Sunday, December 20, 2009

Bruce Lee closed-door duel

I just learned that the closed-door fight scene in "Dragon- The Bruce Lee Story" has some relevancy to the "true" story, according to Wikipedia at least. The entry says nothing about him injuring his back and going into rehab from the fight, though.

from: http://en.wikipedia.org/wiki/Wong_Jack_Man

Wong Jack Man

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This is a Chinese name; the family name is Wong (黃).

Wong Jack Man (Chinese:黃澤民, pinyin: Huáng Zémín, born c.1940[1] in Hong Kong[2]) is a Chinese martial artist and martial arts teacher, best known for a martial arts duel with Bruce Lee in Oakland in 1964.

Wong taught classes in Tai Chi Chuan, Xingyiquan and Northern Shaolin at the Fort Mason Center in San Francisco. He retired in 2005 after teaching for 45 years. His classes continued under his student Rick Wing.[3] Wong Jack Man was a student of Grand Master Ma Kin Fung.[citation needed]

[edit] The fight with Bruce Lee

Wong's fight with Lee is controversial[4], as it was unrecorded and held in private.

According to Linda Lee Cadwell, Bruce Lee's wife, Lee's teaching of Chinese martial arts to Caucasians made him unpopular with Chinese martial artists in San Francisco. Wong contested the notion that Lee was fighting for the right to teach Caucasians[5] as not all of his students were Chinese.[6] Wong stated that he requested a public fight with Lee after Lee had issued an open challenge during a demonstration at a Chinatown theater where Lee claimed to be able to defeat any martial artist in San Francisco.[7] Wong stated it was after a mutual acquaintance delivered a note from Lee inviting him to fight that he showed up at Lee's school to challenge him.[8] Martial artist David Chin reportedly wrote the original challenge, while Wong asked Chin to let him sign it.[9][10]

According to author Norman Borine, Wong tried to delay the match and asked for restrictions on techniques such as hitting the face, kicking the groin, and eye jabs, and that the two fought no holds barred after Lee turned down the request.[11]

The details of the fight vary depending on the account. Individuals known to have witnessed the match included Cadwell, James Lee (an associate of Bruce Lee, no relation) and William Chen, a teacher of Tai Chi Chuan. According to Bruce, Linda, and James Lee, the fight lasted 3 minutes with a decisive victory for Bruce.

Lee gave a description, without naming Wong explicitly, in an interview with Black Belt.

"I'd gotten into a fight in San Francisco with a Kung-Fu cat, and after a brief encounter the son-of-a-bitch started to run. I chased him and, like a fool, kept punching him behind his head and back. Soon my fists began to swell from hitting his hard head. Right then I realized Wing Chun was not too practical and began to alter my way of fighting." [2]

Cadwell recounted the scene in her book Bruce Lee: The Man Only I Knew.

"The two came out, bowed formally and then began to fight. Wong adopted a classic stance whereas Bruce, who at the time was still using his Wing Chun style, produced a series of straight punches. "Within a minute, Wong's men were trying to stop the fight as Bruce began to warm to his task. James Lee warned them to let the fight continue. A minute later, with Bruce continuing the attack in earnest, Wong began to backpedal as fast as he could. For an instant, indeed, the scrap threatened to degenerate into a farce as Wong actually turned and ran. But Bruce pounced on him like a springing leopard and brought him to the floor where he began pounding him into a state of demoralization. "Is that enough?" shouted Bruce, "That's enough!" pleaded his adversary. Bruce demanded a second reply to his question to make sure that he understood this was the end of the fight."[12]

This is in contrast to Wong and William Chen's account of the fight as they state the fight lasted an unusually long 20–25 minutes. Allegedly, Wong was unsatisfied with Lee's account of the match and published his own version in the Chinese Pacific Weekly, a Chinese language newspaper in San Francisco.[13] The article, which was featured on the front page, included a detailed description of the fight from Wong's perspective and concluded with an invitation to Bruce Lee for a public match if Lee found his version to be unacceptable. Lee never made a public response to the article. Wong later expressed regret over fighting Lee, attributing it to arrogance, both on the part of Lee and himself.[14]

