How To Invest 100 Million : Retirement Thrift Investment Board.
How To Invest 100 Million
- the number that is represented as a one followed by 6 zeros
- a very large indefinite number (usually hyperbole); "there were millions of flies"
- The number equivalent to the product of a thousand and a thousand; 1,000,000 or 106
- Several million things or people
- The numbers from a million to a billion
- (in Roman numerals, M written with a macron over it) denoting a quantity consisting of 1,000,000 items or units
- Devote (one's time, effort, or energy) to a particular undertaking with the expectation of a worthwhile result
- Buy (something) whose usefulness will repay the cost
- make an investment; "Put money into bonds"
- Expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture
- endow: give qualities or abilities to
- furnish with power or authority; of kings or emperors
- Year 100 BC was a year of the pre-Julian calendar.
- hundred: ten 10s
- hundred: being ten more than ninety
how to invest 100 million - How I
How I Sold 1 Million eBooks in 5 Months
Now, for the first time ever, John Locke reveals the marketing system he created to sell more than 1,100,000 eBooks in five months! His Credentials: John is the eigth author in the world-and the first self-published author in history-to have sold 1 million eBooks on Kindle! He is the first self-published author to hit #1 on the Amazon/Kindle Best Seller's List, and the first to hit both #1 and #2 at the same time! He is a New York Times best-selling author! He has been featured in the Wall Street Journal and Entertainment Weekly! He has had 4 of the top 10 books on Amazon/Kindle at the same time, including #1 and #2! He has had 7 books in the top 34 and 8 books in the Top 50 at the same time! These numbers are not positions within a category. They are positions that include all Kindle sales including fiction, non-fiction, magazine subscriptions, and game apps! By the middle of March, 2011, it had been calculated that "every 7 seconds, 24 hours a day, a John Locke novel is downloaded somewhere in the world." ...All this was achieved PART TIME, without an agent, publicist, and at virtually no marketing expense!
Liu Xiang’s Exit Raising Questions of Cover-Ups
The withdrawal of China’s most popular and most hyped athlete, 110 meter hurdles champion Liu Xiang, is raising many questions in the Chinese community whether or not Liu’s injury was known before race day, and whether or not his withdrawal moments before the event was a well-planned maneuver to sell tickets and focus the interest of the Chinese community on the Olympics. Many Chinese analysts suspect that the most likely cause of Liu’s breakdown is a combination of the enormous pressure placed on him by the Chinese regime to win the gold and the enormous mental pressure of his sponsorship contracts and fame. Last year in a press conference, Liu’s coach Sun Haiping said, “Leaders told us that, if Liu Xiang could not win the gold medal in Beijing, all of his achievements before will be meaningless.” After winning the gold in the 2004 Athens Games, Liu’s face was plastered all over China in commercials and numerous corporate sponsorships such as Nike, Coca-Cola, Visa, Cadillac and Lenovo. In the Chinese sports circle, Liu’s fame can only be contested by NBA star Yao Ming. In an interview with the UK’s Telegraph, Liu’s former coach Gu Baogang revealed that Liu had been injured during training as late as July. "He never had any injuries before he hurt his foot in June," Gu said. "But that injury was not too bad. After the Bird's Nest was finished, he trained in the stadium in July and hurt his foot again." Gu also commented on the pressure Liu was facing. “Liu Xiang has no freedom in China…He is respected and loved, but he leads a really boring life and cannot go out much,” Gu said. “He feels more relaxed when he races outside China. It would be better if he was in an environment that is more like a foreign country, with less attention. "He is the only competitive athlete in China's track and field team so he has been under constant pressure, including from the high hopes of government officials." According to a Chinese internet forum, a poster under the alias “NIKEinsider” states that injuries weren’t the only thing burdening Liu. The insider gave a detailed account of how Liu Xiang had been preoccupied with sponsorship activities and advertising opportunities one after another, and thus had little time for intensive training. It continued to say that this led to Liu’s physical condition no longer meeting high-level competitive standards, and that plans were made to have Liu quit the race to save both his own face, and that of his sponsors. According to reports, Liu Xiang was not at the Opening Ceremony so he could save his strength and energy. Chinese media reported that he did not join the Olympic Village until Aug. 16, and it wasn’t until Aug. 17 that Liu began to appear inside the National Stadium. This news led several other Chinese internet posters to raise questions about possible behind-the-scenes control of the situation by the Chinese Communist Party. “Liu Xiang has the ability to attend the competition. If he has to quit, it should have been announced beforehand. They should not wait until the competition had started. This is not