Chapter 1:A Road to Truth (consilience,break bowl,prejudice,Montessori,beat the market,Quant,MIT MBA,Jewish education,Kelly's Criterion,Edward Thorp)

[운동맨]

   

Jay’s $$$ Confessions (Conspicuous advertisement for Jay’s [$$$ wealth-creating-strategy development] mentorship program)

Chapter 1: A Road to Truth (break bowl,prejudice,Montessori methods,beat the market,Quant,MIT MBA,Jewish education,Kelly's Criterion,Edward Thorp)

        Jay’s $$$ Confessions

Content

Chapter 1: A Road to Truth

Chapter 2: XXXX is Yours

Chapter 3: Prelude to Discovery 

Chapter 4: Conceited Goliath vs experimenter David

Chapter 5: the Era of Quants

Chapter 6: $$$ Chronicle 1_Warren Buffett  

......

For Korean edition of this writing, click --> http://cafe.daum.net/mydearenglish/9GyL/1 

Notice: This writing is for English users rewriten in English from its original Korean version at http://cafe.daum.net/mydearenglish . I (or Jay), the author, presently reside in Korea as of 2012 Jan.

Links in the writing, except for links to Wikipedia, may lead you to another writing written in Korean. I will translate all my writings in English though. It will take long~~~ time. Anyhow, my program, Jay’s [$$$ wealth-creating-strategy development] mentorship program, is offered in both English and Korean. Should you need more information, you can reach me by email ( newb23@hanmail.net )

This writing can be best viewed on PC screen not on mobile phone.  

A person may realize something by himself, learn something heteronomously or autonomously, and search for Truth. Here, Truth could mean religious, scientific, or academic Truth: and also Truth about $$$ or life. Some people who realized Truth in their own way via some religious studies or experiences may speak out to others about what they came to realize. (Ex. “We human beings are a work of almighty God. He loves us!”)  Or some others may tell their friends knowledge they learned from school (Ex. “We human beings had evolved from Australopithecus.”). Also, there could be some people who express their own beliefs about $$$ as follow.

   “Mutual Fund is a great means to grow my money!”

   “Nothing can compare with real estate investment in the rate of return!”

   “You have to use real estate auction to make money!”

   “I will become a Turtle Trader!” (Turtle Trading will be explained later ^^)

Jay's $$$ confessions 

From now on, I will give you my confessions (the more precise expression‎ would be "I will expose what I have frankly, nakedly and provocatively"). What I mean is not that I will tell you about my religious beliefs. My confessions are not confined merely to religion, science, studies, $$$, life, etc. Through my confessions, you will hear about intense experiences of my various times (from childhood, adolescence, to middle years of my life). You will also hear about my merits and demerits. You will know how I use ingenuity to solve problems and how I use these methodologies in $$$ money–making activities. The purpose of my frank confessions is to inform that those, who have interest, curiosity, passion, patience, and humility, have the opportunity to taste the $$$ Truth that I came to possess via realization. This opportunity is offered through Jay’s [$$$ wealth-creating-strategy development] mentorship program (to know more about the offered program c.f.  http://cafe.daum.net/mydearenglish/8XHZ/3 ). This is the Truth about $$$ wealth-creating and this Truth is applicable to all things in the universe. (I will show you how my $$$ Truth can be applied to all things by giving you examples later. Ex. health, military tatics, puzzle, martial arts, architecture, weaponry, history, astronomy, paleontology, biology, ecology, environment, physics, business, economy, etc ^ ^)

Jay's short chitchat 1: Ability to interlink multiple things as one-> Consilience! 

I am a person who is quite good at interlinking multiple things as one. This ability has been being spotlighted as a necessary element for creativity, ingenuity, and problem-solving. Steve Jobs of Apple could be one of those who are good at interlinking multiple things as one. 
It is also called as 'consilience'. Edward O. Wilson has been preaching consilience since 1998. 
(c.f.  http://en.wikipedia.org/wiki/Consilience )

I prefer to call it as 'the ability to interlink multiple things as one'. Unfortunately, there is no school that provides helps in this aspect. Well some schools try but it is not easy to make students good at interlinking multuple things as one simply because it's not easy to find a teacher who is good at interlinking multiple things as one. ^ ^ Stanford University offers a unique curriculum helping future leaders(?) obtain the ability of DESIGNING SOLUTIONS through consilience, though. Nice try! ^ ^ 
(c.f. http://dschool.stanford.edu/ )

Everything can be interlinked as one
Believe or not, my mentorship program helps mentees be good at interlinking multiple things as one.
(c.f. http://cafe.daum.net/mydearenglish/8XHZ/3 ) 
My mentorship program may be more valuable than that of Stanford's Dschool. ^ ^
 
   - Everything can be interlinked as one.
At least, that’s how I view things in my universe. I have been able to figure out Jay’s versions of [market-beating methods] by playing a Chinese game 'wu zi qi'(or 'gomoku' in Japan, or 'omok' in Korea), practicing all sorts of martial arts, watching animals’ hunting strategies on National Geographic Channel, reading stories of Alexander the Great, or reading science magazines about astronomy, evolution, physics, or paleontology….  

    

Example: astronomy

Do you know how astronomers have been finding planets more than hundreds of light years away from earth? Planets don’t produce light themselves different from stars emitting light. How could they find invisible planets light years away then? 

Do you think those astronomers who discovered planets are super clever geniuses? Therefore their success stories of discovering planets have nothing to do with you? Do you really think so?

Well, there is no need to look up to those astronomers with awe. Actually, the reason why you are not like them is that simply you don’t spend your time and energy on finding planets with curiosity and pleasure. I mean it! ^^

Even a 7th-grader can understand it

The methods they found planets were so simple that even a 7th-grader can easily understand.
Look at a light bulb in a room and place your fist between your eye and the bulb. And move it as if it were a planet. When your fist (a planet ^ ^) locates on the line between your eye and the bulb, you can see the bulb suddenly look dimmer. That’s how the astronomers found planets light years away. It’s very simple.  

   

Now move your fist slowly or fast. What can you observe? The slower speed your fist(a planet) has, the longer period of time you see dimmer light. So the astronomers know the speed of the planet’s revolution. How simple is that? ^ ^

Astronomers can also observe how long it takes between a dimmer light phenomenon and another.
Knowing the speed and the cycle of revolution of the planet around a star, what astronomers can further know? They can calculate the size, weight of the planet and distance between the star and the planet. Even you can do it by using knowledge you already learned from junior high school level.

Data collecting for researches

It’s not that difficult to do the works of astronomers. Actually, lots of data collected by Hubble telescope in the orbit around the earth are available to be researched. But the problem is that not many people love researching on data.
Only those who love doing it may discover planets in the universe. Imagine the quantity of data! There are so many unknown planets to be discovered!

Data itself don't show valuable information directly: inference is needed through some twists

What I do with my $$$ data in my $$$ universe is the same as astronomers do.
As described above, data must be collected for researches.
Financial/securities markets are so big and diverse just like the universe. In my case, I collect data by myself. I have been doing it for years. Data itself don’t say anything about $$$ money-making opportunities just as data from Hubble telescope don’t show planets directly. Data is just data. To fulfill my $$$ goal, I have to infer something valuable out of data by using all sort of hints available to me just like astronomers used hints from a light bulb experiment and simple physics learned from junior high school.

Interlinking things is the vital key 

Interlinking (data from Hubble telescope, lessons from a light bulb in a room and simple physics for young students) done by astronomers is a good example showing why interlinking ability is so vital.
I do the same. Interlinking (data from securities markets, lessons from Kelly’s Criterion, hedge trading model, market-neutral strategies, tactics used by animals in real world, winning principles used for a Chinese ‘wu zi qi’ game ('omok' in Korea), strategies used by military leaders such as Caesar, Alexander the Great, Zhuge Liang, … etc) done by me produced Jay-style [market-beating methods or strategies]. Jay-style [market-beating methods or strategies] are like planets I discovered. And these planets of mine are inhabitable (can beat the market ^ ^).

