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ูุฃุฌูุจ "ูุงุญุฏ ูุนุดุฑูู."
|
And I'd say, "One and 20."
|
ููุนูู ูุฐุง-- ุฃุตุจุญ ุงูุขู ุงุซููู ู
ู ุนุดุฑูู-- ูู ุงุซููู ุจุงูู
ุฆุฉ ุฑุณูู
ุซุงุจุชุฉ ูุนุดุฑูู ุจุงูู
ุฆุฉ ุฃุฑุจุงุญ.
|
Which means -- now it's two and 20 -- it's two percent fixed fee and 20 percent of profits.
|
ุตูุฏูู ุงูุชุญูุท ุนุจุงุฑุฉ ุนู ุฃุฏูุงุช ุงุณุชุซู
ุงุฑูุฉ ู
ุชููุนุฉ.
|
Hedge funds are all different kinds of creatures.
|
ูุฑูุณ: ููุฒุนู
ุฃูู ุชูุฑุถ ุฑุณูู
ุง ุฃุนูู ููููุง ู
ู ุงูู
ุชุฏุงูู.
|
CA: Rumor has it you charge slightly higher fees than that.
|
ุฌูู
: ูููู
ุจูุฑุถ ุฃุนูู ุงูุฑุณูู
ูู ุงูุนุงูู
ูู ููุณ ุงูููุช.
|
JS: We charged the highest fees in the world at one time.
|
ู
ุง ููุฑุถู ูู ุฎู
ุณุฉ ู44.
|
Five and 44, that's what we charge.
|
ูุฑูุณ: ุฎู
ุณุฉ ู44.
|
CA: Five and 44.
|
ุชู
ุซู ุฎู
ุณุฉ ุจุงูู
ุฆุฉ ุซุงุจุชุฉ ู44 ุจุงูู
ุฆุฉ ู
ุชููุจุฉ.
|
So five percent flat, 44 percent of upside.
|
ููุงุฒูุช ุชุฌุนู ุงูู
ุณุชุซู
ุฑูู ูุญุตููู ุนูู ูู
ูุฉ ูุงุฆูุฉ ู
ู ุงููููุฏ.
|
You still made your investors spectacular amounts of money.
|
ุฌูู
: ุญูููุง ุนูุงุฆุฏ ุฌูุฏุฉุ ูุนู
|
JS: We made good returns, yes.
|
ุบุถุจ ุงููุซูุฑ ูุงุญุชุฌูุง: "ููู ูู
ูููู
ูุฑุถ ู
ุซู ูุฐู ุงูุฑุณูู
ุงูู
ุฑุชูุนุฉุ"
|
People got very mad: "How can you charge such high fees?"
|
ูุฃุฌุจุชูู
: "ุญุณูุงุ ูู
ูููู
ุงูุงูุณุญุงุจ."
|
I said, "OK, you can withdraw."
|
ูููู ู
ุง ูุญูุฒ ุงููุงุณ ูู ููู ูู
ูู ุงูุญุตูู ุนูู ุฃูุซุฑุ-- ูููู ูู ู
ุฑุญูุฉ ู
ุนููุฉุ ูู
ุง ุฃุฎุจุฑุชู ุนูู ู
ุง ุฃุนุชูุฏุ ุงุดุชุฑููุง ู
ู ุฌู
ูุน ุงูู
ุณุชุซู
ุฑูู ูุธุฑุง ููุฌูุฏ ูุฏุฑุฉ ุดุฑุงุฆูุฉ ุจุงูุตูุฏูู.
|
But "How can I get more?" was what people were -- But at a certain point, as I think I told you, we bought out all the investors because there's a capacity to the fund.
