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$2.1 million

29 06 2008

On saterday an auction to have lunch with the legendary investor Warrent Buffet ended when the winner paid 2.11 million US dollars! the winner is a chinese Fund Manager with an EBay username Greenteabag.

The auction proceeds will go to the Glide Foundation.

I wonder who is going to pay for the lunch ??




3G iPhone!

9 06 2008

Apple has finally announced the long rumored 3G iPhone! now whats special about it…?

  1. Obviously the 3G support.. with a better than expected battery life
  2. Thinner! sexy
  3. Black back.. VERY sexy
  4. Affordable.. $199 for the 8GB and $299 for the 16GB versions of the iPhone
  5. Third-party applications stuff.. not my field :P
  6. Faster
  7. Will be available in 70 countries by year end.. with a launch of 22 countries on the 11th of july

Another things Steve talked about in WWDC are:

  1. Me.com
  2. iPhone 2.0 features

for more details about the WWDC and Apple new software, and hardware.. go to www.macrumors.com and www.apple.com




Billgate’s money can vanish..

9 06 2008
  • Bill Gates earns US$250 every SECOND, that’s about US$20 Million a DAY and US$7.8 Billion a YEAR!
  • If he drops a thousand dollar, he won’t even bother to pick it up bcoz the 4 seconds he picks it, he would’ve already earned it back.
  • The US national debt is about 5.62 trillion, ifBill Gates were to pay the debt by himself; he will finish it in less then 10 years.
  • He can donate US$15 to everyone on earth but still be left with US$5 Million for his pocket money.
  • Michael Jordan is the highest paid athlete in US.If he doesn’t drink and eat, and keeps up his annual income i.e. US$30 Million, he’ll have to wait for 277 years to become as rich as Bill Gates is now.
  • If Bill Gates was a country, he would be the 37th richest country on earth.
  • If you change all of Bill Gate’s money to US$1 notes, you can make a road from earth to moon, 14 times back and forth. But you have to make that road non-stop for 1,400 years, and use a total of 713 BOEING 747 planes to transport all the money.
  • Bill Gates is 40 this year. If we assume that he will live for another 35 years, he has to spend US$6.78 Million per day to finish all his money before he can go to heaven.
  • Last but not the least: If Microsoft Windows’ users can claim US$1 for every time their computers hang because of Microsoft Windows, Bill Gates will be bankrupt in 3 years!!!!!!



100 Best technology related products

2 06 2008
This list doesn’t surprise me.. but I’m really happy to see Apple holding 12% of it!
The 100 Best Products, in Ranked Order:

Read the rest of this entry »




Legal Documents

26 05 2008

Where do I start? have you had the pleasure of reading a legal document? those things suck!! it’s like teaching a kid not to do something.. and make sure u tell him that himself, his friends, his cousins, his second cousins, and his nanny shouldn’t do it!

they repeat things over and over again!! I wonder why the legal system didnt stay the way Hamurrabi made it.. things were simple back then! you kill, you get killed.. and so on!

and please don’t tell me because it’s important.. i know that and i’m more than sure it’s important, it’s just pain in the ass to read and be able to stay focused when you are reading!

to understand what i’m talking about.. read this sample shareholder’s agreement

ENJOY !!




Project officer!

14 05 2008

Finally, the wait is over!

As of yesterday, I’m an employee! i’m so excited to a point I went to work today when i’m not supposed to .. and I’m very excited to go tomorrow! sij lai galaw, “esh’hawat el-galb 3oona”.

I’m currently working in a Direct investment/Private equity position, or as my title state.. Project Officer.. It feels good to be useful again.. it has been awhile

If I post alot it means i’m bored at work.. so lets hope I post, but not as much ;)




2 Billion $$ Home!

2 05 2008

Ambani family, an Indian family that own a petrochemical company with a net worth of about $43 billion has been building their new house. the house should be a 27 stories home over looking the Arabian sea in Mumbai. the house has over 400,000 sq. feet of interior design! it’s ridiculous to think of building a house that costs this much regardless of how much money you have!

for more information about the house read the article in Forbes magazine by clicking Here




To all interior designers out there…

28 04 2008

To whom this may concern,
obviously interior designers. I am currently looking for some interior designers to handle some work for a company .. outsourcing kind of deal. if any one is interested please contact me on weld@ma6aba.com with your information so I can forward it to the company. this may end up being a good opportunity to strike a project or two a year.




Which part of finance interests you?

15 04 2008

If you were to work in the financial sector. What would your top 3 choices be?

  • Investment banking (43%, 13 Votes)
  • Trading (equity, derivatives, commodities, forex, or fixed income) (33%, 10 Votes)
  • Portfolio management (27%, 8 Votes)
  • Corporate banking (27%, 8 Votes)
  • Private Equity (27%, 8 Votes)
  • Real Estate (23%, 7 Votes)
  • Hedge funds (20%, 6 Votes)
  • Retail Banking (13%, 4 Votes)
  • Other.. List please (10%, 3 Votes)
  • Research (7%, 2 Votes)
  • Treasury (3%, 1 Votes)
  • Customer Service (3%, 1 Votes)

Total Voters: 30

Vote

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Job hunting..

29 03 2008

I never imagined how hard it is to find a job in this country, and trust me .. qualification, enthusiasm, interest, and hard-work doesn’t really make a difference. For the past 3 months I have been doing an internship for XYZ company in Kuwait doing the one thing I love to do and I’m not going to disclose that because once I say it it will be obvious which company I was interning at. for the 3 months that I attended they haven’t seen anything but hardwork, interest, and giving from me. which I have to say it was greatly appreciated by the people working with me and my supervisors.

But this wasn’t the problem, and me working there for an extention of 2 extra months unpaid wasn’t the problem either. The problem is the upper management which from some reason decided to keep my application on hold for no given reason even though the department requires more resources.

So now I realize i’m hanging out at home unemployed looking for a job. and that is one hell of a job by it self.. I sent my resumes out for alot of companies, in and out of kuwait, with no clear response yet. So now I started the modern way to see if that helps, I started applying through recruitment websites which I found useful honestly but non effective yet. here is what I have been using lately:

  1. Gulf Connexions
  2. Monster Gulf
  3. E-Financial Career
  4. Albourne

If anyone have more suggestions of what I should do please go ahead and share it. I’m very interesting in Hedgefunds.

Posted By,
Weld El-ma6aba