Latest news with #AlMarshall
The Irish Sun
14 hours ago
- General
- The Irish Sun
High-flying husband and wife are BOTH in race to be the next chief of the Royal Air Force
A HIGH-FLYING husband and wife are in the race to be the next chief of the Royal Air Force, 'we can reveal. Air Marshal Al Marshall and Air Vice-Marshal Suraya Marshall are the most senior serving couple in UK Armed Forces' history . Advertisement 2 Air Marshal Al Marshall is one half of the RAF's most senior serving couple in history Credit: AS1 Tomas Barnard RAF 2 Air Vice-Marshal Suraya Marshall is also in contention to become the head of the RAF Credit: RAF Both are tipped as potential successors to Air Chief Marshal Sir Rich Knighton, who has been promoted to Chief of Defence Staff to lead all three Armed Forces this autumn. Al, who joined up in 1991, is Air and Space Commander responsible for all air operations in the UK and overseas. He flew Harrier jump jets in Iraq, Afghanistan and Bosnia. Former Tornado navigator Suraya, who joined up in 1993, is Assistant Chief of the Air Staff. Advertisement READ MORE ON THE RAF She was the first female weapons instructor and first woman to command one of the RAF's two operational groups. She led No 2 Group, which included all RAF cargo squadrons, in 2021 — the same time Al led No 1 Group, with all the combat aircraft. A source said: 'Talk about a power couple. 'Between them they've commanded every plane in the Air Force. Advertisement Most read in The Sun 'Al is one rank senior so it would be more of a jump for Suraya but the leap's been made before.' RAF insiders said the couple, who have two children, are up against Deputy Chief of the Defence Staff Air Marshal Harv Smyth, who is favourite to replace Sir Rich. First non-pilot to lead RAF is picked to command all three armed forces
The Sun
15 hours ago
- General
- The Sun
High-flying husband and wife are BOTH in race to be the next chief of the Royal Air Force
A HIGH-FLYING husband and wife are in the race to be the next chief of the Royal Air Force, 'we can reveal. Air Marshal Al Marshall and Air Vice-Marshal Suraya Marshall are the most senior serving couple in UK Armed Forces ' history. 2 Both are tipped as potential successors to Air Chief Marshal Sir Rich Knighton, who has been promoted to Chief of Defence Staff to lead all three Armed Forces this autumn. Al, who joined up in 1991, is Air and Space Commander responsible for all air operations in the UK and overseas. He flew Harrier jump jets in Iraq, Afghanistan and Bosnia. Former Tornado navigator Suraya, who joined up in 1993, is Assistant Chief of the Air Staff. She was the first female weapons instructor and first woman to command one of the RAF's two operational groups. She led No 2 Group, which included all RAF cargo squadrons, in 2021 — the same time Al led No 1 Group, with all the combat aircraft. A source said: 'Talk about a power couple. 'Between them they've commanded every plane in the Air Force. 'Al is one rank senior so it would be more of a jump for Suraya but the leap's been made before.' RAF insiders said the couple, who have two children, are up against Deputy Chief of the Defence Staff Air Marshal Harv Smyth, who is favourite to replace Sir Rich.
Yahoo
01-06-2025
- Business
- Yahoo
Charlie Munger Turned $1,000 Into Over $1 Million — And Made His Unemployed Friend Rich Too: 'Trouble With That Story Is It Only Happened Once'
What do you get when you mix $1,000, an unemployed golf buddy, and Charlie Munger's brain? Apparently, a passive income stream that lasted decades. No hedge fund, no Wall Street pitch deck — just Munger, long before his Berkshire Hathaway days, spotting a scrappy oil royalty deal and turning it into one of the most quietly outrageous investments of his life. And the best part? He didn't go it alone — he brought his unemployed friend along for the million-dollar ride. Back in 1962, Munger was still practicing law in Los Angeles when he met Al Marshall, an out-of-work oil industry worker trying to buy mineral rights at auction. Don't Miss: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Hasbro, MGM, and Skechers trust this AI marketing firm — Munger, seeing the flaws in Marshall's strategy but liking the bones of the deal, decided to go in with him. Each put up $1,000 and bought into oil royalties through what was then a legal tax shelter known as an AB trust, which was later outlawed. And the returns? Straight-up legendary. "Fifty years later we were getting $100,000 a year on that investment," Munger told the crowd at the 2016 Daily Journal shareholder meeting. "The trouble with that story is that it only happened once." He delivered it with a chuckle, but the message was clear: not every great investment is repeatable — which is exactly why you act when you spot one. Munger touched on the story again during his final Daily Journal meeting in 2023, a full-circle moment near the end of his career, where he once more emphasized the rarity of those life-changing opportunities. Trending: Maximize saving for your retirement and cut down on taxes: . The story is backed by Janet Lowe's 2000 biography "Damn Right!," where Marshall said, "We only put up $1,000 each, and we've each probably made a half a million out of it." He added, "I'm still getting $2,000 to $3,000 a month from that," confirming the checks were still rolling in decades later. That's right — from a $1,000 investment, Munger's family was still cashing royalty checks well into the 21st century. All from a single, overlooked opportunity. Of course, Munger never sugarcoated it. "The trick in life," he told that 2016 crowd, "is when you get the one, or two, or three [big opportunities] that your fair allotment for a life is — that you've got to do something about it." And if you're still grinding toward that first big win? He had advice for that, too: "The first $100,000 is a b*tch, but you gotta do it." Hard work. A sharp eye. A little luck. And when the rare opportunity does show up? Move fast — because even for Charlie Munger, it only happened once. Read Next: Here's what Americans think you need to be considered Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Charlie Munger Turned $1,000 Into Over $1 Million — And Made His Unemployed Friend Rich Too: 'Trouble With That Story Is It Only Happened Once' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