Don’t laugh at petty things around you
You may doubt me since I am talking about [market-beating methods] and a Chinese ‘wu zi qi’ game at the same time. You may think that 'wu zi qi' game is too petty to help your life. Come on! Wake up! Great discoveries of planets light years away were not even possible without a hint from a simple play with a light bulb and a fist in a room. Remember petty objects or things in your humble room could be hints for great discoveries. Observe with your eyes open~ ^ ^ By the way, by the time you finish my mentorship program, you will become an invincible ‘wu zi qi’ (or 'omok') player as long as you play first and build strategic postions each time by using Jay's versions of simple mathematical approaches. 100% winning! I hope you also become a market-beater under any circumstances. Period!

   

I will show you later how all things in the universe can be linterlinked to produce something valuable. Ex. health, military tatics, puzzles, martial arts, games such as 'wu zu qi'('omok'), architecture, weaponry, history, astronomy, paleontology, biology, ecology, environment, physics, business, economy, math, lessons form Kelly's criterion, etc ^ ^

Eliminate your prejudice by breaking your own bowl! 

The confessions you are about to hear are frank and provocative advertisements about how you can benefit from Jay’s [$$$ wealth-creating-strategy development] mentorship program. Upon speaking out something frankly and provocatively, one may become an object of hatred and abhorrence. Historically, there are many examples as such. (Ex: words and messages from Jesus Christ annoyed religious leaders with vested interests, advices from faithful retainers annoyed kings, scoldings from parents annoy teens). After hearing my confessions, you will judge me in various ways as follow: ‘a man of excessive conceit’, ‘an arrogant man', ‘a would-be OOO’, ‘a stupid person’, ‘a great person’, ‘a sage’, ‘a great strategist’, ‘a person who doesn’t know something’, etc. You will eval‎uate me according to your own bowl you have. Here the word ‘bowl’ is a metaphorical expression‎ meaning the size or content of knowledge, wisdom, and insight that an individual possesses in himself/herself. I shall be eval‎uated in many different ways according to the size and content of your knowledge, wisdom, and insight that you have. I don’t think I will only be applauded by all who hear my confessions. It is because the content of my $$$ confessions won’t please everyone. Your bowl, whether it is small or big, inevitably produces prejudice. You can’t reach Truth with prejudice. Now, you have to break your own bowl (existing knowledge or thinking framework that you have). If you do, then it will be much easier for you to benefit from my stories with flexibility.

Learn a lesson from practical teachings of Confucius

In the Analects of Confucius(論語), there is a saying as follows.

 

   "A wise man is not a bowl."  means that a wise man is not confined or limited like a bowl with a limited capacity.  

Let’s change ‘a wise man’ to ‘a person who pursues Truth’. Then, the above sentence can be paraphrased as follows.

   “A person who pursues Truth doesn’t judge things being affected by narrow knowledge or limited thinking framework (in another word, prejudice)".

A person who pursues Truth leaves open the possibility that his/her system of knowledge or thinking framework could be wrong and worthless. If you do this way, it will be much easier for you to reach Truth than other people who don’t do. It is not easy to break your own bowl.To practice ‘君子不器’ is like that a Christian clergyman leaves open the possibility that the theory of evolution could be true and reads various books about evolution with pleasure, or that an evolutionist reads avidly many books about creationism. It is really hard to break one’s own bowl. But if you do, it will be far much easier to reach Truth.

Jay's short chitchat 2: Prejudice strikes back ^ ^

I lived in Canada so many years and I enjoyed my life there.

However, I had an ever-growing  fantasy of living in the area where I can see the Mediterranean Sea and enjoy the Mediterranean climate. So I immigrated to a Mediterranean country after elaborate planning. Obviously, It wasn't easy to deal with some matters including my resident status in Europe. Finally I did it thanks to my unconventional job(squeazing $$$ out of securities markets by trading). The reasons why I dreamed about my new life in a Mediterranean country in Europe are as follow.

