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03-12-2011, 10:12 PM
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#1 (permalink)
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Status: Champion Join Date: Nov 2006 Posts: 1,259
| Here's a question.
I'm putting this in the noob section, because I feel it belongs here.
With the UFC buying out Affliction and Strikeforce, it made me think about something.
Do you all think that a MMA company would be successful if an actual Billionair, like......say that oil billionaire from Mexico....started one off....and didn't give a shit about losing money for a few years (why would he care since he's worth billions and billions of dollars)...and just paid guys straight up way more than any other mma company would pay. Do you think that in the longterm it would pay him off? Like if he was ok for taking.....say...even a 10 to 20 million year loss for a while (what's 20 million lost when you are fucking worth God?). Do you think it would end up being successful? Basically stealing people away by overpaying?
This is why I put this in noob section.
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03-12-2011, 11:27 PM
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#2 (permalink)
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Status: Not the face! Join Date: Jun 2008 Posts: 771
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Yes and no. Yes, I think if a multi-trillionaire dumped ridiculous amounts of money at a massive short-term loss, he would cement a monopoly over MMA (or just about any sport if cashflow wasn't an issue at all) but one should also consider that---for X amount of wasteful, short-term spending---there is much easier and positive investments to be made. E.g. investment trading (quite lucrative for both short- and long-term with inherently less risks than investing in the sport of MMA).
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03-12-2011, 11:35 PM
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#3 (permalink)
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Location: Where I live? No I ask the questions here Posts: 14,108
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Its not all about money. You gotta run your business in a good, competitive nature something Affliction, Elite XC and to an extent Strikeforce weren't doing.
__________________ When There is No More Room in Hell
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03-12-2011, 11:53 PM
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#4 (permalink)
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Status: Champion Join Date: Nov 2006 Posts: 1,259
| Quote:
Originally Posted by Otomosix Yes and no. Yes, I think if a multi-trillionaire dumped ridiculous amounts of money at a massive short-term loss, he would cement a monopoly over MMA (or just about any sport if cashflow wasn't an issue at all) but one should also consider that---for X amount of wasteful, short-term spending---there is much easier and positive investments to be made. E.g. investment trading (quite lucrative for both short- and long-term with inherently less risks than investing in the sport of MMA). | I realize that about better investments.....but I'm assuming the oil guy does as well. I'm just saying the hypothetical that he doesn't give a shit and wants to build up MMA. But Sakara also has a point about running it, besides having unlimited money. And yes......there is some oil billionaire from Mexico...don't know his name...but he's so fucking rich, that I thought he'd be a good example to use. He could lose 100 million a year and still piss in a golden toilet with a paid whore to suck him off while doing so.
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03-13-2011, 12:04 AM
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#5 (permalink)
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Location: Where I live? No I ask the questions here Posts: 14,108
| Quote:
Originally Posted by DarkMage I realize that about better investments.....but I'm assuming the oil guy does aHe could lose 100 million a year and still piss in a golden toilet with a paid whore to suck him off while doing so. | EPIC.
What would you do with a million dollars?
I'll tell you what I'd do Peter, man...two chicks at the same time.
__________________ When There is No More Room in Hell
The Dead Will Walk the Earth  |
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03-13-2011, 12:13 AM
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#6 (permalink)
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Status: Champion Join Date: Nov 2006 Posts: 1,259
| Quote:
Originally Posted by Sakara=Excitement EPIC.
What would you do with a million dollars?
I'll tell you what I'd do Peter, man...two chicks at the same time. | I'd put $600,000 thousand into a portfolio (stocks, bonds, cds), $100,000 into a checking account, and the other $300,000 would be to go finding a black Lamborgini Diablo.
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03-13-2011, 12:15 AM
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#7 (permalink)
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Location: Where I live? No I ask the questions here Posts: 14,108
| Quote:
Originally Posted by DarkMage I'd put $600,000 thousand into a portfolio (stocks, bonds, cds), $100,000 into a checking account, and the other $300,000 would be to go finding a black Lamborgini Diablo. | Ah that was a Office Space reference...the million dollar thing. For some reason it's the first thing that popped into my head when I read that.
__________________ When There is No More Room in Hell
The Dead Will Walk the Earth  |
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03-13-2011, 12:18 AM
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#8 (permalink)
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Status: Champion Join Date: Nov 2006 Posts: 1,259
| Quote:
Originally Posted by Sakara=Excitement Ah that was a Office Space reference...the million dollar thing. For some reason it's the first thing that popped into my head when I read that. | Well in that case......I'd invest in a "jump to conclusions mat".
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03-13-2011, 12:22 AM
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#9 (permalink)
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Location: Where I live? No I ask the questions here Posts: 14,108
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Originally Posted by DarkMage Well in that case......I'd invest in a "jump to conclusions mat". | Get it? It's a JUMP...to conclusions mat.
HAHAHA Rep'd dude.
__________________ When There is No More Room in Hell
The Dead Will Walk the Earth  |
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03-13-2011, 12:26 AM
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#10 (permalink)
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Status: Not the face! Join Date: Jun 2008 Posts: 771
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I'm gonna have to ask both of you to come in this weekend and work. Yeah...that'd be grrrreeeaaat.
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