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Home » At one time, Pablo Escobar was one of the richest people in the world. Does that make him someone we should listen to for advice?

At one time, Pablo Escobar was one of the richest people in the world. Does that make him someone we should listen to for advice?

Being wealthy or an actor, singer, or athlete does not give them some magical ability to provide sound advice better than what we consider an average person. Our Democracy is being threatened by the very wealthy; they control much of the media, and they use that to help themselves become richer. Too many of them have companies valued way beyond what they are worth. They are often losing money, but the company’s value keeps increasing. There used to be a time when a company could be sold for more than it was worth.

For Tesla, by contrast, Wall Street’s excitement about the future of electric vehicles has pushed the company’s market value to more than the 11 largest global automakers combined.

Tesla is worth more than three times as much as Toyota (TM), the second most valuable automaker, which has a market cap of about $280 billion, and boasts sales and profits that dwarf those of Tesla.

Last year Tesla sold only 500,000 cars worldwide — meaning its current market value is equivalent to roughly $2 million per vehicle sold.

Source

Those types of companies are like cryptocurrencies, and the value only exists in some people’s minds.

Donald Trump at least has properties that have real value; unfortunately, he has most of them heavily leveraged (he borrowed too much money against them).

I created a Facebook account and started accepting almost everyone that Facebook recommended as friends. It did not take long before I had nearly 3,000 friends. But many were the same person, with duplicate images and messages. The people paying for the advertisement are the losers. I assume Facebook works the same way other media work; the more people, the more they can charge for advertising. That is why the New York Times offered me digital access for one dollar a week instead of the nearly $400 they usually would charge. If you tend to click on their advertisements, then your account is more valuable to them. They don’t make money from the subscribers; it is made from the people who pay to advertise.

Since I used the name Pablo Escobar, Facebook deleted my message and prohibited me from posting live videos and other activities. I could not believe it.

Facebook is one of the worst websites because it tracks all your internet browsing. Even now, after deactivating my account, they will continue tracking my browsing.

It won’t come as much of a surprise that Facebook tracks you on its platform—that’s why it can resurface your birthday photos from five years ago—but you might not yet realize the scope and the depth of its tracking all across the internet. Facebook’s tentacles stretch out across other websites and services, into the various apps you’re using on your phone, and to the places you physically visit in the real world—especially if you decide to check in on Facebook while you’re there.

this is not a company with a good track record when it comes to looking after your data. Irrespective of how Facebook itself has used your information, it’s certainly been careless in the ways that information has been shared with third parties.

To make matters more complicated, Facebook owns WhatsApp and Instagram too, and can pool some of the information it gathers in those apps as well. The best way to limit Facebook’s tracking is to quit all three apps for good. If that’s too extreme for you, we’ve got some more suggestions.

Do I track anyone who comes and visits this website? No. However, some of the programs I use to make the WordPress site have cookies, and they may be tracking you. But I am not sure that they are.

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