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What I learned as a Consultant at PwC Korea Part 4

Blogs > MightyAtom
Post a Reply
MightyAtom
Profile Blog Joined June 2004
Korea (South)1897 Posts
Last Edited: 2010-12-11 16:37:28
August 27 2010 16:52 GMT
#1


***
Administrator-I am the universe- Morihei Ueshiba
BroOd
Profile Blog Joined April 2003
Austin10833 Posts
August 27 2010 16:55 GMT
#2
You really are a machine.
ModeratorSIRL and JLIG.
hifriend
Profile Blog Joined June 2009
China7935 Posts
August 27 2010 17:25 GMT
#3
Lol I just love this stuff.
zatic
Profile Blog Joined September 2007
Zurich15366 Posts
August 27 2010 17:26 GMT
#4
Haha your writing style gets ever closer to Rek's the more your write about the path of the night. Wonder if there is a connection.

ModeratorI know Teamliquid is known as a massive building
YoonHo
Profile Blog Joined October 2008
Canada1043 Posts
August 27 2010 17:31 GMT
#5
On August 28 2010 01:55 BroOd wrote:
You really are a machine.


Seconded
IUFam Golf Wang~ NrGsteve
MightyAtom
Profile Blog Joined June 2004
Korea (South)1897 Posts
August 27 2010 17:32 GMT
#6
Guys, thanks, Brood& HiFriend, seriously, much thanks.

Zatic, omg, you are so right about the writing about the night stuff, but Rek, he rules all drinking enviorments, Of course you know we lived together for while, but when we go out socially Rek, Smuft and Giyom own hardcore.

But, I just drink for professional reasons and I always drink the same way as above. ^^ When its a social thing, I just drink beer and keep drinking and hugging people all night long. You can confirm that with the last TL Seoul meet up people. keke
Administrator-I am the universe- Morihei Ueshiba
MightyAtom
Profile Blog Joined June 2004
Korea (South)1897 Posts
August 27 2010 17:32 GMT
#7
YoonHo ^^
Administrator-I am the universe- Morihei Ueshiba
Sigh
Profile Blog Joined June 2009
Canada2433 Posts
August 27 2010 18:33 GMT
#8
Wow. Awesome write-up, looking forward to the next two parts :D
On August 28 2010 01:55 BroOd wrote:
You really are a machine.

NaDa/Flash/Thorzain Fan
BroOd
Profile Blog Joined April 2003
Austin10833 Posts
August 27 2010 18:45 GMT
#9
No, thank you for writing all these great blogs. Do you think your skill at this is based more on your natural personality, disposition and instincts, or is it more of an evolution based on all the things you've absorbed from your various jobs and experiences?
ModeratorSIRL and JLIG.
roofs
Profile Joined August 2010
Canada112 Posts
August 27 2010 19:15 GMT
#10
burning alot of time reading these blogs at work

they're really, really cool.
no it's yours
Entropic
Profile Blog Joined May 2009
Canada2837 Posts
August 27 2010 19:17 GMT
#11
So um when are we getting vids of you wrecking shit up on the mic?
polgas
Profile Blog Joined April 2010
Canada1792 Posts
August 27 2010 19:43 GMT
#12
"kaka. yes, son, I love your mommy, Mommy is #1 and there is no #2 and if there is they are in a different country. keke JUST KIDDING SON, sorry bad joke! *kiss*." LOL. Good read!
Leee Jaee Doong
MightyAtom
Profile Blog Joined June 2004
Korea (South)1897 Posts
August 27 2010 20:12 GMT
#13
On August 28 2010 03:45 BroOd wrote:
No, thank you for writing all these great blogs. Do you think your skill at this is based more on your natural personality, disposition and instincts, or is it more of an evolution based on all the things you've absorbed from your various jobs and experiences?


^^ I think because I was/am a competitor by nature, business fit well with me. Also business is very unique as it is one of the only disciplines where theory can be easily applied in a 1-3 year time frame, so theories that do not perform can get easily knocked out. And so, I do think that naturally I have that inclination of being theory focused, but also being very practical focused.
But 100%, it is an evolution more than anything. Business needs that very distinct know how, its what is business actually, just process and process is always know how.

But the real know how isn't in the books or school, it is actually in the professional business orgnaizations or wealthy families.

For instance: the average family making 50k a year will have a bitch of a time to find access or to use 1M usd for an investment.

But an institutional investor has so much freaking capital that they have no idea how to invest it and they will lose tens of millions of dollars on 'investment' in one set of stocks and make tens of millions in another portfolio and end up some gains at the end of the year. But in actually, those instituaiton investors may break even, but they have in fact made millions and lost millions in a single year.

Now what critical skill is there to make and lose millions of dollars and still come out a bit ahead of the market each year? Nothing specific at all!. So the knowhow plays a huge aspect and once you simply get access to the initial part of the knowhow, because all of it is derived from a very critical insight, once you are positioned in that insight, you can then derive everything else in short order.

And it's that know how that creates a sudden jump, so the faimly that makes 50k a year gets a portion of that insight, then suddenly just one person and start to earn 200k a year in a salary investment job.

So, just recognizing that you need to identify tha base knowhow (which is actually extremely guarded very closely by each family or major company), you outlooking in development is very much evolutionary.

^^ cheers!
Administrator-I am the universe- Morihei Ueshiba
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