Australian (ASX) Stock Market Forum

Gina Rinehart: "spend less time drinking or smoking and socialising"

True. Whereas Gina would rather i "work hard" for her instead of for myself

I think it was/is a general comment.
If you own business you want your employees pulling their weight.
In fact mine want their work mates pulling their weight.
If they're not I soon hear about it.

Personally I find that helping my people to work smarter means their out put is far better than those who work harder doing bugger all---
If you get my drift!

The trade off is fair pay--job security and a happy work place.
Sure I get the better $$s but take ALL the risk.

Frankly owning small business is a pain.
Staff
Clients
Tax
Personal time management.
 
hmm where did she ever imply that, soaking the rich seems to be in vogue, wonder why the same criticisms werent directed at steve jobs?

I wasn't a big fan of Jobs either. She is saying people should work harder, when imo, they should work smarter.

I agree with what i think are her overall thoughts, just her delivery and expression are off, as always seems to be the way with Gina
 
I wasn't a big fan of Jobs either. She is saying people should work harder, when imo, they should work smarter.

I agree with what i think are her overall thoughts, just her delivery and expression are off, as always seems to be the way with Gina

its more of a definition issue, the message is good regardless... lefties reacted predictably
 
Gina is absolutely right(perhaps not about everything). Everyone needs to quit whinging, get out of the pub and do something. The construction industry is a perfect example. Everyone is highly over-paid, and seem to think they are entitled to everything for nothing. Drastically extended lunch breaks, slumping around sites at snails pace, very few seem to be interested in putting in a good days work. No wonder productivity is slipping, I can only assume that if it is the attitude of some in one industry it is no doubt the same in others.

Agree with you prawn, she should have said smarter. But perhaps some need to work hard to establish enough capital to start working smarter. However prawn, money does not automatically make money there has been plenty of people with money that have gone belly up.

Whoever said she walked into a vast fortune, it take someone special to turn what she received into a multi-billion dollar empire, there is simply no point in trying to discredit what she has achieved, as it is more than a thousand will achieve in their lifetimes combined.
 
hmm where did she ever imply that, soaking the rich seems to be in vogue, wonder why the same criticisms werent directed at steve jobs?

Indeed WG, in fact why not attack all entrepreneurs, I mean, they are just the building blocks of society. They only improve societys' standard of living through innovation and job creation. Oh but some can be a tad arrogant, and say the wrong things, to hell with them all :rolleyes:
 
Gina Rinehart is the perfect example of someone who was born on third base and thinks she hit a home run.
 
Whoever said she walked into a vast fortune, it take someone special to turn what she received into a multi-billion dollar empire, there is simply no point in trying to discredit what she has achieved, as it is more than a thousand will achieve in their lifetimes combined.

The old man found it and they went 50/50 with RIO who mined it, nothing special about that more like luck.
 
Gina Rinehart is the perfect example of someone who was born on third base and thinks she hit a home run.

so let me get this right, turning $75 MILLION into $29 BILLION, doesnt take hard work?

she makes Kerry Packer going from $100million to $8 billion seem lazy
 
so let me get this right, turning $75 MILLION into $29 BILLION, doesnt take hard work?

she makes Kerry Packer going from $100million to $8 billion seem lazy

Perhaps this will put it into perspective.

Your old man gives you $75
You go and turn it into $27,000
 
Perhaps this will put it into perspective.

Your old man gives you $75
You go and turn it into $27,000

She was left tenements which were worth $75m in 1992 and now because of where iron ore prices and demand are have increased in value to $20b.

The assets did most of the heavy lifting not her.

She's obviously a smart operator but she got a pretty big helping hand from the changing demand for iron ore.
 
The old man found it and they went 50/50 with RIO who mined it, nothing special about that more like luck.

There's no getting through to some. There is no such thing as luck, people end up where they put themselves. Anyone given 75 mill from their father be it in the form of cash company whatever, would more likely blow it than turn themselves into one of, if not the, richest woman on earth.

Pure luck:rolleyes:
 
She was left tenements which were worth $75m in 1992 and now because of where iron ore prices and demand are have increased in value to $20b.

The assets did most of the heavy lifting not her.

She's obviously a smart operator but she got a pretty big helping hand from the changing demand for iron ore.

Yeh that's why we see so many wannabe miners who have tenements and can't turn a profit.
It's so simple anyone can do it!

She-- is ruthless.
 
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