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OT: Texas fires Vince Young

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I was thinking to myself, "if I made $30 million in guaranteed money, I sure wouldn't care all that much about my 100K a year job either." Then I found out he's broke.

Having managed money for the ultra-rich for a living, I've seen plenty of people squander fortunes. I know exactly how to do it. And I still can't believe it happens.
 
CashMoneyCane said:
I was thinking to myself, "if I made $30 million in guaranteed money, I sure wouldn't care all that much about my 100K a year job either." Then I found out he's broke.

Having managed money for the ultra-rich for a living, I've seen plenty of people squander fortunes. I know exactly how to do it. And I still can't believe it happens.
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Wow!! I didn't know he was broke. They probably were paying him like 250k and he is too much of an idiot to mess up that sweet gig.
 
Heart of The Playmaker said:
Wow!! I didn't know he was broke. They probably were paying him like 250k and he is too much of an idiot to mess up that sweet gig.
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100K. He dealt with serious issues around financial mismanagement, which seems to somehow happen to basically every professional athlete. I don't get it... you can hire some ******* down the street or bring your tens of millions of dollars to a place like... I don't know... JP Morgan? Goldman Sachs? Northern Trust? People that have been doing it for 100 years because they don't spend their clients' money.
 
81795
 
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CashMoneyCane said:
I was thinking to myself, "if I made $30 million in guaranteed money, I sure wouldn't care all that much about my 100K a year job either." Then I found out he's broke.

Having managed money for the ultra-rich for a living, I've seen plenty of people squander fortunes. I know exactly how to do it. And I still can't believe it happens.
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✍🏾 So when I win this powerball imma hit you up.
 
CashMoneyCane said:
100K. He dealt with serious issues around financial mismanagement, which seems to somehow happen to basically every professional athlete. I don't get it... you can hire some ******* down the street or bring your tens of millions of dollars to a place like... I don't know... JP Morgan? Goldman Sachs? Northern Trust? People that have been doing it for 100 years because they don't spend their clients' money.
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I'm sure the folks who put their fortunes in the trusted hands of Bear Stearns and Lehman Brothers thought the same thing.
 
just another example on how the family was not there, or he was not there for them. i feel very sorry for people that has to go through that. its sad but true. too much stress for these young individuals. just too much. it goes a long way.
 
Poptimus said:
I'm sure the folks who put their fortunes in the trusted hands of Bear Stearns and Lehman Brothers thought the same thing.
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Any organization on earth is subject to systemic failure. Much, MUCH less than one person is susceptible to getting hit by a bus, or any one person is likely to defraud you. See: Bernie Madoff.

You have no chance in this conversation with me.
 
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CashMoneyCane said:
Any organization on earth is subject to systemic failure. Much, MUCH less than one person is susceptible to getting hit by a bus, or any one person is likely to defraud you. See: Bernie Madoff.

You have no chance in this conversation with me.
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That is rather presumptuous of you. I work in asset management and I know the exorbitant fees high net worth clients pay for separately managed accounts. Paying 150+ basis points in fees is a long-term losing proposition. What is it you're selling to clients? I'm a CFA charter holder, I can hold a conversation about this with you or anyone.
 
JBCanes-NC said:
Nope.... It was all Jeff Fisher's fault...
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It wasn't all Jeff Fisher's fault but no one can deny how different Jared Goff looked with Sean McVay than with Fisher.

Jeff Fisher is one of the most overrated coaches in NFL history, he was a career .500 coach & his only winning seasons in his career were with Steve McNair & Vince Young. His time in STL/LA he didn't have one season above .500.
 
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