Loading ...I don’t know how you got that idea or view of me. After all these years? I’m surprised at you. I always tell people that have had big economic or financial trouble, and disappointment? I tell them “It was not your fault, its the governments fault”. “Don’t feel bad” “Don’t blame yourself” “Its a gamble economy” “The system will make a smart person look dumb, and make a dumb person look smart”.
A friend of mine had built 12 high end townhouses during the real estate boom of 2001 to 2008 after 9/11 and the dot com bust. They were supposed to sell for $469,000 and up, but the permits and the project took too long and the real estate crisis hit before he finished.
He was extremely upset, a huge layout of money. Plus he had to pay property tax $6,000 each unit, $72,000 per year while empty. He was desperate. He sold the best end unit for $350,000, and had to start renting the others with option to buy. We used to hang out in one of the units. He was feeling very bad, and he knew I was doing good at that time with stocks. Thats when I told him,
“Steve, it was not your fault, its the governments fault” “Don’t feel bad” “Don’t blame yourself” “Its a gamble economy” “The system will make a smart person look dumb, and make a dumb person look smart”.
Then the wise ass that he is, says to me ? Is that why you look smart now?” LOL implying I’m dumb and he’s smart.