And the feeling is mutual. Continue reading »
ladies
According to the cover story of Bloomberg Markets Magazine’s Junes issue, entitled “Buffett and the Prince,” yes. Before we get into all that, however, just take a moment to appreciate the setting in which this interview took place:
Prince Alwaleed bin Talal sits under an almost full moon near a campfire at his rustic retreat in Riyadh, Saudi Arabia. He’s surrounded by a zoo with zebras and giraffes, an artificial lake and a lodge that has an indoor pool, saunas and steam rooms. Three hooded falcons are perched on stands in front of him. Five young women, dressed in black miniskirts and jackets and orange knee-high boots that match their nail polish, serve clove-and-cardamom tea to Alwaleed and his entourage.
Now, the Prince and his infatuation. Is it so much an obsession with the Oracle of O as it is one with simply being as rich as him? Obviously that’s part of it, though with a net worth of $16.6 billion, his highness has a bit of catching up to do to Buffett’s $48.7 billion (a disparity Big Al is not sweating. “When he was my age, he was not as big as me,” Alwaleed says. “I still have 20 years.”) And former aides say “being the best, being the wealthiest is what motivates [the Prince], whose preoccupation with his status and wealth is on display at Kingdom Holding’s headquarters, where bookshelves display reprints of magazine articles about his ranking on billionaire lists. After rankings are published, he sometimes issues a press release touting his position.” But there’s more than just a “I would like to have a few more billions in my name” thing going on than a serious “I want to be Warren Buffett, I want to posses Warren Buffett, if I can’t have Warren Buffett no one can” vibe emanating from Alwaleed. First off, he refers to himself as “the Buffett of Arabia.” And he takes pains to prove to reporters that he and Buffs are basically two bodies, one soul, as indicated by similarities such as the fact that they both use filing cabinets and they both wear pants (sometimes).
Did Raj Rajaratnam’s Brother (Maybe) Get Into The Insider Trading Business To Score Chicks?
By Bess Levin
As previously mentioned, Raj Rajaratnam’s younger brother, Regnan, was investigated for insider trading in 2007. But why did baby bro (maybe) get into a game of just the (hot stock) tip in the first place? Based on this quote from 2001, I’m thinking to land some ladies. Here’s what Rengs told Fox in an interview on bachelors competing for a dwindling supply of bachelorettes:
“It definitely feels like there are less quality women out there,” said Rengan Rajaratnam, 31, a hedge fund analyst in New York. “I stress about it. It’s like they’ve all gone away or someone snatched them all.”
Off the top of our heads, we can’t name one woman in a prominent position at a quant shop. Maybe this is why.
Math 55 is advertised in the Harvard catalog as “probably the most difficult undergraduate math class in the country.” It is legendary among high school math prodigies, who hear terrifying stories about it in their computer camps and at the Math Olympiads. Some go to Harvard just to have the opportunity to enroll in it. Its formal title is “Honors Advanced Calculus and Linear Algebra,” but it is also known as “math boot camp” and “a cult.” The two-semester freshman course meets for three hours a week, but, as the catalog says, homework for the class takes between 24 and 60 hours a week.
Math 55 does not look like America. Each year as many as 50 students sign up, but at least half drop out within a few weeks. As one former student told The Crimson newspaper in 2006, “We had 51 students the first day, 31 students the second day, 24 for the next four days, 23 for two more weeks, and then 21 for the rest of the first semester.” Said another student, “I guess you can say it’s an episode of ‘Survivor’ with people voting themselves off.” The final class roster, according to The Crimson: “45 percent Jewish, 18 percent Asian, 100 percent male.”
Why Can’t a Woman Be More Like a Man? [The American]
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