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Old 06-10-2005, 01:31 PM   #1
Semi-Retired-Dave
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Do you guys have someone to look up to in life to Motivate you??? Here is mine...

I have envied this guy since I didn't have 20 bucks in my account.
I still enjoy reading up on him everytime I get a chance.

Just a few I can name.

Trump. (Not too Crazy about)
Richard Branson (My second favorite)

But my favorite by far...
Kirk Kerkorian
http://news.yahoo.com/news?tmpl=stor...llsthediceat88

If you do, who do you guys look up too?
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Old 06-10-2005, 01:37 PM   #2
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cool fucking guy !
I need to read more about him.
Trump is worthless though

I think it's great to aspire to be like someone, I've been fortunate enough to meet my 4 idols in life.
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Old 06-10-2005, 01:45 PM   #3
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I don't have a mentor per se. I look up to different people for different reasons and try to incorporate the features that I like about them into myself.

That's a long article about Kirk, I'll try to read it sometime. He's clearly led a fruitful life. It's nice to see somebody being able to enjoy what they do at his age.

What is it about him specifically that you look up to over other wealthy men?
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Old 06-10-2005, 02:09 PM   #4
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Hello Dave,

How are you doing! Whats new at CyberAge?

I look up to my Father (may he rest in peace). His birthday would have been tomorrow. He worked his ass off for decades to provide a better life for his family . He did the right thing because it was the right thing to do. He passed on his learned lessons to his kids even when we wouldn't listen, they eventually all turned out to be true. Work hard, treat people the way you want to be treated. Never give up. And always be there for your family. So I'd have to say I look up to my pops the most.

Have a great weekend!

Joe S.
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All the best!
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Old 06-10-2005, 02:47 PM   #5
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Quote:
Originally Posted by Mike33
I don't have a mentor per se. I look up to different people for different reasons and try to incorporate the features that I like about them into myself.

That's a long article about Kirk, I'll try to read it sometime. He's clearly led a fruitful life. It's nice to see somebody being able to enjoy what they do at his age.

What is it about him specifically that you look up to over other wealthy men?
I don't think its the wealthy part I look at, I look more at where they came from, how they got started. The moves they make. The Empires they create.
More of the business side of things. People take chances and sometimes they are for the good and sometimes it back fires on them.

Money is cool but after a while its just a numbers game for these guys, its more about the power and business moves that amaze me and interest me.

That's all.
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Old 06-10-2005, 03:00 PM   #6
Semi-Retired-Dave
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Quote:
Originally Posted by FileSafeGuard-Joe
Hello Dave,

How are you doing! Whats new at CyberAge?

I look up to my Father (may he rest in peace). His birthday would have been tomorrow. He worked his ass off for decades to provide a better life for his family . He did the right thing because it was the right thing to do. He passed on his learned lessons to his kids even when we wouldn't listen, they eventually all turned out to be true. Work hard, treat people the way you want to be treated. Never give up. And always be there for your family. So I'd have to say I look up to my pops the most.

Have a great weekend!

Joe S.
Things are great at CyberAge, thanks for asking.

Great story Joe, and very well said.
My father passed about 18 years ago.
I can relate you. Just the way you sound here sounds like he did a great job with raising you. They are always right even when we doubt them, that was in my case too. I was just way too young to realize it then.
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Old 06-10-2005, 03:09 PM   #7
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Wow, that guy started with $60,000 and now has over $9 billion! Impressive:

A deal maker's long career of bold investments

1947: Kirk Kerkorian buys an air charter called Los Angeles Air Service for $60,000. It owns a DC-3, a Beechcraft and a Cessna. The company is later renamed Trans International Airlines.

1962: Sells the airline to Studebaker Corp.

1964: Buys back the airline.

1968: Sells the carrier to Transamerica for stock that eventually nets him $104 million.

1968: Acquires controlling 30% stake in Los Angeles-based Western Airlines.

1969: Forms International Leisure Corp. and sells 17% to the public for $26.5 million. The company acquires the Flamingo hotel-casino in Las Vegas and builds the International, the first successful Las Vegas casino not on the Strip.

1969: Purchases control of Culver City-based Metro-Goldwyn-Mayer.

1970-71: Sells two Las Vegas hotels to Hilton Hotels.

1973: Reenters casino gambling with construction of MGM Grand Hotel in Las Vegas.

