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 Finance industry and China |
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◁金融断想▷ Let me try to follow up with KungFuWang's comments on financial services.... -- 残荷 - (3865 Byte) 2003-7-15 周二, 23:54 (1685 reads) |
techbull
[博客]
[个人文集]
游客
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作者：游客 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
Can2 he2, your comments are right no the money regarding mortgage
refi, we already have two rate changes from all the lenders we are
working today. Without refi, I can still get by doing two or three
purchase loans per month, which means I probably just need to work
1-2 days a week, but I don't really see a fun future in it.
On another note, I just read a book 'how to become a billionaire' by a
Merrill Lynch director, he concludes based on his study that no one
actually become a billioonaire by being a passive investor/trader. Probably
a few hundred million is the maximum. Traders as venerable as LTCM can
lose their shirt in a short period of time. Successful operators use capital
to take control or exert influence, and that's their edge over retail
investors. People like Kirk Kerkovian, Carl Icahn, etc.
作者：游客 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
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