|
ูุฑูุณ: ูููู ูุฌุจ ุนูููุง ุฃู ูููู ุจุดุฃู ุตูุงุฏูู ุงูุชุญูุท ู
ู ุฃู ูููู
ุจุฌุฐุจ ุฃูุถู ุงูู
ูุงูุจ ุงูุนุงูู
ูุฉ ูู ุงูุฑูุงุถูุงุช ูุบูุฑูุง ููุนู
ู ุนูู ุฐููุ ุฎูุงูุง ุฅูู ู
ุดุงูู ุฃุฎุฑู ุนุฏูุฏุฉ ูู ุงูุนุงูู
ุ
|
CA: But should we worry about the hedge fund industry attracting too much of the world's great mathematical and other talent to work on that, as opposed to the many other problems in the world?
|
ุฌูู
: ุญุณูุงุ ุงููุง ููุณุช ู
ุฌุฑุฏ ุฑูุงุถูุงุช.
|
JS: Well, it's not just mathematical.
|
ูููู
ุจุชูุธูู ุนูู
ุงุก ุงูููู ูุงูููุฒูุงุก ูุฃู
ูุฑ ู
ู ูุฐุง ุงููุจูู.
|
We hire astronomers and physicists and things like that.
|
ูุง ุฃุนุชูุฏ ุฃููุง ูุฌุจ ุฃู ุชููู ุจุดุฃู ุฐูู ูุซูุฑุง.
|
I don't think we should worry about it too much.
|
ูุง ุชุฒุงู ุตูุงุนุฉ ุตุบูุฑุฉ ุฌุฏุง.
|
It's still a pretty small industry.
|
ูุฅุฏุฑุงุฌ ุงูุนููู
ูู ุนุงูู
ุงูุงุณุชุซู
ุงุฑ ุณุงูู
ูู ุชุญุณูู ุงูุนุงูู
.
|
And in fact, bringing science into the investing world has improved that world.
|
ุณุงูู
ูู ุงูุญุฏ ู
ู ุงูุชูุงูุต ูุงูุชุทุงูุฑ ูุฒูุงุฏุฉ ุงูุณูููุฉ.
|
It's reduced volatility. It's increased liquidity.
|
ูุนุชุจุฑ ุงูุงูุชุดุงุฑ ุถููุง ูุฃู ุงููุงุณ ูููู
ูู ุจุชุฏุงูู ูุฐุง ุงูููุน ู
ู ุงูุฃุดูุงุก.
|
Spreads are narrower because people are trading that kind of stuff.
|
ูุณุช ูููุง ุจุดุฃู ุนูุฏุฉ ุฃููุดุชุงูู ููุญูุงุฉ ูุงูุจุฏุก ุจุงูุนู
ู ุจุตูุงุฏูู ุงูุชุญูุท.
|
So I'm not too worried about Einstein going off and starting a hedge fund.
|
ูุฑูุณ: ุฃูุช ุงูุขู ูู ู
ุฑุญูุฉ ูู ุญูุงุชู ุญูุซ ุชุณุชุซู
ุฑุ ุนูู ุงูุฑุบู
ู
ู ุฐููุ ูู ุงูุฌุงูุจ ุงูุขุฎุฑ ู
ู ุณูุณูุฉ ุงูุชูุฑูุฏ - ุชููู
ุจุชุนุฒูุฒ ุงูุฑูุงุถูุงุช ูู ุฌู
ูุน ุฃูุญุงุก ุฃู
ุฑููุง.
|
CA: You're at a phase in your life now where you're actually investing, though, at the other end of the supply chain -- you're actually boosting mathematics across America.
|
ูุฐู ุฒูุฌุชูุ ู
ุงุฑููู.
|
This is your wife, Marilyn.
|
ุชุนู
ูุงู ุนูู ุงููุถุงูุง ุงูุงูุณุงููุฉ ู
ุนุง.
|
You're working on philanthropic issues together.
|
ุฃุฎุจุฑูู ุจุดุฃู ุฐูู.
|
Tell me about that.
|
ุฌูู
: ุจุฏุฃุช ู
ุงุฑููู -- ุชูู ูู ุฒูุฌุชู ุงูุฌู
ููุฉ ุงูู
ูุฌูุฏุฉ ููุงู-- ุฃุทููุช ุงูู
ุคุณุณุฉ ู
ูุฐ ุญูุงูู 20 ุณูุฉ.
