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Executives get paid, but you are looking at half of the equation. Executives make substantial sacrifices in their personal lives to have those kinds of professional careers. A professor should make more for writing a book that his/her students are FORCED to purchase on revolutionary...

Why don't you adjust those numbers for working only 3/4s of the year. There are numerous teachers' unions...do your homework. In my estimation the unions are the EXACT cause of our nation's education problems. Education is subject to the laws of economics and right now we are just churning...

I would have nothing but positive things to say if he kept his mouth shut. But that goes for Oprah, Bono, and the rest of "hollywood" as well. :D

http://www.investopedia.com/terms/r/r-squared.asp This isn't on par with Feynman as he was quite the mind but it does sum it up. Concisely, r^2 establishes how relevant the security's beta is. :D

If he is going afer a stake in HOV he sure hasn't started buying...I have been watching that stock. :D

When can I expect the dollar to start going down and oil to start going up? Oh wait, that has been the scenario for the entire bull market! :D

Jealous fools. With each day that passes I become more pissed off with our government officials. :D

That is a pretty gloomy outlook you have. What positions have you opened to benefit when all of that happens? :D

How have we melted down yet? Or maybe you just need to define meltdown because maybe we do not share the same understanding of that word. I have not heard a single individual complain about the interest rate on his mortgage as a result of the generous mortgage lending era offered borrowers...

Thanks for the laugh! :D

Thanks for the laugh! :D

I don't see him running as a candidate being a viable pursuit. He and SC could setup the lobbying firm though. Politics is still the good-ole boys club. :D

I am of the position that to become a trillionaire in the next 50 years one would have to be in essence a very successful monarch/dictator. 13 figures would require so much of both consistent accumulation and consistent returns. The securities market isn't that good too any individual yet...

Yea, none of them are in danger of having to solve the problem of effectively managing a personal fortune in the hundreds of billions of dollars. Steve Cohen generates returns just as good as Medallion and is only 51...he is a very strong candidate as well. The one issue that remains to be...

My position has nothing to do with skill or strategy, the position has everything to do with age. James is 69 with a net worth of $4 billion. Ken is 39 this year with a net worth of $2 billion +. Compounding interest is what will create the first trillionaire. Simons is very special mind...

In my estimation he is diverting some of the earnings from Medallion into other vehicles, including his institutional fund. I know of one very large Chicago HFM that has an account with Northern Trust and has been doing extensive diversification into quality art. I would vote for the Chicago...

Here's my 5 seconds of wisdom as there are many different ways to make money in the market, but this applies to all avenues for success: "Learn from your mistakes." :D

If the value of all outstanding shares is valued by the most recent trade wouldn't that indicate that wealth can be "created." For example, there are 50mm shares of a stock that were all originally purchased for $10 and after trading range bound it gaps to $35/share. What would be the...

Brandon, I cannot say that anything you mentioned is indicative of a top. Is your situation any different than that of Joe Ritchie who was a philosophy of religion major that didn't take a math class beyond high school but built one of the largest and most successful option firms the street...

These IPOs are strikingly simmilar to the warrant that the LTCM partners sought. Sell their units in the IPO (at a significant multiple of earnings), but reinvest 100% of after-tax value back into the fund. The banks didn't like the idea so the figured out a way to do pawn it off on the...