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Not all imagainations are useful. Some are useless and some are harmful to the society. Useless imagination is still useless. Until now, math like 1+1 = 3 serves no purpose and does no good to the society. I don't think a kid of 5 should be taught to create useless math like 1+1 = 3...

I am glad that your kids are learning 1+1 = 3 at school. When someone thinks 1+1 = 3 is innovative math, any answers to your questions are awesome. You spent everyday to learn 1+1 = 2 in the past doesn't mean 1+1= 2 should not be taught at school. You just need to use your innovation to...

As the US fools the Chinese to buy the worthless treasury, these chinese Ph.D.s are trying to fool the Americans not to invest in math/science. :D

We need a well-balanced system. Math/science, communication/people skills and reading/writing are all important. One ingredient alone cannot create the success. We are all traders here. Stop loss is important, but stop loss cannot make you a great trader. Does it mean that you don't...

Just because china has a higher standard of math and science as a result of a bad political system doesn't mean high level of math and science are not necessary for economic growth. Just like a slave has strong muscle doesn't mean strong muscle is bad. I totally agree with you that China...

When a chinese came here for Ph.D., it doesn't mean that the education system there is bad. It only means that those chinese wanted to earn more. Ask yourself. Your degree is a bridge for you to work in US. Most Chinese come here to make money and not for political reason. The Ph.D...

BTW I came from Hong Kong, but i know a lot of chinese from mainland. Most of them think they are the best, and china will lead the world in the coming decade. You are the only one from china that trashed the chinese higher education system.

If chinese college is a joke, how come a lot of them can come to US and earn their Ph.D. here? Does it mean that following orders will earn you a Ph.D. in US?

Nobel prize for math? I never heard of it. Do you know the equivalent award for Nobel prize in Math? Do you know how many chinese have won Nobel prize in Physics? Do you know how big China is? Do you know how many different cultures we have? Do you know how different we are even we...

He is a chinese with a framed mind. What do you expect? :D

When someone raises his kids to "manage" others but not to work with others, that is something wrong. No wonder those highly educated chinese are working just as a cheap labor for us.

Your mind is framed. But it doesn't mean all chinese are trained in the same way as yours. Can creativity be trained? A creative mind cannot be framed.

Your kids are learning to be greedy. Your kids are learning to fool themselves and others. Your kids are learning how to crook the books. Your kids will become the CEO of the wall street firms - those CEOs who don't know how risky it is to use the math models created by the chinese kids.

creative experiments like the current bailout plan, stimulus package(s), fooling educated chinese to work for us or fooling the chinese government to buy our worthless paper. :D

As you got trained in China, you probably should have known that what you know is always wrong. :D

You need to understand risk management, the daily operation, and risk assessment. I had similar idea 2 years ago. There are too much involved and it is not justified imo to set up your own sub-LLC. You'd better save the time and effort to learn or improve your trading skills.

There are no capital gain for HK, Macau and China government. But if you are a US citizen, you still need to pay capital gain for the US government. (BTW there is no LLC structure in HK, you need to setup a Limited company there)

Do you see how creative we created this financial crisis. We are not engineers, and so we can't solve the problem. Creativity without problem solving skills lead us to ...

No strategies give you any edge. Excluding commission, any single option gives you zero expectancy. Expectancy of a combination of options = sum (expectancy of each individual option) = sum (0) = 0 Theoretically, if you pick any option randomly, you can't find any option that gives you 50%...