   - Mediterranean countries in Europe have beautiful and unpolluted nature since their economy mainly focuses on tourism.

   - Mediterranean climate is much milder and warmer than that of Canada. (I really hated the harsh winter in Canada ^^;)

   - Mediterranean countries are rich in history (I am crazy about the Roman Empire^^).

   - Etc… 

Time for reality check

In Europe in the mid-2000's, I lived in an apartment with a gorgeous scenic view of the Mediterranean Sea. 

In the beginning stage of my stay in a small seafront town in Europe, everything seemed to be perfect. It was kind of GREAT to wake up every morning yarning with a stretch and eat breakfast enjoying sunrise over the Mediterranean Sea. But what seemed to be perfect and fulfilling my fantasies had turned somewhat meaningless as follow.

   - It is true that the Mediterranean climate is favorable. But there is a disadvantage. In the summer, the Mediterranean areas have no clouds. Therefore no rain at all. It means that not only furnace-like hot weather bothers me but also super-strong ultraviolet rays damage my skin.  It didn't take long until I noticed that locals living in the Mediterranean areas were the victims of premature skin aging. (for furnace-like weather in the Mediterranean area, c.f. http://cafe.daum.net/mydearenglish/8Myz/7 )

I hate accelerating (skin) aging process.

   - It is true that the Mediterranean areas provide beautiful and unpolluted nature. However, clean nature itself didn’t suffice me to have a happy and meaningful life. I need many stimuli to grow mentally and intellectually. The area I lived in was too boring and small to be adequate for me. I realized that I am a person who most benefits from the atmosphere of big cities. In big cities, there is a higher probability to get mingled with people of great capacity and to meet people with the same interests as mine.

   - In big metropolitan cities such as Toronto, New York, LA, Vancouver, there is no much hardship for an Asian to live. However, in a small town in Europe, it’s a different story. In some occasions from time to time, I experienced xenophobia from locals (especially from teens who are not mentally mature ^^;) in the form of yelling, insults, swearwords. Sometimes, I got treated as an illegal immigrant by decent neighbors. So I told them that I am not an illegal immigrant and I don’t compete with locals in the job market. Then they viewed me as a drug dealer. ^ ^; Well, it’s understandable though since the European part of the Mediterranean areas were bombarded every day with never-ending influx of illegal immigrants from north Africa, Middle East and Asia and these illegal immigrants were willing to work for far less money than locals get paid. Therefore an Asian man, who lives there not working (well, I worked as a seasoned trader and performed creative researches in the field of finance/securities markets at home though ^^;) must have been a drug dealer to locals.  

Prejudice can lead to mistakes

The above-mentioned problems (risks of premature skin aging, limited stimuli, a typical kind of xenophobia, etc) made me reconsider my original plan and move to Asia. My action of living in the area of the Mediterranean Sea was caused by my prejudice that anything related to the Mediterranean Sea would be good. Actually, my life in a big Asian city, such as Shanghai or Seoul, is much better than that in a small town in the Mediterranean Sea. Well, it is true that Asian cities are busier, and more polluted. However, I have more stimuli, more people who have the same interests as I, and no stresses caused by racial differences (since I am an Asian, I am no longer a target of xenophobia in Asia. Period! ^ ^). Over all (considering many elements of life at the same time), I highly value my life in a big Asian city (as of 2012, I live in Korea).

Many elements should be considered at the same time 

In fact, in order to make the best decisions, not one nor two elements, but many elements should be considered at the same time.

Here is a very simple example.There are two situations as follow.

   - A man lives with a very beautiful woman who gives him so much stresses.

   - A man lives with a normal-looking woman who gives him little stresses.

A lot of young or inexperienced men choose a beautiful woman instantly not seeing other elements of a woman. However, the decision made by the prejudice (in this case, the external beauty) can lead to disasters. A man with a very beautiful woman who gives him lots of stresses will certainly die earlier than one with an average-looking woman who causes little stresses.

