SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Micron Only Forum
MU 309.72+8.5%1:02 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trey McAtee who wrote (33572)5/17/1998 10:53:00 AM
From: Knighty Tin  Read Replies (1) of 53903
 
Trey, Sony has a history of overpricing and pulling exclusiveness, like Apple. That is why VCRs are all VHS now and you see as many Beta Maxs as you see 8-track tape players. <G>

I don't have much faith in the way finance is taught. As long as theories are being discussed, the professors do just fine. But when it comes to practical application, they are out to lunch. A few who have gone into business for themselves have had mixed results. Barr Rosenberg is currently being praised for his performance in the past few years, but if you go back a bit further, he didn't do so hot. Zweig, of course, has had lousy performance for so long he fired himself as portfolio manager. Nobel Prize winner Harry Markowitz has done ok on a relative basis to other Japanese funds with his Japan Equity Fund (JEQ), but on an absolute basis, gag me with a spoon. And when I was at Wharton, fellowships were probably harder to win than they should have been because in years previously, The U. of Penn had temporarily turned over its very large endowment to the Finance Professors. John Neff took control after that disaster. <G>

So, you have to listen to what you hear in class and regurgitate it on tests, but don't expect them to teach you anything that helps you make money in the market. And NEVER do what I did, argue with professors about Modern Portfolio Theory and The Black-Scholes Model and all the academic studies that select their measurement factors a bit too pre-disposed for my druthers. <G>

MB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext