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Most of us have heard that the secrets to great riches and wealth are:
• OPT — Other People’s Time
• OPM — Other People’s Money
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Robert T. Kiyosaki (Rich Dad's Cashflow Quadrant: Rich Dad's Guide to Financial Freedom)
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Traders risk the bank’s capital: they literally bet the bank, at least up to their limits. If they win then they get a share of the winnings. If they lose, then the bank picks up the loss. Traders might lose their jobs but the money at risk is not their own, it’s all OPM – other people’s money. What if the losses threaten the bank’s survival? Most banks are now ‘too big to fail’ and they can count on government support. Regulators are wary about ‘systemic risk’, and no regulator with an eye to their place in history wants the banking system to be flushed down the toilet on their watch. Traders can always play the systemic risk trump card. It is the ultimate in capitalism – the privatization of gains, the socialization of losses.
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Satyajit Das (Traders, Guns and Money: Knowns and Unknowns in the Dazzling World of Derivatives (Financial Times Series))
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intrusion: someone had accessed and exfiltrated 19.7 million security clearance applications. Not only was the applicant information stolen, but the applications themselves revealed information about 1.8 million nonapplicants referenced in the applications, mostly family members. Even worse, they got transcripts of interviews conducted by background investigators, along with the usernames and passwords that applicants had used to fill out forms online, and 5.6 million fingerprint files. We all but knew from the start that Chinese intelligence was responsible for the theft, and the counterintelligence implications were staggering, not just from what they had, but from what they didn’t have. OPM didn’t conduct security clearance investigations for all of the IC elements, and whoever had the wherewithal to penetrate its systems would certainly know which agencies and departments OPM conducted investigations for and which they didn’t. They could therefore also start making assumptions about cover for cleared people whose files they didn’t have.
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James R. Clapper (Facts and Fears: Hard Truths from a Life in Intelligence)
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NSA Surveillance Scandals The VA Scandal The Bergdahl Swap President Stonewall Intelligence Manipulation Scandals Hillary Clinton’s Email Scandal The OPM Hacking Scandal EPA Environmental Scandals The Iran Ransom Scandal The Trump Surveillance Scandal NSA/FISA Scandal Uranium One Scandal Project Cassandra Scandal Conclusion Acknowledgements
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Matt Margolis (The Scandalous Presidency of Barack Obama)
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Your first step in running IT like a business is to stop thinking of IT investments as OPM (other people's money) and treat it as if it were your own.
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Martha Heller (Be the Business: CIOs in the New Eras of IT)
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If you intend to put together deals using OPM, you are a Real Estate Entrepreneur; NOT a Real Estate Investor. As such, this business has nothing to do with the amount of your personal resources.
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Lance Edwards (How to Make Big Money in Small Apartments)
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LIFE PLAN FOR YOUR DREAM
Plan A - Apply for a job and use it to Finance Your dream.
Plan B - Borrow Other People's Money (OPM) to Finance your dream if you don't want the job route.
Plan C - Consider working full time and pursue your dream part-time.
Plan D - Diligently work on your dream until it overtakes your job.
Plan E - Effect a paradigm shift by making your dream full time and your job part time.
Plan F - F means time to Fire your boss.
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Oscar Bimpong
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It's time to wake up and smell the Mutating Hash! Signature Based Malware Detection is Dead
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James Scott, Senior Fellow, Institute for Critical Infrastructure Technology
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While a rich man cannot have more than 1440 minutes a day, a clever man makes more time by using OPM or Other Peoples Minutes.-RVM
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R.V.M.
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Foundation managers need to keep the message of O.P.M. in mind in more than one way. Of course, the money they spend is other people’s money because it came originally from one or more donors. But it is also other people’s money to the extent that taxpayers shoulder part of the cost of the foregone revenue from the capital and income earned on that capital through the tax breaks that foundations enjoy. For this reason, the taxpayers, too, have an interest in how wisely and well foundation money is spent. Thus, the general public has a real, tangible, even proprietary interest in a foundation’s deployment of its assets and in all of the ways it makes its decisions.
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Joel L. Fleishman (The Foundation: A Great American Secret; How Private Wealth is Changing the World)
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Similar to the value of personal data that could be obtained in the OPM breach, medical records also offer an attractive bounty to criminals looking to commit more targeted fraud or steal someone's identity. “When someone has your clinical information, your bank account information, and your Social Security number, they can commit fraud that lasts a long time,” Pam Dixon, executive director of the World Privacy Forum, told Monitor correspondent Jaikumar Vijayan in March after the Premera Blue Cross breach. “The kind of identity theft that is on the table here is qualitatively and quantitatively different than what is typically possible when you lose your credit card or Social Security number.” What's more, it often takes longer for victims to discover that medical data has been stolen than to realize that his or her credit card is being used. Consequently, medical data theft can lead to a variety of long-term problems including damaged credit, misdiagnosed illnesses, and unwarranted medical charges. Personal data has become such a valuable commodity that it's outpacing stolen credit cards on the black markets.
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Anonymous
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it," John Hultquist, the senior manager of cyberespionage threat intelligence at iSight, told The New York Times. Similar to the value of personal data that could be obtained in the OPM breach, medical records also offer an attractive bounty to criminals looking to commit more targeted fraud or steal someone's identity. “When someone has your clinical information, your bank account information, and your Social Security number, they can commit fraud that lasts a long time,” Pam Dixon, executive director of the World Privacy Forum, told Monitor correspondent Jaikumar Vijayan in March after the Premera Blue Cross breach. “The kind of identity theft that is on the table here is qualitatively and quantitatively different than what is typically possible when you lose your credit card or Social Security number.
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Anonymous
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While a rich man cannot have more than 1440 minutes a day, a clever man makes more time by using OPM or Other People's Minutes.-RVM
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R.V.M.
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You have to kind of salute the Chinese for what they did,” noted Director of National Intelligence James Clapper after the OPM breach.80 From an intelligence perspective, it was a masterstroke.
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Amy B. Zegart (Spies, Lies, and Algorithms: The History and Future of American Intelligence)
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China is also believed to be behind hacks of Anthem insurance (80 million records), Marriott (400 million records), and Equifax’s 146 million credit records covering nearly every adult in America.78 All of this information can be used to blow intelligence covers and identify and pressure vulnerable targets to betray the United States.79 It’s an intelligence bonanza for Beijing and a nightmare for Washington—the largest and most sophisticated intelligence database ever collected against an adversary. “You have to kind of salute the Chinese for what they did,” noted Director of National Intelligence James Clapper after the OPM breach.80 From an intelligence perspective, it was a masterstroke.
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Amy B. Zegart (Spies, Lies, and Algorithms: The History and Future of American Intelligence)
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Actual estate is a form of funding
Real estate is a form of funding and is shortly being adopted by many individuals. The advantages of real property investments are many as mentioned here.There's a widespread adage that says don't put all your eggs in a single basket. That is the place actual property steps in to provide diversification. Diversification means spreading the danger of your cash. Real estate gives one other way of investing money relatively than investing it multi function place.
One other advantage of real estate investment is that it ensures one a supply five on shenton of income for a very long time. It's because actual estate will at all times have shoppers who need to purchase or lease homes or premises for residential or enterprise functions respectively. This form of funding serves as a further income other than the normal wage one receives. Better still while you retire it is going to nonetheless be your revenue source. The other benefit is that one doesn't should be bodily present to get the revenue.
Thirdly, you get to have leverage over all OPMS. It's easy for an individual who is in actual property to get a house and pay it off over a long time period. Generally the deal is so good that some brokers get as many as 30 years to pay off their mortgages! It's also a way of leaving one’s legacy behind that will probably be remembered for a few years to come even after one’s demise. Regardless of the very fact of the massive sum of money required to begin, the benefits of real estate investments that you're going to get are simply many.
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Corey Feldman
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While a rich man cannot have more than 1440 minutes a day, a clever man makes more time by using OPM or Other People's Minutes.
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R.V.M.
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You can keep the Office of Personnel Management records, I don't need Electronic Health Records, give me the metadata, big data analytics and a custom tailored algorithm and a budget and during election time, I can cut to the psychological core of any population, period!
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James Scott, Senior Fellow, Institute for Critical Infrastructure Technology