Tuesday, September 29, 2009

Monday, July 20, 2009

The High Life

- Wealth is the result of a particular state of mind
- You can never have more than what you are satisfied with

Sunday, July 19, 2009

Billion Dollar Man


Actually he's more like a 6-10 billion dollar man. John Paulson knew what most smart people without herd mentality knew: [real estate valuation growth rates are not going to last, it is highly irrationanl, there will be an imminent decline, and when that happens who will be affected first? ding- the buyers who will have the most trouble paying. who? ding- subprime borrowers. Who else? ding- everything else guilty by association]

This was obvious, but neither I nor anyone else I knew had a good idea how to take full advantage of it. Sure, I bundled up some puts on big lenders and got some short financial etfs. But equity markets are public and emotional to start, and these bets don't work so well when laissez faire is hijacked by big strong government bailout hype (for now).

John Paulson found a much more clever avenue. I punch myself for still not knowing more about fixed income trading . Even if I did, I wonder if I would've found a similar strategy because if I had, I would be in an unthinkably different place by now. His plan netted him an estimated $3.5 Billion in 2007 according to Trader monthly, the highest earners issue. Hindsight on good opportunities are 20/15, but the hardest question is always, "but how much would you have risked?" The answer in this case, for this particular strategy, is salivating-ly easy (continued below). What interests me about John Paulson is his seeming humbleness which i think is cool, but maybe it's because he never doubted his outcome. His lowly beginning includes graduating first in his class at NYU and HBS.

I also like his daring (or calculated) decision to switch gears from a good career in M&A to money management. It's a very big shift that takes a lot of personal risk (large $), and he wouldn't be where he is today if he hadn't taken the turn. Not only does he have strong instincts, but he also executes actively and timely.

Cheers to John Paulson. I hope he remains his own maker of future decisions.

His Strategy in a nutshell: 1% risk for 100% return:
Are you tired of talking about subprime mortgages yet? (July 2007)
No, I’m still excited about it. I think we’ve got a winner with this. It’s been a very profitable investment for us, but we think we have only realized 25% of the (potential) that we expect to make in this area. The investment is very much consistent with our overall philosophy that if you watch the downside, the upside will take care of itself.
What attracted us to this particular position is that overall, we feel that we are in a credit bubble. We feel that there is too much risk going long (in) credit instruments since spreads are so tight. So we concluded that the best opportunities were on the short side. The beauty of shorting a bond is that the maximum you can lose is the spread over the benchmark; yet if the bond defaults, you can potentially make more. So it’s an asymmetrical risk-return tradeoff. In the case of subprime securities, we targeted the triple-B bonds, which are the lowest tranches in the subprime securitization. In a typical securitization, you have 18 to 20 different tranches with the lowest … taking the first loss. The triple-B bond has about 5% subordination, meaning that if the loss is greater than 5%, the bond will be impaired. And if it’s more than 6%, the bond will be extinguished. The yield was only 1% over LIBOR (the London interbank offered rate) so by shorting this particular bond, if I was wrong, I could lose 1%, but if I was right, I could make 100%. The downside was very limited but it had very substantial upside, and we like those types of investments.

Full Interview with John Paulson July 9, 2007, before he made most of his killing

Saturday, July 18, 2009

Thursday, July 2, 2009

Nassim Taleb

This video only works in internet explorer












Saturday, June 20, 2009

The Science of Patience

Walter Mischel, NYU and Harvard psychologist, explains some details of his devotion to the study of patience and attention, and how they both correlate with intelligence and success.

http://www.newyorker.com/reporting/2009/05/18/090518fa_fact_lehrer?currentPage=all

Monday, June 15, 2009

Thursday, June 11, 2009

Barry O'Bomber

President Barack Obama in high school


Obama, #23, was referred to as Barry O'bomber. Although he didn't play a lot of minutes, here he is contributing to his team's state championship win:




Gold vs.USD

really? inflation anyone?

Monday, June 8, 2009

Roger Federer Wins French Open

With his first French Open title, Roger Federer strengthened the argument he’s the best tennis player ever.

