Financial Markets (Yale): Week 1

that bit in the first lecture where he talks about the questionable morality of being a financial markets profiteer was interesting in how ambivalent he was--"you'll have to sort of...decide for yourself."

I mean, realistically, like 75% of the the people in that classs want to go into finance

so I mean maybe OWS signs woulda been kinda dickish

but the extent that he defends the financial industry in lecture 3 is kinda amazing, curious how he's giving this lecture today, ya know?

nah def

OKAY have ipod, have headphones, am listening to lect 1 and will catch up.

lecture 2 will be kinda confusing w/o the chalkboard

but it will be kinda confusing w/ the chalkboard, I'd just zone out for those parts unless you want to go over the math

Oh I have video too, just not much going on r now.

Done lecture 2.

Onto three?

Okay I'm on the last leg of Lesson 3 and...I don't like this class. It's boring and SLOW and then when it's not SLOW, it's about MATH. Fucking A, this guy is the WORST speaker, I put the lecture on headphones for my entire commute and I feel like I only learned...2 or 3 things?? Over AN HOUR. We could have done moral hazard and risk management in 12 minutes.

I don't begrudge the time, exactly, but I am very very bored.

I dunno, if this is as complex as it gets, I'm so getting a degree at some point.

ilx downtime ruined the schedule of these things. what are people on? I'm on week 4. for both classes.

I just finished finance lecture 3 and started 4 and then turned it off. I know we were supposed to discuss things and have questions but by the time I get home at night and to a computer, the lecture was 10 hours ago.

Well, I got to the end of 3 lectures and own 2 books, dammit.

"The real financial technology that works to eliminate risk is that which works to spread them out, to pool them & share them among many different people. The ideal that theory suggests--the perfect financial system--would have all of our risks pooled completely. Nobody suffers alone. If anything happens to me and my livelihood, it's spread out over the whole world."

huh.

That's the theory.

The audio is so damn low, I've got everything turned up all the way and I have a hard time hearing.

lol I still haven't started in on this yet

it's likely going to have to wait until I am done with immediate gigs, so like 2 weeks

catching up can be done pretty quickly

laurel, lecture 4 is another one that would be nonsense without the visuals

I would ignore the early math and just try to understand the graph used in the lecture

"The real financial technology that works to eliminate risk is that which works to spread them out, to pool them & share them among many different people. The ideal that theory suggests--the perfect financial system--would have all of our risks pooled completely. Nobody suffers alone. If anything happens to me and my livelihood, it's spread out over the whole world."

huh.

― BIG HOOS aka the steendriver, Monday, October 24, 2011 10:54 AM Bookmark

Yeah, I remember this line was real mind lightning for me

howzit?

lol I never started this

I'm willing to keep it up if there is interest

I mostly got sidetracked from going to OWS every night

so anyone else want to keep this one up?

I'm on week 5

after j17 i might be back in

I'm on week 5 now!

OK, slow. But I got a new phone with better sound and screen.

I highly recommend listening to the one with guest-lecturer Carl Icahn just so you can hear him talking about how the execs of most companies are idiot frat boys who didn't rock the boat.

Think that's 7. Soon come.

i'm doing the yale one now.

standford also doing something similar this semester http://venturelab.stanford.edu/finance. sounds like fewer lectures but more substantial problems.

I worked through loads of these, but managed to lose most of the lectures I downloaded.