Wednesday, August 18, 2010

OSK Investment Challenge

This Wednesday, the OSK Investment Challenge kicked off. For those that don't know what OSKIC is, its a competition where participants from universities around Malaysia compete for the top portfolio in the stock market based on Bursa with virtual money. Let me tell ya one thing. I am shit in this. I started out with $100000 capital and have lost nearly $4000.

The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own. We make the rules, pal. The news, war, peace, famine, upheaval, the price per paper clip. We pick that rabbit out of the hat while everybody sits out there wondering how the hell we did it. Now you're not naive enough to think we're living in a democracy, are you buddy? It's the free market. And you're a part of it. You've got that killer instinct. Stick around pal, I've still got a lot to teach you.

And that my friends is a quote by Gordon Gekko, played by Michael Douglas in the movie Wall Street for which he won an Oscar for Best Actor. I am that 90%. I am part of the general public. Royally fucked in the ass by the rich.

You see that building? I bought that building ten years ago. My first real estate deal. Sold it two years later, made an $800,000 profit. It was better than sex. At the time I thought that was all the money in the world. Now it's a day's pay.

I want to be Gordon Gekko. I want to make his kind of money and not get caught. I want to be the one fucking people over. Not the one's getting fucked in the first place. Can I be that guy? To have no conscience, no guilt and with only profits and money on my mind.

It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.

I've only made a profit on 4 stocks so far, and the rest have gone into the red. And the profits weren't really extraordinary. The losses were. And that sucked balls. As of now, I just want to get the certificate for 75% game time. Getting into the top ten zone is way beyond reach with those wankers racking in 20000 increases in value. I'm no Gordon Gekko, just a regular man making average time.

I am not a destroyer of companies. I am a liberator of them! The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA. Thank you very much.

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