Wednesday, June 17, 2009
Investing.. good read
http://www.smartmoney.com/investing/mutual-funds/interview-with-jpmorgan-funds-david-kelly/
Wednesday, November 28, 2007
Funny!
A young and pretty lady posted this on a popular forum:
Title: What should I do to marry a rich guy?
I'm going to be honest of what I'm going to say here. I'm 25 this year. I'm very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above. You might say that I'm greedy, but an annual salary of $1M is considered only as middle class in New York. My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married? I wanted to ask: what should I do to marry rich persons like you? Among those I've dated, the richest is $250k annual income, and it seems that this is my upper limit. If someone is going to move into high cost residential area on the west of New York City Garden (?), $250k annual income is not enough.
I'm here humbly to ask a few questions:
1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches is only average-looking? I've met a few girls who doesn't have looks and are not interesting, but they are able to marry rich guys
4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)
Ms. Pretty
Here's a reply from a Wall Street Financial guy:
Dear Ms. Pretty,
I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor. My annual income is more than $500k, which meets your requirement, so I hope everyone believes that I'm not wasting time here. From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain. Put the details aside, what you're trying to do is an exchange of "beauty" and "money": Person A provides beauty, and Person B pays for it, fair and square. However, there's a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can't be prettier year after year. Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It's not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worried 10 years later.
By the terms we use in Wall Street, every trading has a position, dating with you is also a "trading position". If the trade value dropped we will sell it and it is not a good idea to keep it for long term – same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or "leased". Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income. This has better chance than finding a rich fool.
Hope this reply helps. If you are interested in "leasing" services, do contact me…
signed,
J.P. Morgan
Title: What should I do to marry a rich guy?
I'm going to be honest of what I'm going to say here. I'm 25 this year. I'm very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above. You might say that I'm greedy, but an annual salary of $1M is considered only as middle class in New York. My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married? I wanted to ask: what should I do to marry rich persons like you? Among those I've dated, the richest is $250k annual income, and it seems that this is my upper limit. If someone is going to move into high cost residential area on the west of New York City Garden (?), $250k annual income is not enough.
I'm here humbly to ask a few questions:
1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches is only average-looking? I've met a few girls who doesn't have looks and are not interesting, but they are able to marry rich guys
4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)
Ms. Pretty
Here's a reply from a Wall Street Financial guy:
Dear Ms. Pretty,
I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor. My annual income is more than $500k, which meets your requirement, so I hope everyone believes that I'm not wasting time here. From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain. Put the details aside, what you're trying to do is an exchange of "beauty" and "money": Person A provides beauty, and Person B pays for it, fair and square. However, there's a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can't be prettier year after year. Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It's not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worried 10 years later.
By the terms we use in Wall Street, every trading has a position, dating with you is also a "trading position". If the trade value dropped we will sell it and it is not a good idea to keep it for long term – same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or "leased". Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income. This has better chance than finding a rich fool.
Hope this reply helps. If you are interested in "leasing" services, do contact me…
signed,
J.P. Morgan
Wednesday, November 21, 2007
Is it the right time yet?
Lately I've been receiving a lot of heat for being single even after turning 30. My mom is on the lookout for my "wife to be" while I am perfectly happy with the way things are in my life. What is the point of marriage? Here are a couple of reasons for getting married (just observation) -
Even though I seem to have answers to most of my questions, the only thing I can contemplate at this juncture is a relationship. I guess it is the fear of commitment. I remember not having a cell-phone for quite some time when everybody else did just cos of the contract (lame huh?). That's just a part of the problem. The other reason is because of conflict of interest. My mother wants me to get married to someone from the same background (which translates to... she wants to pre-approve) and me on the other hand would really like to get to know the person, live with them for some time before I get down on one knee. That's a problem because getting to know the person from her perspective is a couple of phone calls, chat on the internet, exchange emails etc. Living together translates to SIN! (ain't happening). I am willing to try and convince my mother if I found my other half but before that I need to be convinced enough that she's worth the convincing. Dyamn! that sounds complicated but it is really not.
Let's change gears here and let me ask you a question... Do you think you are ready for Marriage? If you are a girl, you are born ready... so shut up :). The question was meant for the single guys. And for those of you who are married, do you think you've gotten complacent after getting married? Has the drive to be in shape lost it's precedence? I have to quote my friend Ganesh on the matter... "Man! Bitches want you to have six packs but they don't want you to spend all that time playing sports... what's up with that?"
Let's say that you got married and then what? 2-3 years down the line you get heat for not having kids yet. Umm... I don't want to change diapers, wake up in the middle of the night to sing a lullaby that I don't know. Maybe I am missing the big picture here? Let's take life as a cycle of weeks per se, I work during the day for the most part, play sports in the evenings, cook, hang out with friends, play some more sports over the weekends, relax, watch some tv etc. I don't really see the need for any change. I am perfectly happy with the way things are. Why would I want to complicate things beyond that? I am the boss of me. :) Isn't that the big picture? Does this mean that I am selfish but who's not? If the whole point of family is to foster a feeling of "completeness" and save you from loneliness... I will pass for now. I have my friends and my hobbies to keep me occupied.
I am getting a little teird of myself and poor you.. you've made it this far. Congratulations! I feel like I am ending abruptly but it has to be that way this time. So, for now, I get to keep the right and the left side of the bed. Stay single!