He completed a career Grand Slam, something only five other men have done. He won his 14th major title to tie Pete Sampras’ record. He played in his 19th Grand Slam final to match Ivan Lendl’s record.

The stylish Swiss caught a break in Paris and made the most of it, winning the title by beating the man who beat Federer’s nemesis, Rafael Nadal. Federer swept surprise finalist Robin Soderling 6-1, 7-6 (1), 6-4 on Sunday.

“I don’t know if we’ll ever know who was the greatest of all time, but I’m definitely happy to be right up there,” said the 27-year-old Federer, who plans to play into his 30s. “I think it should be judged at the very end, you know. How well did I do? Good? Great? Very good? Or medium? I don’t know. It’s for other people to decide.”

“I’m obviously happy for Roger,” Sampras told The Associated Press in a telephone interview from Los Angeles, where he lives. “Now that he has won in Paris, I think it just more solidifies his place in history as the greatest player that played the game, in my opinion.”

Andre Agassi, the most recent man to complete the career Grand Slam when he won at Roland Garros 10 years ago, presented Federer with the trophy. The other men to win all four major titles were Roy Emerson, Rod Laver, Don Budge and Fred Perry.

The championship came after Federer lost to Nadal at the French Open and Wimbledon last year, and at the Australian Open in February. Federer also lost the No. 1 ranking to Nadal last August.

“Sounds like an Achilles’ heel, but at the same time, what (Federer) has done is unmatched,” Agassi said. “We’re watching two guys in the prime of their years compete against each other—and Nadal has an answer for him. But what criteria do you use to judge best ever? Roger’s numbers—it’s hard to disagree with. His domination on different surfaces—hard to disagree with.”

Federer was in top form Sunday, gliding across the court and whacking winners from all angles as he raced to a quick lead. Soderling’s strokes steadied, but Federer played a brilliant tiebreaker, hitting aces on all four serves.

“One of greatest tiebreakers in my career,” Federer said.

He broke again to start the third set and kept that lead the rest of the way, although it wasn’t as easy as he made it look.
Switzerland's Roger Federer poses with his trophy in the players dressing room after defeating Sweden's Robin Soderling in their men's singles final match and winning the French Open tennis tournament at the Roland Garros stadium in Paris, Sunday June 7, 2009.
Switzerland's Roger Federe…
AP - Jun 7, 1:22 pm EDT

“It was very hard mentally for me to stay within the match during the match, because my mind was always wondering, `What if?”’ Federer said. “`What if I win this tournament? What does that mean? What will I possibly say?’

“I was very nervous at the beginning of the third set because I realized how close I was. The last game, obviously you can imagine how difficult that game was. It was almost unplayable for me.”

Still, Federer managed to hold in the final game. When he hit a service winner on championship point, he fell to his knees and was teary by the time he met Soderling at the net.

Debates about the greatest player ever usually include Laver, who swept the Grand Slams in 1962 and 1969. Sampras is another contender, even though he never reached the French Open final.

Soderling’s vote: Federer.

“I never played anyone playing that fast,” said Soderling, who is 0-10 against Federer. “He doesn’t have any weaknesses at all. He really deserves to be called the best player of all time.”

Source: Associated Press

Thursday, June 4, 2009

Obama Cairo Speech

President of Earth Barack Obama speaking his mind in Cairo, Egypt:

Oil price history 101



Full story from last year with active links: BBC NEWS | Business | Oil hits $100 barrel

Tuesday, June 2, 2009

Is Howard The Next Great Endorser?


Now that Lebron has left the stage? Naturally. Waiting to see some new Dwight Howard commercials.

According to polls representing today's general population:
  • 10% know who Dwight Howard is
  • 36% know who Lebron James is
  • 63% know who Michael Jordan is
  • 84% know who Kobe Bryant is
Is Howard The Next Great Endorser? - Sports Biz with Darren Rovell - CNBC.com

Monday, June 1, 2009

Project Natal

Hours ago at the pre-E3 convention in Los Angeles, Microsoft presented it’s upcoming motion sensing system to compete with Wii Fit.

