James Harris Simons earned an estimated $2.5 billion in 2008 and was named by the Financial Times in 2006 as the "smartest" billionaire. Question 1. Do you agree with the definition of slavery to be controlling and manipulating another human into doing all the work while the master is gaining all the benefits? 2. Do you agree math can help predict future behaviour? 3. How brilliant is the man if he holds insider information over the next guy and uses that to profit? 4. Doesn’t the study of Math (ability to predict), the study of physics (total mind control) and string theory (how we evolve) give you insider information? 5. Since your first educational lesson was in a shoe factory, would you say you’ve developed a Slave Master type mentality while possessing insider information? 6. Can you see the connection between slavery and factory, both have an entity earning all the profits/benefits, while the worker deals with poor health, poor nutrition, poor lifestyle and basically NO financial gain only bare minimal or slavery compensation? 7. If all your actions go far against your beliefs wouldn’t that behaviour eventually create an illness? 8. If one family over time kept taking actions that goes far against their belief systems would that control their DNA? Would DNA help predict which disease you will suffer from? 9. What disease best describes the effects of such dysfunctional communication with “self” – actions going against beliefs? 10. Your Philanthropy interest is the study of Autism – an illness that appears to affect an ability to communicate effectively. They appear to hold unique talents because of their ability to highly focus on how they receive and send out information that agrees with them. They appear to be so sensitive they can’t communicate in areas that disagree with them and block out directions that don’t bring pleasure sensations. 11. Wouldn’t the smartest guy on the planet be able to tell how to correct this dysfunction within his family genealogy? 12. Wouldn’t maybe your belief in WHERE we evolve be slightly wrong?
From my perspective those who are highly mathematical also tend to be linear thinkers – they can’t see past their own noise.
While understanding math, math only predicts within the time frame being measured. Mr. Simons if you understand the “String theory” enough to win awards then you are fully aware of p-branes. You can only use math to predict events within the known level of p-branes used. Or more to the point p-brane’s is the bubble you perceive your world in. You know once you get out of one bubble or level of p-brane you’re just inside a bigger bubble or p-brane.
Take a step back and perceive what’s actually going on. Recognize your family patterns, your family belief systems, you’re religious beliefs and take a look at how you experience life.
With a Jewish background could there be some truths and some lies going on? Could you be the promise people ONCE YOU take over the land AND SHARE instead of dominate?
Wouldn’t the smartest man on the planet know how to create a society where everyone profits? How can we create a world were everyone experiences the big boats, fancy homes and jet setter life? How can we create a world where we are responsible and accountable for our actions and create a sustainable lifestyle that prolongs life instead of shortens it? How do we create a world where we work less and profit more with no slaves or victims on this planet?
If you don’t know how this is possible, do you mathematically predict it’s possible if someone was in a higher bubble then you – if someone had even higher insider information then you?
Don’t we evolve through experiencing our solutions? If your life is so amazing living such a lavish life style do you think you are the cause or the solution towards our next evolutionary experience? How do you benefit this world and how do you honestly harm it or do you even pay attention?
Wouldn’t Holodynamics be the next big investment if it’s been curing cancer, aids, all mental illness’s and addictions for the past 20 years? Since this is the cure to Autism, wouldn’t the smartest man on the planet invest in it and that investment means we are to clean up our acts?
Just asking a few questions from a higher p-brane perspective ….
April 1 (Bloomberg) -- Alan Howard takes few chances. The co-founder of Brevan Howard Asset Management LLP gave up downhill skiing years ago -- at least in peak season. “It’s very dangerous,” he says in his thick London accent.
Nor is Howard keen on driving. A chauffeur takes the wheel of his silver Mercedes-Benz to joust with London’s traffic. “I see all these nutty drivers,” says Howard, 45, shaking his head at Brevan Howard’s offices on London’s Baker Street. “I have no interest in getting excited or upset.” As he speaks, Howard sips coffee, and when the cup is drained leaps up to pour more.
Howard’s allergy to hazards of all kinds paid off last year for his business -- managing Europe’s biggest hedge fund firm. In February 2008, he began raising cash, betting that the housing downturn in Europe and the U.S. would cause credit markets to seize up. By the end of the year, he had cut his portfolio of bonds and other securities to $10 billion from $50 billion and was 85 percent in cash and short-term securities versus the normal 65 percent.
Partly as a result of these changes, the Brevan Howard Master Fund Ltd. made a 20.4 percent return in a year when the average hedge fund lost 19 percent and the Standard & Poor’s 500 Index dropped 37 percent. As he moved to cash, Howard locked in profits from a winning bet that the yield curve on U.S. Treasuries would steepen -- that is, that the spread would widen between the yields of short- and long-term bonds as the Federal Reserve reduced its target interest rate.
‘The Value of Risk’
“Like all good traders, Alan knows the value of risk, how much risk he can take and the availability of capital,” says Oswald Gruebel, who worked with Howard at Credit Suisse Group AG. “That’s the main differentiation between a good trader and a bad trader, and he was exceptional.” that of the S&P 500. The firm managed a total of $27.4 billion in seven funds as of year-end. ................... http://www.bloomberg.com/apps/news?pid=20601109&sid=aPaQ1qmwpYmw&refer=home (c) Bloomberg
MONETT, Mo. -- At least three times a week, Jim Haston puts on a suit and tie and goes door-to-door in this town of 7,500. He's pitching investments during the chilliest of bear markets.
In the 13 months since he started working the streets, Mr. Haston, 41 years old, has had dozens of doors slammed in his face. He has climbed a tree to rescue a stranded child. He has walked through summer heat and below-freezing winter weather. He has also attracted $2.1 million in new assets.
