Premium Essay

Essay If I Had Carlos Slim Money

In: Business and Management

Submitted By LucyAdamyan
Words 566
Pages 3
Name: Lucy Adamyan
Subject: Business English
Group: 5
Course: 4
IBS-M, RANEPA

Essay
If you had Carlos Slim money, what kind of business would you buy and what kind of lifestyle would you lead?
Carlos Slim is a Mexican billionaire and the world’s richest or second-richest man, with a fortune estimated to be in excess of $67bn. Aged 11, he began his commercial activity from investing in government saving bonds. Then he became a shareholder of Banco Nacional de Mexico, set up own investing company as a stockbroker participating is fire sale of assets during crisis which resulted in owning wide range of retail outlets and manufacturing businesses. He has recently seized control of telecommunication companies operating in all Latin America. Carlos Slim’s experience as a successful investor provides us with an example of overall business strategy that usually works out: investing in distressed assets during global recession that will recover fast during next phases of economic cycle.
Therefore, if I had Mr. Slims money, I would partially follow his investing strategy. The most long-lasting financial and economic crisis in recent history has not passed yet, and that’s why taking advantage of global recession with perspectives for the future is the best strategy of employing capital.
But there is one thing that I would change: the spheres and regions of investing. Being the richest person in Russia, I would invest only in Russian assets. The first part of capital, as I said previously, would be invested in companies of mining, processing and nuclear power industries, because these economic spheres deal with exhaustible resources for which there will be a demand for at least another 10-15 years. As for nuclear power industry, current projects that will be run for at least next 20 years also guarantee sustainability of the companies operating in this…...

Similar Documents

Premium Essay

If I Had to Explain

...If I Had to Explain, You Wouldn’t Understand This is a picture of a recent weekend trip north of Traverse City, MI. my Fiancé and I, spent an entire day just riding. We rode up to a lighthouse, through Sleeping Bear Dunes, and all over some of America’s beautiful roads. Why I chose this photograph is because it reminded me of our recent reading by Allan Johnson, In The forest and the Trees, and Barry Glassner, The Culture of Fear. Johnson talked about symbols and value. “But most of what we value is what we learn to value through socialization in a particular system’s culture”(49). What he meant by this was that we value things we are taught to. Whether we are intentionally taught, even know we are learning values, or just absorbing them as we struggle through life. we are acquiring values. A person’s culture plays a huge significant role as to those values learned. I imagine there are quite a few cultures that would not understand the mentality of a biker. The meditation one gets from serene riding alone; no radio, no conversation, just open roads and thought. This is a culture that was learned as Johnson spoke of. The value one possesses was most likely a conscience choice of preference to things they were exposed to. Many cultures stereotype and fear the culture of a motorcyclist. Most motorcyclists that are not casual riders, but bikers, are not the criminals that America portrays them as. They may be obsessive about their machines, similar to a hot rod guy about his...

Words: 469 - Pages: 2

Free Essay

This I Believe Essay

...late September; Waiting for Superman will be screened and debated there, and many of the reformers involved in its production will be there. Katie Couric of CBS Evening News has promised a series of segments based on the movie. Meanwhile, mega-philanthropist Bill Gates, who appears in Waiting for Superman, hit the road in early September to promote the film; while he was at it, he told an audience at the Toronto International Film Festival that school districts should cut pension payments for retired teachers. Other players in the free-market school reform movement, most of whom had seen the documentary at early screenings for opinion leaders and policy-makers, anticipated its September 24 release with cautious optimism. The media excitement around the film "is beginning to open up an overdue public conversation," says Amy Wilkins, vice president at the Washington advocacy group Education Trust. "Do I think the coverage is always elegant and superior and perfect? No. Of course there is going to be some bumbling and stumbling. But the fact that the film is provoking this conversation is really important for teachers and kids." Indeed, a tense public sparring match over the achievement gap, unions and the future of the teaching profession is already under way. In August the Los Angeles Times defied the protests of unions and many education policy experts by publishing a searchable online database of elementary school teachers' effectiveness rankings. The newspaper's......

