View Full Version : No More Handouts From Benny and Co?
FilipinoHibs
13-06-2022, 08:48 PM
Folks on here are probably aware the world's stock and bond markets are in meltdown. Central banks are raising interest rates to fight surging inflation. A global recession is on the cards.
Benny's Scottish Mortgage is down 56% from its peak. Tech stocks are in meltdown with Tesla down 48% and the speculative Ark tech fund down 77%. The broad US stockmarket is down over 20%.
The nearest comparison is tge 1973 to 1975 period. Then football clubs did not depend on rich individuals with a high paper wealth.
That has changed and many clubs are now financed by such people. This might see a bursting of the great football bubble as owners start tightening up their finances. Our own Ron will be taking a hit to. The masses themselves will be looking to cut back on their luxury spending as inflation eats into their finances. So expect to see a reduction in subscriptions to Sky Sports etc and a reduction in season ticket sales.
Players' wages will have to come down to deal with this new economic climate.
The Oil Princes of course will benefit from the high oil prices and the Man Cities of this world will be partially protected.
Dalianwanda
13-06-2022, 09:19 PM
Fair enough all this new stuff but have you not been saying this for years? And he's still giving them cash....plus others
CropleyWasGod
13-06-2022, 09:39 PM
Anderson left SM at the end of April.
He, personally (not SM), has committed himself "in the long term " to financially support Hearts.
FRes Hibbie
13-06-2022, 09:47 PM
Pseudo-intellectual rambling.
Pedantic_Hibee
13-06-2022, 09:47 PM
Folks on here are probably aware the world's stock and bond markets are in meltdown. Central banks are raising interest rates to fight surging inflation. A global recession is on the cards.
Benny's Scottish Mortgage is down 56% from its peak. Tech stocks are in meltdown with Tesla down 48% and the speculative Ark tech fund down 77%. The broad US stockmarket is down over 20%.
The nearest comparison is tge 1973 to 1975 period. Then football clubs did not depend on rich individuals with a high paper wealth.
That has changed and many clubs are now financed by such people. This might see a bursting of the great football bubble as owners start tightening up their finances. Our own Ron will be taking a hit to. The masses themselves will be looking to cut back on their luxury spending as inflation eats into their finances. So expect to see a reduction in subscriptions to Sky Sports etc and a reduction in season ticket sales.
Players' wages will have to come down to deal with this new economic climate.
The Oil Princes of course will benefit from the high oil prices and the Man Cities of this world will be partially protected.
You’re absolutely bonkers.
FilipinoHibs
13-06-2022, 09:49 PM
Anderson left SM at the end of April.
He, personally (not SM), has committed himself "in the long term " to financially support Hearts.
Some of his wealth tied up in SMT but all asset classes are down heavily. Paper wealth will be a lot smaller now.
FilipinoHibs
13-06-2022, 09:51 PM
Fair enough all this new stuff but have you not been saying this for years? And he's still giving them cash....plus others
I have been preducting this crash for some time. But it is here people will have to tighten their belts.
FilipinoHibs
13-06-2022, 09:52 PM
You’re absolutely bonkers.
That is the John Swinney reply. You actually have to say why and give some reasons.
SHODAN
13-06-2022, 09:55 PM
Nah can we not have this tick tock pish again please.
CropleyWasGod
13-06-2022, 09:58 PM
I have been preducting this crash for some time. But it is here people will have to tighten their belts.
Do you not think that JA has also predicted it, and has taken appropriate action?
FRes Hibbie
13-06-2022, 10:02 PM
That is the John Swinney reply. You actually have to say why and give some reasons.
You hint that Hearts might be not get any more cash from their benefactor - to the extent it’s worth starting a new thread to mention.
This might happen because of an economic downturn you predicted some time ago but you also predicted it’ll be the average folk that have to pay the price.
Oh also, our own owner will probably take a hit to the pocket too.
What exactly is your point?
Empty vessel making noise.
FilipinoHibs
13-06-2022, 10:16 PM
You hint that Hearts might be not get any more cash from their benefactor - to the extent it’s worth starting a new thread to mention.
This might happen because of an economic downturn you predicted some time ago but you also predicted it’ll be the average folk that have to pay the price.
