or flip. Consider upcoming market conditions. Debt Check with lenders or a mortgage broker to determine the availability of loans for this type of property. What are the terms and conditions? Is this the information you used to analyze the deal originally? Make the offer. Use an LOI to submit the offer in writing. The LOI will summarize the main deal points. If your offer is less than 15 percent of the asking price, speak with the realtor before you submit the offer. Once the offer is accepted, send the LOI to your attorney and have them draft the purchase agreement. Draft the purchase and sale agreement. Now that you have a fully executed contract, the clock starts. Earnest money goes into escrow. Do your due diligence. Financial inspection Physical inspection Lease audit Begin your loan application. The lender will complete three inspections. Appraisal Environmental inspection Physical engineer inspection of the buildings Do your closing. The lender will wire the loan proceeds to the closing escrow. Wire your down payment funds to the closing escrow. You own a new property! Engage property management for takeover of operations.

Micro-studios are very trendy right now, Ms. Mascolo.” I am standing in the tiniest apartment I’ve ever seen. My real estate broker, Cindy, has now shown me three apartments, each smaller than the last. This one is only seventy square feet. Yes, that’s right. Seven-zero. I need to suck in my breath to fit into the room. There are coffins larger than this apartment. “And it’s furnished,” Cindy adds, gesturing at the small sofa pushed against the wall, and the tiny desk smashed into a corner. There’s even a mini-fridge on the side of the sofa, doubling as an end table. “You’ll just need a microwave and maybe some sort of hot pot.” “What about a closet?” I ask around the bile rising in my throat. Cindy pushes aside a faded yellow curtain and there it is: what may be my new closet. It’s roughly one-sixth the size of my current clothing space. I’ll have to get rid of most of what I own if I move in here. I glance around again, sure I’ve missed something. “What about sleeping?” I’m certain Cindy’s going to inform me that sleeping standing up is all the rage right now, but instead, she gestures at a set of stairs leading to a nook just above our heads. No wonder the ceiling is so low. “You’ve got an upstairs bedroom,” Cindy says, without cracking the smile that I feel such a statement clearly deserves. I climb the stairs, which is more of a ladder than a staircase. It leads to a tiny nook above the apartment where I can put a mattress. When I’m lying there, I will have about a foot of space between my nose and the ceiling. The coffin metaphor is becoming more and more apt. “What about a bathroom?” I ask. “There’s one in the hallway. You’ll share it with four other residents.

The lower orders of men are far closer to the higher orders of animals than to the higher orders of men, and we ought to recognize that fact. (From Katherine Cook Briggs, co-inventor of the Myers-Briggs Type Indicator)

We took a more comprehensive view. We analyzed and incorporated tail risk, and considered extreme questions such as, “What if the market fell 25 percent in one day?” More than a decade later it did exactly that and our portfolio was barely affected. When, with our expanding range and size of trades, we moved our account to Goldman Sachs as our prime broker, one of the questions I asked was: “What happens to our account if Goldman Sachs New York is destroyed by a terrorist nuclear bomb smuggled into New York Harbor?” Their reply was: “We have duplicate records stored underground in Iron Mountain, Colorado.

