Showing posts with label humour. Show all posts
Showing posts with label humour. Show all posts
Thursday, November 17, 2011
Monday, May 23, 2011
How would the end of the world affect stock prices?
The FT has a tongue in cheek look at how impending Armageddon would effect markets.
For example:
For example:
Growth assumptions also must be adjusted, not to mention interest rates at which cash flows are discounted (as the risk-free rate approaches infinity)
Thursday, January 13, 2011
50 Cent manipulates stock prices with Twitter.
From the excellent Stephen Colbert.
http://www.colbertnation.com/the-colbert-report-videos/370860/january-12-2011/50-cent-makes-money-on-twitter
Note: some possibly inappropriate language.
http://www.colbertnation.com/the-colbert-report-videos/370860/january-12-2011/50-cent-makes-money-on-twitter
Note: some possibly inappropriate language.
Sunday, September 19, 2010
Friday, January 9, 2009
How forecasts are made
(Thanks to my colleague Ed)
It was autumn, and an indigenous tribal group asked their Chief if the winter was going to be cold or mild. Since he was a Chief in a modern society, he had never been taught the old secrets, and when he looked at the sky, he couldn't tell what the heck the weather was going to be.
Nevertheless, to be on the safe side, he replied to his tribal group that the winter was indeed going to be cold and that the members of the village should collect wood to be prepared.
But also being a practical leader, after several days he got an idea. He went to the phone booth,called the National Weather Service and asked, "Is the coming winter going to be cold?"
"It looks like this winter is going to be quite cold indeed," the Meteorologist at the weather service responded.
So the Chief went back to his people and told them to collect even more wood in order to be prepared.
One week later he called the National Weather Service< again.
"Is it going to be a very cold winter?" he asked. "Yes," the man at National Weather Service again replied, "it's going to be a very cold winter."
The Chief again went back to his people and ordered them to collect every scrap of wood they could find. Two weeks later he called the National Weather Service again.
"Are you absolutely sure that the winter is going to be very cold?"
"Absolutely," the man replied. "It looks like it's going to be one of the coldest winters ever."
"How can you be so sure?" the Chief asked.
The weatherman replied, "The indigenous people are collecting firewood like crazy."
There's an analogy here somewhere....
It was autumn, and an indigenous tribal group asked their Chief if the winter was going to be cold or mild. Since he was a Chief in a modern society, he had never been taught the old secrets, and when he looked at the sky, he couldn't tell what the heck the weather was going to be.
Nevertheless, to be on the safe side, he replied to his tribal group that the winter was indeed going to be cold and that the members of the village should collect wood to be prepared.
But also being a practical leader, after several days he got an idea. He went to the phone booth,called the National Weather Service and asked, "Is the coming winter going to be cold?"
"It looks like this winter is going to be quite cold indeed," the Meteorologist at the weather service responded.
So the Chief went back to his people and told them to collect even more wood in order to be prepared.
One week later he called the National Weather Service< again.
"Is it going to be a very cold winter?" he asked. "Yes," the man at National Weather Service again replied, "it's going to be a very cold winter."
The Chief again went back to his people and ordered them to collect every scrap of wood they could find. Two weeks later he called the National Weather Service again.
"Are you absolutely sure that the winter is going to be very cold?"
"Absolutely," the man replied. "It looks like it's going to be one of the coldest winters ever."
"How can you be so sure?" the Chief asked.
The weatherman replied, "The indigenous people are collecting firewood like crazy."
There's an analogy here somewhere....
Subscribe to:
Posts (Atom)