|
JS: Well, Marilyn started -- there she is up there, my beautiful wife -- she started the foundation about 20 years ago.
|
ุฃุนุชูุฏ ูู ุนุงู
1994.
|
I think '94.
|
ุฃูุง ุฃููู ุนุงู
1993 ููู ุชููู ูู ุนุงู
1994. ูููู ุญุฏุซ ุฐูู ูู ูุงุญุฏุฉ ู
ููู
ุง.
|
I claim it was '93, she says it was '94, but it was one of those two years.
|
ุจุฏุฃูุง ุงูู
ุคุณุณุฉุ ูุทุฑููุฉ ู
ูุงุณุจุฉ ูุนู
ู ุงูุฎูุฑ.
|
We started the foundation, just as a convenient way to give charity.
|
ูุงูุชุฒู
ุช ุจุฐููุ ูููุฐุง.
|
She kept the books, and so on.
|
ูู
ุชูู ูุฏููุง ุฑุคูุฉ ู
ุณุชูุจููุฉ ูุงุถุญุฉ ูู ุฐูู ุงูููุชุ ูููู ุชุฏุฑูุฌูุง ุจุฏุฃุช ุชุธูุฑ ูุชุชุถุญ-- ุงูู
ุชู
ุซูุฉ ูู ุงูุชุฑููุฒ ุนูู ุงูุฑูุงุถูุงุช ูุงูุนููู
ุ ูุงูุชุฑููุฒ ุนูู ุงูุจุญูุซ ุงูุฃุณุงุณูุฉ.
|
We did not have a vision at that time, but gradually a vision emerged -- which was to focus on math and science, to focus on basic research.
|
ูุฐูู ู
ุง ูู
ูุง ุจู.
|
And that's what we've done.
|
ูุจู ุณุช ุณููุงุช ุชูุฑูุจุงุ ุบุงุฏุฑุช ุงูููุถุฉ ูุฐูุจุช ููุนู
ู ูู ุงูู
ุคุณุณุฉ.
|
Six years ago or so, I left Renaissance and went to work at the foundation.
|
ููุฐุง ู
ุง ูู
ูุง ุจู.
|
So that's what we do.
|
ูุฑูุณ: ุชุนุชุจุฑ ุงูุฑูุงุถูุงุช ูู ุฃู
ุฑููุง ุฃุณุงุณ ุงูุงุณุชุซู
ุงุฑ ูู ู
ุนูู
ู ุงูุฑูุงุถูุงุช ูู ู
ุฎุชูู ุฃูุญุงุก ุงูุจูุงุฏุ ุจู
ูุญูู
ุจุนุถ ุงูุฏุฎู ุงูุฅุถุงููุ ูู
ูุญูู
ุงูุฏุนู
ูุงูุชุฏุฑูุจ.
|
CA: And so Math for America is basically investing in math teachers around the country, giving them some extra income, giving them support and coaching.
|
ูุชุญุงูู ุฌุนูู ุฃูุซุฑ ูุงุนููุฉู ูุฌุนูู ูุฏุนูุฉ ูู
ูู ููู
ุนูู
ุฃู ูุตุจุญ ุทู
ูุญุง.
|
And really trying to make that more effective and make that a calling to which teachers can aspire.
|
ุฌูู
: ูุนู
-- ุจุฏูุง ู
ู ู
ุนุงูุจุฉ ุงูู
ุนูู
ูู ุงูุณูุฆููุ ุงูุฐูู ุชุณุจุจูุง ุจู
ุดุงูู ููุณูุฉ ุนูู ุทูู ุงูู
ุฌุชู
ุน ุงูุชุนููู
ูุ ููุง ุณูู
ุง ูู ุงูุฑูุงุถูุงุช ูุงูุนููู
ุ ูุฑูุฒ ุนูู ุชูุฑูู
ุงูุฌูุฏูู ู
ููู
ูู
ูุญูู
ุฌูุงุฆุฒ.
