Showing posts with label Personalities. Show all posts
Showing posts with label Personalities. Show all posts

Thursday, March 11, 2010

Don't Stop Believing by Sam Tsui & Kurt Schneider

Dear Friends,

Here's another creative song video from Kurt Schneider and Sam Tsui. Sam is singing "Don't Stop Believing" by Journey, whilse Kurt does the backup instrumentals and production.

I do not know these two people, but I think they will go places over the next decade. I wish them every success in their future endeavor.

By the way, did you realize that all the images are of the same person, i.e. Sam Tsui himself? In the Michael Jackson Medley, all the images were also of one person, except for the person at the utmost left. Quite a creative piece of work. Well done!

These two people are really working on their dreams!

Best wishes,

Ooi

Awesome Capella of Michael Jackson Medley

Dear Friends,

Here is an awesome capella of a medley of songs from Michael Jackson sung by Sam Tsui, with Kurt Schneider doing the arrangement and the production. Excellent piece of creative work. Enjoy!

Best wishes,

Ooi

Friday, January 15, 2010

Don't Worry, Be Happy!

Dear Friends,

Don't Worry, Be Happy! Can anyone ever forget the song by Bobby McFerrin / Bob Marley?



Here is a very fun version from Holly Dolly. The cartoon is damn cute. So is the voice. Hahahaha. Enjoy!



Don't worry, be happy. But, don't forget to plan and prepare, and to TAKE ACTION towards your goals. That is the key to success. One day, at a time. One step, at a time. One task at a time.

Best wishes,

Ooi
Dear Friends,

This song is dedicated to all the people who lost their jobs in this economic downturn. If you are feeling down, or lonely, remember .... "You Got A Friend".



The first time I heard this song was during a school concert in 1981. It was sung by 4 ladies in a quartet, and they did a fantastic job .... so fantastic that the music stuck in my mind, my entire life. The lyrics are beautiful too.

Thank you, Carole King, for making this song, so wonderful to listen to. Enjoy!

Best wishes,

Ooi

Something to sooth our nerves .... Hope?

Dear Friends,

After all the negative news in this world, we need something to sooth our nerves. How about Hope?

Here is the classic "Somewhere Over the Rainbow" by Doris Day. I find her singing soothing and sweet.



Here is how it has evolved over the years. Eric Clapton, with a more groovy version -



Now contrast it with the serene mood conveyed by Israel Kamikawiwo'Ole "IZ". When I first saw this video, I fell in love with it, all at once, and kept listening to it.



Or, do you prefer the classy version from Leona Lewis?



Then, there is Connie Talbot, the personification of HOPE, and the future of the world. Connie is 6 years old, and this video shows her competing in "Britain's Got Talent" show, with ..... you got it, "Somewhere Over the Rainbow". And the audience loved it! Do you?



Is there hope in this world? Can we live on hope? Connie Talbot lost to Paul Potts, but she is still a star today, with a number of published albums to her name.

I think we must have hope. BUT, do not rely solely on hope. Take action. Luck favors the prepared and the bold.

Whichever version of the song you like, this song is evergreen. One of the best songs ever, in my opinion. Me, I like all versions, depending on mood. I just love this song. Enjoy!

Best wishes,

Ooi

Peter Schiff's CNBC Fast Money Interview

Dear Friends,

Here is a really interesting debate between Peter Schiff and CNBC's Fast Money Panel on 4th January 2010, about whether the economy is recovering. View it and make up your own mind on the future of the economy.

Peter Schiff foresees taxes on profits that is happening right now.

In my view, one is talking about statistics, while the other is talking about the big strategic picture of the realities of life. You decide - rely on the statistics or look at the big, long term strategic picture.

Best wishes,

Ooi

Marc Faber's -"The Gravy is Out of the Markets" 2010 Outlook

Dear Friends,

Marc Faber's outlook for 2010 - the "gravy is out of the markets".

Best wishes,

Ooi

Jim Rogers Interview with CNCB's Maria Bartiromo

Dear Friends,

Here is a hard talking interview of Jim Rogers by Maria Bartiromo of CNBC on the World Economy. What is interesting is that he is long the US Dollar, whilst he mentions usual issues like "printing money" and "currency turmoil".

Best wishes,

Ooi

Soros on World Economy (Financial Times Interview)

Dear Friends,

Here is the interview of George Soros with Financial Times on 23rd October 2009. Slightly into 3 minutes, he talks about the "hope" of a V Recovery, and he thinks that it may not happen, and questions what would be the impact, when people realize they are wrong.

Overall, Soros' opinion is worth listening to, because he summarizes the world economic situation quite succinctly.

Best wishes,

Ooi

Part 1 of the Video



Part 2 of the Video

Monday, September 14, 2009

Kseniya Simonova's Talent in Sand Drawing

Dear Friends,

Since this blog is about Financial Markets and Economic Situations, it is indeed a rare occasion for me to write about artistic talent, but this one is too good to miss. Anyway, we do need to unwind once in a while, and this is really, really good. Worth 8.5 mins of our time.

Ladies & Gentlemen, I present you with the amazing Sand Drawing talent of Miss Kseniya Simonova. I find the music very tasteful as well. Enjoy!



Best wishes,

Ooi

Tuesday, December 23, 2008

How to Live Life After Retirement - A Personal View

Dear Friends,

If you are retiring rich, and don't know what to do with your life after an illustrious career, here's an idea from Wall Street Journal's article on Jay Woodworth in his quest to build a Model Train Empire, called Woody's World.



Now, that's what I call life! For those with less money, but want to emulate Mr. Woodworth, you can check out the Railroad computer simulation games "Rail Simulator" or the famous classic from Sid Meier, "RailRoad Tycoon 3".

Life is not solely about playing computer games. But, computer games is one of the most entertaining and mind stimulating ways to live your life after retirement, at least where I am concerned.

While we are at it, I might as well list down my favorite computer games that I have played, and the games I want to play, if and when I have the time.

The best computer games I have ever played in my life thus far, are: -

1. Business Simulation Game
2. Koei's RTK II (Romance of the Three Kingdoms)
3. Simcity 2000
4. Sid Meier's "Civilization"
5. Sims 2
6. Total Club Manager 2005

The Business Simulation Game was the first computer game I got extremely hooked on. This was way back in the mid to late 1980s. It had minimal graphics, and was played on the first computer I owned, an IBM XT 80286 with a 8MHz Intel Processor without a hard disk. Thus, the game ran on a 5 1/4 inch floppy disk, with only 586K of RAM.

Those were the days when you are known as a computer expert if you can use Lotus 123 and Wordstar word processor. I used to develop Payroll and Time Billing Programs using the macro commands in Lotus 123, back then.

The game puts the gamer in the position of CEO of a new start up of a technological company, not unlike Apple in its first years of operation, with only $500,000 paid up capital. You have to buy production capacity, decide on number of production labour shifts and quantity of goods to produce and keep in stock, as well as the sales pricing.

It also required decisions on investments in marketing advertisements expenses, as well as R&D, through different phases of market maturity for each product category. R&D can prolong product lifecycles, as well as bring on new products into the market. At a more advanced stage, it also required geographical expansion into other territories, and the competitive advantage of being a First Mover in a new territory versus being a Technological Leader in a particular product category.

For a game that is probably the very first in the business simulation category, it had very sophisticated modelling of the effects of marketing investments, R&D Investments, impact of Economic Booms and Busts, right down to cashflow management. A wrong decision will cause bankruptcy for the firm.

The game was so good that it was subsequently used by a number of universities to provide simulation experience for business degree students.

This game was an instant hit with me. I spend hundreds of hours experimenting with all kinds of business ideas to fight the competitors and improve the share price of the firm I was managing.

I finally stopped playing the game for two reasons. First, it was no longer challenging. I had managed to consistently, i.e. every time I play the game, win against all 4 other competitors by a mile, ending up with millions of dollars in personal fortune from my own stake in the company. Second, and the most important, technological progress made impossible to run 5 1/4 in floppy disks unless I wanted to invest in one, solely just to play the game.