Words: 3478 - Pages: 14

Premium Essay

How I Learned Essay

...How I Learned Essay In the beginning I was debating on should I go to school or just stay at home, and just stick to playing the organ at church. Something in my head told me to go ahead to go back to school so I can further my education. Since I love to be on the computer all the time I decided to find something to do with computers. When I heard my brother and my friend came in the house talking about Brown Mackie College. I looked in the book and then that’s when I saw Information Technology I knew it would be something very interesting when I looked at the courses. The first day of class in Professional Development, the first thing I learned how to get out of my box. Because I have always been scared to get out of my box, I never got a chance to make any friends, or got to know most of my teachers in school. This class has helped me out a lot, because I have got a chance to get to know my fellow classmates and made new friends. Getting out of my box gave me confidence that I really need. Stepping out of my box has shown me that I can make friends on campus and off campus. Second, we talked about in class was “What exactly is Success in College”. Success in College to me is really a challenge for me. All because I was used to being at home, and just going to church, I didn’t think about going back to College. I have already succeeded because I had enough courage to go back to school and further my education. Here my keys to be Successful in College: 1. Showing up......

Words: 692 - Pages: 3

Premium Essay

A Quick Little Essay I Had to Write on Music

...By: forgottenangel38 Written on June 5th, 2011 Music is something that I have been raised with since I have musicians as parents, and it’s also something in lives of everyone. Music is often taken for granted but it lends to our every day in simplistic ways. Music isn’t just something that orchestras perform, but found in movies, bird’s songs, even our rhythmic heartbeats. Life without music would be like life without the enhancement of colors: dull and monotonous. I love music and it’s something I hope to make a career out of, music performance in particular. I’m often told by people that it’s a fantasy that can’t be reached being I play one the most competitive instruments. A teacher once said to me it’s impossible to be a successful musician and get good grades in school. Confidence is something I struggle with because of this challenge, but my love for music just makes me push myself harder. Music is significant in my life for several reasons. First, it’s something I’ve grown up with. My parents have provided me with numerous musical opportunities even before I picked up an instrument. Whether it be my mom singing Beethoven’s 7th Symphony to me as a baby or the numerous concert I’ve been brought to, music has always been there. Right from when I picked up a flute for the first time I found it exciting and I was willing to accept any challenge so that one day I could “be like mommy.” Since then, music has built up my work ethic and perseverance through frustration and......

Words: 905 - Pages: 4

Free Essay

Carlos Slim Helu

...University Rafael Esparza MGT545 – Leadership Practice & Theory Carlos Slim Helu Professor Wayne Gru Content Background Followers and Situation Contextual and Operational Leadership Motivational approach Theories and models Social Responsibility and Ethics Lessons learned Carlos Slim Helu Background Carlos Slim comes from a very modest background and he is a caring man who is helping others not as fortunate as himself by way of empowering them with a skills set and employment. Julian Slim, a Lebanese immigrant and Carlos’ father, began acquiring real estate in Mexico City during the revolution of 1910. As a result, at the young age of 12 Carlos began to exhibit a great interest in numbers and even began buying shares of Banco de Mexico. At the age of 13 his father passed away and Carlos, along with his family, found themselves struggling. Knowing he needed to do something he decided to enroll at the Autonomous National University of Mexico (UNAM) and study civil engineering. After graduation he delved into teaching mathematics and linear programming for a few years. Later he incorporated his first business, a stock brokerage firm called Inversora Burastil. That same year he married Soumaya Domit; in future business ventures he combined the first letters of their names and created his holding company Grupo Carso (Academy of Achievement). Carlos has six children (three sons and three daughters) Carlos Jr., Marco Antonio, Patrick, Soumaya, Vanessa and......

Words: 2625 - Pages: 11

Free Essay

If I Had a Lot of Money

...When I was small, I often dreamt about being rich as my parents were quite poor. We had difficulty making ends meet each month. So, if I had a lot of money, I would certainly fulfill my dreams. First and foremost, I would buy a house for my parents, preferably a bungalow, in a quiet town. I would equip the house with the latest technology so that it would be a smart home. My mother would have a state-of-the-art kitchen as she loves cooking. I would also get a maid to help her with the household chores. I will ensure that my family is comfortably settled in this house. The second thing I would do is to go on a world tour with my parents. I have never been overseas but I long to see the places I have only read or dreamt about. First, I would like to visit Europe, especially Italy, the city of romance. I would visit all the museums and buildings I have heard so much about. My next stop would be Hong Kong or China. There is something mystical about China and her people. This would be my dream come true. Apart from that, I could finally go on a shopping spree, which is my favourite pastime. Thus far, I could only go window shopping and if I had a lot of money, I would go into these stores and buy whatever I fancy. Just imagine that for once in my life, I do not need to look at the prices of the items that I like. I could just shop till I literally drop. The salesgirls would be hovering near me with their latest outfits and my wish would be their command. Ah, I would not be......

