Thursday, July 14, 2011

Linkedin - user_agreement

Dear all, 

Those of you applying user account in Linkedin, please check out this link http://www.linkedin.com/static?key=user_agreement and search for keyword "remove, retain, add, process"

Basically, what I want to share is that, read that particular paragraph carefully, you are agree to let Linkedin "a nonexclusive, irrevocable, worldwide, perpetual, unlimited, assignable, sublicenseable, fully paid up and royalty-free rights to copy, prepare derivative works of, improve, distribute, publish, ......use and commercialize, in any way now known or in the future discovered...."

Basically, you are allowing Linkedin to do whatever they want, including selling your information for money, take your ideas, for whatever reason they want.

I don't want to allow Linkedin to do that to me and my information, so, I have totally deleted my account now.

If you care for your own privacy, take necessary action to protect it. Sorry, I'm not using Linkedin anymore.

Best regards,
GS 

Tuesday, May 10, 2011

CEO of JP Morgan reply to a Pretty Girl

The article below was found on CEO of JP Morgan reply to a Pretty Girl

It is a reference and i find it a very interesting article to read, just to share with my friends.

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CEO of J.P Morgan reply to a Pretty Girl

MINDBLOWING THOUGHT PROCESS!!!


A young and pretty lady posted this on a popular forum:
Title: What should I do to marry a rich guy?
I'm going to be honest of what I'm going to say here. I'm 25 this year. I'm very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above. You might say that I'm greedy, but an annual salary of $1M is considered only as middle class in New York. My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married? I wanted to ask: what should I do to marry rich persons like you? Among those I've dated, the richest is $250k annual income, and it seems that this is my upper limit. If someone is going to move into high cost residential area on the west side of New York City, $250k annual income is not enough.

I'm here humbly to ask a few questions:
1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches is only average-looking? I've met a few girls who doesn't have looks and are not interesting, but they are able to marry rich guys
4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)

Ms. Pretty


Awesome reply:


Dear Ms. Pretty,

I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor.

My annual income is more than $500k, which meets your requirement, so I hope everyone believes that I'm not wasting time here. From the standpoint of a business person, it is a bad decision to marry you.

The answer is very simple, so let me explain. Put the details aside, what you're trying to do is an exchange of "beauty" and "money":
Person A provides beauty, and Person B pays for it, fair and square.

However, there's a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can't be prettier year after year. Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It's not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worried 10 years later.

By the terms we use in Wall Street, every trading has a position, dating with you is also a "trading position". If the trade value dropped we will sell it and it is not a good idea to keep it for long term - same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or "leased".

Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income. This has better chance than finding a rich fool.

Hope this reply helps. If you are interested in "leasing" services, do contact me...

signed,
CEO

J.P. Morgan