Professional Equities March 2019

Insider Passive Residual Income THEULTIMATEPASSIVERESIDUAL INCOME TM March 2019 The


Bill Moist

Every spring, millions of Americans fill out March Madness brackets. According to outplacement firm Challenger, Gray & Christmas, about 20 percent of workers will fill out a bracket this year, and the drop in productivity during the first week of the NCAA Tournament will cost companies roughly $4 billion. Needless to say, March Madness is a nationwide phenomenon. The tournament’s status can be chalked up to the ease of filling out a bracket and good old- fashioned school pride, but March Madness has also become famous for having the highest occurrence of heart-stopping moments of any major American sporting event. Over the years, we’ve seen Cinderella stories, buzzer beaters, and otherworldly performances. Every year, the tournament serves something unexpected and wonderful. It’s those moments that make March Madness what it is. Here are a few of the most memorable. THE WILD WORLD OF MARCH MADNESS A L ook at I conic T ournament M oments Author Chuck Klosterman described the rivalry between Larry Bird and Magic Johnson as “a conflict that dwarfs Dante.”While their battle grew to legendary proportions during their respective NBA careers, Bird and Magic first faced off before either entered the NBA. During the 1978-79 season, Larry Bird led the lowly Indiana State Sycamores to an undefeated regular season record. They stormed through the tournament and met Magic Johnson and the Michigan State Spartans in the final. BIRD VS. MAGIC 1 (1979)

I expected tomeet some powerful business owners when I attended high-level business coaching in Atlanta January 24-25. I didn’t expect tomeet John Louzonis. John has gotten lots of publicity with his new book “KidTrillionaire”including stories on Channel 3 News in Phoenix and in NewYork Post. In addition tomakingmoney selling his book and his newsletter, John also has private clients creating websites, building sales funnels, membership sites, list building, and video editing. John highlighted a few billionaires in his book who startedmakingmoney as kids. Warren Buffet was 6 years old in 1936 when he bought a six packs of Coke for 25 cents and sold them for 5 cents each. At age 13 he sold a horse racing tip sheet. Michael Dell washed dishes at a Red Lobster so he could pay for his stamp collection which he later sold for $2,000. At age 15 Bill Gates and Paul Allenmade a software program called“Traf-O-Data”and later sold for $20,000. This is only a few of the billionaires highlighted in “KidTrillionaire.” If you have teenagers in your family, youmight want to get them a copy at

Bird managed a double-double in the game, scoring 19 points and grabbing 13 rebounds, but Magic was the stand-out performer and MVP. He finished with 24 points and a title. Over the

–Bill Moist

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