-Kal
- You are truly in love with the other person and you know that you want to spend the rest of your life with them. If there's such a thing...
- You get married and you have this one person (best friend for life) to care about you and vise versa. Can go hand in hand with the first reason.
- Lineage - The boy/girl comes from a really good family and that's the kind of family you want to be a part of. There is a feeling of comfort when you know that you are going to benefit from the marriage. Marriage like a lot of other things is all about give and take. If you can take care of your spouse and the parents can help out with the mortgage etc., and you are perfectly happy, you can't ask for more right?
- Everybody else that you know is getting married and you get lonely and decide to get married as well. In other words, marriage is the institution that you end up getting sucked into.
- You find out that your girlfriend is knocked-up and marriage is the cover-up.
- You get married because it is about time to get married. You don't want to get all excited about Bingo, Denny's, Slot Machines, Christmas shopping in May, AARP discounts etc. when your kid is in grade school.
Even though I seem to have answers to most of my questions, the only thing I can contemplate at this juncture is a relationship. I guess it is the fear of commitment. I remember not having a cell-phone for quite some time when everybody else did just cos of the contract (lame huh?). That's just a part of the problem. The other reason is because of conflict of interest. My mother wants me to get married to someone from the same background (which translates to... she wants to pre-approve) and me on the other hand would really like to get to know the person, live with them for some time before I get down on one knee. That's a problem because getting to know the person from her perspective is a couple of phone calls, chat on the internet, exchange emails etc. Living together translates to SIN! (ain't happening). I am willing to try and convince my mother if I found my other half but before that I need to be convinced enough that she's worth the convincing. Dyamn! that sounds complicated but it is really not.
Let's change gears here and let me ask you a question... Do you think you are ready for Marriage? If you are a girl, you are born ready... so shut up :). The question was meant for the single guys. And for those of you who are married, do you think you've gotten complacent after getting married? Has the drive to be in shape lost it's precedence? I have to quote my friend Ganesh on the matter... "Man! Bitches want you to have six packs but they don't want you to spend all that time playing sports... what's up with that?"
Let's say that you got married and then what? 2-3 years down the line you get heat for not having kids yet. Umm... I don't want to change diapers, wake up in the middle of the night to sing a lullaby that I don't know. Maybe I am missing the big picture here? Let's take life as a cycle of weeks per se, I work during the day for the most part, play sports in the evenings, cook, hang out with friends, play some more sports over the weekends, relax, watch some tv etc. I don't really see the need for any change. I am perfectly happy with the way things are. Why would I want to complicate things beyond that? I am the boss of me. :) Isn't that the big picture? Does this mean that I am selfish but who's not? If the whole point of family is to foster a feeling of "completeness" and save you from loneliness... I will pass for now. I have my friends and my hobbies to keep me occupied.
I am getting a little teird of myself and poor you.. you've made it this far. Congratulations! I feel like I am ending abruptly but it has to be that way this time. So, for now, I get to keep the right and the left side of the bed. Stay single!
-Kal
Thursday, November 8, 2007
Monday, November 5, 2007
yGen
A lot of corporations ask for over 5 years of experience to qualify for a position that any monkey can fill. What's up with that? It's not that I don't have the experience but if I were the "boss", I would hire younger professionals to get the job done than shell the money on experience.
Couple of things that matter the most for any position (and in life):
1. Zeal/passion to get the job done.
2. Willingness to work hard
3. Be a constant learner
4. Ability to grasp concepts
5. Vision
6. Willingness to help-out and mentor
Good tech-leads is all the experience you need on any project. I can't believe how much money and time is wasted on design and on all the red-tape that is associated with a project these days. Give me a good-tech lead and 3 good developers that can gel as a team, I will maximize your returns. :)
The only problem that I've seen with kids in the 20s is that they might party during the week and come in with a hang-over but otherwise, they're fresh with ideas and are a lot more fun to work with than Generation Xers.
Go get 'em Gen Y.
-Kal
Couple of things that matter the most for any position (and in life):
1. Zeal/passion to get the job done.
2. Willingness to work hard
3. Be a constant learner
4. Ability to grasp concepts
5. Vision
6. Willingness to help-out and mentor
Good tech-leads is all the experience you need on any project. I can't believe how much money and time is wasted on design and on all the red-tape that is associated with a project these days. Give me a good-tech lead and 3 good developers that can gel as a team, I will maximize your returns. :)
The only problem that I've seen with kids in the 20s is that they might party during the week and come in with a hang-over but otherwise, they're fresh with ideas and are a lot more fun to work with than Generation Xers.
Go get 'em Gen Y.
-Kal
Oh Man(ning)!
I guess we missed Marvin Harrison but not being able to capitalize on the first two drives is just ridic! It was a great game on the whole but I just can't take losing to the Patriots at home. I hope we learn from the mistakes cos the next time it is going to be THE game of the year. I've gotta say that my man Manning choked. You can do much better than that!
Randy Moss's been a great addition to the Patriots. Double team him or something, the guy is like a foot taller than anybody that's covering him.
What's up Dallas's ass man? They're hot this year!
-Kal
Randy Moss's been a great addition to the Patriots. Double team him or something, the guy is like a foot taller than anybody that's covering him.
What's up Dallas's ass man? They're hot this year!
-Kal
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