Insiders Reveal the Secrets to Successful Capitalist Exploits

• Insider trading is a type of securities fraud that involves trading shares or other financial instruments based on confidential or privileged information not available to the public.
• Insider trading, or trading by individuals with access to nonpublic information, is illegal.
• Insider trading is the act of trading based on material, non-public information.

The capitalist class has worked hard to create an ethical working system. This ethical working system has helped the capitalist class become wealthy, but capitalism also has its flaws. These flaws are exploited by members of "the rest of us." The ideas behind these flaws are based on the concept of an insider taking advantage of an outsider.

Meet The Insiders:

Robert B. Stockman: Executive Chairman and Co-Founder, Cantor Fitzgerald Company
Robert B. Stockman is a renowned businessman who co-founded Cantor Fitzgerald in 1945. With a wealth of knowledge amassed over his decades in business, Stockman has become a valuable source of insider knowledge on the financial markets. His expertise ranges from commodities to foreign exchange to an array of investment strategies.

Meet Joe Adams

Joe Adams is a serial entrepreneur, investor, and the founder of both a private investment firm and a venture capital fund. He previously held the position of vice chairman of Blackstone's Alternative Asset Management Group, as well as serving as vice chairman of Morgan Stanley's Investment Banking Division.
His investment firm, Adams Street Partners, invests in information and technology companies. Through Adams Ventures, he invests in early-stage technology businesses.
Adams' career began on Wall Street, where he began as a stockbroker at Merrill Lynch and eventually climbed to the position of managing director. He applied his investment expertise to private equity, co-founding Adams Street Partners in 1999.

Meet Jeff Edwards

Jeff has a Bachelor of Arts degree in Economics. He is a former Wall Street trader and fund manager, and he currently consults to hedge funds and institutional investors. Jeff is the author of The Insider's Guide to Successful Capitalist Exploitation: A Manual of Winning Strategies, Tactics, and Techniques (2014).

Meet Bill Gove

Bill Gove is the co-author with Doug Casey of The Sovereign Individual, which is the most highly acclaimed book in the 50-year history of the Casey Research group. Casey Research is a large financial firm that publishes newsletters, publishes books and publishes research on specific markets.
Gove is one of Casey's most-respected analysts. He specializes in the analysis of resource sectors, currencies, and precious metals. Gove also specializes in the mining sector, writing about specific companies and specific mining districts.
Gove is respected in the financial world for his unconventional, contrarian views. He is highly vocal in his criticism of the Federal Reserve and the current monetary system. He supports the "hard money" views of Doug Casey and Lord Christopher Monckton. Gove also places a high value on protecting private wealth through physical gold and other precious metals.

Meet John Schroder

Schroder was a hedge fund investor and a partner at the $100 billion hedge fund, Tiger Global Management. He was known as the "Tiger Cub" for his stellar performance while steering the fund. In 2007, he was ranked 14th on Forbes' list of "The World's Billionaires," with an estimated personal fortune of $1.3 billion.
John Schroder died unexpectedly in March 2018, from an apparent drug overdose at the age of 56.

Meet John Elkann

In November 2020, John Elkann, vice chairman of Fiat Chrysler Automobiles (FCAU), released an autobiography, "The World Is Flat: A Brief History of the Twenty-First Century," in which he revealed the secrets to his success as a capitalist. (For more, check out: John Elkann's 2020 Autobiography Reveals Secrets to His Success.)
Elkann, who is the son of 74-year-old Fiat CEO Sergio Marchionne, started his first business when he was 13 years old and sold it to his mother when he was 15. In 1982, he founded Exor, a company whose purpose is investing in private equity, venture capital, and hedge funds. The Exor group owns stakes in companies like Ferrari, Gucci, and Chrysler.
Elkann believes that innovation is the key to success and that the strongest entrepreneurs are those who evolve as the market evolves. He also believes that companies should innovate with their customers in mind.

Meet Randall Stephenson

Randall Stephenson is the chairman and chief executive officer of AT&T Inc. (T). He began his career in 1982 at Southwestern Bell Corporation (SBC), now known as AT&T Inc. (T), where he held various leadership positions. In 1995, he was named president, and in 1997 he became chief executive officer. In 2006, Stephenson acquired BellSouth Corporation.

Meet Elon Musk

Billionaire entrepreneur, inventor, and investor Elon Musk is the founder and CEO of both Tesla Motors and SpaceX. He gained notoriety for founding PayPal in 1998 and founding online payment service Tesla in 2003. Musk's fortune totals $22.9 billion and his net worth is $21.5 billion. Musk is also well-known for founding the Boring Company in 2016.

Meet Michael Dell

Michael Dell was born in 1965 in Round Rock, Texas. At a very young age, Dell dropped out of high school to found PC's Limited, a mail-order computer company. He sold the company to Compaq in 1998.
In 2007, Dell founded Dell Technologies, a diversified portfolio of businesses that provides products, services, and solutions to customers in more than 180 countries.

Meet Steve Ballmer

One of the most successful capitalists of all time, former Microsoft (MSFT) CEO Steve Ballmer is worth $22.5 billion, per Forbes. Ballmer has been one of the most successful and profitable investors during his career. He is one of the wealthiest people on the planet and is ranked as the most valuable sports team owner in the world and the 21st most powerful person in the world by Forbes.