"I get nervous all the time," says Mr. Haston, a financial adviser for St. Louis investment firm Edward Jones. He sometimes breaks out in a sweat in his gleaming green 2001 Chevy pickup before he walks up to a house.
In the midst of the worst stock market since the 1930s, Edward Jones has been growing the old-fashioned way: knocking on doors. The company is unrivaled in that business. Whereas other securities firms are shrinking, its 12,000-broker force has added 998 brokers this year. It plans to add another 5,000 by 2012, according to Jim Weddle, the firm's chief executive.
"There are several important observations to make regarding the "bailout plan". The first is that it is obviously born out of desperation. The second is that it is Grand Larceny as its aim is to unload all of the debts and obligations accrued by banks, brokers and various other large corporations and institutions as a result of years of recklessness and incompetance and sheer greed off onto the taxpayer, the underlying reason for this being the extensive crony connections between Wall St and Washington and the associated enormous political clout Wall St exercises in Washington. The third observation is that as far as arresting the financial crisis is concerned, it simply can't work and won`t work - the proposed $1.2 trillion slush fund intended to fund this giant garbage dump is still peanuts compared to the towering $47 trillion debt market and the even larger derivatives time bomb."
"Bernanke is a fool. If taxpayers are paying the "hold to maturity price" for these worthless assets and then taking the risk to hold to maturity, what are we getting back in return? NOTHING. Not even a cent in interest.
"The market has valued these worthless asset at market price which is close to worthless. He has not answered how much we are going to pay for these asset."
I got to say I like Ramsey's idea of just covering the insurance on the mortgages and not buying up all the mortgages.
If we're going to be forced into a trillion dollar investment as tax payers we should be getting a return but the truth of the matter is that the tax payer will never see a return. The government will eat it up if one does magically appear. Which I doubt at this point in the game.
Another thought I have is if the government really wants to go socialist on this whole deal why not go whole hog and not bailout the banks. Instead bail out the homeowners. Pay their mortgages off for them. That way the tax payer gets the return right off the bat. Just a ludicrous thought as my head continues to spin.
I was reading this morning this article: GOLD FUNDAMENTALS STILL POINTING TOWARDS $2000+ And it struck some pretty good cords with me. Though I don't know if gold will hit over 2 grand but here's a graph that scares the pants off me
As you can see here total US debt is growing faster than its national income. Ever tried to run a business which its debt grows faster than its income? Well, needless to say you would be heading straight into bankruptcy. And that's exactly what's happening with the US, they're heading straight into bankruptcy which is of course extremely dollar negative. The only way to work its way out of debt is through inflation.
Something to think about. The article includes a bunch more graphs and statistics worth considering.
The Great Depression was caused by overinflated value of assets. The Roaring Twenties came to an abrupt end in 1929 when the market collapsed. Now, we have regulation to prevent such excessive leverage. You no longer can put down 5% and borrow 95% on margin to put into a "great company stock" and make 10,000%+ profit.
Today, the situation seems to be very similar to the conditions of the Roaring Twenties. Housing values accelerated upwards, doubling every year. But when bubble bursts, who will end up holding the bag? In the 1929, that ended up everyone as the people owing the money had nothing. Do people affected by current housing correction have something? BBC has an interesting article about this,
In May 2006, at the height of the housing boom, Karen Trainer bought a $500,000 apartment in California - with money borrowed from her bank.
By this year, Karen still owed $500,000 on her mortgage, but her apartment was worth $200,000 less.
So she was deep in negative equity and, to make matters worse, the interest rate on her loan was about to increase.
"I thought 'this is crazy'," Ms Trainer says. "It just does not make financial sense."
As a successful professional, Karen could comfortably have managed the higher mortgage payments her bank demanded.
Instead, she decided to stop her mortgage payments altogether and let her bank repossess her apartment.
Her credit record will be badly damaged by the decision, but Ms Trainer expects this to recover soon.
"Generally speaking, within 5 years you are about back where you were, so my husband and I decided we'll take the hit and live with it."
Ladies and gentleman, I bring you financial armageddon with this news.
This is not an exaggeration. The debts owed on many mortgages that were interest-only, or the great bubble-mortgages (cheap rate for 3 years, then refinance). The financial sector has not screwed themselves over, they have screwed everyone over. This includes people that take care of their finances, pay (or paid off) their mortgage and never were late on their credit card payoffs.
How does it affect all of us?
The government will bail out all the institutions that are ending up holding these worthless properties. National debt will increase. Dollar will devalue. Inflation will increase.
This will affect people everywhere, including Canada, Europe, China, India. The toxic debt has reached every corner of the financial world. Hundreds of billions have already evaporated. When this is over, trillions may be at risk. Trillions that never existed in the first place, but were used as collateral for investments, including creating more worthless property.
When people start walking away, without any repercussions, the potential for damage is worse than 1929 stock market collapse. Especially in light that many view "we'll take the hit" as walking away from their debt!!! Wow!
I'm but left with a question. Why can't I just buy stock 5 cents to a dollar and when the company goes sour, I can just walk away like these homeowners?
Disclaimer: I do not have money invested in the banks, financial sector, or housing. Nor have I lost money because of these shenanigan. This is not a sour grapes post.
This scares the heck out of me. Although a war with Iran would cause the oil and gold markets to go up much much higher, no amount of money would be worth nuclear warfare.
Seems all I read about in the news lately is inflation. I'm curious whether people will start putting two and two together and bid up the gold price like the Vietnamese.
Here is an article in the WSJ today about Vietnam's inflation threatening to morph into a full-blown crisis. What I find most interesting is that Vietnam was also the world's biggest gold consumer last quarter (even ahead of India). It seems the Vietnamese are rushing to buy gold as a hedge against inflation. Will this perhaps extend to the rest of the world eventually?
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