Microsoft's goal is to broaden the potential reach of Xbox360, betting that it can impress many of the millions of people who would never consider themselves gamers but who somehow ended up with a Nintendo Wii in their homes. Self-proclaimed gamers will be just as impressed.



Project Natal will work with XBox360 and eliminate the need for game controllers! It has full body motion control by tracking 3D movement. It also recognizes voices and lets you video-conference with other users. You can scan-in your own gear like a skate board. If the product works as smoothly as this video clip claims, Nintendo is going to have flashbacks of being dethroned and left eating video-game market dust.

Xbox Senior Vice President Don Mattrick said that Project Natal would be compatible with every Xbox 360, but didn't address how much it would cost or whether it would be backward compatible with older Xbox 360 games.

According to Brier Dudley at The Seattle Times, who's post went up soon before the press conference, the price will be around $200. The official price and release date are TBA

Tuesday, May 26, 2009

Arriving in Style



Richard Branson and Virgin Atlantic are having a party on cloud 9 while other airlines accept their hardships and spend time building explanations out of economic symptoms.

The company recently reported annual pre-tax profits of $109M usd, almost doubling last year's number.

How?
  • "results had been helped by a rise in premium fare passengers."

  • "successful hedging of fuel had helped the firm, by buying in advance before fuel prices surged."

  • "Group sales, which include sales from tour operator Virgin Holidays, increased by 8.4% to £2.579bn from £2.38bn in the year before."

  • Style!
Full BBC Article

Monday, May 25, 2009

Doc 420

What is the deal with California and medical marijuana? It is too easy to get a medical marijuana card, a license to purchase marijuana for 'medical use'. Either this is a dangerous path to be walking, or a helpful element of California's massive budget deficit solution (when there is a solution).

Sona Patel, also known as "Doc 420", is more than just your typical Indian doctor. I was given her business card recently:

ABC News: Who is Doc 420?

The Beginning of the End: A Free Market


7 months later, a random sheet of scratch-paper puts progress into perspective:

  • How a radical idea from a philosophy we've been trained to hate is now common practice
  • How a certain political party that designed and engineered this change is the same party that by majority is against the continuation of the same ideas now lead by an opposing party
  • How urgency and fear can be convenient; how it is easy to deflect opposition and approve change quickly under these circumstances
  • How even before the first of its kind of change was a reality, there seems to have already been some mapped out long-term agenda
  • How an incubator for an infectious disease can simultaneously act as a counselor for the internationally infected
  • How the domestically infected were chronilogically "saved", indebted, weakened, and/or gone

Saturday, May 9, 2009

Barack Ospock Obama



Great article by NY Times' Maureen Dowd. I hope newspapers survive... a new business model?

There is value somewhere in the fact that newspapers are tangible, and businesses can take advantage of it somehow. Maybe upgrade the concept of giving free shampoo samples that sometimes come with the Sunday paper. If I got something new everyday, it would add a little suspense and excitement to getting my paper and might encourage more home delivery subscriptions. Vendors might pay publishers more for this distribution service if there's some branding value and ROI. Maybe it's a long shot but they should put up a fight soon before subscriptions dwindle.

In the end it's about what the people like. As much as people love the ability to watch tv or hulu.com at home, I think most people today still enjoy the experience of going to the movies and likewise, people like Eric Schmidt and I still enjoy navigating through a physical paper.

online-article is to newspaper as automatic is to stick-shift.

Wednesday, May 6, 2009

Mayweather Jr. vs. Hatton

on December 8, 2007

The build-up:


The result:

Tiger Woods

and his perfect swing. Saving it here to watch 1000 times again some other time

Sunday, May 3, 2009

Freddy Roach

trained Manny Pacquiao, you know, the guy who turned Oscar De La Hoya's face into a strawberry and forced him to give up. The guy who gave Ricky Hatton his naptime in less than 2 rounds. Here, Freddy talks about strategy and makes it sound so simple.