Oh also, our own owner will probably take a hit to the pocket too.
What exactly is your point?
Empty vessel making noise.
Think my point is pretty obvious in my post.
BILLYHIBS
14-06-2022, 04:46 AM
Don’t panic Pike !
So what do you suggest us investors do sit tight or crystallise our loss ?
It makes you wonder how much Ron has pumped into our club during the recent pandemic
I bet at times he wishes he hadn’t bothered
The club needs us supporters now more than ever in these difficult financial times and 10000 have stepped up to the plate with more no doubt to follow before the big kick off
All we need now is a team on the park worth supporting
Since452
14-06-2022, 05:22 AM
Who is Benny?
bigwheel
14-06-2022, 05:35 AM
Folks on here are probably aware the world's stock and bond markets are in meltdown. Central banks are raising interest rates to fight surging inflation. A global recession is on the cards.
Benny's Scottish Mortgage is down 56% from its peak. Tech stocks are in meltdown with Tesla down 48% and the speculative Ark tech fund down 77%. The broad US stockmarket is down over 20%.
The nearest comparison is tge 1973 to 1975 period. Then football clubs did not depend on rich individuals with a high paper wealth.
That has changed and many clubs are now financed by such people. This might see a bursting of the great football bubble as owners start tightening up their finances. Our own Ron will be taking a hit to. The masses themselves will be looking to cut back on their luxury spending as inflation eats into their finances. So expect to see a reduction in subscriptions to Sky Sports etc and a reduction in season ticket sales.
Players' wages will have to come down to deal with this new economic climate.
The Oil Princes of course will benefit from the high oil prices and the Man Cities of this world will be partially protected.
IIRC rightly, you are regularly on here with this line, or a derivation of it. Anderson’s wealth is far greater than his interest in this. He is fully committed to continue to fund Hearts. In fact recently I heard, he was pushing for those on the Hearts board who weren’t going to put their money down too, to be replaced by those who will. They are currently in rude financial health..As good as they’ve ever been probably. Anything else is fanciful.
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FilipinoHibs
14-06-2022, 05:44 AM
IIRC rightly, you are regularly on here with this line, or a derivation of it. Anderson’s wealth is far greater than his interest in this. He is fully committed to continue to fund Hearts. In fact recently I heard, he was pushing for those on the Hearts board who weren’t going to put their money down too, to be replaced by those who will. They are currently in rude financial health..As good as they’ve ever been probably. Anything else is fanciful.
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The financial landscape has changed dramatically particularly over the last few weeks. Benny and other individuals whose wealth is attached to the financial markets are significantly less well off. They will be reappraising their financial commitments.
bigwheel
14-06-2022, 06:01 AM
The financial landscape has changed dramatically particularly over the last few weeks. Benny and other individuals whose wealth is attached to the financial markets are significantly less well off. They will be reappraising their financial commitments.
He’s not…get over it
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Heisenberg
14-06-2022, 06:09 AM
The financial landscape has changed dramatically particularly over the last few weeks. Benny and other individuals whose wealth is attached to the financial markets are significantly less well off. They will be reappraising their financial commitments.
You really need to let this go. He is going to continue chucking his cash at them whether you like it or not.
green day
14-06-2022, 06:11 AM
The financial landscape has changed dramatically particularly over the last few weeks. Benny and other individuals whose wealth is attached to the financial markets are significantly less well off. They will be reappraising their financial commitments.
In broad terms, that is everyone then. Outside of those who have assets that are guaranteed (e.g. a guaranteed final salary pension).
However for the vast majority, they will be in funds that are diversified across the world and across different markets.
If you had all your money tied up in oil and gas, you will be making a fortune - however, even the Saudis who have a huge wealth fund will not have everything tied up in these and will be diversified like everyone else.
Most people look on investment decisions over the longer term - While you are right that the S&P 500 is down 20% over the last 6 months..............but even with that loss it is still up 54% over the last 5 years.
I dont see James Anderson changing his commitment to Hearts funding, he doesnt strike me as someone who would commit the cash unless it was freely available.
