<p>LMAO....this thread is too funny. It would be great if Donald trump was my dad.</p>
<p>HAHAHAHAHAHAHAHA I would be so great...I could actually get into Wharton.</p>
<p>You know what I find interesting. The personality of traders and wall street types portrayed in the media are always lavish, alcoholic, womanizing jock types. Now when i go back to high school i think about my buddies and they were those type in high school but they end up all going to community college and lowly accredited universities, luckily i made it to IU. But now everyone here says that all wall street people are from harvard, yale, princeton, wharton, etc... and when i think back to high school the kids that went to these types of schools DEFINETLY do not fit the stereotype of wall street, and most probably the majority of the kids at these schools (no offense, i envy you) are probably similar in personality. Isnt that odd?</p>
<p>Well the media needs to portray them to be flamboyant because guess who the media is attracting: average laymen. Your average man will not know of Jim Simons who has the best trading record in his Medallion hedge fund. He happened to have gone to MIT for mathematics, and is of the Chern-Simons theory fame. Your average Jane and John would have a hard time explaining the difference between a stock and bond to me. Anything directed by the media towards them is utter rubbish.</p>
<p>I find this thread funny though (particularly because of the unrealistic amounts noted EVEN IF they made it to the position they stated).</p>
<p>kevster1001: "Donate money to Princeton"</p>
<p>riptide88: "kev why wwould you donate to princeton if your not attending?"</p>
<p>kevster1001: "don't really know. Lol. Maybe Wharton then"</p>
<p>lol</p>
<p>
[quote]
I find this thread funny though (particularly because of the unrealistic amounts noted EVEN IF they made it to the position they stated).
[/quote]
</p>
<p>HAHAHAHAHAHAHAHAHA.....well it doesn't hurt to be a visionary. The most successful people in the world are/were visionaries. Bill Gates is a visionary, as were Vanderbilt, Carnegie, JP Morgan, Steve Forbes, etc etc..</p>
<p>"HAHAHAHAHAHAHAHA I would be so great...I could actually get into Wharton." (referring to Trump being his dad)</p>
<p>You know that Donny Jr. didn't get in right and Ivanka didn't get in either but eventually got in as a transfer...Donny Sr. has never donated a penny to wharton/penn that is probably why his kids didn't get in...lol</p>
<p>"HAHAHAHAHAHAHAHAHA.....well it doesn't hurt to be a visionary. The most successful people in the world are/were visionaries. Bill Gates is a visionary, as were Vanderbilt, Carnegie, JP Morgan, Steve Forbes, etc etc.."</p>
<p>Those visionaries had a vision, which im sure were more than just money lol. Donald Trump had to transfer to wharton from fordham.</p>
<p>you guys are crazy.</p>
<p>I find this thread hilarious as well as CC as a whole of late. You all should be concerned about what trading is and be schooled on how to trade rather than what you will do with the money you will have earned with trading. Sure its cool to think about what you could do, but a more fruitful endeavor would be learning how to trade NOW so you could enjoy those things SOONER. Listen, somewhere in the ballpark of 95% of traders fail...of the 5% who do have a P/L in the black...how many do you figure rack 60MM plus a year? Its possible of course as anything is of course...but dont think its a walk in the park...someone once said "this is the hardest easy money you will ever make" and trust that is an understatement on a consistent basis :)
Haitham</p>
<p>ah, the smell of money entices! :eek:</p>
<p>I'm not into trading at all. And everyone knows that the richest men, in the world will always be entreprenuers. Always.</p>
<p>^ Yet another comical comment. Do the following:</p>
<p>Divide the number of billionaire entrepreneurs by the total number of entrepreneurs out there.</p>
<p>Divide the number of billionaire investment managers/traders by the total number of investment managers/traders out there.</p>
<p>The ratio would be more or less equal (there are substantially more people who try to make it big by being entrepreneurs than traders/Investment managers).</p>
<p>Jonathan K.
-Age: 38
-Job title: Investment Banker for Goldman Sachs
-Job Location: New York, NY
-Salary: $2,500,000
-Education: Upenn - Wharton
-Net Worth: $75,000,000
-Other Locations: Paris, Monaco, London, Athens, Dubai, Frankfurt, Greenwich CT, Toronto, Ottawa (hometown, baby), LA</p>
<p>yea but I read somewhere that out of the original Forbes 400 rich list that came out in the 80s, only like 10% remain on the list today most of them being traders or investors. The reason why is that for people like Bill Gates all their eggs are all in one basket, while the ppl that diversify are the ones that last in the long run.</p>
<p>Sammy> Its not even because of that. The markets are a highly demanding and competitive arena. Many markets are zero sum games so you essentially have to be better than the majority in order to earn your riches. The market can also change making your edge obsolete in which case its a matter of adapt or die. Many simply can't adapt. However, you have people like PTJ, Simons, Soros, Cohen who are there year after year as they are simply the best. A lot of the entrepreneurs of the 80s aren't on the forbes list anymore either. And please I don't need to be the richest, I just need to have fun playing a game. I am not in the game of forecasting how rich I will be. </p>
<p>One should work on perfecting his/her skill and letting the rewards follow.</p>
<p>I'll give this a shot.</p>
<p>Age: 38
-Job title: Christian books vendor
-Job Location: Smackover, Arkansas
-Education: 9th (high school)
-Net Worth: 50 cent
-Location: A stand on the side of the road
-Other Locations: A stand on the other side of the road
-Income: $0.05-0.10 donations, plus the occasional ramen noodles
-Comments: I have steady, warm meals from the soup kitchen and 7 different types of shoes (each unpaired).</p>
<ol>
<li>futurenyustudent
-Age: 37
-Job title: Hedge Fund Partner
-Job Location: Wall St, New York, NY
-Salary: US$24,850,000.00
-Education: BS(finance) at NYU, MBA at the Wharton School of Business
-Net Worth: $350MM+ in real estate holdings and other assets
-Location: Greenwich,CT and London,England
-Other Locations: West Palm Beach,FL/Palm Springs,CA/Easthampton,NY/Aspen,CO
-Comments: I also drive a maserati and have a private Gulfstream Jet. I have a chauffeured maybach, helicopter, and helipad in my backyard. I'm donating $50MM to Brown University so they can start a business school. I habitually throw lavish parties (catered by the Four Seasons Hotel) at my 10000sqft contemporary mansion on a private island in Greenwich. Also member of the Trump National Golf Club in Briarcliff,NY.</li>
</ol>
<p>If there was a word higher than greed that is higher than premedwannabe's word, I would be greedier than that word.</p>
<p>Well you've adopted the Bill Gates style already.</p>
<p>I'm not talking about percentages, I'm talking which one has the most potential to make the most money. Entreprenuership. The richest person in the world is always an entreprenuer(or inherited).</p>