Roach shows interest in a Pacquiao vs. Mayweather jr. fight which at the time of this video must have been soon after Mayweather retired from the sport. Freddy Roach predicted his quick return to boxing, just announced on May 2nd before the Pacquiao Hatton bout. He was also right about Hatton getting knocked out in less than 3 rounds

Thursday, April 30, 2009

Swine Flu

Barack Obama is not worried about catching swine flu while playing a game of PIG.


Sunday, April 12, 2009

Aerobics, Dance, Boxing, Pilates, Yoga

are all forms of martial arts, just ask Billy Blanks or Dhalsim.

Here is Prince Naseem's version:


Who?
Hamed "Prince" Naseem was a British boxer, born in 1974 after his parents migrated from Yemen. He evolved five years of classical ballet training into a vigorous style that combines nimbleness and power. He won the featherweight (126lbs) championship at the age of 21 and is also a former bantamweight(between 112 and 118 lbs) champion. His record was 35-0 and his confidence peaking before the tarnishing done by Marco Antonio Barrera in MGM Grand on April 7th, 2001. It was his last notable fight, his last dance, and possibly his last workout. He was arrested in 2006 for dangerous driving and reportedly weighed over 180 lbs.

He is considered by some boxing critics as the greatest British boxer of all time. Ring Magazine titled him as the 11th "Greatest British Boxer of All Time" and the 46th "Greatest Puncher of All Time"

Professional Record:
* Fights: 37
* Wins: 36 (97.3%)
* Wins by Knockout: 31 (86%)
* Losses: 1
* Drawn: 0

Tuesday, April 7, 2009

Segway

was created by Dean Kamen, billionaire inventor and founder of First. First is a non-profit organization that promotes science and technology in high schools by hosting annual robotics education and competitions. In 2000, he dropped by the San Jose competition in his helicopter to say hello. Another inspirational college drop-out.

The latest project with GM

Costco

is the greatest store ever. How did they do it? CEO Jim Sinegal makes it seem so obvious.

snippets

"Costco cares more about its customers and employees than its shareholders; it pays workers an average of $17 an hour and covers 90% of health-insurance costs for both full-timers and part-timers."

"[Walmart has] made significant improvements to their Sam's operation. We watch them like a hawk. Hardly a week goes by that I'm not in a Sam's...I think I purchased one of their men's dress shirts one time, because I wanted to test it in comparison to ours."

"Our healthiest business from a standpoint of sales growth has been in Asia; we're in South Korea and Taiwan and Japan. At the moment, our weakest, I would say, is in parts of California, Arizona, and around Las Vegas. Those are the places where we think more people have been hurt relative to this mortgage issue."

"they're not even taking into account the war or what's going to happen further down the line with Medicare and Social Security. How are we going to cover those costs? There's got to be some tough decisions made."

"You know, there certainly are days when I'll visit 12. I will be traveling to our warehouses every single week between now and Christmas."

Saturday, April 4, 2009

marijuana

Ron Paul is taken seriously, enough to have a policy debate with an actor

Pinky

needs a tan

Friday, April 3, 2009

The Game

is not a gangster after all

Monday, March 30, 2009

Kindle 2

should be outplayed by google or apple soon.



$359

Kindle 2 removed the SD memory card slot which was part of the original Kindle. This limits the number of e-books which can be stored on the device, and eliminates sharing of memory card content. Thumb Down.

Kindle 2 does not allow open development. There will be no "new Kindle apps", although there is a kindle app available on the iphone, only. Thumb Down.

Kindle 2 does not allow WiFi functionality. It uses only Sprint Whispernet service, which drives up the price of the device and limits usage to within the US.

Three Thumbs Down.

