Wednesday, March 28, 2018

Paul Tudor Jones
Age 63    Net Worth $4.5 Billion
Born  Memphis, Tennessee, US  Citizen  US
Selfmade in Hedge Fund,  Founded Tudor Investment Corp in 1980


Education  Bachelor Economics University of Virginia 1976

Here is a picture of John Tudor Jones 



Here is my youtube link to John Tudor Jones 
https://www.youtube.com/edit?o=U&video_id=yQVLDeTIk80

His most famous saying
"Intellectual Capital always Trump Financial Capital" 




Jones founded Robin Hood Foundation in 1988 in New York City,
when he was 32



(see the outsized brain) 

The purpose of Robin Hood Foundation is to eradicate poverty in New York City

Jones promises each youngster from poor families he would pay for their college tuition if they achieve certain grade and performance in high school. 

John Tudor Jones is also one of most successful trader in Wall Street, here are his most famous trading rules 



Tuesday, March 20, 2018

Steven Cohen 
Age 61    Net Worth $14 Billion (3/20/18 Forbes)
Born  Great Neck, New York Long Island    Citizen  US
Selfmade in Hedge Fund    , founded S.A.C. Capital in 1992 

Education:  BS  Wharton School 
                   University of Pennsylvania 1978

Here is picture of Steven Cohen 



 







Here is my Youtube Link to Steven Cohen 
https://www.youtube.com/watch?v=JW-50HPqiRU
He was King of Wall Street from 1992 to 2012, average almost 60% return a year for his hedge fund S.A.C. Capital




 





He is also famous for his firm S.A.C. involvement with insider trading
One of his former trader Matthew Martoma , was imprisoned for profiting almost $1 Billion from insider information. 



 









Matthew Martoma was sentenced to 9 years imprisonment

S.A.C. Capital was fined $1.8 Billion , the largest fine in Wall Street History 

Also, S.A.C. Capital was shut down by the SEC (Security and Exchange Commission) 
From 2014 to 2017, Steven Cohen was only allowed to trade his own money.  He set up a new firm called Point72




Thursday, March 15, 2018

Israel Selfmade Billionaires

Free eBook 








Here is the youtube link if you want to watch the episode
ttps://www.youtube.com/watch?v=oU_v1KLl1vo&t=71s
2 steps to get your free eBook
step 1, write email to drpaulchan@gmail.com
step 2, write "israel"

and I will send you a pdf version of the eBook FREE

Here is map of where Israel is 


Here are the top 3 richest selfmade billionaires in Israel 
#1  Patrick Drahi   $7.4 Billion
Age 54   Net Worth 
Born Morocco   Citizen Israel and France
Selfmade in Telecom 


#2  Stefan Wertheimer 
Age  91  Net Worth $5.8 Billions
Born Germany  Citizen Israel 
Selfmade in Machine Tools


#3 Arnon Milchan
Age 73   Net Worth $3.5 Billions
Born Israel   Citizen Israel 
Selfmade in Movies
Produced more than 100 movies in Hollywood 
including  Pretty Woman 


 Here are my 5 Paradoxes of Israel 
#1  More than 60% of selfmade billionaires in Israel have high school or less education 

I cannot explain why..  I found the same in Hong Kong, most of the richest have very average to below average education 

#2  50% of selfmade billionaires are immigrants. 
Whereas 25% of Israeli population are immigrants 

So, despite what the politicians say, immigrants twice as likely to succeed big than native born

#3 Israel surrounded by enemies 

#4  Israel has limited natural resources 

#5  There are 3 year compulsory military service in Israel 

So, it must be extremely difficult to make a huge fortune in Israel 

In spite of that, Israel has the second highest density of selfmade billionaires in the world

For every million population, there are more than 2 selfmade billionaires
Hong Kong has the highest proportion of selfmade billionaires, about 5 per million population

United States ranks third, with about 1.1 selfmade billionaire per million population