Roubini interview

[PerryChase]

People are going to hate me for turning this thread to politics.. but I can’t resist taking a jap at Dubya because he appears so dumb.

He’s our president now so there’s not much that can be done. I’m however confident that history will serve him right. BTW, I used to be a Republican and I voted for Bush Sr his first run. The GOP has completely lost it.

[lindismith]

The GOP has completely lost it, is right. I’m in business, so I have right-leanings, but when it comes to social issues, they don’t speak for me at all. Then again, nor do the Democrats. I really thought we would have had a 3rd party emerge by now…. amazing, but there’s been nothing. It must not be bad enough yet.

Regarding Roubini – thanks for turning me on to him PS. He’s really great! He’s someone I can actually understand.

[Anonymous]

YBC, with all of those 'Bush connections,' you think he'd hire someone who could score not a modest 1220, but a 1590, like Bernanke got!  The old SAT was a math and verbal test, much like the GMAT.  It was highly correlated with IQ.  The new SAT (A stands for achievement, not aptitude) is a knowledge-based test that you can study for.

That a school accepts legacies at a higher rate isn't prima facie evidence of affirmative action for alums. Children of Ivy League parents may have, on average, higher IQ, better work ethic, etc. than non-Ivy League parents.  You can learn alot about life if you have smart parents.

Guess who earns more 20 years out of school, a kid accepted to Harvard who went to San Diego State, or his high school classmate who did go to Harvard?  There is no difference in earning power years out: if you're smart enough to get into Harvard, you're smart enough to do well in life.  The secret to doing well is to be smart; the secret to doing well is NOT that you must go to Harvard.

http://www.nber.org/digest/dec99/w7322.html

[powayseller]

jg, I read that study too. College and Beyond. They followed several thousand Ivy league accepted professionals, and found that the half of the group that turned down the Ivy offer and went to a non-Ivy school, earned $92K/year, vs. the $90K/year earned by the Ivy people. I will post more in the off-topic thread.

BTW, I think he’s hot. Roubini. Oh, I forgot I’m married….

[Anonymous]

Ha, ha, PS!

[PerryChase]

Roubini, hot?!

Ok, I read Roubini’s CV. He was born in Turkey but does not speak Turkish. His name is clearly not Italian. He does not speak Arabic so he can’t be Arab. He speaks Farsi and Hebrew so my best guess is that he’s Iranian-Jewish. Or he may not be Jewish at all but learned Hebrew at university in Jerusalem.

[ybc]

JG said,”you think he’d hire someone who could score not a modest 1220, but a 1590, like Bernanke got!” – maybe that’ll be too obvious? OK, it really doesn’t matter. The real problem is, if GWB has some intelligence, it’s not the right type for being a president.

“That a school accepts legacies at a higher rate isn’t prima facie evidence of affirmative action for alums.” — statistically speaking, yes.

“Children of Ivy League parents may have, on average, higher IQ, better work ethic, etc. than non-Ivy League parents.” — that’s too much for me, especially the “better work ethic” part. I have done quite some interviews of both college grads and MBAs, and I’d say that my bias against those with private school + Ivy league kids is that a lot of them are too pompous and already have big egos. Their sense of entitlement is too strong.

[Author]

Posts