[Thehustler]

http://www.youtube.com/watch?v=jKz2TJPxDF4

[thegmanifesto]

(07-02-2013 10:26 PM)Thehustler Wrote:  

http://www.youtube.com/watch?v=jKz2TJPxDF4

Yeah.

Hard to argue with that sh*t.

Side note:

Beautiful right he lands on Bruno at the beginning of the video.

[Que enspastic]

$300m prize winnings. bankrupt in 2003.

still an unbelievable fighter! just take the good parts of mike, not the whole package.

[thegmanifesto]

(07-03-2013 01:25 AM)Que enspastic Wrote:  

$300m prize winnings. bankrupt in 2003.

No one expected him to be a Money Manager and Heavyweight Champion.

Flip it around.

How good is Warren Buffett at boxing?

We all have our strengths and weaknesses.

[Moma]

(07-03-2013 01:36 AM)thegmanifesto Wrote:  

(07-03-2013 01:25 AM)Que enspastic Wrote:  

$300m prize winnings. bankrupt in 2003.

No one expected him to be a Money Manager and Heavyweight Champion.

Flip it around.

How good is Warren Buffett at boxing?

We all have our strengths and weaknesses.

Lennox Lewis was also heavyweight champion and isn't bankrupt. He's married to former Miss Jamaica and has boxing gyms in Toronto, London and several other investments.

But yes, Mike Tyson was the shyt, I was in awe of him even when he smoked Frank in 89 and Mike Tyson's punchout was the first Nintendo game I owned. He had something written in the game that I didn't get till years down the line.

He said that boxing is 90 percent mental and only 10 percent physical.

I thought to myself, bollocks, Mike, you are 16 stones (224 pounds), knockout power in both hands and a neck the size of an elephant's thigh.

But I didn't realise that in the heavyweight division, Mike was usually the smallest guy out there.

[vinman]

At his peak he inspired fear and awe.

[Hencredible Casanova]

(07-03-2013 06:09 AM)Moma Wrote:  

(07-03-2013 01:36 AM)thegmanifesto Wrote:  

(07-03-2013 01:25 AM)Que enspastic Wrote:  

$300m prize winnings. bankrupt in 2003.

No one expected him to be a Money Manager and Heavyweight Champion.

Flip it around.

How good is Warren Buffett at boxing?

We all have our strengths and weaknesses.

Lennox Lewis was also heavyweight champion and isn't bankrupt. He's married to former Miss Jamaica and has boxing gyms in Toronto, London and several other investments.

Lennox didn't have the kind of upbringing Mike had, not even from the same country. Mike grew up in a notoriously tough neighborhood of Brooklyn called Brownsville. He had no father around, mom was on crack and whoring herself, and Mike was running with the street kids robbing and beating people u, getting locked up from a very early age and constantly in and out of institutions. It was so bad that his trainer adopted him and brought him up to upstate NY to mold him as a boxer full-time.

[Idlenations]

If you get the chance watch TYSON it's an amazing documentary.

[samsamsam]

Boxing is physical and mental. Some have genetic gifts to help them along.

Money management, really isn't physical. A lot of people who know nothing about money can learn about it, if they apply themselves. Money management (not necessarily making VC type bets, just smart conservative management) can be learned. Just reading the "Richest Man in Babylon" will put you on track, add in a little "Millionaire Next Door."

Almost all of us (probably all) can not do what Tyson did in the ring. But everyone here can learn to be responsible with money. Just whether or not you want to.

[Timoteo]

I don't agree that everyone can learn certain disciplines. Some just don't have the aptitude. The problem with Tyson, and boxing in general, is that it's set up to steal from the overwhelming majority of fighters. Very few come along that can basically set up shop and run their own show. Which means the majority have to rely on the various bloodsuckers that inhabit the business.

Larry Holmes basically owns his hometown of Easton, Pennsylvania. Listening to Holmes, you wouldn't think he's the brightest guy around. But he is. He was in Don King's clutches early in HIS career. King basically had boxing in his pocket. If a fighter didn't sign with him, he could forget about EVER getting a title shot. He had the alphabet organizations in his pocket, and you'd NEVER get ranked #1 so you could get your mandatory shot. Holmes got tired of getting robbed, and sued his way free. Much of the money from his purses was going towards real estate investments in his home town. Most of the office buildings, etc. are HIS. They pay HIM rent. When he made those comebacks, it wasn't because he was broke. It was because he was bored, and fighting is what he knows.