Prejudice prohibits us from seeing real value of a person, or things. Be aware of that!

Astonishing (or egregious) content you will hear from Jay’s frank and provocative confessions  

   -  You will hear that everything you know has been fabricated in a way (there are only differences of varying degrees).

   - You will hear that there are big problems in your educational methods that you use for yourselves and your children.

   - You will hear about immersion, ingenuity, creativity, problems-solving ability, Jewish education, Montessori methods, and Jay’s educational philosophy.

   - You will hear the reasons why so-called wealth-creating methods you are aware of or perform tend to lead you to be poorer and have a shortened lifespan rather than to bring you more wealth.

   - You will hear that our world seemingly looks uneventful but has unavoidable horrific problems and catastrophes would happen someday. (Jay’s version of the apocalypse by only using simple mathematical approach) If you consider lessons from Kelly's Criterion along with ecology, zoology, physics, climate change, population of Homo sapiens, limited resources of energy, food, water, etc, you can also roughly calculate what will happen in the near future. I am just bringing this subject to help you understand everything is connected. Being a Jay-clan quant means having an ability to interlink all thing in the universe or to find correlations among things. ^ ^ 

   - You will hear that among so-called market-beating-strategies (for stock, futures, options, forex markets) available to general public via books, seminars, online or offline education, non of them can actually make anyone rich. Even worldwide-known famous trading strategies, such as ‘Turtle Trading’, can’t make you rich. If you have managed to create some wealth using any of these strategies, it’s only because you were simply so lucky. Luck may work for you during some period of time but doesn’t repeat forever. You will hear about whys. And also you will hear how I discover advantageous parts from useless strategies sold to general public and how I create greater competitive edges by combining these discovered parts with other great strategies.

   - You will hear that there are a small number of people (or groups) who create wealth by squeezing $$$ money out of financial markets (such as stock, futures, options, forex) mathematically and scientifically. A person involved in this kind work is called ‘a quant’. ‘ A quant’ is an abbreviation of ‘ a quantitative analyst’.

(c.f. http://en.wikipedia.org/wiki/Quantitative_analyst )

   - You will hear that there are two types of quant groups. One is in the minority: quants in this category can be regarded as followers highly valuing lessons from ‘Kelly’s Criterion’ (c.f.  http://en.wikipedia.org/wiki/Kelly_criterion ) and they are usually not from the background of finance or economics, but mostly from the background of astronomy, physics, electrical engineering, math, computer engineering, etc. Two very famous quants in this category are Edward Thorp(a physicist) and James Simons(a mathematician).

(c.f. http://en.wikipedia.org/wiki/Edward_Thorp    http://en.wikipedia.org/wiki/James_Simons )

Another is in the majority: quants in this category can be regarded as ignorers of lessons from ‘Kelly’s Criterion’ and these quants are absolutely from the background of economics or finance. For example, Nobel Prize laureates in economics, economists, and ones who studied in economics or finance. Famous companies led by these quants that went bankrupt include LTCM, Lehman Brothers, MF global, etc.

(c.f. http://en.wikipedia.org/wiki/LTCM  

       http://en.wikipedia.org/wiki/Richard_S._Fuld,_Jr. 

       http://en.wikipedia.org/wiki/MF_Global   ) 

Just for reference, I (Jay, an auther of this writing) am a quant highly valuing lessons from 'Kelly's Criterion'. And I am not from the background of enomomics or finance, but from the background of mathematics, computer science, electrical engineering, etc. I am not trying to boast my education background. In fact, Jay's $$$ Truth can be learned even by a 7th-grader.(The only condition is that this 7th-grader has to have genuine curiosity in various fields ^ ^) Personally, I am so proud of the fact that I can help even a 7th-grader possess wonderful [market-beating methods], which Nobel prize laureates in economics don't have. I will tell you more about this later in every detail.  