RTK II is a computer simulation of the world during the Later Han Dynasty, i.e. around 189 AD to 260 AD. I played the game for about 4 years before computer technology made it obsolete to continue booting the program up on 5 1/4 inch floppy disks. If I remember correctly, I started playing this game in 1990.

I tried many different strategies to conquer China, and probably spent more hours on the game than I did studying any one single subject for an exam! Such is the addictiveness of the game, although it had only very simple graphics and played on the IBM 80286 and 80386 machines.

I did not manage to play RTK III and RTK IV due to work commitments, and after that, KOEI stopped producing the English version of RTK as a PC Game, although it continued to do so in the Playstation market.

Thus, it was with tremendous excitement that I found out in July 2008 that Koei would finally be producing an English Version RTK XI for the PC Game Market. Naturally, I bought a copy of the game soon after it was published, and I am happy to report that I am not disappointed by it, although due to time constraints, I have yet to finish the tutorials in starting to play the game.

From what I have seen of the game, it is much, much more complex than RTK II, and with a lot more degrees of freedom to craft strategies to win / lose. I expect to spend many years playing the game, from many different perspectives and strategies, trying out one scenario after another. Already, I have four uniquely different strategies to test out, and I haven't even got started yet. Life cannot be anything but exciting over the next few years, with this game installed on my PC.

Sim City 2000 is a simulation game where you set your own game objective, unlike other normal games, where the game objective is set for you. It is about you being the Mayor, responsible for Urban Planning & Economic Development of your own city. The economic model is so realistic that some universities require students to do a project with Sim City 2000 before they can graduate. If I remember correctly, I started playing this game in 1992.

I spent equally as much time on Sim City 2000 as with RTK II. I read up on various economic theories, and tested the economic model under different economic conditions.

In one scenario, I rammed up the development of the city, not unlike what Dubai has done in the last 3 years, pouring a lot of money into infrastructure development. For a few years, while the money and government spending was forthcoming, the City enjoyed an unprecedented economic boom. Subsequently, when the money ran out, and I needed to consolidate the City's finances, and start paying down the debt burden, which had become a strain on future growth, the economy went into doldrums, and many parts of the City became a ghost town.

Will this be the fate of Dubai after the City starts consolidating its Government Spending? I don't know, but based on my economic simulation with Sim City in the early 1990s, this was the most likely result. Maybe, the Dubai Economic Council had better play Sim City before they make another decision? Haha, just kidding.

I also tested the Keynesian Economic Model under poor economic conditions. Of course, if Government Spending is increased on the City, the economic growth will improve. And if we apply Keynesian Economic Stimulus at the right time, i.e. when the City needs it the most, this is probably the medicine the doctor ordered.

However, the key to Keynesian Theory is not whether one should apply the Theory, but where one will find the money to implement the economic stimulus. This was the key learning experience from many months of simulation testing. Thus, it was necessary that in good times, the Government save and develop the necessary Government Budget Surplus so that it can spend and stimulate the economy during the rainy days.

Alas, this is not to be for most countries, including the USA and UK. Most Governments spend during normal and even during booming economic times. And when the economy is in trouble, they spend even more. So, when does a Government ever save? Practically NEVER, for most Governments. This phenomenon, I attribute to being a weakness of Democracy, i.e. to get democratically elected, the President / Prime Minister must spend, spend, and spend some more, to please the voters and his key political supporters.

In my humble opinion, all Presidents and Prime Ministers to be, must be made to play Sim City and not allowed to stand for election until they have successfully managed the City, by taking it to greater heights, sustaining economic growth, whilst achieving a Government Budget Surplus in the process. Hahaha, that would be the day, wouldn't it?

Sid Meier's Civilization was the next game I played with equal enthusiasm and time investment, as RTK II and Sim City 2000. This was probably in 1993 or 1994. Sid's Civilization appeals most to the average schoolboy who wanted to play a war game.

Again, I tested out various scenarios, including the hypothesis that the British were once a great colonial power because they are an island nation, and with naval supremacy, they could protect their own shores and live in peace for many years, while they expand their empire.

I also tested out an even more remote scenario of the US, i.e. the hypothesis that it was on a completely different continent, away from the European stage of World War II that it emerge dfrom WW II as the Super Power of the World.