Yorkshire HFC
14-06-2022, 06:13 AM
The financial landscape has changed dramatically particularly over the last few weeks. Benny and other individuals whose wealth is attached to the financial markets are significantly less well off. They will be reappraising their financial commitments.
The FTSE 100 index is higher than it was 12 months ago.
FilipinoHibs
14-06-2022, 06:23 AM
The FTSE 100 index is higher than it was 12 months ago.
He is not invested in the FTSE 100. He us invested in tech growth which is getting slaughtered. The FTSE is 1% higher from a year ago and being held up by energy stocks. That is not his domain.
Dalianwanda
14-06-2022, 06:33 AM
I have been preducting this crash for some time. But it is here people will have to tighten their belts.
That’s what I mean. In terms of how this has affected him and Hearts you have never been right. You can surely see why folk are sceptical
CropleyWasGod
14-06-2022, 06:40 AM
He is not invested in the FTSE 100. He us invested in tech growth which is getting slaughtered. The FTSE is 1% higher from a year ago and being held up by energy stocks. That is not his domain.
Have you seen his portfolio?
FilipinoHibs
14-06-2022, 07:06 AM
Have you seen his portfolio?
SMT started its decline last November when Benny was at the helm. Previous low was March. All before he left. He does not seem to have taken appropriate action. Everything is down there are no hiding places unless he was in Oil. Cash is no good with inflation running at 10%. This a rerun of 73-75 but with addition of pandemic, climate chaos and a prolonged war in Europe.
I posted a doomsday scenario on a Financial network yesterday. It got 23,000 views, 100s of likes and tens of shares. This is from financial professionals most of whom are hurting badly. Batten down the hatches where are in for a long storm.
Since90+2
14-06-2022, 07:11 AM
OP is obsessed with this.
James Anderson clearly knows his stuff when it comes to the markets, more than the OP does, so I'm sure none of this is a massive shock to him.
These repeated threads about Anderson are pathetic to be honest.
Jones28
14-06-2022, 07:11 AM
The guy has got money to burn. He will be fine. Hearts will continue to benefit from his considerable amounts of “**** you” money.
The Spaceman
14-06-2022, 07:13 AM
OP is obsessed with this.
James Anderson clearly knows his stuff when it comes to the markets, more than the OP does, so I'm sure none of this is a massive shock to him.
These repeated threads about Anderson are pathetic to be honest.
Well said. He is an exceptionally talented investor and is, objectively, trying to put money to good use. Wish it was us he was backing.
CropleyWasGod
14-06-2022, 07:19 AM
SMT started its decline last November when Benny was at the helm. Previous low was March. All before he left. He does not seem to have taken appropriate action. Everything is down there are no hiding places unless he was in Oil. Cash is no good with inflation running at 10%. This a rerun of 73-75 but with addition of pandemic, climate chaos and a prolonged war in Europe.
I posted a doomsday scenario on a Financial network yesterday. It got 23,000 views, 100s of likes and tens of shares. This is from financial professionals most of whom are hurting badly. Batten down the hatches where are in for a long storm.
So that's a "no"?
Jones28
14-06-2022, 07:25 AM
SMT started its decline last November when Benny was at the helm. Previous low was March. All before he left. He does not seem to have taken appropriate action. Everything is down there are no hiding places unless he was in Oil. Cash is no good with inflation running at 10%. This a rerun of 73-75 but with addition of pandemic, climate chaos and a prolonged war in Europe.
I posted a doomsday scenario on a Financial network yesterday. It got 23,000 views, 100s of likes and tens of shares. This is from financial professionals most of whom are hurting badly. Batten down the hatches where are in for a long storm.
Can you link your article? It would be good to get other peoples perspective on your view - which I'm sure is a well educated one by the way.
The only thing I disagree with you on is that he will suddenly pull the plug and Hearts will start to circle the drain again: I don't think he will and even if he does they have 8000 fans digging in to their pockets every month to put extra cash in to the club, as well as their European football generating extra cash.
jacomo
14-06-2022, 10:09 AM
I have been preducting this crash for some time. But it is here people will have to tighten their belts.
You predicted Benny had lost all his money before, and it didn’t seem to impact his support for Hearts.