(for Jay's career and education background, c.f.  http://cafe.daum.net/mydearenglish/8qVg/1 )

   - You will hear that Jay’s [$$$ wealth-creating-strategy development] mentorship program or [training program for the Jay-clan quants] is a very scarce passageway to help to understand [market-beating methods]. And also you will hear that, from the standpoint of helping to understand [market-beating methods], my program has far much higher values than those offered through MBA in finance or financial engineering by Harvard or MIT.

   - You will hear about reasons why I provide this very unique educational opportunities for those interested. And also I will reveal the whole process how I figured out Jay’s versions of [market-beating methods or strategies]. It is more enjoyable to know the petty details of process how Sir Isaac Newton invented calculus than to learn calculus itself. Certainly, it is more valuable to know how a martial arts has been made and developed than to learn a martial arts itself. Obviously, it is more beneficial to know what Zhuge Liang did as a child, a teen and a young man than to know what he did as an old man. Don't you agree? ^ ^

(for Zhuge Liang c.f. http://en.wikipedia.org/wiki/Zhuge_Liang )

(for some videos of my visit to Zhuge Liang's old house in 2011 c.f. http://cafe.daum.net/mydearenglish/5ZFc/1155 )

   - You will hear how superior my $$$ wealth-creating methods or $$$ money-squeezing methods are and how you can be sure of that.

   - You will hear that even though you learn Jay’s $$$ money-squeezing methods or strategies, there will only be a very small number of people who can actually squeeze $$$ money out of financial markets properly. Any I will tell you why a majority of people will fail.

(Pareto principle c.f. http://cafe.daum.net/mydearenglish/8vLh/2  

                              http://en.wikipedia.org/wiki/Pareto_principle )

   - Logically, if Jay’s confessions are all true, it is a very incomprehensible phenomenon that Jay is revealing Jay-style [market-beating methods or strategies] in the name of Jay’s [$$$ wealth-creating-strategy development] mentorship program or [training program for the JAY-clan quants], which could be equivalent to ‘secret techniques of invincible martial arts’ that must not be exposed, . You will hear my answers about this contradiction.

   - You will hear about my many shortcomings and some merits. It will be very valuable to concentrate on most benefiting from my merits (the ability to find something valuable or useful from things, the ability to verify these discoveries by devising proper research or experiment methods, the ability to apply the verified results to the real world to squeeze $$$) But you should avoid losing this unique chance by unnecessarily focusing on my shortcomings. The reason why I will frankly talk about my many shortcomings and some merits is to reduce probable conflicts or disappointments that may be caused by differences between what you expect from me and what I intend when you meet me to be trained for becoming a Jay-clan quant. I will talk in detail later, though. Simply speaking, I am a devotee of Montessori Educational Philosophy. Due to this fact that I am a follower of Montessori methods, my role is to lead a trainee (or a mentee) to reach or realize meaningful results on his/her own by doing something (experiments, expressions, calculation, reasoning, inference, discussions, trying to win some simple games by creating or developing problem-solving strategies) him/herself. I have little ability to summarize something in a polished and sleek manner like an instructor of a cram school or a spokesman of the White House. Montessori kindergarten teachers don’t lecture like general kindergarten teachers do. The picture on the right shows the typical sight of a Montessori kindergarten. You can see children be immersed in something and pleasantly do by themselves some actions that will be very helpful for their lives. Montessori teachers don’t lecture much! ^ ^ Likewise, I don’t try to lecture much nor use sleek expressions or terminology from difficult books such as technical books, college textbooks. My $$$ Truth was not obtained from textbooks nor technical books. If it could, all those with MBA degrees in finance or finance engineering would live without worrying about $$$ for the rest of their lives. But that doesn’t happen.^ ^

   - Etc……

Jay's short chitchat 3: Active learning (via experiments and all sort of attempts) is much more valuable than passive learning   

I have an ability to understand differential and integral calculus by myself without anyone’s help but I have little ability to let you understand calculus by giving you sleek and polished lectures of mine. However, as a believer of Montessori methods, I can help you by suggesting my own methods (raising questions to provoke your curiosity and various interesting experiments that may change your life) in order for you to understand the underlying principles by yourselves. In order to learn calculus via sleek lectures, you may go to an instructor of a cram school. I don’t make an effort to be a sleek instructor of a cram school since I don’t provide

   - Jay’s [$$$ wealth-creating-strategy development] mentorship program or

   - [training program for the JAY-clan quants]

for a living.

