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Grant Cardone: Understanding the 3 Unique Ways Wealthy People Think
Yahoo Financeยท 2025-09-30 14:11
Core Insights - Wealth provides security, freedom, comfort, power, and status, but achieving it is challenging. Grant Cardone, a financial influencer, emphasizes the importance of learning from those who have achieved financial success [1] Group 1: Delegation of Tasks - Wealthy individuals understand that time is a scarce resource and often delegate tasks to others to focus on more important activities. This approach is supported by Warren Buffett, who highlights the importance of setting boundaries and delegating responsibilities to trusted team members [2][3] Group 2: Asset Ownership - Contrary to common belief, Cardone argues that wealthy people do not focus on earning income but rather on accumulating assets that appreciate in value. For example, Mark Zuckerberg's compensation structure illustrates this principle, as he opts for shares instead of a traditional salary [4] - Wealthy individuals benefit from tax strategies related to asset ownership, allowing them to minimize their tax burden through write-offs and lower rates on long-term capital gains [5] Group 3: Effective Use of Debt - While the average American household carries significant debt, Cardone suggests that wealthy individuals do not prioritize homeownership as their first investment. Instead, they view debt as a tool for making effective investments [6]
X @Sui ใ๐ฆใ
Suiยท 2025-07-28 20:22
Blockchain Technology Innovation - Blockchain wallets are traditionally static keys tied to users, but Sui introduces programmable, transferable wallets [1] - @ikadotxyz enables this innovation on Sui, transforming wallets into programmable objects [1] - DWalletCap unlocks new design patterns for asset ownership and access control within the blockchain ecosystem [1]