Monday, December 15, 2014

The 17 Year Old Who's Made $72-Million on the Market NOT

He's got a Beamer he can't drive yet because he hasn't gotten his license and he's got a Manhattan pad which he can't move into for another year, but this bright kid has amassed a fortune trading penny stocks.

It's an amazing story, but also a bit disturbing to me:

"It all comes down to this," Islam told New York. "What makes the world go round? Money. If money is not flowing, if businesses don't keep going, there's no innovation, no products, no investments, no growth, no jobs."
It's true that the flow of money can lead to innovation, new products, and new jobs. Those are important things. But money doesn't make the world go round. That distinction belongs to the One Who made the world, I think.

You might like to look at the following pieces:

Your Money or Your Life
"How Many Loaves Have You?"

[UPDATE: Turns out that the young man hasn't amassed a fortune.]

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