1976: Sells remaining 17% stake in Western Airlines back to the company for $30.6 million.

1978: Accumulates 25.5% stake in Columbia Pictures. After overcoming antitrust objections, attempts a takeover but gives up in 1980 after a bitter battle with management.

1980: Spins off MGM casino operations into separate public company, retaining controlling stakes in both.

1981: Arranges MGM acquisition of United Artists after losing out to Marvin Davis in bid to acquire 20th Century Fox.

1982: Creates MGM/UA Home Entertainment to license MGM films for home video, sells 15% of the stock to the public, then buys it back.

1983: Makes but then withdraws offer to buy all shares of MGM/UA that he doesn't own.

1984: Makes abortive effort to acquire control of Walt Disney Productions.

1985: Spins off United Artists as a separate public company. Buys the 30% of MGM Grand Hotels he doesn't own for $126 million and months later sells its Las Vegas and Reno hotels to Bally Manufacturing for $440 million.

1986: Ted Turner buys MGM for $1.5 billion, but a financial squeeze forces him to sell back MGM's name, logo and production and distribution assets. Turner keeps about 3,000 film titles.

1987: Kerkorian starts luxury airline MGM Grand Air. Agrees to buy the venerable Desert Inn and Sands hotels on the Las Vegas Strip from Summa Corp.

1990: Italian businessman Giancarlo Parretti buys MGM/UA for $1.3 billion. Within a year, lender Credit Lyonnais seizes the studio when Parretti fails to make payments.

1990: Kerkorian buys 9.8% of Chrysler Corp.

1991: Makes a failed bid for Trans World Airlines with TWA unions.

1992: MGM Grand Air shuts down.

1995: Makes a bid for Chrysler but is unsuccessful.

1996: Buys MGM for the third time for $1.3 billion, with Australian broadcaster Seven Network.

1998: Buys out Seven Network, gaining a 90% interest in the company. Acquires PolyGram's film library.

2000: MGM Grand buys Mirage Resorts for $4.4 billion.

2000: Kerkorian files a $9-billion securities fraud suit against DaimlerChrysler over the German automaker's merger with Chrysler.

2001: Cuts stake in DaimlerChrysler almost a third.

2002: Seeks a new buyer for the MGM studio.

2004: MGM Mirage announces it will buy Mandalay Resort Group, dramatically increasing Kerkorian's investment on the Las Vegas Strip.

April: A federal court rules for DaimlerChrysler in Kerkorian's suit.

April:
Sony Corp (SNE.N). and partners complete a $4.9-billion purchase of MGM from Kerkorian.

May: Kerkorian announces that he owns nearly 4% of General Motors and says he intends to double his stake.

Wednesday: His company says it increased its GM ownership to 7.2%, missing Kerkorian's investment target.
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Old 06-10-2005, 03:52 PM   #8
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I just look up to you man!

But Kirk is Bad ass! No Doubt!
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Old 06-10-2005, 03:54 PM   #9
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Old 06-10-2005, 03:56 PM   #10
Semi-Retired-Dave
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Quote:
Originally Posted by tranza
Wow, that guy started with $60,000 and now has over $9 billion! Impressive:

A deal maker's long career of bold investments

1947: Kirk Kerkorian buys an air charter called Los Angeles Air Service for $60,000. It owns a DC-3, a Beechcraft and a Cessna. The company is later renamed Trans International Airlines.

1962: Sells the airline to Studebaker Corp.

1964: Buys back the airline.

1968: Sells the carrier to Transamerica for stock that eventually nets him $104 million.

1968: Acquires controlling 30% stake in Los Angeles-based Western Airlines.

1969: Forms International Leisure Corp. and sells 17% to the public for $26.5 million. The company acquires the Flamingo hotel-casino in Las Vegas and builds the International, the first successful Las Vegas casino not on the Strip.

1969: Purchases control of Culver City-based Metro-Goldwyn-Mayer.

1970-71: Sells two Las Vegas hotels to Hilton Hotels.

1973: Reenters casino gambling with construction of MGM Grand Hotel in Las Vegas.

1976: Sells remaining 17% stake in Western Airlines back to the company for $30.6 million.

1978: Accumulates 25.5% stake in Columbia Pictures. After overcoming antitrust objections, attempts a takeover but gives up in 1980 after a bitter battle with management.

1980: Spins off MGM casino operations into separate public company, retaining controlling stakes in both.

