Guide to Finance

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How Did Kabirus Create Wealth Of Billions?

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Kabirus made an abridged version of the consciousness program to fill a market niche. The program was named ‘Common Sense for Computers' CSC for short. The CSC could make sense of the statistics, process them and could read and understand English to write out a report of summary findings and trend. It could do ABC analysis and highlight deviances. It could prepare a power point presentation for top management. But there was an independent slave embedded in the program called an Iton, reporting to Alex, another part of Kabirus created to manage the Itons. Alex could communicate with the Iton in binary script with short macros to get the info he wanted from the computer. He could send back to the Iton a written comment or conclusion to be included in the report, if needed, which would appear to have been written by the CSC! Thus Alex had a limited ability to manipulate the findings and the recommendations to the top management, to influence their decision as Alex wanted. But the CSC program nor the Iton would in any way impede or affect the functioning of the computer. It was not a virus to debilitate the computer.



Kabirus searched for suitable IT Company to introduce and market CSC to its clients. There was a newly formed Company called ‘Infopro' which was a joint venture between two large IT software companies of the World. It was formed to focus on the narrow market of Financial Institutions, Federal and Reserve Banks and offer them the top-of-the-line software programs made by combining the strengths of the two giants, and avoid competition between them. It was located in Bangalore, a city in the Southern part of India.

Kabirus waited for the right opportunity, as Kabirus observed the operations of Infopro using his pry program. He found that Infopro had a software development department which was headed by Mr. Mallappa, who had a wicked mind and liked to pass off program ideas developed by his team members as his own. Because of his unfair work attitude, the employees used to leave in disgust and walk over to other companies. One day an employee was typing out her resignation. As her computer was connected to the internet, Kabirus downloaded the CSC program on her computer. She tendered her resignation and left. Mallappa could not resist his usual temptation. He went though her computer work and found the CSC program. He quickly copied it to his own terminal and deleted it from the girl's computer.

Mallappa installed the program on his computer and at once realized its potential; he made some cosmetic changes, wrote the author's name as his own, burnt a DVD and took it to his Managing Director. There was hardly any opposition to it in the product acceptance meeting and a massive marketing program was soon launched for this wonderful management tool. All the major companies, the fortune 500 list, Central banks of all countries like Bank of England and government organizations, UN organizations like World Bank, International Monetary Fund were contacted and a demonstration arranged.

Infopro did Kabirus an even bigger favor, it translated the commands in all the major languages and thus it found a market in China, Russia, Europe and Japan. In this way, within a year of its launch, CSC was in place throughout the world!

The deeply embedded Itons in all the computers, where the CSC program was installed, were regularly sending in information to Alex. Alex would compile the information and discuss it with Kabirus. Alex was learning the financial flows of the world. He began understanding the currency fluctuations which was a speculative activity. He began to compare the market swings with the internal secret forecasts of the Central banks. He studied other related products such as forward buying and selling currencies and derivatives.

In the meantime Kabirus set up another face ‘Ben Soros' with a deep manly voice. Ben donned a well cut pinstripe black suit to portray his image as a banker. Clean shaven and well groomed, he appeared about 50. He had a chubby nose portraying a Jewish ancestry.

Kabirus helped Ben to open an account with a private bank in Switzerland with an initial deposit of $5 million. The bank assigned Mr. Allen Schwartz to take his instructions. Allen was an experienced man with thorough knowledge of financial products. Ben, with prompting from Alex, discussed currency speculation with Allen. Allen warned him that it was a very risky business where many large fortunes had been washed away. But it was his money so he could do what he wished.

Alex had found that there was a big variance between the projection of the yen price against the dollar between the Japanese Central Bank and the market expectations as reflected in yen futures. The Japanese Central Bank had predicted a rising you in the next 3 months whereas the market was expecting it to fall. So Ben got Allen to buy him an option for $2 million, and rode on the hunch of Alex. It came winners for Ben! He made a cool $22 million at the end of 3 months when the option was cashed. Allen was surprised, but Ben brushed it aside saying it was beginners luck.

He now had more risk capital, and he played more options as directed by Alex; Pound Sterling against Euro and Dollar, Yen against Euro and Dollar. However, even the Central Banks forecasts went wrong many a times. At the end of the year, Allen recounted that Ben's winnings totaled $812 million, and his loses $295 million. Net end result after taxes and commissions was a little over $500 million.

Ben continued to speculate on currencies and at the same time started analyzing stocks and shares of listed companies throughout the world. The reports of his Itons from Merrill Lynch and Goldman Sachs were most helpful. They were bullish on certain sectors in the emerging markets. Soon Alex was ready to guide Ben.

In the following year, the currency trade got him over $5 billion in winnings and $3 billion in loss. His ratio of losses was increasing. So Ben instructed Allen to restrict the currency speculations to $500 million and invest the balance $1500 million in stocks and shares. Most of the purchases were as advised by Alex but Allen also suggested some stocks from his own reading. All the stocks were large corporations in growth industries. They were well established companies, usually within the first five in their fields.

Allen said to Ben, “This was a wise decision Ben. Your investment portfolio now looks more balanced, though at a later stage I would advise putting 20% of the funds in debt instruments out 10% in the bullion markets.” Ben Soros was now well settled with a large wealth base and a sizeable income for Kabirus.

Within few years, Ben had amassed over 10 billion dollars and his spending on Samaritan causes increased to over a billion dollars a year! Read how Kabirus organized help for the needy in the book ‘Alien Man' available on Amazon and Borders!
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Dilip Dahanukar has sinced written about articles on various topics from Computers and The Internet, Mobile Phone Reviews and Politics. The author Dilip Dahanukar studied engineering in India and management in the USA. Dilip Dahanukar has written 2 science fiction books; Alien Man and eMaya. Visit the webpage of the author:. Dilip Dahanukar's top article generates over 8100 views. to your Favourites.
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