Applying Jeff Bezos’ investment philosophy

Shaquille O’Neal is one of the most beloved international athletes by the public thanks to the charism that has demonstrated both on and off the court. His 19 years of sports career contributed the most prestigious trophies and awards, but attributes his great fortune to A advice from Jeff Bezos. The Jeff Bezos effect. According to The American medium Celebrity Net WorthShaquille O’Neal has an estimated assets of 500 million dollars. The popular NBA player, revealed In an interview for The Wall Street Journal How he managed to multiply his fortune by four. The secret of its financial success lies in a significant change in its way of investing. O’Neal decided to adopt the investment philosophy of the founder of Amazon, Jeff Bezos. “I heard Jeff Bezos say once he makes his investments based on whether they are going to change people’s lives. Once I began to use that strategy, I think I probably quadrupled my heritage,” explained the former sportsman. Invest in what you think. The change of approach inspired by Bezos led O’Neal to assess the sense of investments and not so much short -term profitability. As explained in the interview, the athlete tries to invest in those proposals that are aligned with their personal values ​​and tastes. “When I do business it is never the economic aspect. It’s about changing people’s lives,” said the former Lakers player. That led him to invest in companies that did products that he liked. Among its investment portfolio we find the Apple technology, the Pope John’s pizzas, the Five Guys hamburgers or Krispy Kreme’s breakfasts. “Krispy Kreme makes fabulous donuts. I met them at the university and I have been in love with their donuts since then and now I have some of their franchises. I will try to get some more. I want to be part of that business, “O’Neal confessed. Google’s miracle. During his interview, O’Neal confessed that one of his best investments by far almost by chance. Someone came to tell him about a new technological company that was taking off. It turned out to be Google. The millionaire did not give details about the amount of investment, but according to data from the Investment portal The Montley Foolan investment of $ 10,000 in Google in 2004, today it would be valued at more than $ 300,000. “I invested in it and completely forgot. After time I read an article about the great success of the first investors,” said the four -time NBA champion. Jeff Bezos took Amazon. Jeff Bezos’ advice made, for the hazards of destiny, Shaquille O’Neal did a good business at the expense of Amazon. O’Neal wanted to improve the safety of his home, so he decided to try some Ring home products. What he saw so much that he not only bought the products, but also invested in the company. In 2018, Amazon bought ring for 1 billion, multiplying the initial investment of O’Neal. Invest in companies, not in benefits. The investment philosophy that has led Shaquille O’Neal to success It is not very different of which the fortune of one of the investors has been holding for six decades more respected from Wall Street: Warren Buffett. According to Buffett, the Secret to hit It is investing in business models, with stable economic characteristics and reliable managers, maintaining their positions for long periods, instead of operating based on short -term price fluctuations. Like O’Neal, Buffett has been investing in products that he personally consumes, as in Coca-Cola, the brand that manufactures Your favorite soda. In Xataka | Jeff Bezos has built a successful empire: six fears have defined his career Image | Flickr (Ukinusa, Techcrunch)

The Washington Post had always been a progressive newspaper. Jeff Bezos has just decided that it is over

Jeff Bezos, the third greatest fortune in the world and owner of the Washington Post, has generated An intense debate In the media panorama after publishing In his X profile Your intention to apply a radical change In the editorial line of the newspaper’s opinion section, focusing exclusively on two pillars: personal freedoms and free market. This turn has caused the resignation of the opinion editor, David Shipley, as well as that of Other historical journalists of the medium, and has been interpreted as a movement towards a most aligned ideological posture with the values ​​of capitalism and conservative policies of the current government of Donald Trump. Bezos’s message. As Bezos wrote, this decision responds to the need to adapt and differentiate itself in the digital age, where the Internet already offers a diversity of opinions. “There was a time when a newspaper, especially one that was a local monopoly, could have seen it as a service to take to the reader’s door every morning a wide -based opinion section that tried to cover all the points of view. Today, the Internet does that work,” Bezos wrote in his statement. Change lamented by some, held by others. The change He has raised criticism Among the historical editors of the medium, and is perceived as a limitation to plurality that historically characterized the opinion tribune of the Washington Post. “I am from the United States and I am in favor of the United States, and I am proud of it. Our country did not become like others, and much of the success of the United States has been freedom in the economic sphere and everywhere. Freedom is ethical – it minimizes coercion – and practice – impuls Infraerentized in the current media landscape. On the other hand, outstanding personalities of the sphere of the Republican Party, such as Charlie Kirk, founder of TURNING Point USA, They praised the change. Elon Musk, main competition of Bezos in the space race, Applauded Jeff Bezos’ decision publishing a message on his social network “Bravo, Jeff Bezos!”. Touch the image to go to the original message The culmination of a turn. This announcement represents the culmination of the turn in the editorial line of the media, which began to demonstrate after the order that Jeff Bezos sent to those responsible for the newspaper withdrawing support of the Washington Post to the Democratic candidacy of Kamala Harris before the presidential elections. That decision placed the American environment In a position of equidistancewhich is now completed with a positioning towards Republican postulates. Long Democratic Tradition. As publishes EFE, the newspaper had maintained support for Democratic candidacies since 1976 (with the only exception of the 1988 candidacy). The newspaper supported Hillary Clinton in the 2016 elections and Joe Biden in 2020, in which both faced Donald Trump, maintaining a very critical editorial line with the New York millionaire during his first term. The positioning of the Washington Post In the last elections It was the first time, since Jeff Bezos bought the newspaper in 2013, that the millionaire intervened in the newspaper of the newspaper. Another prominent fact in the change in the editorial line of the Washington Post was Waiver of the cartoonist Ann Telnaes after the rejection of the means of publishing a drawing in which Jeff Bezos and other executives of large corporations were seen leaning before a statue of Donald Trump. Millionaires and Trump’s influence. This change reflects a broader tendency among technological leaders who fight for occupying a place in the area of ​​influence of President Donald Trump and obtaining A favorable treatment for your companies. Elon Musk, he won his position as the right hand of the president and executor of the Cutting policies initiated by Doge being The main donor in the electoral campaign of Donald Trump. Other magnates like Mark Zuckerberg, have adjusted the Moderation policies in goal to align with the postulates of the Trump administration. For his part, Tim Cook recently announced A multimillionaire investment Apple in the United States, aligning the company with the wishes of the new president of industrial reinvestment in the United States. In Xataka | A government “Extremely Hardcore”: Elon Musk is applying to the US the same recipe that has applied to all its companies Image | Dvids (Anthony Nelson)

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