Business, Financial Intelligence

[Maverick]

According to research done in USA lately reveiled the result that only 10% of the world population hold the 90% of the money, why do u think this is the case, Y is the majory of world population is poor ??? Is it bcoz what they do with their paycheck ???

Appreciate ur time and response. Thanx

[innocent_devil]

this 10 : 90 applies to evry scenario, like 10% of customers generate 90% of the revenue, 10% of the Machinery generates 90% value of the goods, etc...etc...the same applies to humans rich n poor.......hey c\'mon whatz the fun in being \"rich when every one is the same level....

[vivek of themavericks.. remember!!]

Thats a nice one guys,but i have feeling 90% of the financial intelligence is based of the proper usage of words like \" strategy\",\"business processes\",cost cutting\",\"restructuring\",\"out sourcing\",\"BPO\",\"ITES\",\"supply chain\",\"markets\",\"developement\",\"strategic developement\" and the likes of it.And the rest 10% is as they say -intelligence by fluke.This funda has to be true else,you would have things like Anderson,Worldcom,Xerox,Vivendi kind of dramas.if global corporates do ridiculous manipulation on accounts and financial transcations and get caught cheaply.What i stated has to be true!.Think about it... and reply.

[Maverick]

Thanx so much Vivek. It was such a good thought. With regard to the answer of my other friend, u r right to my friend, but i kind of think different. I personally find it frustrating to be poor, reason for that is u don\'t contribute to anyone\'s life if ur poor, if u become rich then u can keep ur family happy, contribute to ur religious things and chairities, contribute to the society u live in in australia and india 2, contribute to ur state, country and economy. It scarey for me to be in a situtation where u can\'t pay ur bills or take ur loved one out for dinner, coz of ur financial situation.
Appreciate ur answer. Thanx a lot

[vivek of themavericks.. remember!!]

See dude!,we don`t have any robin Hood kinda guy who would rob the rich to serve the poor!.We actually have lots of wealth stored with very little people.Actually,this kind of imbalance is what runs the financial world.The concepts of FOREX,Purchasing power parity and the likes of it have emerged as a consequence of the imbalance of division of wealth.And as it is evident the entire money or capital markets operate making use of this imbalance.The functioning of the capital markets are a function of the investors intelligence - if a mistake is mage then the investor looses the money,then his wealth reaches else where.If he wins-then someone elses wealth comes his way.Simple.There is no such thing called \"free lunch\" in the bad bad world,you gotta work.Then you earn and become a part of the redistribution of wealth.So the survey results are not surprising.People who are capable earn For Example WARREN BUFFET.