Thursday, April 26, 2012

Once The Game is Over, The King & The Pawn Go Back in The Same Box

Once the game is over, the king & the pawn go back in the same box - Italian Proverb

Wednesday, April 25, 2012

The Only Morality In a Cruel World is Chance

"The only morality in a cruel world is chance" - Two Face,from The Dark knight. 

Is it really? A lecture from one of my courses in bioethical research comes to mind. The short version of this real-life dilemma is that there are a lack of live organ donors in North America, so there's a system set in place to decide who receives the organ. For years, ethicists have been trying to figure out the fairest way to decide who gets to live, and who doesn't.

There are 2 main principles to approach this from: urgency or a first-come-first serve basis. If we choose urgency, then people who have been waiting on the list to live, are left to continue suffering or die (even if they've been waiting longer). If we choose the list, then people who aren't going to die are put ahead of people who are, for the sake of fairness & principle(which is contrary to how our emergency healthcare system works).

So a couple of ethicists have argued that the only morality in a cruel world is chance. But is this just the easy way out? Or is it really the fairest solution?


- knowledge

Monday, April 2, 2012

CEO of J.P. Morgan's Reply to a Gold Digger

A reply from CEO of J.P. Morgan to a pretty girl seeking a rich husband

A young and pretty lady posted this on a popular forum:

Title: What should I do to marry a rich guy?

I'm going to be honest of what I'm going to say here.

I'm 25 this year. I'm very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above.

You might say that I'm greedy, but an annual salary of $1M is considered only as middle class in New York.

My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married?

I wanted to ask: what should I do to marry rich persons like you?

Among those I've dated, the richest is $250k annual income, and it seems that this is my upper limit.

If someone is going to move into high cost residential area on the west of New York City Garden(?), $250k annual income is not enough.

I'm here humbly to ask a few questions:
1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches are only average-looking? I've met a few girls who don't have looks and are not interesting, but they are able to marry rich guys.

4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)

Ms. Pretty

A philosophical reply from CEO of J.P. Morgan:

Dear Ms. Pretty,
I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor.

My annual income is more than $500k, which meets your requirement, so I hope everyone believes that I'm not wasting time here.

From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain.

Put the details aside, what you're trying to do is an exchange of "beauty" and "money" : Person A provides beauty, and Person B pays for it, fair and square.

However, there's a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can't be prettier year after year.

Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It's not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worse 10 years later.

By the terms we use in Wall Street, every trading has a position, dating with you is also a "trading position".
If the trade value dropped we will sell it and it is not a good idea to keep it for long term - same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or "leased".

Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income.This has better chance than finding a rich fool.

Hope this reply helps.

J.P. Morgan CEO


Real or not - this shit is truth

- knowledge

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