Yes, in both scenarios, I actually managed to make both hypothesis work.

Of course, I also tested out other hypothesis, for example, a Hitler War Mentality, robbing neighbouring countries, for resources, rather than concentrating solely on building my own. Another was to be as peaceful as possible, but to deter war against a neighbour who adopts an aggressive War Mentality, i.e. the American Hypothesis that to prevent war, you have to be superior militarily.

Again, Yes, I am happy to report that both these scenarios worked. BUT, sometimes, even if you try your best to live in peace, you may be plunged into war, due to the actions of others. Also, there will be times when you have to take a stand and fight, no matter how peace loving you may be, by nature.

I stopped playing computer games for a few years after that, except for Sims and Sims 2. I found the simulation game extremely interesting and addictive, and so did my wife, who is never interested in any computer game, with this single exception. It is her dream to play Sims with me, when we are both retired. Haha! Finally, after a few thousand computer games had been published, we find one single game that we can play together.

We spent a few hundred hours together playing this game. It is addictive, and the most crucial learning point of this game is Time Management. If you play all the while, you will not be able to move forward in your career. If you focus solely on your career, you will not be happy. Etc., etc., etc. Life is interesting when you start interacting with the unique characters in Sims, and start dating!!! I understand that in Sims 2 or was it Sims 3, you can even get married and have children, with your genes! Wow! We haven't got that far.

However, my wife found the game too addictive and thus, taking too much time, and we stopped playing, so that she can get back to normal life.

Ok, ok. The million dollar question you guys want to know right? Did the game bring us closer together? Yes, sure did. It is one thing to play the game; it is another to enjoy and interact with your loved one, while playing it. Quality attention time, as far as the wife is concerned!

Since moving on from Sims 2, I have been playing only two games exclusively over the last 4 years, i.e. FIFA Manager 2002 and Total Club Manager 2005.

These two soccer management simulation games puts me in a position of Arsene Wenger (Arsenal) or Sir Alex Ferguson (Manchester United), if I wish. However, I find it not interesting to manage the world's greatest clubs, which is already successful.

Thus, all my playing time, which probably equals the total time I spent on the other games thus far, is spent playing as manager of various League 2 teams. The big question I wanted answered was, "How difficult is it to manage a League 2 team, and make the dream of getting promoted, year after year, to League 1, and then, the Championship League, and then, to the Premier League, and then, win not only the Premier League ahead of Chelsea, Manchester United, Liverpool and Arsenal, but also the European Championships and the World Club Title.

In my four years of playing TCM 2005, I managed to do that only once, and in the process, amassed a huge capital of more than 50 million pounds in cash. This may not sound like much, especially today, when a single Cristiano Ronaldo is probably worth more than that, but for a struggling League 2 club, with only 500,000 pounds at the start, and a whole bunch of "not so skillful" players, this is an achievement I can be really proud of. What's more, I needed to build the stadium from a 9,000 seating capacity into a 45,000 seater, in the process.

Despite the many years, invested in playing the game, I still cannot make the Youth & Reserve Team development strategy work well. Is it the game simulation model, or is it me? Or, is it the way, the world really works?

In recent times, I have been experimenting with player development and trading of players at a profit in more detail, as a strategy to quickly grow the club's financial strength, without sacrificing the club's promotions prospects. I noticed that I am not able to become the Champion of the Division, with this strategy, but I do get promoted, and in the process, I achieve my key objective, which is financial strength from the very beginning, whilst attaining promotion to a higher division each year.

In the past, I have been able to achieve winning a promotion in each of the division played, but at the risk of bankruptcy, from overspending on good players. To be able to win, whilst minimizing risk, through stronger and stronger cash position, is an important part of football club management. Yet, if we do not invest enough in quality players, can we continue to win, after we are promoted to a higher division?

For me, the challenge is not in managing a team with Cristiano Ronaldo, Wayne Rooney, Ryan Giggs, Paul Scholes, Gary Neville, etc. For me, the challenge is in building a completely unknown team, from 4 divisions away, into a world class force, that consistently beats the team with such elite players, and in the process, have millions of pounds in cash.

