What's Your IQ??

purealpha -> Nice job you have. Do you have a science background?

I’m not a techy, but there are plenty of tech/finance or tech/legal personalities.

Ocean Mist Wrote: ------------------------------------------------------- > purealpha -> Nice job you have. Yeah, if you like working for a patent troll…jk, really.

Those of you who are Mensa members, do you list your affiliation on your resume? I would think most here would qualify, but it seems like it could be regarded as a bit pretentious.

MENSA UoP CFA L1 Gmat 620

I passed the internal Mensa examination when I was 19, and I used to put it on my precarious resume because it was completely academy-oriented (mainly applying to as many scholarships as possible, etc.) After getting my first real job I never put it again though. Besides, Mensa is not as exclusive as other IQ societies. I think there’s a significant difference between Mensa-smart and accident-of-nature smart. I’ve known two of the latter in my life. Those people are amazing indeed.

brain_wash_your_face Wrote: ------------------------------------------------------- > Ocean Mist Wrote: > -------------------------------------------------- > ----- > > purealpha -> Nice job you have. > > Yeah, if you like working for a patent troll…jk, > really. It’s off topic, just want to share my job experience at a patent troll. Working in patent troll is definitely not fun. My first job was in patent infringement work at one of many many small firms run by Intellectual Ventures. It sucked so much that I quit after 2 months, the whole work is to target a company (My team’s target was one of largest computer networking firm), search in IV’s patents (more then 20000), and map all the relevant patents to target’s products. Rarely there is any infringement case, but our job was to make a case strong enough to drag the target in court, scanning each and every line of product documentation of target and what they’ve written on website and white papers. Finally, my team and other teams on same project at other firms like mine, gave IV a list of few hundred patents, which IV’s lawyers refined a bit more more sued the firm. Really, there wasn’t a single patent which was infringement, neither there were supposed to be any, whole point of this exercise is to give muscles to IV’s lawyers, so they can extort money from target. Not just licensing fees, IV pressures it’s targets to invest in it’s fund so that it can buy more patents, and he’s giving good returns actually! It’s outright fraud, but it’s not illegal, and IV is basically benefiting from screwed up patent litigation process. So much I wish that someone should shut down IV before it becomes too big to fail, it’s operating like mafia, literally. If indeed it becomes too big, it’s going to hurt start ups in a big big way.

I always wondered if there was a legitimate business model buried deep down in IV or whether it was just a genius’ veiled attempt to be an a-hole on a regular basis and exploit other people’s hard work. Thanks for clearing that up, Bernanke.

You ain’t ballin unless you’re in the Mega Society http://en.wikipedia.org/wiki/Mega_Society Requires an IQ that places in the top 99.9999%

How long before we see the “Should I put my IQ score on my CV/business card/email sig” threads?

former trader Wrote: ------------------------------------------------------- > How long before we see the “Should I put my IQ > score on my CV/business card/email sig” threads? We’ve already established the correct answer which is ‘no’. You should, however, include which High IQ society you belong to so people can make their own inferences.

alphabound Wrote: ------------------------------------------------------- > former trader Wrote: > -------------------------------------------------- > ----- > > How long before we see the “Should I put my IQ > > score on my CV/business card/email sig” > threads? > > We’ve already established the correct answer which > is ‘no’. You should, however, include which High > IQ society you belong to so people can make their > own inferences. actually, these items belong in the much questioned ‘summary’ section ie. ‘Summary: IQ - 135, GMAT - 720, Bench - 225, Squat - 315, Mile - 5:30, Sex - yes’

Bernanke I think you missed something in your very short low level employment with some contract company doing claim charts for one of the funds (not IV I think). IV has never sued anyone. There are three funds, only one buys ideas which are already patents, the other two create things which do not yet exist. The purpose is to get capital flowing on pure play invention. Currently the asset class is totally illiquid and there is no real financing for inventors. Whenever you do something that has not been done people aren’t going to get it.

mar350 Wrote: ------------------------------------------------------- > Mile - 5:30, Sex - yes’ haha

alphabound Wrote: ------------------------------------------------------- > former trader Wrote: > -------------------------------------------------- > ----- > > How long before we see the “Should I put my IQ > > score on my CV/business card/email sig” > threads? > > We’ve already established the correct answer which > is ‘no’. You should, however, include which High > IQ society you belong to so people can make their > own inferences. Agreed. I belong to mega-society, what about you?

purealpha Wrote: ------------------------------------------------------- > Bernanke I think you missed something in your very > short low level employment with some contract > company doing claim charts for one of the funds > (not IV I think). > > IV has never sued anyone. > > There are three funds, only one buys ideas which > are already patents, the other two create things > which do not yet exist. > > The purpose is to get capital flowing on pure play > invention. Currently the asset class is totally > illiquid and there is no real financing for > inventors. Whenever you do something that has not > been done people aren’t going to get it. Yeah, let’s make innovation an asset class, people’s careers an asset class, their motivation an asset class, each and everything should be made an asset class. Of course they don’t sue anyone, neither they intend to sue anyone, the whole point is to negotiate a “licensing deal” by threatening someone with huge litigation costs if they indeed decide to go to court, and IV isn’t that dumb to sue someone on it’s behalf, they are much smarter than that, they know how to keep low profile. It’s really disturbing that some people (like you) are buying IVs pure play story. Do you even have any idea, how discouraging this patent troll thing is for start-ups and how badly it can damage fair competition in tech companies, if companies themselves started to build their patent troll, they surely can. Why innovate, just build a patent troll and stop everyone from innovating. Tech companies will sooner or later start to hedge their IP risk (let’s increase more risk into system, sounds great). Most vulnerable to all this crap are startups, most often startups infringe some existing patent, after all they are startups, they can’t put all their efforts in patent due-diligence and then invent something, big companies can define “what not to invent” before starting their R&D, but startups can’t and they often grow very loose and some minor parts of whole innovation can be easily found as infringement (you have no idea what all stupidity, I mean trivial things, has been, and can be patented). With a patent troll in this world, small firms are at risk, big firms can finance patent troll to kill any competition which is mushrooming.