 

Don’t easily think that Sir. Isaac Newton gave a sleek lecture of calculus that he invented himself. Newton was a person who was very good at discovering or figuring out something but he was not good at giving sleek lectures. He was an awful instructor in the classroom since he didn't spend his time and energy to become a sleek instructor.

As Newton did, I focus on my merits. You will hear about that. My stories will be very helpful for parents with little children. The stories about how I reached the level where I am or the stories how I invented and evolved Jay-style [market-beating methods or strategies] are all about creativity. Ingenuity, problem-solving ability, Montessori Educational Philosophy.

Expected responses vs Jay’s brief answers
After reading the above, there might be some responses as follow.

“This guy is trying to get money or secure some seed money in the name of investment or hedge fund by alluring others.”

My answer: Even though rich people come over to me with $$$ and ask me to play with their $$$, I am not interested since I am an EXTREME stress-avoider and my mentoring activities are not for a living. If you view Jay’s versions of [market-beating methods or strategies] as $$$ Truth, the only way you can benefit is that you learn my methods and practice them by yourself. Certainly, my program is not for free but can be delivered for free in some special cases. A considerable number of people have been experiencing my program free of charge. In case that you pay for the program, it is very reasonable. I believe that my program should be accessible even to poor young students.

(c.f. http://cafe.daum.net/mydearenglish/1Jnv/10 )

“Oh, my God! … You are saying your program is far more superior than those of Harvard, MIT universities?… such an arrogant attitude!!!…”
My answer: What do you want me to tell you more when what I told you are facts? As a reference of matters, notice that the only thing Harvard’s MBA degree holder does is to become a salary man working like a warrior who has to confront unlimited stresses. Since 2008, a lot of CEOs or officers of bankrupt hedge funds, financial companies (so-called ‘great people’ with great degrees or backgrounds) lost their jobs. I will tell you more stories about it.

“Even though I learn Jay’s $$$ money-squeezing methods or strategies, there will only be a very small number of people who can actually squeeze $$$ money out of financial markets properly… Well then, it means it’s useless to learn! What the heck is this???… Jay is trying to make an excuse to get off blame from the trainees! … Mmmm cunning~ “
My answer: What can I do with the fact? Although ones learn a foreign language at school, not everybody can have potency of using the foreign language as a second mother tongue. No body can reach that enough level without repeating practices and uses. Cooking, standing on one’s hands, doing martial arts, and dancing require the same thing. So do activities squeezing $$$ money out of markets (stocks, futures, options, forex). If you don’t understand it, you haven’t done anything properly yet.

“Jay is a swindler just like other marketers of so-called moneymaking secret methods… I wasted time to read his writing… give back my precious time!!!…”

My answers: I understand why you judge me as a swindler. The reason why I am a swindler to you is because your bowl judges me as a swindler. Your bowl (knowledge, wisdom, insight) can become a prejudice and this prejudice can let you jump to a conclusion and hinder you from seeing true values of things. Well, it is also true that your bowl helps you make right judgments and wise decisions in most cases, though. My advice is to break your own bowl. Your higher education (ex. a doctorate, studies in economics or finance, bachelor’s or master’s degrees, MBA, CFA), lots of knowledge (from many curriculums, seminars, books) and lots of experiences (ex. successful projects or careers in specialized fields) may act as prejudice and let you jump to the conclusion that something with great value is valueless. So that is why one needs to be humble. Humility helps one break one’s bowl and see things without prejudice. Believe or not, even Nobel Prize laureates in economics can learn so many valuable things from my program only if they are humble without prejudice since.... Mmm... I will keep this for later.^ ^