Mike had people around him that actually cared about him (D'Amato adopted him and brought him up to Catskill to live and train), with Jose Torres (a former champ trained by D'Amato), Bill Cayton and Jim Jacobs to handle business. Once they either died or got pushed out by King/Givens/Ruth Roper, Mike was doomed. King had the biggest moneymaker in the game all to himself. He was double/triple/quadruple dipping on Mike, with his son AND daughter on the payroll getting a cut. In the ring, Mike was a confident destroyer, but outside of it, he was an insecure kid. Also, when we look at what a guy made over his career, we're adding up the total purses, but not how much of it actually made it to his pocket after the trainers, managers, promoters and various hangers-on got theirs. Then you throw in the lifestyle expenses and other costs...

Like I said...only the special few leave the game better than when they entered it.

[Cyr]

(07-03-2013 04:25 PM)Timoteo Wrote:  

I don't agree that everyone can learn certain disciplines. Some just don't have the aptitude. The problem with Tyson, and boxing in general, is that it's set up to steal from the overwhelming majority of fighters. Very few come along that can basically set up shop and run their own show. Which means the majority have to rely on the various bloodsuckers that inhabit the business.

Larry Holmes basically owns his hometown of Easton, Pennsylvania. Listening to Holmes, you wouldn't think he's the brightest guy around. But he is. He was in Don King's clutches early in HIS career. King basically had boxing in his pocket. If a fighter didn't sign with him, he could forget about EVER getting a title shot. He had the alphabet organizations in his pocket, and you'd NEVER get ranked #1 so you could get your mandatory shot. Holmes got tired of getting robbed, and sued his way free. Much of the money from his purses was going towards real estate investments in his home town. Most of the office buildings, etc. are HIS. They pay HIM rent. When he made those comebacks, it wasn't because he was broke. It was because he was bored, and fighting is what he knows.

Mike had people around him that actually cared about him (D'Amato adopted him and brought him up to Catskill to live and train), with Jose Torres (a former champ trained by D'Amato), Bill Cayton and Jim Jacobs to handle business. Once they either died or got pushed out by King/Givens/Ruth Roper, Mike was doomed. King had the biggest moneymaker in the game all to himself. He was double/triple/quadruple dipping on Mike, with his son AND daughter on the payroll getting a cut. In the ring, Mike was a confident destroyer, but outside of it, he was an insecure kid. Also, when we look at what a guy made over his career, we're adding up the total purses, but not how much of it actually made it to his pocket after the trainers, managers, promoters and various hangers-on got theirs. Then you throw in the lifestyle expenses and other costs...

Like I said...only the special few leave the game better than when they entered it.

I certainly wouldn't say that only a select few leave the game better than they entered it. After all look at tyson now, he's a contented family man with a beautiful younger wife. Were it not for boxing he'd almost certainly be in prison. However it is true that only a select few do as well for themselves as they could've done potentially.

[Timoteo]

(07-03-2013 04:32 PM)Cyr Wrote:  

(07-03-2013 04:25 PM)Timoteo Wrote:  

I don't agree that everyone can learn certain disciplines. Some just don't have the aptitude. The problem with Tyson, and boxing in general, is that it's set up to steal from the overwhelming majority of fighters. Very few come along that can basically set up shop and run their own show. Which means the majority have to rely on the various bloodsuckers that inhabit the business.

Larry Holmes basically owns his hometown of Easton, Pennsylvania. Listening to Holmes, you wouldn't think he's the brightest guy around. But he is. He was in Don King's clutches early in HIS career. King basically had boxing in his pocket. If a fighter didn't sign with him, he could forget about EVER getting a title shot. He had the alphabet organizations in his pocket, and you'd NEVER get ranked #1 so you could get your mandatory shot. Holmes got tired of getting robbed, and sued his way free. Much of the money from his purses was going towards real estate investments in his home town. Most of the office buildings, etc. are HIS. They pay HIM rent. When he made those comebacks, it wasn't because he was broke. It was because he was bored, and fighting is what he knows.

Mike had people around him that actually cared about him (D'Amato adopted him and brought him up to Catskill to live and train), with Jose Torres (a former champ trained by D'Amato), Bill Cayton and Jim Jacobs to handle business. Once they either died or got pushed out by King/Givens/Ruth Roper, Mike was doomed. King had the biggest moneymaker in the game all to himself. He was double/triple/quadruple dipping on Mike, with his son AND daughter on the payroll getting a cut. In the ring, Mike was a confident destroyer, but outside of it, he was an insecure kid. Also, when we look at what a guy made over his career, we're adding up the total purses, but not how much of it actually made it to his pocket after the trainers, managers, promoters and various hangers-on got theirs. Then you throw in the lifestyle expenses and other costs...

Like I said...only the special few leave the game better than when they entered it.

I certainly wouldn't say that only a select few leave the game better than they entered it. After all look at tyson now, he's a contented family man with a beautiful younger wife. Were it not for boxing he'd almost certainly be in prison. However it is true that only a select few do as well for themselves as they could've done potentially.