|
JS: Yeah -- instead of beating up the bad teachers, which has created morale problems all through the educational community, in particular in math and science, we focus on celebrating the good ones and giving them status.
|
ูุนู
ุ ูู
ูุญูู
ู
ูุฏุงุฑุง ู
ุงููุง ุฅุถุงููุ ู
ุง ููุงุฑุจ 15ุ000 ุฏููุงุฑ ุณูููุง.
|
Yeah, we give them extra money, 15,000 dollars a year.
|
ููุฌุฏ ุงูููู
ุญูุงูู 800 ู
ุนูู
ุฑูุงุถูุงุช ูุนููู
ูู ู
ุฏููุฉ ูููููุฑู ูู ุงูู
ุฏุงุฑุณ ุงูุนุงู
ุฉุ ูุฌุฒุก ู
ู ุงูู
ุญูุฑ.
|
We have 800 math and science teachers in New York City in public schools today, as part of a core.
|
ููุงู ุฑูุญ ู
ุนูููุฉ ูุจูุฑุฉ ููู
ุง ุจูููู
.
|
There's a great morale among them.
|
ูุง ูุฒุงููู ูู ูุฐุง ุงูู
ุฌุงู.
|
They're staying in the field.
|
ุจุญููู ุงูุณูุฉ ุงููุงุฏู
ุฉ ูุตู ุนุฏุฏูู
ุฅูู 1ุ000 ููู ูู
ุซู 10 ุจุงูู
ุฆุฉ ู
ู ู
ุนูู
ู ุงูุฑูุงุถูุงุช ูุงูุนููู
ูู ุงูู
ุฏุงุฑุณ ุงูุนุงู
ุฉ ุจู
ุฏููุฉ ูููููุฑู.
|
Next year, it'll be 1,000 and that'll be 10 percent of the math and science teachers in New York [City] public schools.
|
ูุฑูุณ: ุฌูู
ุ ูุฐุง ู
ุดุฑูุน ุขุฎุฑ ูู
ุช ุจุฏุนู
ู ูู ุฃุบุฑุงุถ ุฎูุฑูุฉ: ุงูุจุญุซ ูู ูุดุฃุฉ ุงูุญูุงุฉุ ุนูู ู
ุง ุฃุนุชูุฏ.
|
CA: Jim, here's another project that you've supported philanthropically: Research into origins of life, I guess.
|
ู
ุง ุงูุฐู ููุธุฑ ุฅููู ููุงุ
|
What are we looking at here?
|
ุฌูู
: ุญุณูุงุ ุณุฃุดุฑุญ ุฐูู ุจุนุฏ ูุญุธุงุช.
|
JS: Well, I'll save that for a second.
|
ูู
ู ุซู
ุณุฃุฎุจุฑู ุนู ู
ุงููุฉ ุฐูู.
|
And then I'll tell you what you're looking at.
|
ูุนุชุจุฑ ุงูุณุคุงู ุนู ุฃุตู ุงูุญูุงุฉ ุณุคุงูุง ู
ุซูุฑุง.
|
Origins of life is a fascinating question.
|
ููู ูุตููุง ุฅูู ููุงุ
|
How did we get here?
|
ุญุณูุงุ ููุฌุฏ ุณุคุงููู: ุงูุฃูู ูู ู
ุง ูู ุงูุฑุงุจุท ุจูู ุงูุฌููููุฌูุง ูุงูุจููููุฌูุง-- ููู ูุตููุง ุฅูู ููุงุ
|
Well, there are two questions: One is, what is the route from geology to biology -- how did we get here?
|
ูุงูุณุคุงู ุงูุซุงูู ูู ู
ุง ุงูุฐู ุจุฏุฃูุง ุจูุ
|
And the other question is, what did we start with?
|
ู
ุงูู ุงูุฃุฏูุงุชุ ุฅู ูุฌุฏุชุ ุงูุชู ุงุณุชุนู
ููุงูุง ูุดู ุทุฑูููุงุ
|
What material, if any, did we have to work with on this route?