Words: 451 - Pages: 2

Premium Essay

This I Believe Essay

...This I Believe Essay June 4, 2014 Family Should Come First Most of my earliest memories do not have my biological father in them, even though he lived less than a 5 minute walk away. I grew up in what is now considered to be a "broken home" environment. Back in the seventies I lived in a trailer court with my mom and her new husband, the infamous step-dad. During this time, my ‘real' dad was moving on with his life as well, living with his new wife only three streets away. It was uncommon for him to call or come over to spend time with me, but being so young it didn’t really matter at the time. As the holidays started to fly by my stepfather began to notice that my dad was no longer showing an interest in my life. My real dad had even stopped asking me what I wanted for Christmas, and started sending money to my mom to go buy me a gift from him. Needless to say this was the last straw in my stepfathers’ eyes. What he did next, I’ll never forget. He waited for my ‘dad’ to drop off the "present money" and confronted him on the front porch. Even though I was in the living room area with my mom, I still heard this man, my 'step-dad’ stand up to my real father and tell him that “Jason doesn’t need your money. What he needs is his dad to take an interest in him, get more involved with his life and show him that family is always there for each other no matter what”. My dad became silent. I think he knew there was a lot of truth to my......

Words: 522 - Pages: 3

Premium Essay

How to Raise Money Essay

...How to Raise Money Want to start a startup? Get funded by Y Combinator. September 2013 Most startups that raise money do it more than once. A typical trajectory might be (1) to get started with a few tens of thousands from something like Y Combinator or individual angels, then (2) raise a few hundred thousand to a few million to build the company, and then (3) once the company is clearly succeeding, raise one or more later rounds to accelerate growth. Reality can be messier. Some companies raise money twice in phase 2. Others skip phase 1 and go straight to phase 2. And at Y Combinator we get an increasing number of companies that have already raised amounts in the hundreds of thousands. But the three phase path is at least the one about which individual startups' paths oscillate. This essay focuses on phase 2 fundraising. That's the type the startups we fund are doing on Demo Day, and this essay is the advice we give them. Forces Fundraising is hard in both senses: hard like lifting a heavy weight, and hard like solving a puzzle. It's hard like lifting a weight because it's intrinsically hard to convince people to part with large sums of money. That problem is irreducible; it should be hard. But much of the other kind of difficulty can be eliminated. Fundraising only seems a puzzle because it's an alien world to most founders, and I hope to fix that by supplying a map through it. To founders, the behavior of investors is often opaque—partly......

Words: 10709 - Pages: 43

Free Essay

I Believe Essay

...I Believe People Should Live a Happy and Peaceful Life I was a young black woman, married with two wonderful kids; a boy and girl, I had a brand new car, I had a great paying job and was working on purchasing a new house. I had pretty much what many women wanted, but something just wasn’t right. I battled with myself for years. Then one night, when I was home alone lying down in my bed, thinking, I started crying like a little baby. I cried for almost an hour. I realized my life was a lie; I was unhappy and felt I was fighting a war I was losing. I was married to a man that didn’t love me. He only loved what I was able to provide for him. He cheated on me, physical and emotional abused me, when he was able too. I sat there and asked myself why I would stay in something that made me so miserable. I began to wonder what to do. It occurred to me, that I might have gotten myself too tightly wrapped up in this marriage and have lost myself. I remembered what my grandmother once told me “Stephanie, don’t let a man take away your happiness” In that moment, I realized that my marriage was over. Well, according to me it was. Now, all I had to do was break it to my husband. Of course, it was difficult. We were both hurting. I hated letting him down, but I could not live a lie. So, I mustered up the courage to end the marriage that appeared perfect to the outside world. I knew I had to change things so that same night when my husband came home, I told him, I wanted out of this......