In this regard, I am very curious, and excited to be able to try out FIFA Manager 2009, for a few years, to see if I can improve on my football club management skills.

As you can see, I am very biased in my selection. I only play Strategy and Simulation games, and are not interested at all in Shoot Them Ups, and other arcade action games.

Neither am I interested in Futuristic games like Galactic Civilizations II which is supposed to be one of the hottest turn based strategy games today, or the extremly popular Role Playing Game, World of Warcraft .

Maybe one day, I may explore, but not in the foreseeable future. However, if I ever do stray from my standard genre of Turn Based Historical Strategy Games and Simulaton Games, it probably would be the Strategy Simulation game that enables me to explore possibilities of a nuclear war between USA and the Soviet Union, entitled World in Conflict.

When I play a computer game, I play the same game for years, trying out many different strategies and scenarios to satisfy my curiousity of what will work, under what kinds of conditions. For me, the results from the simulation testing of ideas and the learning, is the satisfaction I gain from playing the computer game.

For the next two years, I envisage that I will only play two computer games: -

1. Romance of the Three Kingdoms XI (Koei)
2. The FIFA Manager 2009

However, I hope that one day, I can play the following computer games, or their later editions: -

Strategy Games

1. Sid Meier's Civilization IV: Colonization
2. Europa Universalis III
3. World War One
4. Commander: Napoleon at War
5. Spore
6. The Political Machine 2008

The choices from No.1 to No.4 are quite obvious. They are all strategy war games of different eras. Spore should be interesting because it is a game on the Theory of Evolution, i.e. from one single cell, evolves all other beings on the planet. I don't know much about the game, but I think there are many things I will learn, and many ideas to test out on this game.

As for "The Political Machine 2008", well, who doesn't want to test and learn how he can be the next Obama? At least without having to spend his own money in the campaign process. Haha.

Simulation Games

1. SimCity 4 (Simulation 2003)
2. The Sims 3
3. Roller Coaster Tycoon 3

The first two choices are obvious from my earlier comments. It is not easy to find a good business simulation game that can match the Business Simulation Game I first played. Hopefully Roller Coaster Tycoon 3 or later versions will provide some interesting challenges, with complicated business modelling for me to try out various business strategies at a much more advanced level.

Sports & Other Simulation Games

GTR Evolution (Sports)
Title Bout Championship Boxing
Tiger Woods PGA Tour 2008
Microsoft Flight Simulator X
IL-2 Sturmovik

These games are all about fun, fun, and more fun. Yes, even I do like games that are really fun, but not "Shoot Them Ups".

GTR Evolution is supposed to be one of the best car racing game simulations, and I can't wait for the day when I can buy a sophisticated steering wheel with a gearbox system, gas and break pedals that will allow me to fulfil my fantasy to be the next Michael Schumacher. Currently, it cost about US$7,500 to set up a full system, and I can't wait to make enough money, to afford such a system one day.

I don't think that I will ever indulge myself in car racing in real life, so this is about "As Good As It Gets", with this sport.

Boxing has always been of interest, although I find real life boxing too boring, especially if there are no knockdowns. Thus, I would rather play the game, "Title Bout Championship Boxing" than watch the real action. In this way, I get the key action scenes without needing to wait too long. Hopefully it is not disappointing.

As for Tiger Woods PGA Tour 2008, I can't find a better way to enjoy the views of the various famous golf courses in the world, without actually going there. The game provides some interesting challenge in the process, although I am not so much into golf that I would aim to keep playing the game to the extent that I can beat Tiger Woods, even on a computer simulation.

The aim here is to enjoy and experience the scenery that each course provides. However, I am interested in the strategy to play each round in each of the course. This can be learned from the computer simulation, which is sufficiently realistic to me.

The last two games are about flight simulation. I want to learn to be a pilot on a commercial aircraft like the Boeing 747, or the latest Airbus 380, and enjoy the breathtaking scenic views from the top of the world.

I also want to experience being a fighter pilot in World War II. These two games give me a chance to live a different life that I will never experience in real life.