|
ูุนุชุจุฑ ูุฐุงู ุงูุณุคุงูุงู ู
ู ุงูุฃุณุฆูุฉ ุงูู
ูู
ุฉ.
|
Those are two very, very interesting questions.
|
ูุนุชุจุฑ ุงูุณุคุงู ุงูุฃูู ุทุฑููุง ู
ูุชููุง ู
ู ุงูุฌููููุฌูุง ูุญู ุงูุญู
ุถ ุงููููู ุงูุฑูุจูุฒู ุฃู ุดูุก ู
ู ูุฐุง ุงููุจูู-- ููู ุญุฏุซ ูู ุฐููุ
|
The first question is a tortuous path from geology up to RNA or something like that -- how did that all work?
|
ูุงูุณุคุงู ุงูุขุฎุฑ ูู ู
ุง ุงูุฐู ุจุฌุจ ุนูููุง ุฃู ูุณุชุนูู ุจูุ
|
And the other, what do we have to work with?
|
ุญุณูุงุ ุฃูุซุฑ ู
ู
ุง ูุชุตูุฑ.
|
Well, more than we think.
|
ุงูู
ูุฌูุฏ ูู ุงูุตูุฑุฉ ูู ูุฌู
ูู ุทูุฑ ุงูุชุดูู.
|
So what's pictured there is a star in formation.
|
ุงูุขูุ ูู ุนุงู
ูู ู
ุฌุฑุชูุง ุฏุฑุจ ุงูุชุจุงูุฉุ ููุฌุฏ ุญูุงูู 100 ู
ููุงุฑ ูุฌู
ุ ูุชุดูู ูุฌู
ูู ุฌุฏูุฏูู.
|
Now, every year in our Milky Way, which has 100 billion stars, about two new stars are created.
|
ูุง ุชุณุฃููู ููู ูููููุง ุชุชุดูู.
|
Don't ask me how, but they're created.
|
ุชุญุชุงุฌ ูุญูุงูู ู
ูููู ุณูุฉ ูุชุชููู ูููุง.
|
And it takes them about a million years to settle out.
|
ูู ุญุงูุฉ ู
ุณุชูุฑุฉุ ููุฌุฏ ุญูุงูู ู
ููููู ูุฌู
ู ูู ุทูุฑ ุงูุชุดูู ูู ุฃู ููุช.
|
So, in steady state, there are about two million stars in formation at any time.
|
ูุฐุง ุงููุฌู
ูู
ุฑ ุจู
ุฑุญูุฉ ู
ุง ู
ู ุงูุชุดูู ุงูุชุงู
.
|
That one is somewhere along this settling-down period.
|
ูุชูุฌุฏ ุชูู ุงูุฃุดูุงุก ู
ู ุญูููุงุ ุบุจุงุฑ ูู
ูููุงุช ุฃุฎุฑู.
|
And there's all this crap sort of circling around it, dust and stuff.
|
ูุณุชููู
ุจุชุดููู ุงููุธุงู
ุงูุดู
ุณู ุนูู ุงูุฃุฑุฌุญุ ุฃู ู
ูู
ุง ุงูุฐู ุณุชุดููู.
|
And it'll form probably a solar system, or whatever it forms.
|
ูููู ุฅูููู
ูุฐุง-- ูู ูุฐุง ุงูุบุจุงุฑ ุงูุฐู ูุญูุท ุจุงููุฌู
ุงูู
ุชุดูู ุชู
ุงูุนุซูุฑ ุนูู ุฌุฒูุฆุงุช ุนุถููุฉ ู
ูู
ุฉ.
|
But here's the thing -- in this dust that surrounds a forming star have been found, now, significant organic molecules.
|
ูุง ูุชุญุฏุซ ุนู ุงูู
ูุซุงู ููุท ูุฌุฒุฆูุงุช ูููู ุนู ุงูููุฑู
ุงูุฏููุงูุฏ ูุงูุณูุงููุฏ-- ุฃุดูุงุก ุชู
ุซู ุฃุณุงุณุง ูุจูุงุก ุงูุตูุบ ุงูุฌุฒุฆูุฉ-- ุงูุฃุตููุ ุฅุฐุง ุตุญ ุงูุชุนุจูุฑ-- ููุญูุงุฉ.
