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For Masters of the Universe, the sky is the limit when it comes to riches and fame. We honor them because they embody the spirit of Darwinism – (i) looking after themselves at the sacrifice of others and (ii) a dog-eat-dog mentality to make money by whatever means.
Through the efficient allocation of human capital, the best and the brightest are attracted into developing (i) derivatives of derivatives of derivates of derivatives of derivatives – for example Collateralized Debt Obligations cube, or (ii) complex trading models to arbitrage on minuscule price differentials. Disciplines with real scientific but no financial value, such as quantum physics, mathematics, aerospace are left for the faint-hearted. Who would want to spend their life toiling away in the name of scientific research to benefit mankind when the alternative is to strike it rich by pressing a few buttons on a Bloomberg terminal? In the past 50 years, there has been a strong negative correlation between market performance and Space development, with many top rocket scientists being lured into investment banking during the roaring go-go era. These geniuses would develop highly sophisticated vehicles such as Jupiter V, not to go into space, but to hold Collateralized Debt Obligations. In the past 30 years, The Dow has gone up more than 1300% but astronauts are still driving the same Volvo 240 into Space. Find out more on Master of the Universe |
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