1981: Arranges MGM acquisition of United Artists after losing out to Marvin Davis in bid to acquire 20th Century Fox.

1982: Creates MGM/UA Home Entertainment to license MGM films for home video, sells 15% of the stock to the public, then buys it back.

1983: Makes but then withdraws offer to buy all shares of MGM/UA that he doesn't own.

1984: Makes abortive effort to acquire control of Walt Disney Productions.

1985: Spins off United Artists as a separate public company. Buys the 30% of MGM Grand Hotels he doesn't own for $126 million and months later sells its Las Vegas and Reno hotels to Bally Manufacturing for $440 million.

1986: Ted Turner buys MGM for $1.5 billion, but a financial squeeze forces him to sell back MGM's name, logo and production and distribution assets. Turner keeps about 3,000 film titles.

1987: Kerkorian starts luxury airline MGM Grand Air. Agrees to buy the venerable Desert Inn and Sands hotels on the Las Vegas Strip from Summa Corp.

1990: Italian businessman Giancarlo Parretti buys MGM/UA for $1.3 billion. Within a year, lender Credit Lyonnais seizes the studio when Parretti fails to make payments.

1990: Kerkorian buys 9.8% of Chrysler Corp.

1991: Makes a failed bid for Trans World Airlines with TWA unions.

1992: MGM Grand Air shuts down.

1995: Makes a bid for Chrysler but is unsuccessful.

1996: Buys MGM for the third time for $1.3 billion, with Australian broadcaster Seven Network.

1998: Buys out Seven Network, gaining a 90% interest in the company. Acquires PolyGram's film library.

2000: MGM Grand buys Mirage Resorts for $4.4 billion.

2000: Kerkorian files a $9-billion securities fraud suit against DaimlerChrysler over the German automaker's merger with Chrysler.

2001: Cuts stake in DaimlerChrysler almost a third.

2002: Seeks a new buyer for the MGM studio.

2004: MGM Mirage announces it will buy Mandalay Resort Group, dramatically increasing Kerkorian's investment on the Las Vegas Strip.

April: A federal court rules for DaimlerChrysler in Kerkorian's suit.

April:
Sony Corp (SNE.N). and partners complete a $4.9-billion purchase of MGM from Kerkorian.

May: Kerkorian announces that he owns nearly 4% of General Motors and says he intends to double his stake.

Wednesday: His company says it increased its GM ownership to 7.2%, missing Kerkorian's investment target.
That is one hell of a life. And he aint stopping.
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Old 06-10-2005, 03:59 PM   #11
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Wasn't Kirk the one who married the young tennis player and when she sued him for child support it came out that they used someone else's sperm? I could be wrong on that though, lol!
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Old 06-10-2005, 04:01 PM   #12
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# 1991 Meets tennis pro Lisa Bonder and they enter long relationship.
# 1998 Kira Rose Kerkorian born to Lisa Bonder. Kirk voluntarily begins paying $20,000 a month in child support, later raising the amount to $50,000 a month. In a massively public court case, Lisa petitions to raise the monthly child support from $50,000 a month to $320,000 a month. Father later determined to be Steve Bing, who is also the father of Elizabeth Hurley's child. A breach of privacy suit was filed against Kerkorian by Bing.
# 1999 Kerkorian married tennis pro Lisa Bonder for the prearranged period of 30 days, because Lisa wanted to "legitamize" Kira.

I just thought that was interesting - I'm a chick

Last edited by Peaches; 06-10-2005 at 04:03 PM..
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Old 06-10-2005, 04:02 PM   #13
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That's the problem?...I gotta get a mentor
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Old 06-10-2005, 04:03 PM   #14
Drake
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Quote:
Originally Posted by CyberAge-Dave
I don't think its the wealthy part I look at, I look more at where they came from, how they got started. The moves they make. The Empires they create.
More of the business side of things. People take chances and sometimes they are for the good and sometimes it back fires on them.

Money is cool but after a while its just a numbers game for these guys, its more about the power and business moves that amaze me and interest me.

That's all.
Ditto
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Old 06-10-2005, 04:13 PM   #15
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weed is my antidrug
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Old 06-10-2005, 04:17 PM   #16
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60.000 in 1947 was not chump change... That was a lot of money...!
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Old 06-10-2005, 04:18 PM   #17
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Didn't Kerkorian make something like $60million yesterday?
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