The title of this series
The title of the series that your are reading is “Jay’s $$$ Confessions” and its subtitle is “Provocative advertisements of Jay’s [$$$ wealth-creating-strategy development] mentorship program”. ^^ Honestly, I feel very embarrassed to advertise frankly and provocatively. ^ ^; However, If I don’t advertise my program this way to you who live in a flood of ads, what a waste of competitive edges and opportunities! What I am saying is that your competitive edges are wasted since [market-beating methods or strategies] are something everybody wants to know. Jay’s [$$$ wealth-creating-strategy development] mentorship program...Mmm~~ Is it a scam or $$$ Truth?  Judgment is yours. Have humility and break your own bowl and have interest with a mind pursuing $$$ Truth.

          

My $$$ religion is defensive like Judaism
My $$$ confessions you will hear in the following essays of mine are absolute Truth to me, but to you they could be anything from absolute Truth or gold to trash or poison. In our universe, there doesn’t exist something absolute that can clearly judge whether the $$$ Truth I have is valuable or valueless. So the title of my writing is “Jay’s Confessions”. Isn’t it? ^ ^ Jews, Catholics, Protestants, Buddhists, Taoists, Confucians, Muslims…etc… all these people live well without any problems despite different viewpoints of Truth. If so, that’s the way it is. There doesn’t exist something absolute that judges which belief is right and which belief is wrong,. It is the same as a lion can’t blame a buffalo for eating grass, and a buffalo can’t blame a lion for eating meat, and a bear can’t blame other animals for not being able to eat both plants and meat. However, if bowls (prejudices) are broken, unbelievable things can happen: A Jewish can be converted to a Catholic and a Protestant to a Muslim.

I have no intention to boast that I am extraordinary through my $$$ confessions. ^ ^; My intention is merely to inform you that there is a way of living as a Jay-clan quant and I will help you if you want a $$$ conversion. My $$$ religion is not aggressive like Christianity (ex. Christianity is famous for its very active preaching works) but defensive like Judaism (ex. Judaism does little preaching). I don’t try to convert others. I just do helping those asking for my help with humility and listening ears.

The next chapter “Chapter2: XXXX is yours” will lead to you to a land of milk and honey of my $$$ religion.

(Click to warp to the chapter 2 --> http://cafe.daum.net/mydearenglish/9GyL/2 )

 

expression‎ ssion  sion ion on n

[미스터큐]

비교적(?) 쉬운 영어 감사드립니다 ^^;; 읽는데 한참 걸렸지만 ... 제이님께선 그럼.. 사람들을 가르치는 그 자체에 희열을 느끼시는 분입니까?

[운동맨]

사람들을 가르치기 보다는 진리를 추구하는 일에 희열을 느낀다고 해야 되려나... 전 가르치는 일을 특별히 좋아하는 사람은 아닙니다. 특히 주입식 가르침은 짜증나는 일이죠. 제가 아마 공교육 현장에 있다면 생각만 해도 끔찍하군요.~

저는 재미난 모든 일에 희열을 느낌니다. 배우는 것에도, 가르치는 것에도, 보는 것에도, 듣는 것에도, 하는 것에도, 실험해보는 것에도, 흉내내는 것에도, 농사짓는 것에도, TV보는 것에도(주로 다큐. 내셔널 지오그래픽, 히스토리 채널), .... 영화를 보는 것에도, 글을 쓰는 것에도, 글을 고치고 편집하는 것에도... 쉽게 얘기하면 (관찰,발견,표현)하는 모든 일에 재미를 느낌니다.

[운동맨]

I feel joy in doing anything interesting: learning, reading, teaching, watching, listening, doing, experimenting, mimicking, farming, watching TV(docu programs such as History Channel)... enjoying movies, writing, editing writings,... Easily speaking, I feel joy in everything related to activities for (observation, discovery, expression).

[꿀꿀이]

wu zu qi 중국에서도 하는군요.

[hollywoodactor]

Thanks for your kindness to write the fact of life in english for those who really try to manage their life with balancing and optimizing like me(lol). Wish i could get a chance to meet u sometimes^^