Our Dutch hostess—or rather, the woman we are hoping will host us once we show up on her doorstep—is known to everyone but me. And though I had been warned about Johanna Hoffman’s friendliness and large dogs, there is no way to be truly prepared for either. When the door to her canal house opens, three dogs that look as though they each weigh more than I do spill out, followed by a plump, bright-faced woman in a pink dress that matches the bows around each dog’s neck. When she sees Felicity, she screams. In spite of not having anything in her hands, I swear she somehow still drops a vase. She throws her arms around Felicity, squeezing her so hard she nearly lifts her off the ground. “Felicity Montague, I thought you were dead!” “Not dead,” Felicity says. One of the dogs tries to wedge itself between the two of them, tail wagging so furiously it makes a thumping drumbeat against the door frame. A second snuffles its nose against my palm, trying to flip my hand onto the top of its head in an encouragement to pet. “It’s been years. Years, Felicity, I haven’t heard from you in years.” She takes Felicity’s face in her hands and presses their foreheads together. “Hardly a word since you left! What on earth are you doing here? I can’t believe it!” She releases Felicity just long enough to turn to Monty and throw open her arms to him. “And Harold!” “Henry,” he corrects, the end coming out in a wheeze as she wraps him in a rib-crushing hug. The dog gives up nudging my hand and instead mashes its face into my thigh, leaving a trail of spittle on my trousers. “Of course, Henry!” She lets go of him, turns to me, and says with just as much enthusiasm, “And I don’t know who you are!” And then I too am being hugged. She smells of honey and lavender, which makes the embrace feel like being wrapped in a loaf of warm bread. “This is Adrian,” Felicity says. “Adrian!” Johanna cries. One of the dogs lets out a long woof in harmony and the others take up the call, an off-key, enthusiastic chorus. She releases me, then turns to Felicity again, but Felicity holds up a preemptive hand. “All right, that’s enough. No more hugs.” She brushes an astonishing amount of dog hair off the front of her skirt, then says brusquely, “It’s good to see you, Johanna.” In return, Johanna smacks her on the shoulder. “You tell me you’re going to Rabat with some scholar and then you never come back and I never hear a single word! Why didn’t you write? Come inside, come on, push the dogs out the way, they won’t bite.” As we follow her into the hallway and then the parlor, she’s speaking so fast I can hardly understand her. “Where are you staying? Wherever it is, cancel it; let me put you up here. Was your luggage sent somewhere? I can have one of my staff collect it. We have plenty of room, and I can make up the parlor for you, Harry—” “Henry,” Monty corrects, then corrects himself. “Monty, Jo, I’ve told you to call me Monty.” She waves that away. “I know but it always feels so terribly glib! You were nearly a lord! But I’m happy to set you up down here so you needn’t navigate the stairs on your leg—gosh, what have you done to it? Your lovely Percy isn’t here, is he? Though we’ll have to do something so the dogs don’t jump on you in the night. They usually sleep with Jan and me, but they get squirrely when we have company. One of Jan’s brokers from Antwerp stayed with us last week and he swears he locked the bedroom door, but somehow Seymour still jumped on top of him in the middle of the night. Poor man thought he was being murdered in his bed. Please sit down—the dogs will move if you crowd them.

A stubborn eccentric who has spent most of his life waiting and planning for his ascension, even at the cost of his relationships with his own sons, the former Prince of Wales is not only far less popular than his predecessor and his successor, he has also been a thorn in the side of the institution. Despite the fact he’s well-liked by world leaders and global power figures, during the life of his mother, he was never fully embraced by power brokers within the system, the Palace operators and partisans with links to the British establishment, including the government. When he was Prince of Wales, some senior Buckingham Palace aides had expressed to me and others that they felt the then next in line didn’t quite have the moxie or vision for the family’s next chapter. Perhaps they were right.

The sexual abuse and trafficking of North Korean women and girls is a serious and growing issue in China. Hundreds of North Korean women defect every year, seeking relief from famine and repression, and hopeful for a better life. Go-betweens often promise them a job in a restaurant or factory—then sell them to brokers who force them into marriage, prostitution, or cybersex work. To make matters worse, the Chinese government regards these victims as illegal immigrants rather than refugees. If they go to the authorities, they are simply repatriated back to North Korea, where they will likely serve time in prison camps under horrific conditions.

Legg Mason was a value shop, and its training program emphasized the classic works on value investing, including Benjamin Graham and David Dodd’s Security Analysis and Graham’s The Intelligent Investor. Each day, the firm’s veteran brokers would stop by and share their insights on stocks and the market. They handed us a Value Line Investment Survey of their favorite stock. Each company possessed the same attributes: a low price-to-earnings ratio, a low price-to-book ratio, and a high dividend yield. More often than not, the company was also deeply out of favor with the market, as evidenced by the long period the stock had underperformed the market. Over and over again, we were told to avoid the high-flying popular growth stocks and instead focus on the downtrodden, where the risk-reward ratio was much more favorable.

Raven, a 6 year old chimpanzee, became the 22nd most successful money manager in the U.S. by throwing darts at a list of internet companies. Raven created her own index, dubbed MonkeyDex, and in 1999 delivered a 213% gain, outperforming more than 6,000 professional brokers on Wall Street.

You’re such a clever man.” “Yup. Good looking and a snappy dancer, too.” She laughed. “Don’t forget humble.” “Oh yeah, I’ve always felt my humility is what makes me so much better than everyone else.

Experience brings acceptance of the fact you cannot do everything yourself. I find people who start business later in life understand the value in surrounding themselves with people who are better than them at some things. Experience shows you the benefit of accepting advice from others.

It was at Mangalore that I met a man waiting for male clients for the first time. It was like seeing an alien creature. This was twenty-seven years ago. Sulaiman had made up his face just like a woman; he was also a broker for women sex workers. When I met him as a broker, I found out that there were many others like him. Now I know many such people who are part of our work. Today in Kerala, there are more male sex workers than female sex workers.

WHO’S ON YOUR TEAM? Rich dad surrounded himself with men and women who were specialists: attorneys, accountants, brokers, and bankers… and Kim and I have done the same. Today, our team of Advisors is among our greatest assets. What’s more important than money? An entrepreneur’s team… Who’s on yours?

Because they mark all their assets to market and live in constant fear of margin calls from their brokers, hedge funds generally monitor risk better and recognize setbacks faster than rivals:

Moderate Republicans like Rockefeller supported the national consensus toward advancing civil rights by promoting national legislation to protect the vote, employment, housing and other elements of the American promise denied to blacks. They sought to contain Communism, not eradicate it, and they had faith that the government could be a force for good if it were circumscribed and run efficiently. They believed in experts and belittled the Goldwater approach, which held that complex problems could be solved merely by the application of common sense. It was not a plus to the Rockefeller camp that Goldwater had publicly admitted, “You know, I haven’t got a really first-class brain.”174 Politically, moderates believed that these positions would also preserve the Republican Party in a changing America. Conservatives wanted to restrict government from meddling in private enterprise and the free exercise of liberty. They thought bipartisanship and compromise were leading to collectivism and fiscal irresponsibility. On national security, Goldwater and his allies felt Eisenhower had been barely fighting the communists, and that the Soviets were gobbling up territory across the globe. At one point, Goldwater appeared to muse about dropping a low-yield nuclear bomb on the Chinese supply lines in Vietnam, though it may have been more a press misunderstanding than his actual view.175 Conservatives believed that by promoting these ideas, they were not just saving a party, they were rescuing the American experiment. Politically, they saw in Goldwater a chance to break the stranglehold of the Eastern moneyed interests. If a candidate could raise money and build an organization without being beholden to the Eastern power brokers, then such a candidate could finally represent the interests of authentic Americans, the silent majority that made the country an exceptional one. Goldwater looked like the leader of a party that was moving west. His head seemed fashioned from sandstone. An Air Force pilot, his skin was taut, as though he’d always left the window open on his plane. He would not be mistaken for an East Coast banker. The likely nominee disagreed most violently with moderates over the issue of federal protections for the rights of black Americans. In June, a month before the convention, the Senate had voted on the Civil Rights Act. Twenty-seven of thirty-three Republicans voted for the legislation. Goldwater was one of the six who did not, arguing that the law was unconstitutional. “The structure of the federal system, with its fifty separate state units, has long permitted this nation to nourish local differences, even local cultures,” said Goldwater. Though Goldwater had voted for previous civil rights legislation and had founded the Arizona Air National Guard as a racially integrated unit, moderates rejected his reasoning. They said it was a disguise to cover his political appeal to anxious white voters whom he needed to win the primaries. He was courting not just Southern whites but whites in the North and the Midwest who were worried about the speed of change in America and competition from newly empowered blacks.

having had many of his friends tortured and killed under the apartheid regime, Mandela managed to negotiate—rather than fight—with government leaders, brokering a miraculously peaceful transition to a true democracy in South Africa and ultimately becoming its first president.

could let that drive me bananas and sit around by the phone like a 16-year-old waiting for a girl to call, or I could use this as an opportunity to follow back. My team and I worked together to figure out how we could make another impact, something bigger and more meaningful than a tree. We bought a very attractive, modern, and architecturally interesting bookcase, and had it delivered to his office. But we didn’t stop there. The next day, we sent a book with a note. We did the same thing the next day. And the next day. Every. Single. Day. By the time he decides which broker to use, he will have a well-curated collection of books sitting on his beautiful bookshelf. I knew I was the right broker for the project, and I was determined to send him a book a day until he chose me. Did it guarantee it would get me the job? No. It did not. But it would be impossible for him to not think of my team, our passion, our determination, and our generosity every time he walked into his office. And that is a big impact.

Many a warlord engages a spiritualist to influence the outcome of a war he is involved in. A priest may consecrate a campaign, and may even join the soldiers on the battlefield in a total effort to shore up their fighting spirit; a spell-caster is hired to curse the wretched enemy. But as the war drags on and divine intervention proves hopelessly distant, an Abettor is sought. A self-appointed admiral, the Abettor is versed in the art of modern warfare, developments in armaments, the strengths and weaknesses of warring parties in his domain, and, above all, is the deciding factor in the most prickly situations. Driven by his passion for a fair fight more than any personal reward or gratification, a good Abettor thinks nothing of abetting both belligerents in a given engagement. A celebrated Abettor came to the rescue of Count Ashenafi. A slight man with wooden dentures, the war broker had spent many of his ninety-three years crisscrossing territories, often with little regard for political borders, in search of a war to sponsor. He was a living archive: at his fingertips were all the battles that had been fought in his vast domain for the past six centuries and the strategies and tactics that had endured through generations. He was well acquainted with the armaments and able-bodied men within reach of not just princes and kings but also the lesser war-makers—feudal lords. A quick study of human nature, the Abettor realized that men may endure without bread and water but not without war, and so he made it his calling to afford them a fair and refreshing combat. He spent his days and nights sniffing for gunpowder, carrying on his back his worldly possessions of an old rifle, the Holy Scriptures, an extra copy of the Book of Hymns, and a small sacrifice for the road. He slept while walking. Having adjusted his needs to the ever-shifting clime, he could go without food or water for up to six months. Only in times of abundant harvest did he answer the call of nature. Though many brave men had sought him out in times of pressing need, the war patriarch had failed to earn their affection. A few of the people he had so diligently served had conspired to put him out of service in the most hideous ways. In an ordinary year, he could expect to be stabbed to death twice. Once, an army of retreating archers shot him with ninety-five arrows. On three different occasions, he was carved into palm-sized pieces and his remains served to hawks and storks; he was also known to have been buried alive. But, each time, the old man resurfaced in some remote corner of the kingdom in one piece, invigorated by his ordeal, ready to influence the outcome of another raging war.

If the Fed had curbed leverage and raised interest rates in the mid 2000s, there would have been less craziness up and down the chain. American households would not have increased their borrowing from 66 percent of GDP in 1997 to 100 percent a decade later. Housing finance companies would not have sold so many mortgages regardless of borrowers’ ability to repay. Fannie Mae and Freddie Mac, the two government-chartered home lenders, would almost certainly not have collapsed into the arms of the government. Banks like Citigroup and broker-dealers like Merrill Lynch would not have gorged so greedily on mortgage-backed securities that ultimately went bad, squandering their capital. The Fed allowed this binge of borrowing because it was focused resolutely on consumer-price inflation, and because it believed it could ignore bubbles safely. The carnage of 2007–2009 demonstrated how wrong that was. Presented with an opportunity to borrow at near zero cost, people borrowed unsustainably.

1.​Find a reason greater than reality: the power of spirit If you ask most people if they would like to be rich or financially free, they would say yes. But then reality sets in. The road seems too long with too many hills to climb. It’s easier to just work for money and hand the excess over to your broker. I once met a young woman who had dreams of swimming for the U.S. Olympic team. The reality was that she had to get up every morning at four o’clock to swim for three hours before going to school. She did not party with her friends on Saturday night. She had to study and keep her grades up, just like everyone else. When I asked her what fueled her super-human ambition and sacrifice, she simply said, “I do it for myself and the people I love. It’s love that gets me over the hurdles and sacrifices.” A reason or a purpose is a combination of “wants” and “don’t wants.” When people ask me what my reason for wanting to be rich is, I tell them that it is a combination of deep emotional “wants” and “don’t wants.” I will list a few: first, the “don’t wants,” for they create the “wants.” I don’t want to work all my life. I don’t want what my parents aspired for, which was job security and a house in the suburbs. I don’t like being an employee. I hated that my dad always missed my football games because he was so busy working on his career. I hated it when my dad worked hard all his life and the government took most of what he worked for at his death. He could not even pass on what he worked so hard for when he died. The rich don’t do that. They work hard and pass it on to their children. Now the “wants.” I want to be free to travel the world and live in the lifestyle I love. I want to be young when I do this. I want to simply be free. I want control over my time and my life. I want money to work for me. Those are my deep-seated emotional reasons. What are yours? If they are not strong enough, then the reality of the road ahead may be greater than your reasons. I have lost money and been set back many times, but it was the deep emotional reasons that kept me standing up and going forward. I wanted to be free by age 40, but it took me until I was 47, with many learning experiences along the way. As I said, I wish I could say it was easy. It wasn’t. But it wasn’t that hard either. I’ve learned that, without a strong reason or purpose, anything in life is hard. IF YOU DO NOT HAVE A STRONG REASON, THERE IS NO SENSE READING FURTHER. IT WILL SOUND LIKE TOO MUCH WORK.

Do not let a broker attempt to convince you that the property is worth anything more than a multiple of its existing NOI.

Jesus says, “For who is greater, the one who is at the table or the one who serves? Is it not the one who is at the table? But I am among you as one who serves” (Lk 22:27). Jesus’ question isn’t a trick. The one sitting at the table is more important than the servant who serves. Jesus is not encouraging a Christian leader to call himself a servant but still stand up at the front, to be thanked by everyone, and to be honored. In the picture Jesus gives, the servant is not honored, not thanked, perhaps not even acknowledged. All too often “servant leadership” today is a euphemism. A true servant leader ensures the recipients of the gifts know the servant leader is just the broker, not the patron. In Jesus’ story, the servant is Jesus, highlighting his role as our broker. As we imitate him, Christlike brokers use their skills, ability, and gifts to benefit others, without seeking to be repaid honor or gifts in kind, as if they were the patron. This is what Christ means by being a servant leader, a broker. It means taking the servant’s status, those who aren’t being honored when they serve.

Timing is a critical factor in every deal, and I knew that the time was right for my now historic speech:  The Tortoise Briefcase Address.  In a deadpan, matter-of-fact manner, I said, "Boys, there's no sense going around in circles all night.  It looks like we aren't going to be able work this deal out, so let's just write if off to experience.  Hey, it's not the last deal in the world." I then looked at Ernest and said, "Don't worry, I'm working on a lot of other properties.  Sooner or later, I'll come across a deal for you where the mathematics make sense."  I then turned to the Booze Brothers and said, "As to your properties, I've been talking to several other prospective buyers, and I think I can crank up some serious interest in the next couple of weeks."  (You can just imagine how happy Ernest was to hear that.) I then put my papers back in my briefcase, closed it, and snapped the latches shut—very slowly—one latch at a time.  Then I rose, smiled pleasantly, started toward the door, paused, glanced back over my shoulder, and, in the most cavalier manner, said, "Why don't you guys get some sleep.  I'll be in touch with you in the next couple of weeks." I was conscious of my every move and every word as I completed The Tortoise Briefcase Address in a style that rivaled some of the Booze Brothers' greatest performances.  I will always remember the distance—I was approximately three feet from the door—when Ernest and the Booze Brothers yelled out, in unison, "Wait!"  That was the most telltale word anyone had ever spoken to me.  That one word confirmed that I had been right all along—that this was the right buyer and the right seller in the right place at the right time. What Ernest had meant by that one word was that there was no way, after all the effort he had put into this deal, that he was going to miss the opportunity to propel his company into a significant real estate investment trust just because some real estate broker happened to be crazy. As for the Booze Brothers, the word wait was their way of saying that there was no way, after all the work they had done, that they were going to miss the opportunity to pocket more than $2 million profit just because some real estate broker was too stupid to understand the consequences of his actions.

Two factors, in particular, were especially significant in this deal.  First, I used my strong posture to persuade the seller to sign a commission agreement based on 5.5 percent of the total selling price rather than the 3 percent figure I normally used.  After my Dayton and Memphis experiences, I took it as an article of faith that every seller worth his salt would, at a minimum, try to at least whittle down my commission—regardless of what figure we had agreed to. That being the case, I thought it would be interesting to see if starting out at a higher commission figure than I hoped to actually receive would produce better results.  When the inevitable commissiondectomy attempt began, I would be able to better afford to have my commission cut.  It was just a matter pacifying the seller's sick mind.  My experience had convinced me that the important thing for him was to believe that he had succeeded in shafting the real estate broker who had committed the dastardly sin of selling his property for him (and probably saving his financial hide in the process), even if his belief was an illusion.