Words: 523 - Pages: 3

Premium Essay

Essay I Dont Know

...characters and we don’t get a deep characterization. We only get told that they’re kids. When the parents later on start to argue, the flat charters helps us get the feeling that the adults are taking the kids places in the conflict. The point of view in the story is important. We see the story through the woman’s eyes; it’s a third person subjective story. We get the woman’s feelings and sympathise with her. This is import for the story because we can take part in the conflict, but still it’s not first person. This also helps us to understand her internal conflict with Wilson. That conflict is not a consistent part of the story but it’s important. It also contribute that Wilson almost hits the son in the ending. The syntax of the text I really simple, but the language is good and smooth. The story takes place at a playground and from the beginning there’s a special mood. Calm, lazy, like nothing’s going to happen. “It was still warm in the late-afternoon sun, and the city noises came muffled through the trees in the park.” (P. 1 L. 4-5) But when the man and his son come into the story, the tone and mood suddenly changes. There comes a kind of discomfort. Also a playground is a symbol for childhood, this makes us understand that the kids are the focus even though they aren’t the main characters. To understand the conflict in the story there’s used a big contrast, the contrast between the adults and the kids. The adults take the kids conflict; either of the kids......

Words: 824 - Pages: 4

Free Essay

Carlos Slim Biography

...that they love to do and excel at. Much can be said about one such entrepreneur whose name is Carlos Slim; he fits the definition of a very successful entrepreneur. A family man, surrounded with education since childhood, Slim constantly proved the importance of school and taking risks. In the early 1900’s his father “escaped the Ottoman Empire to avoid being forced into the army at age 14” (“Carlos Slim Helú Biography”). Good thing he did too, perhaps he would have never had been the father of the most successful entrepreneur in the world. Success to most people might mean a load of money, and although it is true money is a part of success, the true success Slim swims in is that of doing something he is good at, and makes a living from it. Throughout his life he displayed the characteristics of determination, perseverance, and a pleasant humble attitude. Slim proves that to get to the top, you have to be determined of what your dreams are, stay optimistic even when things do not look so bright, and when your dreams pull through in the end, stay humble. The life of Slim has not always been the brightest, but even through the dark times in his life and the brightest ones, by keeping those three characteristics, he pulled through the bumpy road of his life. Much like his father, Carlos is very intelligent, good with numbers, owning/fixing up businesses and making them worth a lot more money. It is true success that he indeed made it through an uneasy life, standing strong and......

Words: 1667 - Pages: 7

Premium Essay

Essay I

...Lesson 13 Essay I The years that stretched from the election of Richard Nixon in 1968 to the election of Ronald Reagan in 1980 saw the problems of the 1960s come back to haunt the nation. In Vietnam, despite Nixon's efforts to conclude a "peace with honor," the American involvement ended with the victory of the North Vietnamese and a defeat for the United States. The moral authority of the powerful presidency that developed under Eisenhower, Kennedy, and Johnson eroded as a result of Nixon's Watergate scandal. In an effort to avoid similar mistakes, the voters turned out Nixon's successor, Gerald Ford, in 1976 and elected a political newcomer, Jimmy Carter, of Georgia. In spite of their personal decency and hard work, neither Gerald Ford nor Jimmy Carter proved to be strong, effective presidents who could meet the challenges of the 1970s. Ford was the 38th President of the United States, and the only one to have served as both President and Vice President without being elected by the Electoral College. As President, Ford signed the Helsinki Accords, marking a move toward détente in the Cold War. With the invasion of South Vietnam by the communist north nine months into his presidency, U.S. involvement in Vietnam essentially ended. Domestically, Ford presided over arguably the weakest economy since the Great Depression, with growing inflation and a recession during his tenure. One of his more controversial acts was to grant a presidential pardon to President Richard......

Words: 1518 - Pages: 7

Premium Essay

Umass Money and Banking Essay 1

...2/16/15 Econ 311 Essay #1 Investment in U.S. stocks and in U.S. treasury bonds makes up for a large portion of investment assets in the United States economy. The main difference between the two asset classes is that stocks are a form of equity investments which represents ownership in a company for the investor, and bonds are debt investments from which the investor earns interest on from the bond issuer. Both forms of investment assets correlate with each other in terms of prices increasing and decreasing over periods of time. Stock market prices and Treasury bond prices both fluctuate due to changes in different economic factors. Factors in the economy sometimes moves stock and bond prices in opposite directions yet it also sometimes moves them in the same direction depending on the current situation taking place in the economy. Bond and stock prices are both affected by different things in the economy. Bonds are affected most greatly by interest rates and in turn are a function of current market interest rates. The prices for which bond issuers sell bonds for are correlated with the interest rates of the bonds. When interest rates rise it causes the prices of bonds to fall and vice versa in order to make bonds attractive for investors to buy. While many different economic factors affect interest rates in the economy, bond prices are most directly affected by the increase and decrease of interest rates. Stock prices are affected differently than bond......