FilipinoHibs
14-06-2022, 10:19 AM
Can you link your article? It would be good to get other peoples perspective on your view - which I'm sure is a well educated one by the way.
The only thing I disagree with you on is that he will suddenly pull the plug and Hearts will start to circle the drain again: I don't think he will and even if he does they have 8000 fans digging in to their pockets every month to put extra cash in to the club, as well as their European football generating extra cash.
I don't think he will pull the plug but be more prudent
Here is my post on Financial media group:
Is This 1973 All Over Again?
In 1973 there was as an oil price shock when the Arab producers cut off supplies to those countries that supported Israel in its war in the occupied Palestinian territories and Golan Heights.
There was a surge in inflation that averaged 11% in 1974. As inflation ate into people's buying power, unsold goods built up in warehouses. Companies cut back on production and laid off workers with unemployment reaching 9% in the major economies.
A recession followed that lasted 17 months from November 73. The global economy shrank by 3.2%.
The Dow Jones sank 45% and did not recover its pre recession peak until 1983 after a second milder recession.
The parallels with today are frightening.
FilipinoHibs
14-06-2022, 10:24 AM
You predicted Benny had lost all his money before, and it didn’t seem to impact his support for Hearts.
No I did not say that. I pointed out at the time we did not know who Benny was, a poster who knew the chairperson of FOH, said that Benny was prioritising other causes when the markets melted down at the outbreak of Covid 19.
I pointed out if there was another meltdown which I predicted would happen this year there would be a similar reappraisal. We are in the middle of that meltdown now.
Stanton Spence
14-06-2022, 10:34 AM
How many more times are you going to come out with this benny stuff, it seems your a bit obsessed with him
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AL-Qaholik
14-06-2022, 10:39 AM
:tub4:
Pagan Hibernia
14-06-2022, 10:48 AM
Hearts are going to be fine financially with or without benefactors. FOH is worth millions to them and they have a very lucrative European run to look forward to.
FilipinoHibs
14-06-2022, 11:06 AM
World’s Richest Have Lost $1.4*Trillion in 2022 After Rapid Gains https://www.bloomberg.com/news/articles/2022-06-14/world-s-richest-have-lost-1-4-trillion-in-2022-after-rapid-gains
FilipinoHibs
14-06-2022, 11:07 AM
Is This 1973 All Over Again Part Two ?
The 1973 Middle East War only lasted 19 days.
The current war is in Europe in the Ukraine and is over 100 days old with no end in sight.
The war in 1973 hit oil prices. The Ukraine war has hit oil, gas, wheat and fertiliser prices.
We are more dependent on global trade than we were in 1973. This means high oil prices hit the cost of transporting goods so has a more inflationary impact now than it did in 1973.
In 2021 the warehouses of the world were being filled with goods in the expectation of high consumer demand. World trade in 2021 was $28.5 trillion, 13% higher than in 2019. As inflation eats into consumers spending power, we are seeing a massive overproduction of goods lying unsold in these warehouses. Producers will cut back on producing goods and making some of their workers redundant.
There was no global pandemic in 1973 with broken supply chains.
There was no climate chaos in 1973.
The US debt to GDP was 33% in 1973, currently it is 140%.
Central banks typically cut interest rates and pump money into the economy to recover from a recession. In 1973 they could not do that because they were fighting inflation. The same applies now which is why we are likely to see a prolonged recession and a long period of stagflation.
#economy #interestrates #globaltrade #oil #supplychains #warehouses
Jones28
14-06-2022, 11:07 AM
I don't think he will pull the plug but be more prudent
Here is my post on Financial media group:
Is This 1973 All Over Again?
In 1973 there was as an oil price shock when the Arab producers cut off supplies to those countries that supported Israel in its war in the occupied Palestinian territories and Golan Heights.
There was a surge in inflation that averaged 11% in 1974. As inflation ate into people's buying power, unsold goods built up in warehouses. Companies cut back on production and laid off workers with unemployment reaching 9% in the major economies.
A recession followed that lasted 17 months from November 73. The global economy shrank by 3.2%.
The Dow Jones sank 45% and did not recover its pre recession peak until 1983 after a second milder recession.
