03/11/2009

Posted by Sanath Kumar

Domain Tip:

Hedge Funds :
A fund, usually used by wealthy individuals and institutions, which is allowed to use aggressive strategies that are unavailable to mutual funds, including selling short, leverage, program trading, swaps, arbitrage, and derivatives. Hedge funds are exempt from many of the rules and regulations governing other mutual funds, which allows them to accomplish aggressive investing goals. They are restricted by law to no more than 100 investors per fund, and as a result most hedge funds set extremely high minimum investment amounts, ranging anywhere from $250,000 to over $1 million. As with traditional mutual funds, investors in hedge funds pay a management fee; however, hedge funds also collect a percentage of the profits (usually 20%).

Technical Tip:
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Interesting Fact:
Human Brain is too Efficient:

Aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it deosn’t mttaer in waht oredr the ltteers in a wrod are witren, the olny iprmoatnt tihng is taht the frist and lsat ltteer be in the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit a porbelm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe.

Face Book Facts:
Facebook was originally named TheFaceBook and it was developed by Harvard student Mark Zuckerberg. The first use of the FaceBook was on the Harvard campus and it was limited only to Harvard students. Soon the FaceBook spread like wild fire around the other major U.S. Universities. Mark Zuckerberg dropped the Harvard and pursued his facebook dream to become one of the 4th most-trafficked websites in the world with more than 90 million active users. The FaceBook website is built on PHP-MySQL technology and it is probably the most popular PHP website ever built. Interesting fact is that the facebook.com domain was purchased for $200,000 and FaceBook has more than 24 million photos uploaded daily.

Quote of the day:
If you focus on results, you will never change. If you focus on change, you will get results. -Jack Dixon
The significance of a man is not in what he attains but in what he longs to attain. -Kahlil Gibran