Adventure Games

Leisure Suit Larry: Magna Cum Laude
The Longest Journey

Lastly, if I ever live life long enough, to get around to playing Adventure Games, there are two that I am keeping an eye on. The first, which has always intrigue me, is living the life of a despondent, i.e. Leisure Suit Larry, with all his sexual escapades! Haha, what you can't do in real life, at least you can try on the computer - Safe .... without the danger of Aids.

Next, "The Longest Journey" reminds me of the Arnold Schwazenneger movie, "Total Recall", where you live a life of fantasy, by going for an adventure of your dreams. Why not make life a little more exciting by experiencing what you will never experience in real life, and probably don't want to go through the real world trauma?

If one day, I managed to play all these computer games listed above, I definitely have made it financially many times over, because, finding the time to play all these games, especially with the intensity that I play a single game, will take me years of playing time. When I play a computer game, it is about quality of the time spent, not the quantity of the games played.

I know for sure that my old age will never be boring or lonely, because I have this computer gaming world that will keep me intellectually stimulated. Computer Gaming is not everything, and can never replace the joy of human interaction.

However, in times when there is personal space and time, it is one of the most enjoyable ways to spend my time, at least from my perspective of life today. This is one way, I take time to "smell the roses" and enjoy my life doing the things I want to do.

Best wishes,

Ooi

Sunday, November 16, 2008

Lords of Wall Street - 5 People that Earn More than a US$1 Billion Each in Year 2007

Dear Friends,

Most of us go through our entire lives never ever knowing who is the highest paid (salary and incentives) person on earth, not to mention what he looks like, or how he did it.

NOW, you get a chance, with this 3 mins NBC video clip, to get to know the top 5 earners in the Hedge Fund Industry.

These men are the epitome of "Fulfiling One's True Potential". They are called the Masters of the Universe; the Lords of Wall Street, due to what they earn in salaries and performance incentives in a single year.

BUT, they didn't receive the money from the Government. They earned their pay by charging the Super Rich for managing their money, and the Super Rich willingly pay them for their services.

Whilst the general laymen in US and the world are screaming and complaining about how much CEOs in US are paid, i.e. around US$100 million, the Super Rich have no qualms paying these Hedge Fund Managers 10 to 37 times more!

The Top 5 Hedge Fund Income Earners for year 2007 are: -
  • John Paulson (Paulson & Co., Inc) - US$ 3.7 billion (Highest in the whole Hedge Fund Industry)
  • George Soros (Soros Fund Management, LLC) - US$2.9 billion
  • James Simons (Renaissance Tehcnologies) - US$2.8 billion
  • Philip Falcone (Harbinger Capital Partners) - US$1.7 billion
  • Kenneth Griffin (Citadel Investments Group, LLC) - US$1.5 billion


Any one, who has shown a little bit of interest in the financial markets, would have heard of George Soros. He is probably the most famous Hedge Fund Manager in the world. Many aspiring Hedge Fund Managers have also bought his book, "Alchemy of Finance", but few have read it to the end. I am one of the few.

Soros is more notoriously known as "the man who broke the Bank of England" when he attacked the British Pound and won, and he was alleged by Dr. Mahathir as "the Rogue Speculator" who is the cause of the Asian Currency Crisis.

However, there is another side to Mr. Soros. He is an active philantrophist, from supporting the black students in apartheid Africa, to pledging US$50 million to the Jeffrey Sachs "Millenium Promise" program to help fight extreme poverty in Africa.

Mr. Soros' Hedge Fund adopts the Global Macro Strategy Approach, which is actually a Fundamental Analysis Approach of Global Markets & Economy.

It has been extremely difficult, if not impossible for the media to print a picture of Mr. James Simons, so, to be able to view him in person on this video clip, is ....... like viewing your favorite actress in the nude .... hahaha, .... at least for a great fan of the Hedge Fund Industry, it is.

Practically, no one outside the Hedge Funds Industry, and only a few specialist journalists have heard of Mr. Jim (James) Simons, or of his Hedge Fund, Renaissance Technologies, and yet, Mr. Simons runs one of THE MOST Successful Hedge Funds in the World.

His hedge fund is so successful that he doesn't need any marketing publicity, nor does he need to market for investment funds at all. In fact, some claim that he has turned a number of potential clients down.