The parallels with today are frightening.
Can you post a link with the replies and comments from other experts? It would be interesting to see what others have to say.
SaulGoodman
14-06-2022, 11:26 AM
Are you Sergey reincarnate?
Tyler Durden
14-06-2022, 11:26 AM
I don't think he will pull the plug but be more prudent
Here is my post on Financial media group:
Is This 1973 All Over Again?
In 1973 there was as an oil price shock when the Arab producers cut off supplies to those countries that supported Israel in its war in the occupied Palestinian territories and Golan Heights.
There was a surge in inflation that averaged 11% in 1974. As inflation ate into people's buying power, unsold goods built up in warehouses. Companies cut back on production and laid off workers with unemployment reaching 9% in the major economies.
A recession followed that lasted 17 months from November 73. The global economy shrank by 3.2%.
The Dow Jones sank 45% and did not recover its pre recession peak until 1983 after a second milder recession.
The parallels with today are frightening.
Well done on getting 100 likes and 10 shares for this nonsense.
Maybe you can take it to the Holy Ground next time.
SHODAN
14-06-2022, 11:39 AM
Are you Sergey reincarnate?
Don't remind me.
I really wish that the laughing we're doing at Hearts' expense is when we're winning games against them rather than vague predictions of their impending doom.
Mind when we were beating them regularly? Not a single tick tock thread to be seen.
sadtom
14-06-2022, 11:51 AM
Who is Benny?
25947
Hiber-nation
14-06-2022, 12:04 PM
Are you Sergey reincarnate?
Beat me to it!
I can't actually believe I've read through the thread to remind myself why he's the only person on the planet to call the guy "Benny".
Nah can we not have this tick tock pish again please.
Anderson's not doing silly videos of him dancing and singing seas shanties now is he? 😃
SMT started its decline last November when Benny was at the helm. Previous low was March. All before he left. He does not seem to have taken appropriate action. Everything is down there are no hiding places unless he was in Oil. Cash is no good with inflation running at 10%. This a rerun of 73-75 but with addition of pandemic, climate chaos and a prolonged war in Europe.
I posted a doomsday scenario on a Financial network yesterday. It got 23,000 views, 100s of likes and tens of shares. This is from financial professionals most of whom are hurting badly. Batten down the hatches where are in for a long storm.
TENS of shares from 23,000 views, you must have really struck a cord with the fellow commenters........
One Day Soon
14-06-2022, 12:49 PM
This thread is awful. Get it locked or lost.
Pagan Hibernia
14-06-2022, 01:23 PM
Don't remind me.
I really wish that the laughing we're doing at Hearts' expense is when we're winning games against them rather than vague predictions of their impending doom.
Mind when we were beating them regularly? Not a single tick tock thread to be seen.
not really, no.
Carheenlea
14-06-2022, 08:40 PM
This Financial Media Group sounds like a million laughs - where do I sign up?
FilipinoHibs
15-06-2022, 03:08 AM
In broad terms, that is everyone then. Outside of those who have assets that are guaranteed (e.g. a guaranteed final salary pension).
However for the vast majority, they will be in funds that are diversified across the world and across different markets.
If you had all your money tied up in oil and gas, you will be making a fortune - however, even the Saudis who have a huge wealth fund will not have everything tied up in these and will be diversified like everyone else.
Most people look on investment decisions over the longer term - While you are right that the S&P 500 is down 20% over the last 6 months..............but even with that loss it is still up 54% over the last 5 years.
I dont see James Anderson changing his commitment to Hearts funding, he doesnt strike me as someone who would commit the cash unless it was freely available.
This is just the start. Situation is very similar to 1973 when 50% was knocked off the value of shares. That takes us back to 5 year ago levels. Inflation is running at 10% a year eroding wealth with it. The US central bank sees inflation elevated until at least 2024 and they have been behind the curve on everything. We know from another poster that Benny was going to cut back on his commitment to Hearts when we had the covid-19 crash. Things are much worse with inflation and war in Europe. No Baillie Gifford salary and bonus now.
bigwheel
15-06-2022, 06:38 AM
This is just the start. Situation is very similar to 1973 when 50% was knocked off the value of shares. That takes us back to 5 year ago levels. Inflation is running at 10% a year eroding wealth with it. The US central bank sees inflation elevated until at least 2024 and they have been behind the curve on everything. We know from another poster that Benny was going to cut back on his commitment to Hearts when we had the covid-19 crash. Things are much worse with inflation and war in Europe. No Baillie Gifford salary and bonus now.
