The final stages of studying!
Both papers are completed and I'm now studying for the final tomorrow evening. Wish me luck!
I will leave you with the best example ever. The section is explaining efficient markets and the random walk hypothesis about using past information to calculate future prices:
Suppose you deposit a drunk friend in a field of corn. You give him a little shove and he staggers off. If you leave and come back to search for him the next day, where would you begin your seach? Where you left him. He is probably not there, but in the absence of any additional information, that is the best place to start looking.
WTF!!!!! Do people actually do this???? I think I laughed for half an hour straight after reading this passage in my Finance textbook.
I will leave you with the best example ever. The section is explaining efficient markets and the random walk hypothesis about using past information to calculate future prices:
Suppose you deposit a drunk friend in a field of corn. You give him a little shove and he staggers off. If you leave and come back to search for him the next day, where would you begin your seach? Where you left him. He is probably not there, but in the absence of any additional information, that is the best place to start looking.
WTF!!!!! Do people actually do this???? I think I laughed for half an hour straight after reading this passage in my Finance textbook.