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PDF Editor FAQ

How do you start a hedge fund from your dorm room like Ken Griffin?

Well first you would have to learn how to spell, his name is Kenneth (Ken) Griffin. I’m not pointing this out to be rude and pretentious, I’m pointing this out because if you care about entering the hedge fund industry you need to realize how cutthroat the environment is and how you can’t let small errors like this hurt your reputation.Ken Griffin, started out by managing money of his family and friends while still at Harvard. He employed a strategy know as convertible bond arbitrage and simultaneously read as many finance books he could get his hands on through Harvard’s library. By trading and investing at school he gained a lot of experience that set up a foundation for his future success.After Ken Griffin graduated from college, the founder of a Glenwood Capital, Frank Meyer, gave him 1 million to to invest. Ken Griffin did so well, that in 1990 he set up Citadel with 4.6 million.So the only way you can “start a hedge fund” is by beginning to trade smartly as soon as you can.

Why do the majority of people measure success by Net worth or Power, when advancing humanity might actually be a better goal?

In the city where I live, there's something called the sunshine list. This is a list published by the provincial government every year and contains names of people that make above $100,000 or more a year.One day a bunch of us were going through this list out of sheer curiosity and had a discussion about the salaries that our university professors made. We saw that business professors made almost double of what the professors at humanity made though all of them had a PhD.We took this question to our economic & finance professor as we saw him most fit to answer the question. We were expecting a long answer involving unions and stuff but to our surprise, his reply was very short. 3 words to be precise. He said,The market decides.That is all he said. Sure professors from both faculty had a PhD, sure they taught roughly the same number of students, sure they all had almost similar years of experience in their field but it is the market and the perception of people in the market that decide how much they make.The world isn't short of charities and not for profits who have varied aims like protecting the victims of war, stopping child abuse, putting an end to global hunger, all of which come under the umbrella of bettering humanity.But people always values companies that do something for them, satisfy their need in some way than feeding an innocent kid in Africa who lost both her parents to civil war.The market demands companies that cater to their needs than a global cause. And the founders supply. These founders are rewarded with money and power.But not everything is dark here. Apple changed the way we use phones. Facebook made it so much easier to stay in contact with our loved ones. Tesla put fire under all motor companies’ asses to produce environment friendly cars. Almost all such companies have bettered humans in one way or another.Whether they bettered humanity as a whole is beyond discussion.Move something today :)

What is the most infamous Rock and Roll scandal?