Words: 871 - Pages: 4

Free Essay

Carlos Slim

...Carlos Slim Helu In 1902, Julián Slim Haddad, father of Carlos Slim Helú, arrived to Mexico from Lebanon. He was escaping from the Ottoman Empire, which at the time conscripted young men into its army. One of the markers of Carlos Slim Helu’s success has been his ability to buy and sell at the correct times. His investments in the downturn of the 1980s were the foundation of his wealth, and throughout the 1990s he continued to sell businesses which were successful then use the return to invest in others which were up and coming. Carlos Slim was born on january 28, 1940. He completes his professional studies in civil engineering at the UNAM. By 1965 Carlos Slim aquired companies like inmobiliaria Carso, casa de bolsa inversora Bursátil, embotelladora Jarritos del sur, and some others. Carso was incorporated in January 1966. Carso comes from the first syllable of the names Carlos and Soumaya, Mr. Slim's wife. The Mexican economic crash of 1982 was what delivered the opportunity to consolidate his wealth. In 1990, Grupo Carso and other Mexican investors acquired 10.4% of the companys stock, in partnership with SBC - 5% with an option for an additional 5% - and France Telecom 5%. Since 1990, Telmex has embraced a work culture where training, modernization, quality and customer service is a priority. Ten principles of grupo Carso. 1. Have always simple organizational structures, minimal hierarchical levels; provide human and in-house development of the executives;......

Words: 465 - Pages: 2

Free Essay

I Had a Dream

...I ini j k m,k m,. nm ,m n nmm h j b bj j j h hg j j b j j hibnk ,m l vml fl f cvl fv m vm m, , md ld ldf dm vldf dvm dl dlvld mdf m,l lg fl v;ka ,. V . vlf ll l l d dl jl lj l 59 sd dm 56d 96d3 96d6 96 v5df 41sdl 1 m11m 4m4 4ld 5lsd 2dm 52bd52 m5bsd55,md 5m5 5l 5dm5 2sd2 dvm 2dm2 vdf.2 v2d 2dl2 2ld 2l2 l2 2l 2ld2 mld d l dl l dl dvl b.xc v.sd ms,, fl d dv ld. V.m . . sdld,lgl gm, m l kk m k k k k kk kk k k l lfm l lf l fl lmd vlmdvlm vmlv l m ml l l lm l l m lm l l m l m llf kj jjnjl ngj nfjnklf lknkdn l sm vdfm lm l d,s dmj dm md lm ldm lm ld g kl ld v l ljk kjklsl ml lkn l l ld ld ,d vls v ds sc v mvmsd v. xv zdf dlf ljnsrkdfn lkdxcnvkldfmvlmc;vmsd;vl k kk j jvmdfnv lf velk vedj;fkd ldf vdf vkldfbdfm bdlvkdf v ldfkv fvfjl vdf kld fvlsd vldf vn;kf vd fbkld kv jld ldf lk ,l lg fl v;ka ,. V . vlf ll l l d dl jl lj l 59 sd dm 56d 96d3 96d6 96 v5df 41sdl 1 m11m 4m4 4ld 5lsd 2dm 52bd52 m5bsd55,md 5m5 5l 5dm5 2sd2 dvm 2dm2 vdf.2 v2d 2dl2 2ld 2l2 l2 2l 2ld2 mld d l dl l dl dvl b.xc v.sd ms,, fl d dv ld. V.m . . sdld,lgl gm, m l kk m k k k k kk kk k k l lfm l lf l fl lmd vlmdvlm vmlv l m ml l l lm l l m lm l l m l m llf kj jjnjl ngj nfjnklf lknkdn l sm vdfm lm l d,s dmj dm md lm ldm lm ld g kl ld v l ljk kjklsl ml lkn l l ld ld ,d vls v ds sc v mvmsd v. xv zdf dlf ljnsrkdfn lkdxcnvkldfmvlmc;vmsd;vl k kk j jvmdfnv lf l l m l m llf kj jjnjl ngj nfjnklf lknkdn l sm vdfm lm l d,s dmj dm md lm ldm lm ld g kl ld v l ljk...

Words: 622 - Pages: 3

Cuphead-GOG | Viral season 04 episode 05 | 32 Playboy Magazines!