Word: riches
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...don’t blame him. But in the interest of my fellow classmates, I thought I would provide a hypothetical Q-and-A for the cancelled session. Q: Amaranth sounds so exciting. But I don’t get it. What do you do? A: Foundations, rich people, and pension funds—both public and private— give us money to trade just about anything because we create ingenious models that eliminate much of the risks from trading. Q: Nice. Can I make a lot of money at Amaranth? A: Oh yeah. The beauty of Amaranth...
Fast-forward to 2006, and what are the obsessions of American culture? For starters, getting rich off property--after years of skyrocketing home prices and flattening salaries--which makes the real estate game more relevant than ever. (HGTV has practically become a financial channel, with shows like Designed to Sell, Buy Me and My House Is Worth What?) We've moved from a manufacturing to a service economy, and the white-collar icons--bye, wheelbarrow, hello, laptop--seem aimed at the buyer willing to shell out $29.99 ($10 or so more than the old edition...
...away" and has called the Jewish state "a stain of disgrace"--have made him the most polarizing head of state in the Muslim world. Under Ahmadinejad, Iran has built up its influence in Lebanon and Iraq and made clear its intention to become the dominant power in the oil-rich Persian Gulf. He has also accelerated work on Iran's civilian nuclear program, which the U.S. believes is geared toward producing a nuclear bomb. Though pictures of the Iranian President often show him flashing a peace sign, his actions could well be leading the world closer...
...campus. The argument goes that if only students felt at home in a campus-wide or house-based social group, they would cease to be workaholic/alcoholic wrecks, and become happy social creatures. Such an environment, so they say, would draw the geeks out of their shells, enlighten the rich kids, integrate the internationals, and most importantly, broaden everyone’s horizons. Advocates propose various methods of establishing this social Eden, including more administration social planning (usually via the house system), scrapping the blocking system, and increasing house dining hall restrictions—anything to get students out of doing...
...know, I'll have to put in calls to Bill Gates and Warren Buffett - but not his granddaughter. The truth is, our deepest fears tend to be deeply rooted, internal things, are actually pretty universal, and the rich people I know are just as prone to them as everyone else. Of course, if you are struggling to put food on the table, that generates very different survival fears...