Some candidates:Jerry Lee Lewis marrying his 13-yr-old cousin, then having his British tour abruptly canceled because of itDennis Wilson partying with and supporting the Manson Family; the Family then going on a two-day killing spree, allegedly because the record producer Terry Melcher reneged on signing Manson to a recording contractManson developing the arcane lingo for his vowed impending race war by scanning the lyrics on The Beatles 1968 “White Album”.Elvis Presley, singing on a 1957 TV appearance, being filmed only from the waist up, because many Americans of that time thought his gyrating hip swivels were obscenely suggestive.Chuck Berry installing a camera deep within the toilets in the ladies’ looProducer/arranger Jack Nitzsche doing interesting things to actress Carrie Snodgress with a loaded pistolMilli Vanilli winning a Grammy for music they didn’t makeDitto Martha Wash and Black BoxGeorge Michael being caught cottaging in men’s lavsSid Vicious bumping off his girlfriend Nancy Spungeon at NYC’s Chelsea Hotel, in a heroin hazeEric Clapton’s toddler son crawling out of a high-rise window to his death…Jim Morrison (allegedly) taking his junk out onstage in FloridaSam Cooke getting shot dead by an LA motel owner in 1964; some allege it was a CIA hit because of Cooke’s increasing support of “radical” civil rights issuesWhite pop singer Pat Boone making millions off songs that had been originally introduced by Black artists, whom radio supposedly “wouldn’t play”Marvin Gaye being shot dead by his trans-dressing schizophrenic fatherPetula Clark causing a scandal in 1968 USA on her TV show… by holding the hand of a black singer, Harry BelafonteSuggestions that rockers Alice Cooper and Ozzy Osbourne were killing live chickens onstage by biting their heads offThe plane crash which killed 6, claiming the lives of three of the members of the Southern Rock group, Lynyrd Skynyrd.Revelations that Beach Boys patriarch Murry Wilson had physically and emotionally abused his sons for yearsRevelations that Jackson 5 patriarch, Joe, had physically and emotionally abused his sons for yearsRevelations that “Papa” John Phillips had had an ongoing incestuous relationship with his own daughter, MackenzieThe Beatles being pursued by a lynchmob in The Philippines, barely escaping the country, for having snubbed the cocktail party invitation of prime minister’s wife Imelda Marcos.Brian Wilson absenting himself from the Beach Boys after megadoses of LSD drove him into full psychosis; then becoming the victim of a pill-happy doctor svengaliTommy James’s memoir recalling how his rise to fame in the 60’s was financed by the Italian MobPaul McCartney arrested in Tokyo, Japan for marijuana possession.Rumors that Rod Stewart had to be rushed to the hospital for a stomach pump… after “orally pleasuring” his entire band.Tupac Shakur and “Biggie” Smalls being iced in a rapper’s vendettaLittle Richard going in-and-out of the closet repeatedly for years… before becoming an evangelist saying gay men were going to hellDonna Summer shooting to fame as the darling of the LGBT community… then later claiming that all gay men were going to hell and AIDS was God’s Punishment.Eleven people dying by being trampled during a stampede at a Cincinnati “The Who” concertGlam-rock star Gary Glitter being caught distributing kiddie pornElvis Presley given an Anti-Drug Chairman status by President Nixon, when The King himself was a walking pharmacy; later dying while seated on the commode.Audience member stabbed to death by Hell’s Angels bodyguards at Rolling Stones’ concert, AltamontThe band Great White setting a nightclub fire… set by their own pyrotechnics, killing manyFlorence Ballard unceremoniously ousted from megamillion-earning Motown act, The Supremes… then dying in povertyJohn Lennon saying the Beatles were bigger than JesusJoe Meek blackballed from the British recording establishment when news of his having importuned in men’s lavs was printed in the newspapers, then him killing his landlady, then himselfJimi Hendrix dying by choking on his own vomitThe revelations in the late 1950’s that the pop music industry was totally financed and greased by PayolaThe revelations, beginning in the 1980’s and 1990’s, that many Black artists, now living in poverty, had totally been screwed out of their 1960’s royalties by their white producers… for songs which were still getting daily airplay on Oldies stations across the countryGrace Slick coming very, very close to dumping a buttload of LSD into the punch at a White House party.A very drunk Grace Slick onstage at a German “Starship” concert razzing the audience that they were “Nazi scum who lost the war”Actor Michael Caine writing in his memoirs that he had attended a swank Hollywood party in 1968, when who should waltz in the door but “Mama” Cass Elliot flanked by two people on her arm: Sharon Tate and Charles Manson (when all public documentation alleges that Tate and Manson had never met)The 1968 raid on Mick Jagger’s mansion, said to have uncovered pot and cocaine, and interesting things done to Marianne Faithfull with a chocolate bar1950’s Doo-Wop singer Frankie Lymon dying in 1968… leaving behind a will contested by THREE women, each of whom allegeing she was his lawfully married wifeBrian Jones dying in his swimming pool under mysterious circumstances; a bricklayer, decades later, saying on his deathbed that he did itJim Morrison dying in Paris under shrouded, mysterious circumstancesTina Turner enduring years of physical and emotional abuse from her husband Ike.Ian Curtis of Joy Division suddenly hanging himself right as the group was achieving fame and successFolk singer Sandy Denny, 9mos pregnant, falling down a flight of stairs to her deathKirsty McColl killed by a speedboat in Mexican waters by a local millionaire, in front of her three childrenJohn Lennon assassinated in NYC by a man whom son Sean Lennon maintains was a CIA “Manchurian Candidate” operativeTexas pop singer Bobby Fuller found dead, under very suspicious circumstances, in a car in Los Angeles, 1966.Buddy Holly, Ritchie Valens and The Big Bopper killed in January 1959 when their plane went down.Fabled pop record producer Phil Spector convicted for murdering Hollywood starlet Lana ClarksonThe recent piecing together by author Dave McGowan that an overwhelming number of big-name 1960’s rockstars in Laurel Canyon, CA— seeming to be flamboyantly anti-Establishment, anti-Vietnam—- had parents high up in CIA and military intelligenceJoni Mitchell quoted in ROLLING STONE as saying that she believed the USA was now definitely in decline, because so many gay men were now visible in society, and that’s how you know

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