You are coming over desperate for this to be true…his family (wife) has just increased their commitment to Glasgow city football, team…they are not going anywhere…never been a short term investor, not going to start now…regardless of bear market conditions.
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CropleyWasGod
15-06-2022, 06:55 AM
This is just the start. Situation is very similar to 1973 when 50% was knocked off the value of shares. That takes us back to 5 year ago levels. Inflation is running at 10% a year eroding wealth with it. The US central bank sees inflation elevated until at least 2024 and they have been behind the curve on everything. We know from another poster that Benny was going to cut back on his commitment to Hearts when we had the covid-19 crash. Things are much worse with inflation and war in Europe. No Baillie Gifford salary and bonus now.
He is now employed by Kinnevik AB.
FilipinoHibs
15-06-2022, 06:59 AM
You are coming over desperate for this to be true…his family (wife) has just increased their commitment to Glasgow city football, team…they are not going anywhere…never been a short term investor, not going to start now…regardless of bear market conditions.
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Not desperate to be true. Just pointing out his past behaviour when there was a crash not as serious as this one.
FilipinoHibs
15-06-2022, 07:02 AM
He is now employed by Kinnevik AB.
A growth investor in digital technologies. An area that has been slaughtered since November of last year.
The share price has halved over the last year.
CropleyWasGod
15-06-2022, 07:06 AM
A growth investor in digital technologies. An area that has been slaughtered since November of last year.
The share price has halved over the last year.
How much is his salary?
FilipinoHibs
15-06-2022, 07:17 AM
How much is his salary?
No idea but nothing like his Baillie Gifford one and there ain't going to be getting any bonus.
Benny (James Anderson) is not the great investor people make him out to be. He rode a speculative wave of high tech growth stocks that was fuelled by cheap money from central banks.
SMT five year return 72%
Nasdaq five year return 100%
You would have smashed SMT over 5 years by just buying a Nasdaq Index fund.
CropleyWasGod
15-06-2022, 07:19 AM
No idea but nothing like his Baillie Gifford one and there ain't going to be getting any bonus.
Benny (James Anderson) is not the great investor people make him out to be. He rode a speculative wave of high tech growth stocks that was fuelled by cheap money from central banks.
SMT five year return 72%
Nasdaq five year return 100%
You would have smashed SMT over 5 years by just buying a Nasdaq Index fund.
So, to summarise.
We don't know how much he's getting paid in his new job.
We don't know what his share portfolio is.
We don't know what his disposable income is.
Hearts are ****ed.
Since90+2
15-06-2022, 07:37 AM
No idea but nothing like his Baillie Gifford one and there ain't going to be getting any bonus.
Benny (James Anderson) is not the great investor people make him out to be. He rode a speculative wave of high tech growth stocks that was fuelled by cheap money from central banks.
SMT five year return 72%
Nasdaq five year return 100%
You would have smashed SMT over 5 years by just buying a Nasdaq Index fund.
The obvious question is, if you have all this knowledge over and above Anderson, when should we expect you to be pumping your millions into Hibs?
FilipinoHibs
15-06-2022, 08:02 AM
The obvious question is, if you have all this knowledge over and above Anderson, when should we expect you to be pumping your millions into Hibs?
I already have a small fortune. I have no need to turn a large fortune into a small one.
bigwheel
15-06-2022, 08:17 AM
Not desperate to be true. Just pointing out his past behaviour when there was a crash not as serious as this one.
How many variations of this thread have you started ?? Must be at least five
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FilipinoHibs
15-06-2022, 08:32 AM
How many variations of this thread have you started ?? Must be at least five
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I warned of the current scenario several months ago. Now that we are in the midst of it with added ingredient of the Ukraine war, it is worth revisting. Life is going to be tough for all of us. The fall in people's wealth especially those, like Benny, invested in speculative assets is already spectacular.