|
Molecules not just like methane, but formaldehyde and cyanide -- things that are the building blocks -- the seeds, if you will -- of life.
|
ูุฐููุ ูุฏ ูุจุฏู ูุฐุง ููุงุณูุง.
|
So, that may be typical.
|
ููุฏ ูููู ู
ู ุงูุนุงุฏู ุฃู ุชุจุฏุฃ ุงูููุงูุจ ุงูู
ูุฌูุฏุฉ ุญูู ุงูููู ุจุงูุชุดูู ูุชููู ุจุนุถ ูุฐู ุงูุชุฑููุจุงุช ู
ู ู
ูููุงุชูุง ุงูุฃุณุงุณูุฉ.
|
And it may be typical that planets around the universe start off with some of these basic building blocks.
|
ูู ูุนูู ูุฐุง ุฃูู ุณุชููู ููุงู ุญูุงุฉ ูู ุงูุฃุฑุฌุงุกุ
|
Now does that mean there's going to be life all around?
|
ุฑุจู
ุง.
|
Maybe.
|
ููููู ุณุคุงู ุญูู ู
ุฏู ุงูุชูุงุก ูุฐุง ุงูู
ุณุงุฑุ ู
ู ุงูุจุฏุงูุงุช ุงููุงููุฉ ููุฐู ุงูุจุฐูุฑุ ุทููุฉ ูุชุฑุฉ ุญูุงุชู.
|
But it's a question of how tortuous this path is from those frail beginnings, those seeds, all the way to life.
|
ูุณุชุณูุท ุฃุบูุจูุชูุง ุนูู ุงูููุงูุจ ุงูุจูุฑ.
|
And most of those seeds will fall on fallow planets.
|
ูุฑูุณ: ุจุงููุณุจุฉ ููุ ูุนุชุจุฑ ุฅูุฌุงุฏ ุฅุฌุงุจุฉ ูุณุคุงู ู
ู ุฃูู ุฃุชููุงุ ูุณุคุงู ููู ูุญุฏุซ ูุฐุงุ ู
ู ุงูุฃู
ูุฑ ุงูุชู ุฃูุฏ ุฑุคูุชูุง ุชุชุญูู.
|
CA: So for you, personally, finding an answer to this question of where we came from, of how did this thing happen, that is something you would love to see.
|
ุฌูู
: ุฃูุฏ ุฑุคูุฉ ุฐูู ูุชุญูู.
|
JS: Would love to see.
|
ูุฃูุฏ ุฃู ุฃุนุฑู-- ุฅู ูุงู ุฐูู ุงูู
ุณุงุฑ ู
ูุชููุง ุจู
ุง ููู ุงูููุงูุฉุ ูุจุนูุฏ ุงูุฅุญุชู
ุงูุ ูู
ูู
ุง ูุงูุช ุจุฏุงูุชูุ ูู
ูููุง ุฃู ูุฑูุฏูู ู
ู ููุนูุง.
|
And like to know -- if that path is tortuous enough, and so improbable, that no matter what you start with, we could be a singularity.
|
ูููู ู
ู ุฌูุฉ ุฃุฎุฑูุ ุจุงููุธุฑ ุฅูู ูู ูุฐุง ุงูุบุจุงุฑ ุงูุนุถูู ุงูุฐู ูุญูู
ูู ุงูุฃุฑุฌุงุกุ ู
ู ุงูู
ู
ูู ุฃู ูููู ูุฏููุง ุงููุซูุฑ ู
ู ุงูุฃุตุฏูุงุก ููุงู.
|
But on the other hand, given all this organic dust that's floating around, we could have lots of friends out there.
|
ูุงู ู
ู ุงูู
ู
ุชุน ู
ุนุฑูุฉ ุฐูู.