One may think that this is an exaggeration, but wait till you read the next piece of information. Mr. Simons charges much, much more than George Soros. Where George Soros charges 30% profit sharing incentive above a certain threshold in fund performance, Mr. Simons charges a whopping 50%, and yet, there is more money coming to him, than he cares to manage.

In year 2006, the Financial Times named him "THE SMARTEST BILLIONAIRE" in the world. He is also ranked the 57th Richest Man in America. Mr. Simons has a Ph.D in Mathematics from University of California, Berkeley and taught this subject at MIT and Harvard University, prior to becoming a Hedge Fund Manager.

For those of you who think that most professors are mere academician,s Mr. Simons is the epitome of a brilliant professor who has converted knowledge into money in the bank.

Mr. Simons' Hedge Fund Strategy is called Systematic Quantitative Trading, and it has been said that he employs 50 Ph.Ds to develop complex mathematical models to analyze and execute trades. It is said that his firm doesn't use traders, but instead, gets the computers to make all the trading decisions.

Guys, if you are still reading at this point, here is the profound statement: -

"50 Ph.Ds are working their butts out to refine computer programs that will trade WITHOUT FEAR to make money from you.

Computers are trading against you every time you take a trade.

These computers have one objective written into their software program in making trading decisions - Win your money!
"

If you have a son or a daughter who loves mathematics, tell him about Dr. James Harris Simons, THE SMARTEST BILLIONAIRE on earth.

What is most impressive about Mr. Simons and his hedge Fund Technology is not his Rocket Scientist Approach, but his fund's ability to deliver consistent profitability year after year. IT CAN BE DONE, BUT YOU'VE GOTTA KNOW WHAT TO DO, AND TO PUT IN REAL EFFORT TO MAKE IT HAPPEN.

Philip Falcone is 707th Richest Man in the world according to Forbes, and Business Week calls him the "Midas of Misery" as he betted correctly on the Sub-Prime Defaults, and made a huge fortune last year.

It is important to note that Mr. Falcone did not cause the Sub-Prime Crisis, nor did he take part in lending money to these people.

He started his career at the junk bonds desk, and became THE EXPERT on Distressed Debt Hedge Fund Strategy. He has a Harvard Bachelor's Degree, and is a self made billionaire. He lives in New York.

Kenneth Griffin is 117th Richest Man in the world (Forbes) for year 2007. He also has a Harvard Bachelor's Degree (Economics), and when he graduated, he started making money in Convertible Bonds. Eventually, he impressed an investor who gave him his first US$1 million to invest, and word soon spreaded t the Rich People that Mr. Griffin was a great Hedge Fund Manager who delivered results. With that kind of performance reference, Mr. Griffin has grown Citadel to being one of the largest and best hedge funds in the world as at 2007.

John Paulson is 165th Richest Man in America (Forbes 2007). He graduated top in his class at NYU for his Bachelor's Degree, and for his MBA at Harvard, he won the school's top academic honor, i.e. the designation of Baker Scholar. Mr. Paulson (no relation to Treasury Secretary Hank Paulson), is proof that Harvard MBAs can become rich as an entrepreneur, and not merely as consultants or investment banker.

It has been said that George Soros bought Mr. Paulson lunch, just to find out how he did it. At Soros age, his will to learn new things should amaze all of us. Most of us won't even read the book that is in front of us, even if we are told it will help us make money, much less, buy lunch to learn from someone. Of course, Mr. Paulson is not anyone. He is SOMEONE - he is the Highest Paid Hedge Fund Manager on Earth.

I hope you enjoyed this short introduction to the 5 Masters of the Universe, the Lords of Wall Street. These are the people we should be listening to, when we want an opinion on the markets. However, it is rare indeed for any one of these Billionaire Hedge Fund Managers to give their opinions and advice on the market, with the notable exception of Mr. George Soros, who started his career as a research analyst. Up to today, Mr. Soros' research paper on REITs, written in the 1970s, is still a brilliant and an enlightening paper to read.

The story of Dr. Jim Simons was the man who inspired me 1.5 years ago, to research into the mysteries of the Hedge Fund World, and find the secret formulas to success to making money.

Best wishes,

Ooi