Meet Bill Gates

The richest person in the world has the net worth of $116 billion, making him the richest person in the world. Bill Gates was born to an attorney father and a schoolteacher mother, and was raised in Seattle. He attended Harvard, and dropped out of college without graduating. Gates co-founded Microsoft in 1975 with Paul Allen.

Meet Jeff Bezos

Jeff Bezos, the founder of Amazon.com, is one of the richest people in the world. In the 2020s, Bezos' net worth is estimated at $168 billion. Bezos' wealth eclipses that of Bill Gates, who has a net worth of $131 billion, and Warren Buffett, who has a net worth of $101 billion.
Bezos' wealth came from his initial investment. In 1994, the young Bezos maneuvered $250,000 of startup capital to form Amazon as a bookstore. In 2001, Bezos introduced Amazon as a dotcom, and his net worth skyrocketed.
In 2003, Warren Buffet invested $300 million into Amazon. This enabled Bezos to reinvest in his company, which continued to expand.

Meet Carlos Ghosn

Carlos Ghosn, the chief executive of Nissan, Renault, and Mitsubishi Motors, was born on April 10, 1954. He is of Japanese and French descent. Ghosn came to Japan in 1978 to study at Waseda University, where he received a Ph.D.
Ghosn was trained as an engineer, earning a degree in electrical engineering from Instituto Superior Técnico in Lisbon, Portugal, in 1977, and a master's degree in electrical engineering from École Polytechnique in Paris, France, in 1979.

Meet Warren Buffett

A famous quote by Warren Buffett, who has made his billions through investments in companies such as Coca-Cola, American Express, and Wells Fargo, sums up the mentality that the most successful capitalists hold.
"Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1."

Meet Mark Zuckerberg

Facebook's (FB) founder, Mark Zuckerberg, was a Harvard dropout, but that did not stop him from becoming one of the youngest billionaires in history. Zuckerberg founded Facebook in 2004 and built it into a $500-billion-plus giant.
Meet Jeff Bezos
Amazon's (AMZN) founder and chief executive, Jeff Bezos, also dropped out of college, but he did not start a company. Instead, he launched Amazon in a garage in 1994.
Meet Larry Page
Google's (GOOGL) co-founder, Larry Page, was a computer science major, and like many entrepreneurs, Page was so excited about the Internet that he dropped out and founded Google in 1998.
Meet Bill Gates
Microsoft's (MSFT) co-founder, Bill Gates, dropped out of Harvard. In 1975, Gates founded Microsoft with Paul Allen.

Meet Larry Page

Larry Page, co-founder of Google, is one of the wealthiest men in the world, with a net worth of $41.5 billion, according to Forbes. Page attended Stanford University, graduating with a degree in computer science. Despite taking a job at a Silicon Valley company, Page was not satisfied with his salary and decided to start his own company, Google.

Meet Jack Ma

On the 25th anniversary of China's adoption of the economic reforms that relaunched the country as an economic powerhouse, two of the most popular capitalists in the world sat down for an exclusive interview with CNBC's Hadley Gamble to discuss their personal histories and reflect on their extraordinary successes.
"The most important moment in my life was when I got fired in 1995," said Jack Ma, the co-founder of Alibaba Group.
"I got fired because I didn't want to do what my boss said," said Ma. "I didn't want to do 'it,' so he got fired, too."
While Ma's bold move may have been unconventional, it ultimately served him well. His refusal to follow orders ultimately led him to found a successful start-up, Alibaba, which has grown into a global powerhouse.
"I was 20 years old, and at the time, I thought, 'What do I know about this?'" said Ma. "But it was the moment that changed my life."
"That's why I love to be young. I love to be ambitious. I love to challenge existing rules," he added.

Interview: Insiders Reveal the Secrets to Successful Capitalist Exploits

While capitalism appears to be working perfectly, many of the world's wealthiest people seem to be exploiting and undermining it. For example, "corporate raiders" buy out companies and strip them of their assets. "Corporate raiders" can, of course, be accused of being unscrupulous, and many do manipulate laws and policies in their favor.
However, some of the wealthiest people on Earth, including Bill Gates, Warren Buffett, George Soros, and Carl Icahn, also engage in similar tactics. In "Insiders Reveal the Secrets to Successful Capitalist Exploits," author Alan Murray discusses some of the tactics used by capitalists around the world.
Through interviews with well-known billionaires, Murray gets an inside look at how these people made their wealth. To get their perspective, Murray turned to Steven Schwarzman, founder, chairman and CEO of Blackstone Group, the largest alternative asset manager in the world.

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Interview: Insiders Reveal the Secrets to Successful Capitalist

Exploits
By Simon Constable
May 1, 2019

(Featured image: Wikimedia Commons)
Capitalism's promise of wealth is appealing on many levels, yet few have managed to reap significant rewards from investing. The market moves in cycles, and timing matters. However, it's not all luck. In this video interview with Barron's, retired hedge fund manager Doug Kass, who has trained and mentored many of Wall Street's top money managers, offers a rare glimpse into the strategies, secrets, and inside secrets to successful capitalist exploits.