|
It'd be great to know.
|
ูุฑูุณ: ุฌูู
ุ ู
ูุฐ ุจุถุน ุณููุงุชุ ุณูุญุช ูู ุงููุฑุตุฉ ููุชุญุฏุซ ู
ุน ุงูููู ู
ูุณูุ ูุณุฃูุชู ุนู ุณุฑ ูุฌุงุญูุ ูุฃุฎุจุฑูู ุฃู ุงูุณุจุจ ูุนูุฏ ูุฌุฏูุชู ุนูุฏู
ุง ูุชุนูู ุงูุฃู
ุฑ ุจุงูููุฒูุงุก.
|
CA: Jim, a couple of years ago, I got the chance to speak with Elon Musk, and I asked him the secret of his success, and he said taking physics seriously was it.
|
ูุจุงูุงุณุชู
ุงุน ููุ ู
ุง ุงุณุชูุชุฌู ูู ุฃุฎุฐ ุงูุฑูุงุถูุงุช ุนูู ู
ุญู
ู ุงูุฌุฏ. ูุฃู ูุฐุง ุจูู ุซุงุจุชุง ุทููุฉ ุญูุงุชู.
|
Listening to you, what I hear you saying is taking math seriously, that has infused your whole life.
|
ุฌุนูู ุชุฌูู ุซุฑูุฉ ููุชุญ ูู ุงูููู
ุงูู
ุฌุงู ููุงุณุชุซู
ุงุฑ ูู ู
ุณุชูุจู ุงูุขูุงู ูุงูุขูุงู ู
ู ุงูุฃุทูุงู ูู ุฃูุญุงุก ุฃู
ุฑููุง ูุฃู
ุงูู ุฃุฎุฑู.
|
It's made you an absolute fortune, and now it's allowing you to invest in the futures of thousands and thousands of kids across America and elsewhere.
|
ูู ู
ู ุงูู
ู
ูู ุฃู ูููู ููุนููู
ุฌุฏููุ
|
Could it be that science actually works?
|
ูู ู
ู ุงูู
ู
ูู ุฃู ุชููู ููุฑูุงุถูุงุช ุฏูุฑุงุ
|
That math actually works?
|
ุฌูู
: ุญุณูุงุ ูุงู ููุฑูุงุถูุงุช ุฏูุฑ ุจุงูุชุฃููุฏ. ู
ู ุงูู
ุคูุฏ ุฃููุง ูุฐูู.
|
JS: Well, math certainly works. Math certainly works.
|
ูููู ูุงู ูุฐุง ู
ู
ุชุนุง.
|
But this has been fun.
|
ูุนุชุจุฑ ุงูุนู
ู ู
ุน ู
ุงุฑููู ููุดู ุณุฑู ู
ู
ุชุนุง ููุบุงูุฉ.
|
Working with Marilyn and giving it away has been very enjoyable.
|
ูุฑูุณ: ุงูุชุดูุช ุงูุขู-- ุฃููุง ููุฑุฉ ู
ููู
ุฉ ุจุงููุณุจุฉ ููุ ูุฐูู ู
ู ุฎูุงู ุฃุฎุฐ ุงูู
ุนุฑูุฉ ุนูู ู
ุญู
ู ุงูุฌุฏุ ูู
ูู ุงูุญุตูู ุนูู ุฃุดูุงุก ูุซูุฑุฉ ู
ููุง.
|
CA: I just find it -- it's an inspirational thought to me, that by taking knowledge seriously, so much more can come from it.
|
ุดูุฑุง ุนูู ุญุฏูุซู ุนู ุญูุงุชู ุงูู
ุฐููุฉ ูุนู ุญุถูุฑู ุฅูู TED.
|
So thank you for your amazing life, and for coming here to TED.
|
ุดูุฑุง ููู
.
|
Thank you.
|
ูุงู ู
ุนูุง ุฌูู
ุณูู
ููุฒ.
|
Jim Simons!
