I just published 2 videos on youtube.

They are "Video 0016    Aliko Dangote:  Richest Man in Africa"

Here is the link
https://www.youtube.com/watch?v=FyVyiTVOeQ0&t=5s

and "Video 0017   Aliko Dangote: 10 Lessons"
and here is the link
https://www.youtube.com/watch?v=Rr8bqEY2eoc

Most important Lesson I learned from Dangote

"WORK 18 HOURS A DAY"





Well, Dangote can do this cause he is only 59 year young.

Dangote is 29 years younger than Li Kashing, the Richest Man in Asia

Dangote is 21 year younger than Amancio Ortega, the Richest Man in Europe

I am 100% sure that among the richest self-made billionaires, nobody works as hard as Dangote

Dangote built his empire on Sugar, Flour and Cement





Now Dangote is venturing into Oil Refinery,  He is building a 10 square mile Oil Refinery near Lagos , to be completed in 2018, making this the largest oil refinery in Africa.  This oil refinery can easily triple in capacity and become the world's largest oil refinery.   Dangote Dream is Nigeria First, Africa First.  He is so young and energetic , time is on his side.

I just created another video on George Soros

Video 15  "14 Offense Trading Rules of George Soros" was just published on youtube

Please take a look

Here is the URL
https://www.youtube.com/watch?v=0AzPbA5GUvY

Some of George Soros' trading rules are crazy

E.g.   Invest First,  Investigate Later 
George Soros is the Father of Fast Investing  He often makes up his mind and put on a bet after 3 or 4 hours of study.    Just imagine the other Wall Street analysts putting hundreds of hours of research






















E.g. When you are right, be a pig, you cannot bet enough

Soros would pile up his position (that is what being a pig in Wall Street means).  He is not afraid of being slaughtered. 

Yesterday I published Video 0014 
    "Trade Secrets of George Soros: 5 Rules for defense"

Here is the link
https://www.youtube.com/watch?v=OuTiYM5S7ew


Here is a picture of George Soros -- the world's best trader and the richest man in Wall Street

We all know he made more than $1B profit from the Bank of England in 1992

But I discovered trading defensively is most important for survival

E.g. in 1987, George Soros lost $650 Million from Black Monday

If you think $650 million is a lot of money to lose.
In 1998, George Soros lost $2B in the Russian Financial Crisis,
he did not see the crisis coming and was caught unprepared

In any case,  Stanley Druckenmiller, who used to work for George Soros, said George Soros was best taking a loss.

And be careful, there are financial crisis or tsunami around,
take your loss or stay in cash if you see them coming