Thursday, March 26, 2009

recession billionaires

Alpha Magazine's 2008 Top Moneymakers

1 - James Simons, Renaissance Technologies Corp, $2.5 billion
2 - John Paulson, Paulson & Co, $2 billion
3 - John Arnold, Centaurus Energy, $1.5 billion
4 - George Soros, Soros Fund Management, $1.1 billion
5 - Raymond Dalio, Bridgewater Associates, $780 million
6 - Bruce Kovner, Caxton Associates, $640 million
7 - David Shaw, D.E. Shaw & Co, $275 million
8 - Stanley Druckenmiller, Duquesne Capital Management, $260 million
9 - (tie) David Harding, Winton Capital Management, $250 million
9 - (tie) Alan Howard, Brevan Howard Asset Management, $250 million
9 - (tie) John Taylor Jr, FX Concepts, $250 million

source: dailymail.co.uk

Wednesday, March 25, 2009

Thailand

is a fan of this group



Youtube should add auto repeat

Monday, March 23, 2009

ObamaMan

to the rescue!



for now at least

I love poker

It's pretty lucky to get kings at 2 tables simultaneously.



Sunday, March 22, 2009

Carolina Marconi

Thanks Kanye



still clean

Who?
Rod Laver was the #1 tennis player in the world for 7 consecutive years from 1964-1970. He is the only player who has won all four Grand Slam singles titles in the same year twice. Rod Laver has been rated by some as the greatest male tennis player of all time.

Lehman's back!

Looks like Lehman Brothers is staging a comeback, but they still have some issues with asset valuation. They negotiated the return of thousands of Lehman marketing toys not excluding stress-balls and paperweights. When the company went to the ground, this junk was mistakenly also transferred to Barclays. Lehman is paying Barclays $34k for storage and plans to sell the stuff to repay its creditors, except Lehman still owes over $200BILLION in unsecured debt. Their ex-brokers must be ready to get back to work and make a killing on this stuff! Beware of junk bubble!

lost and found:
1,630 green canvas duffle bags with Lehman ribbon
353 green compact golf umbrellas
75 Waterford Marquis Treviso crystal clocks
682 white Lehman coffee mugs
130 Swiss Army pens
1 English beechwood-lined sterling silver box from 1902
200 Lehman conference pens
12 pairs of Links of London cufflinks
24 Screwpull wine openers inscribed “LB"
24 Titleist PRO VI golf balls inscribed “LB”
30 girl Teddy Bears
18 large, ivory womens’ F&G stretch snap shirts
1 Tiffany shooting star.

source: bloomberg

Saturday, March 21, 2009

devin harris vs. englishman

devin harris loves youtube

UCLA

may have gotten knocked out of the NCAA tourney today, but bruins know how to make light of unpleasant situations.

Mannie Fresh

is talented. Watch him make this beat:

Friday, March 20, 2009

IS IT TIME?

Obama feels retarded

(again). He hit a sensitive nerve in the Kennedy camp that fought hard for his election. Maria Shriver's brother, Tim, is the chairman of the Special Olympics founded by their mother, Eunice Kennedy-Shriver.

A mentally retarded black man who bowls a 300 called out Obama, who's "special olympics" performance stopped short at 129.

Women drivers

terrible..

The wizard pass

pistol pete teaches a little trick

obama vs. mccain danceoff

haha i just found this again

the tupac reality show

Big dog

this is so cool!

Cash is King

You heard it from The Economist, and now you hear it from Birdman, ALL YOU NEED IS CASH! Check this out, there is money stuck in a hole in the wall! HAHA!

Nicole Scherzingerpal

India has been in the limelight lately thanks to the massive success of Slumdog Millionaire. An assortment of Indian pop-culture, the movie was a gift of eastern romance, tragedy, and comedy. But what people seem to recall most vividly is the unexpected dance at the end. As if the emotional roller coaster of a screenplay wasn't merit enough, they had to hit us with a BAM of Indian song and dance. Jai Ho was an immediate hit, and the song won AR Rahman an Oscar for best original song. His other academy award of the 8 total for the movie was for best original movie score.

Now that Indian entertainment has crashed the party in Hollywood, I wonder if it will outlast some fifteen weeks of fame. Of course one movie can't carry all the weight of India's current credence; this was the seed in US soil that needs to grow. But without continuing to move in the right direction there will never be a foundation for sustained western viewership.

Nicole Scherzinger is hot, but I'm not sure if a pussycat dolls remix of Jai Ho is really a stride in the right direction. But hey, she looks hot in indian too.