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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (60987)2/10/2010 12:22:42 PM
From: energyplay  Read Replies (2) | Respond to of 217917
 
The hedge fund winners aren't making the money per hour, but as the payoff of investments/bets on market moves. This is also a list of the winners, sort of like the people who have hit records. The median hedge fund manager makes a lot less.

Climate and weather knowledge can be used for a number of agricultural and energy speculations.

Maybe your son in law should consider writing a book on weather, climate and the economy or writing a newsletter.
You don't need many subscribers at $150 a year to be eating more steak.

Both of those activities are in line with most academic values, and don't require living in New York or Greenwich.

It is well know that the way most Economics professors got rich (before consulting for hedge funds) was to write an economics textbook. (See Paul Samuelson)

*****

Makes me think about Randy Newman's "It's money that matters"

There are many PhD level academics, who once they decide that they want to start making money, who do very well either in related fields or in real estate or the stock market.



To: koan who wrote (60987)2/10/2010 4:27:25 PM
From: 3bar  Respond to of 217917
 
Everyone wants to ride the train but no one wants to repair the track . Who does not want their appendix out before they rupture but no way they will stay in school for 25 years to do it .

And so it goes !

jack



To: koan who wrote (60987)2/11/2010 1:14:29 AM
From: elmatador  Read Replies (1) | Respond to of 217917
 
Education is, in great part, a way for a person to work less for a given amount of money. Humans being lazy by their own nature will prefer education have transformed it into a sacred cow because this supports his own cause of putting education on a pedestal.
It all reinforces the cause and governments will provide education so as to gain votes...

There are some education that does not pay back. Those form people who go on to teach the same subjects to the next generation and so it goes.

That education acquired only provides a comfortable middle class life for the person.

There is little education that will pay a lot more but the person has to be able to stand the discomfort, hassle, hazzards, idiots all around...