Hello. Welcome to the very first post on the brand new Building Wealth With Tomii Academy blog. The Building Wealth With Tomii Academy blog will publish numerous trend-setting, disruptive articles about wealth but unlike any other blog about wealth you have ever encountered. At Tomii Academy and the launch of our online Academy in April 2024, I redefined wealth to signify a much more holisitic approach to wealth than ever before. My mission is not only to develop your financial wealth, which is the singular focus of every single “wealth building” website, but to simultaneously develop your mental and your physical wealth as well. If you engage in various endeavors that build tremendous financial wealth but introduce enormous stress, anxiety, and feelings of isolation, depression and loneliness in the process, then the achievement of wealth in this manner is a complete failure. The traditional definition of success that solely depends upon the accumulation of wealth fails not only all of humanity, but also fails the individual. I strongly believe that each person needs to find his or her own definition of success that balances material, mental and physical wealth that maximizes levels of internal satisfaction and happiness.
I will further discuss why traditional business school curricula and MBA degree programs are a near complete waste of time and money, as they address business, market and pricing theories and even complex models like Black Scholes that have little utility in real world application due to advancements in the financial technology that have granted bankers control of asset pricing behavior irrespective of financial theories. Technology, like HFT algorithms, and futures markets that trade synthetic multiples of the real commodity sometimes in excess of 100X, control many commodity prices in the modern world, and learning the theoretical principles covered in all business school programs today will not help an investor realize profits in these markets in the slightest bit. I have personally observed call: put spreads of 20:1 in Goldman Sachs stock options, in which share prices rested 15% below the strike price that would move the call option into profitability less than four trading days away from expiration. Yet, I have witnessed such extremely low probability trades pay out enormous yields despite the probabilities of such occurrences being next to zero in fair and honest markets. And I have witnessed such events take place time and time and time again. If you believe such price movements can be predicted by complex Black Sholes formulas or theoretical principles, then you should 100% attend business school. However, if you believe there are far more important elements that give rise to such unlikely events with alarming frequency, then one should forego a traditional MBA degree program that will teach you nothing of how to identify such events before they happen, and one should visit and enroll in TomiiAcademy.com.
Education, especially in matters of business, finance and money, not schooling, will enable people, whether young or old, to truly understand asset price mechanisms and movements that are never taught inside traditional business school classrooms, even if that classroom dwells within the hallowed halls of Oxford, Cambridge, Harvard and Princeton universities. With that said, I hope that this blog inspires you and feeds your curiosity to explore and learn more about the topics I will cover here. Welcome and please don’t forget to bookmark this blog on your browser so you can return periodically to read our new articles.
