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  1. P

    To get really rich, you MUST manage other people money?

    You are correct. Yupe, you have to get enough suckers to believe in you...:) ...or you get your fund into some big corporation's 401k account and you will get suckers by default.
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    I know theres a lot of cramer bashing on here already but

    Cramer doesn't know this. There are times that you just don't know and it pays to just sit out for the duration.
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    Surprise rate CUT tomorrow ?

    Yupe. If market panic qualify as a reason to cut rate, we need another one!!! Geez... Ben. Just let the market do the work. Fear is a good thing.
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    Why base metals and other commodities don't crash...

    Because every time fed cut rate, it makes the dollar weaker. Metal prices is an indication of inflation.
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    Apple - Can it do the magic again?

    I think we need another surprise rate cut!!! :D
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    Dollar held up amazingly well this morning, but has now begun to collapse

    Correct. Mineral will do, but not anything else that are based on US consumption story.
  7. P

    Dollar held up amazingly well this morning, but has now begun to collapse

    Yupe. No domestic growth whatsoever and Ben is going to keep US dollar weak, just like how the Japanese do it. Time to borrow US dollar and invest in outside of US.
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    Can you all feel the tension ?

    I can almost feel the footstep of Ben/Paul/Bush rushing down the hallway with a cheat sheet with some sort of economic stimulus plan. :) They did it the last couple times, but you can only hold the water back for so long.
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    China don't believe in patents?

    From your messages, you dislike a lot of things. Anyway, I totally don't mind you steering people to see the truth, but being so negative is just not good to your cause. Anyway, just a suggestion. No harm, no foul...:)
  10. P

    China don't believe in patents?

    Patents try to strike a balance between the interest of the inventor and general public. Typical a patent is valid for 17 years. I can't say whether this is fair or not. On the other hand, copyright can be effective up to 120 years. Now, I do think that it is not quite balance to have...
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    Biggest bubble of all time

    Ok, in this case, if I am Ben and I want hyperinflation just like the 70s, I should be able to do that by lowering rates? If I can do that, there won't be a recession or asset class blow up, just everyone will have less debt and their salary is trashed.
  12. P

    Biggest bubble of all time

    1) and 3) - the difference here is : bear/hold tressury will get kill in 3). So, no short play in 3)
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    Biggest bubble of all time

    It is correct that a blind asset class bet seems over now. ( Stock, real estate, commodity...etc) I am also in long-short porfolio. I believe in long-term inflation because of Ben, China and India. On the other hand, to say there is no impact from the mortgage credit issue is lying to...
  14. P

    $1/watt solar??

    http://www.konarka.com/ is doing similar thing too. The goal is to be able to print these stuff on any surface. Since there are multiple companies chasing this. I think this is very real. In the future, we should be able to buy a bucket of solar paint. Spray it. Put 2 terminals on...
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    Ron Paul What do you guys think?

    For H-1b/outsourcing issue, you know what. I believe economic flows like water, it always flows downward. If companies don't think they are getting the resource they need, they go to places where resources are located. Or they get replaced. For example, no H-1b visa for manufacturing...
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    News Alert: U.S. Says Iran Ended Nuclear Arms Work

    Anyone remember the Nigeria Plutonium deal? Right after news said that's fake, Bush came out and said nothing is changed and war is still on. Normally, if you are a lawyer and facts you count on are wrong, you re-examine your case. That way, you won't look like you haven't done your...
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    What should minimum wage be?

    Well, you can't expect these people to see a good deal in front of them...:) If they can, they probably make way more than minimum wage to start with.
  18. P

    What should minimum wage be?

    Well, you can't expect these people to see a good deal in front of them...:) If they can, they probably make way more than minimum wage to start with.
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    What should minimum wage be?

    I actually think that there shouldn't be minimum wages. If wages are not livable wages, then we should expand welfare system to supplement these people. Call it as it is, if you think you can't earn a wage that is livable by yourself and corporates are not cheating, then you need some sort...
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    Impression of US Economy in 2008

    You know, I no longer know whether it is just someone quoting different line for each new piece, or our CIA info is as accurate as school yard gossip.
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