A Hi-Bee
15-06-2022, 08:47 AM
**** the hertz, end of story.
:greengrin:greengrin:greengrin:greengrin:greengrin :greengrin:greengrin
SaulGoodman
15-06-2022, 08:49 AM
I already have a small fortune. I have no need to turn a large fortune into a small one.
🤣🤣🤣
hibbyfraelibby
15-06-2022, 08:55 AM
Who is Benny?
I'll Factor in to my answer you have never heard of Don Orr either
easty
15-06-2022, 09:18 AM
World’s Richest Have Lost $1.4*Trillion in 2022 After Rapid Gains https://www.bloomberg.com/news/articles/2022-06-14/world-s-richest-have-lost-1-4-trillion-in-2022-after-rapid-gains
Though they made £1trillion in the year previous, so they'll probably not be visiting any food banks
https://edition.cnn.com/2022/01/04/business/billionaires-gain-1-trillion-wealth/index.html
easty
15-06-2022, 09:19 AM
I warned of the current scenario several months ago. Now that we are in the midst of it with added ingredient of the Ukraine war, it is worth revisting. Life is going to be tough for all of us. The fall in people's wealth especially those, like Benny, invested in speculative assets is already spectacular.
The fall in his wealth maybe "spectacular", but I'd swap it for mines!
WeeRussell
15-06-2022, 09:20 AM
Are you Sergey reincarnate?
Please no. He’s surely busy scouting all those pub league games that are a better standard than our premier league.
WeAreHibs
15-06-2022, 09:24 AM
I already have a small fortune. I have no need to turn a large fortune into a small one.
Partly due you getting a quid for everytime you posted this nonsense!
Jones28
15-06-2022, 09:31 AM
I warned of the current scenario several months ago. Now that we are in the midst of it with added ingredient of the Ukraine war, it is worth revisting. Life is going to be tough for all of us. The fall in people's wealth especially those, like Benny, invested in speculative assets is already spectacular.
Can you post a link to the page where you posted your thoughts? It would be interesting to read other people opinions.
WeeRussell
15-06-2022, 09:37 AM
F***** Benny? Seriously?
JohnM1875
15-06-2022, 10:50 AM
OP does mention this a lot and gets some stick for it. But tell you what, I'd absolutely love it if he was right and they don't get any more money from him.
I know Budge said he had a five year investment agreement with them though and that was only a few year ago.
bigwheel
15-06-2022, 10:59 AM
OP does mention this a lot and gets some stick for it. But tell you what, I'd absolutely love it if he was right and they don't get any more money from him.
I know Budge said he had a five year investment agreement with them though and that was only a few year ago.
Yep. It’s wishful thinking though - he is solid in his commitment …
Yorkshire HFC
15-06-2022, 11:08 AM
I warned of the current scenario several months ago. Now that we are in the midst of it with added ingredient of the Ukraine war, it is worth revisting. Life is going to be tough for all of us. The fall in people's wealth especially those, like Benny, invested in speculative assets is already spectacular.
History tells us that it's not the very rich who suffer most during downturns - it's the ordinary man in the street. I don't know anything about him, but I'd be surprised if a large part of his wealth wasn't suitably protected.
On this website would it not be more relevant to discuss the potential consequences for Hibs?
ScottB
15-06-2022, 11:22 AM
Ultimately, the guy isn’t an idiot. I’m sure if folk on here could see a downturn coming that might have effected his wealth, either he or an adviser of his will have too.
Can’t fault his generosity, we’re all lucky Hearts have largely wasted what he’s given them.
tamig
15-06-2022, 11:31 AM
You’ve been banging this drum for too long - and nothing changes. Anderson committed to supporting them for at least the next five years when they were relegated in 2020.
Brooster
15-06-2022, 11:54 AM
I already have a small fortune. I have no need to turn a large fortune into a small one.
In what way do you support Hibs in a financial sense? Do you buy a season ticket, hospitality, sponsor a player, contribute to HSL?
Keith_M
15-06-2022, 04:53 PM
Fair enough all this new stuff but have you not been saying this for years? And he's still giving them cash....plus others
Yeah, I'm sure I've read this a few times before.
I can't imagine many Hearts Fans will be too worried about this.
FilipinoHibs
16-06-2022, 07:42 AM
In what way do you support Hibs in a financial sense? Do you buy a season ticket, hospitality, sponsor a player, contribute to HSL?
HIBS TV. I have a large family to support. Was a season ticket holder with me and sons when I lived in Edinburgh.
flash
16-06-2022, 07:54 AM
HIBS TV. I have a large family to support. Was a season ticket holder with me and sons when I lived in Edinburgh.
You just said you have a small fortune.
Just how big is that family?
FilipinoHibs
16-06-2022, 08:04 AM
You just said you have a small fortune.
Just how big is that family?
Eleven people with three children going through university. There is no welfare state in the Philippines.
Are all fans being means tested now to see how much more they can give the club?
Jones28
16-06-2022, 09:15 AM
Eleven people with three children going through university. There is no welfare state in the Philippines.
Are all fans being means tested now to see how much more they can give the club?
Are you able to post the link to the post you made that received all these likes and comments? I’d be interested to read the feedback.
FilipinoHibs
16-06-2022, 09:32 AM
Are you able to post the link to the post you made that received all these likes and comments? I’d be interested to read the feedback.
I am wary of people going on the site and trolling me. I posted the contents above. I am running at 27,500 views. You can join LinkedIn and find me easily. My posts are public. The post is called "Is This 1973 All Over Again?".
Stairway 2 7
16-06-2022, 12:30 PM
I am wary of people going on the site and trolling me. I posted the contents above. I am running at 27,500 views. You can join LinkedIn and find me easily. My posts are public. The post is called "Is This 1973 All Over Again?".
The article has certainly been liked by a few financial big wigs in the financial sector 👍
greenginger
16-06-2022, 05:41 PM
The article has certainly been liked by a few financial big wigs in the financial sector 👍
James Anderson among them ? :greengrin
Has Andersons name ever appeared on a Scottish rich list.
The Sunday times didn’t do a Scots list this year, apart from top 10 or so, and the Insider magazine has a top hundred rich Scots but it’s for subscribers only.
CentreLine
16-06-2022, 06:10 PM
I am wary of people going on the site and trolling me. I posted the contents above. I am running at 27,500 views. You can join LinkedIn and find me easily. My posts are public. The post is called "Is This 1973 All Over Again?".
“Clamped” as the youngsters say👍🏻
I don’t understand what it is about this message board that people seem to delight in trying (often failing) to undermine other posters.
FilipinoHibs
16-06-2022, 08:14 PM
“Clamped” as the youngsters say👍🏻
I don’t understand what it is about this message board that people seem to delight in trying (often failing) to undermine other posters.
Thanks people will be a lot less willing to belittle a post on a public forum where there are thousands of knowledgeable people watching and participating in a collaborative way in discussions.
bigwheel
16-06-2022, 08:17 PM
Thanks people will be a lot less willing to belittle a post on a public forum where there are thousands of knowledgeable people watching and participating in a collaborative way in discussions.
I liked your LinkedIn post ..but your leap on here to the assertion re Anderson remains flawed - he is as committed as ever .
FilipinoHibs
16-06-2022, 08:37 PM
I liked your LinkedIn post ..but your leap on here to the assertion re Anderson remains flawed - he is as committed as ever .
Thanks. The developments we have seen in the last few days will be making many investors reaccess their commitments. You may be right. If you have a very very big fortune that becomes a very big fortune and you are senior in years what are you going to do with that money?
The only doubts I have is that a poster who knew the chairperson of FOH stated Benny was reassessing his charity priorities after the Covid 19 2020 crash. The situation is a lot worse now with Benny semi retired and his assets sinking in value. We will see. As to will be Doctor Budge's.
Jones28
16-06-2022, 08:48 PM
I am wary of people going on the site and trolling me. I posted the contents above. I am running at 27,500 views. You can join LinkedIn and find me easily. My posts are public. The post is called "Is This 1973 All Over Again?".
Thanks - it made for an interesting read and I have no reason to doubt your knowledge and expertise in this area.
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