Mike has been redeemed to a certain extent, getting second life after finding a good woman, etc. But he DID go to jail during his career (on some bullshit - another example of him being taken advantage of). Near the end of his career, when he should have been comfortably in retirement, he was getting floored by bums. he was a completely broken man. When I said better than when they entered, I really meant financially. Others end up punch-drunk and drooling on themselves. Most end up broke.

[cardguy]

This thing about confidence reminds me of a funny thing.

Somebody once said that if you could be good at anything - be good at lying.

Because when you are good at that - you can convince anyone you are good at anything.

[Justice Beaver]

(07-03-2013 10:58 AM)Idlenations Wrote:  

If you get the chance watch TYSON it's an amazing documentary.

I saw it, pretty good, and the speed in which Tyson moved when he trained, was just jaw dropping, it's like he was moving at the speed of a lightweight, defo one of the greats of all time.

[Teutatis]

(07-03-2013 01:36 AM)thegmanifesto Wrote:  

(07-03-2013 01:25 AM)Que enspastic Wrote:  

$300m prize winnings. bankrupt in 2003.

No one expected him to be a Money Manager and Heavyweight Champion.

Flip it around.

How good is Warren Buffett at boxing?

We all have our strengths and weaknesses.

You don't need to be a money manager to not blow away a huge fortune.

He was an incredible fighter, no doubt about that, and I actually like the guy, I think he is probably a good guy, but he has the IQ of an ant.

[jakester318]

I've been reading some of the comments on this thread and have this comment to make in defense of Mike. Like another poster said, Mike was raised in Brownsville section of Brooklyn, which is like no fucking place you want to be...especially back when he grew up. Dad bounced...mom's was a crack-whore. The fact that Mike rose out of that fucking trash-heap and accomplished anything is a fucking miracle.

I grew up similar to Mike...many dudes I went to high school with are either dead, in jail, or hooked on heroine or coke. When people weigh in on people like Mike, they should consider where that dude came from and how much of a fucking struggle it is to rise out of that shit. If you came from the same shit and you out-shined that dude, then you can speak. But if you don't know that struggle and feel ok to judge Mike, you're being short-sighted and not really understanding what it takes to come from that shit and be a normal person.

[TheBMan]

(07-03-2013 04:25 PM)Timoteo Wrote:  

I don't agree that everyone can learn certain disciplines. Some just don't have the aptitude. The problem with Tyson, and boxing in general, is that it's set up to steal from the overwhelming majority of fighters. Very few come along that can basically set up shop and run their own show. Which means the majority have to rely on the various bloodsuckers that inhabit the business.

Larry Holmes basically owns his hometown of Easton, Pennsylvania. Listening to Holmes, you wouldn't think he's the brightest guy around. But he is. He was in Don King's clutches early in HIS career. King basically had boxing in his pocket. If a fighter didn't sign with him, he could forget about EVER getting a title shot. He had the alphabet organizations in his pocket, and you'd NEVER get ranked #1 so you could get your mandatory shot. Holmes got tired of getting robbed, and sued his way free. Much of the money from his purses was going towards real estate investments in his home town. Most of the office buildings, etc. are HIS. They pay HIM rent. When he made those comebacks, it wasn't because he was broke. It was because he was bored, and fighting is what he knows.

Mike had people around him that actually cared about him (D'Amato adopted him and brought him up to Catskill to live and train), with Jose Torres (a former champ trained by D'Amato), Bill Cayton and Jim Jacobs to handle business. Once they either died or got pushed out by King/Givens/Ruth Roper, Mike was doomed. King had the biggest moneymaker in the game all to himself. He was double/triple/quadruple dipping on Mike, with his son AND daughter on the payroll getting a cut. In the ring, Mike was a confident destroyer, but outside of it, he was an insecure kid. Also, when we look at what a guy made over his career, we're adding up the total purses, but not how much of it actually made it to his pocket after the trainers, managers, promoters and various hangers-on got theirs. Then you throw in the lifestyle expenses and other costs...

Like I said...only the special few leave the game better than when they entered it.

Dont forget Kevin Rooney. Once he was gone things came tumbling down quickly.

[MikeCF]

(07-03-2013 11:24 PM)Teutatis Wrote:  

He was an incredible fighter, no doubt about that, and I actually like the guy, I think he is probably a good guy, but he has the IQ of an ant.

You're confusing IQ with mental illness.

As you get older, you'll start to see brilliant people (as measured by IQ and career success) totally fuck up their personal finances and life.

It's not fun watching, but you can't really stop it.

[Hotwheels]

^^^^Been there, done that. Got the tshirt

Got my shit straightened out.

For the most part.