Liu Xiang’s fault. He indeed has injuries. But everything can be announced earlier,” said one poster. “Why was there no announcement and instead, there was so much promotional effort to hype it up? Did they do this to sell more tickets?” they asked. China’s 90,000 seat National Stadium, also known as the “Bird’s Nest,” was running at over 90 percent capacity for the 110 meter hurdles preliminary heat. When Liu Xiang had to withdraw from the race, more than 60 percent of that audience left immediately, showing obvious signs of disappointment and tears. Sponsors certainly had a lot invested in Liu Xiang’s performance. Ding Bangqing, deputy Chairman of the Board for the Guangdong Advertising Company told Dongnan Newsflash newspaper, “Liu Xiang’s withdrawal will definitely negatively impact the profit and operation of the sponsor companies. Since the pricing of Liu Xiang’s advertisement is at least 10 million yuan, and considering that many companies use Liu in the advertisement, I personally think the loss of Liu this time will be over 100 million yuan, while for those sponsors, the losses will be over 3 billion yuan.” As of August 18, there have been reports that both a Lenovo ad featuring Liu and a Visa ad referring to Liu’s world record which he won in Switzerland 2006 that says “Refresh the Dream, 12.88 seconds,” have been cancelled.
New media business
Do you think that the media business has become permanently less profitable due to new technology? WB: People will always want to be entertained and informed. But people just have two eyeballs, and there are only 24 hours in a day. Fifty or 60 years ago, media for most people consisted of the local movie theater, radio, and the local newspaper. Now people have a variety of ways of being informed faster (if not necessarily better), and have more entertainment options, too. But no one has figured out a way to increase the time available to watch entertainment. Whenever more competitors enter a business, the economics of that business tends to deteriorate. Newspapers are still highly profitable, but returns are falling. The size of the audience for network TV is declining. For years, cable TV was thought to operate in its own world, but that’s changing. Few businesses get better with more competitors. The outlook for newspapers is not great. In the TV business, a license from the government was essentially the right to a royalty stream. There were basically three highways to people’s eyeballs, and companies like P&G, Ford, Gillette, and GM would pay a significant amount of money to be get on those highways and advertise their products to a mass audience. But as the ways to get in front of people’s eyeballs increases, the value of those highways goes down. World Book used to sell 300,000 sets per year in the mid-1980s, each for $600. Then the Internet cam along; it didn’t require printing or shipping, and people became less willing to pay for World Book sets. It doesn’t mean that it’s not worth $600. But competition has eroded returns. CM: It’s a rare business that doesn’t have a way worse future than it has a past. WB: The thing to do was to buy the NFL when it was first organized. There are now more ways than ever to transit events; value can be extracted from them in different ways.If you were looking at newspaper publishers as possible investments, what would you use as a margin of safety? WB: What multiple should you for a company that earns $100 million per year whose earnings are falling by 5% per year rather than rising by 5% per year? Newspapers face the prospect of seeing their earnings erode indefinitely. It’s unlikely that at most papers, circulation or ad pages will be larger in five years than they are now. That’s even true in cities that are growing. But most owners don’t yet see this protracted decline for what it is. The multiples on newspaper stocks are unattractively high. They are not cheap enough to compensate for the companies’ earnings power. Sometimes there’s a perception lag between the actual erosion of a business and how that erosion is seen by investors. Certain newspaper executives are going out and investing on other newspapers. I don’t see it. It’s hard to make money buying a business that’s in permanent decline. If anything, the decline is accelerating. Newspaper readers are heading into the cemetery, while newspaper non-readers are just getting out of college. The old virtuous circle, where big readership draws a lot of ads, which in turn draw more readers, has broken down. Charlie and I think newspapers are indispensable. I read four a day. He reads five. We couldn’t live without them. But a lot of people can now. This used to be the ultimate bulletproof franchise. It’s not anymore. CM: I used to think that GM was a bulletproof franchise. Now I’d put GM and newspapers in the “Too Hard” pile. If something is too hard to do, we look for something that isn’t too hard. What could be more obvious? WB: It may be that no one has followed the newspaper business as closely as we have for as long as we have—50 years or more. It’s been interesting to watch newspaper owners and investors resist seeing what’s going on right in front of them. It used to be you couldn’t make a mistake managing a newspaper. It took no management skill—like TV stations. Your nephew could run one.