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I completely agree with most of this. The Chinese economy is much more dependant on being a low cost manufacturing/export engine and attracting FDI. India is focusing on high end intellectual work as well as domestic market development. I also agree with the quality of engineers, and china...

I'm not sure why this is hard to believe. The numbers seem pretty easy for me to accept. And the "income" numbers being tossed around here have little to do with net worth as we are talking about assets here.

Rankings of course are very subjective. By no means would I call Baruch a "shit school" . Their MFE program is quite well rounded and has a good reputation. That being said, the reality in the financial world is that "classism" is always present. Who you know, where you went to school, what...

Most quants do not end up managing portfolios or hedge funds although some have. You will need to do post grad work to excel in this area hopefully you love math, programming and modeling. You should probably talk to some of the schools about your goals, some of them are very good in advising...

Yeah there's a brief mention of him in the latest trader monthly rag....they say he now has his own website & investment newsletter, and he has some ridiculous statement claiming he's the "most experienced 22 year old in the market". Riiiiiiiiight, Ok sure.

Thanks, I'll be looking out for it.

Funny. ``AAA? You were wooed Mr. Moody's and Mr. Poor's by the makeup, those six-inch hooker heels and a `tramp stamp,''' Gross said in his monthly commentary posted on Pimco's Web site today. ``Many of these good looking girls are not high-class assets worth 100 cents on the dollar.''...

Hello Murray, do you have a real time version yet?

Southamerica: you're full of it. All you do is cut & paste crap together often in an incoherent manner.

Is this the person who had like 10 screen names there?

I heard Merrill had to call this guy in :) <img src="http://a2.vox.com/6a00c22527e406f21900c22527f892f219-pi" border="0" alt="">

Good luck Frost, good to see you up and running again.

Hey you never know....maybe it's bear stearns(yeah right).....looks like they could use the help :)

I think Taleb is a brilliant man. I don't care much for his writing style though. There are some good ideas in his books and they definitely make you think. Just be sure you don't take anything he writes as gospel.

The book "Hedgehogging" is great. It's not really a "trading" book but it's an interesting (and refreshing) read compared to the typical trading books. The author manages a billion or so in his fund.

He's saying he's not worrying about them dumping them on the open market because of the price impact it would make (not in china's favor). I think he also mentioned something to the tune of "it would hurt them more than the u.s.). That's from my recollection anyway and I only skimmed over the...

Their contest was a joke anyway. Limited products available for trading, no shorting, etc. Oh, and the way the trade "execution" (time/price) was setup was just pathetic.

I wouldn't doubt it at all....uncle ben's pixie dust will really get those consumers spending! :) I saw another article that said something like 99% of british 5 pound notes were contaminated too.

And they still party like it's 1999! http://news.bbc.co.uk/2/hi/europe/6208877.stm Seriously though, nice people..I worked with a group in Madrid for a while a couple years ago.

Interesting article, thanks for posting this.