|
ุณุฃุชููู
ุงูููู
ุนู ุงูุนู
ู .
|
Today I'm going to talk about work.
|
ู ุงูุณุคุงู ุงูุฐู ุณุฃุทุฑุญู ู ุฃุฌูุจ ุนููู ูู : ูู
ุงุฐุง ูุนู
ู ุ
|
And the question I want to ask and answer is this: "Why do we work?"
|
ูู
ุงุฐุง ูุฌุฑ ุฃููุณูุง ู
ู ุงูุณุฑูุฑ ูู ุตุจุงุญ ุจุฏูุงู ู
ู ุฃู ูุนูุด ุญูุงุชูุง ู
ู
ุชูุฆุฉ ุจููุฒุงุช ู
ู ู
ุบุงู
ุฑุงุช ูู "TED" ูุฃุฎุฑู
|
Why do we drag ourselves out of bed every morning instead of living our lives just filled with bouncing from one TED-like adventure to another?
|
ูุฏ ุชุณุฃููู ุฃููุณูู
ูุฐุง ุงูุณุคุงู ูุฐุง ุงูุณุคุงู ุจุงูุฐุงุช .
|
You may be asking yourselves that very question.
|
ุฃุนูู
ุงูุขู ุจุงูุทุจุน ุฃูู ุนูููุง ุฃู ูุบุทู ู
ุนุงูุดูุง ุ ูููู ูุง ุฃุญุฏ ูู ูุฐู ุงููุงุนุฉ ูุนุชูุฏ ุฃู ูุฐู ุฅุฌุงุจุฉ ููุณุคุงู ุ "ูู
ุงุฐุง ูุนู
ู ุ"
|
Now, I know of course, we have to make a living, but nobody in this room thinks that that's the answer to the question, "Why do we work?"
|
ุจุงููุณุจุฉ ูุฃุบูุจ ุงููุงุณ ูู ูุฐู ุงููุงุนุฉ ุงูุนู
ู ุงูุฐู ูููู
ุจู ู
ููุก ุจุงูุชุญุฏูุงุชุ ูุดุบูู ุ ูุญูุฒู ููู ุฐุง ู
ุนูู .
|
For folks in this room, the work we do is challenging, it's engaging, it's stimulating, it's meaningful.
|
ู ุฅุฐุง ููุง ู
ุญุธูุธูู ูุฏ ูููู ู
ูู
ุง ุฌุฏุง .
|
And if we're lucky, it might even be important.
|
ู ูุฐูู ุ ูู ูุนู
ู ุฅุฐุง ูู
ููุฏูุน ููุง ุ ููู ูุฐุง ููุณ ุณุจุจ ุงู ููุนู ู
ุง ููุนูู .
|
So, we wouldn't work if we didn't get paid, but that's not why we do what we do.
|
ู ุจุดูู ุนุงู
ุ ุฃุนุชูุฏ ุงููุง ูุธู ุฃู ุงูุนูุงุฆุฏ ุงูู
ุงุฏูุฉ ุณุจุจ ุณุฎูู ููููุงู
ุจุงูุนู
ู ุงูุฐู ูุนู
ูู .
|
And in general, I think we think that material rewards are a pretty bad reason for doing the work that we do.
|
ุนูุฏู
ุง ูููู ุนู ุดุฎุต "ุฅูู ูุนู
ู ู
ู ุฃุฌู ุงูู
ุงู." ูู ูููู ูุตูููู ูุญุณุจ
|
When we say of somebody that he's "in it for the money," we are not just being descriptive.
|
ุงุนุชูุฏ ุงูุขู ุงู ูุฐุง ูุงุถุญ ุชู
ุงู
ุงู ุ ู ููู ุงูุงูุซุฑ ูุถูุญุง ูุซูุฑ ู
ุงูู ุจุงููุณุจุฉ ูู ุณุคุงู ุนู
ูู ุจุดููู ูุง ูุตุฏู ุ
|
Now, I think this is totally obvious, but the very obviousness of it raises what is for me an incredibly profound question.
|
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