Wednesday, July 31, 2013

A LETTER FROM JP MORGAN CEO TO A GOLD DIGGER AGED 25!

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.

signed,
J.P. Morgan CEO


Lohzhong finds that some college girls are quite amusing whenever they post their status updates with mostly their pretentious poses,eventhough the status was abt the feelings or observations!


Thursday, July 18, 2013

The Real Man that inspired the character of Iron Man! Def not Robert Downey!!

Everybody loves Tony Stark, a.k.a IronMan! It's Ethan's favorite super hero. Have you ever wonder in real life does Tony Stark exist? At least I have found one real person who can fit the bill though not exactly wearing the iron man suit flying and flirting ard!

He is Elon Musk! know who he is? Tesla's CEO! Yeah, he was the founder of Paypal too. What's so great about him? You may ask.


Decade-old Tesla is an automotive phenomenon, with an industry leading share price surge from $20+ to yesterday closing @ $120.25 in just 12 mths! Not only that, this little company has outpaced the big 3 auto companies in repaying a $465M US Energy Dept loan 9 years ahead of schedule!

The Model S, Tesla's $90,000 sedan, is widely considered to be the most innovative electric car, beating the volt, etc! The vehicle may top 15,000 in sales this year! Analysts, and the company itself, believe global sales could top 30,000 units by 2014.


To me, there's no question that CEO Elon Musk is a true miracle worker of our time -- with successes ranging from spaceships to solar panels. His vision cannot, and should not, be disregarded.

Musk also runs rocket maker Space Exploration, known as SpaceX, and solar power provider Solar City. Yes, he will be building up a whole city running on solar power mainly!

Today he is already worth $6B plus and he is not resting on his laurels.
What is next? And this is the one that making me blogging about him! The fifth mode of
transportation, that means after car,boat,train and plane! What else is possible? If you ask Proton for their vision, they will just jump down from KLCC! :-)

Ok, Musk called it the HYPERLOOP! what's that? It is a future High Speed travel mechanism which can bring you from NY to LA in just 30mins. to Beijing in 1 hour plus! to Malaysia in 2 hrs, enough time to watch 9.30pm show!

Elon will announce the Alpha design of Hyperloop on the 12th Aug, stay tuned to the news! It's a cross between a Concorde and a rail gun and air hockey table! Wow!


 
 Watch this video too!
: