SERVING THE QUANTITATIVE FINANCE COMMUNITY

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Posts: 23951
Joined: September 20th, 2002, 8:30 pm

I give you $1000, how do you invest the money? Why? QuoteOriginally posted by: CuchulainnI just want to say one word to you - just one word. 'Plastics.' There's a great future in plastics. Think about it. Will you think about it? Shh! Enough said. That's a deal.I thought the answer was "Banach spaces" or has the real estate bubble afflicted normed vector spaces? Cuchulainn Posts: 62108 Joined: July 16th, 2004, 7:38 am Location: Amsterdam Contact: I give you$1000, how do you invest the money? Why?

QuoteOriginally posted by: Traden4AlphaQuoteOriginally posted by: CuchulainnI just want to say one word to you - just one word. 'Plastics.' There's a great future in plastics. Think about it. Will you think about it? Shh! Enough said. That's a deal.I thought the answer was "Banach spaces" or has the real estate bubble afflicted normed vector spaces?No, these days it is a Hausdorff space. In topology and related branches of mathematics, a Hausdorff space, separated space or T2 space is a topological space in which distinct points have disjoint neighbourhoods. //(Spanning) trees and forests are a good investment if your horizon is [20, 30] years. Annual rate 10%. Barring tree disease or a comet hitting the forest, it is a reasonably good investment.
Last edited by Cuchulainn on November 7th, 2008, 11:00 pm, edited 1 time in total.

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Joined: August 28th, 2008, 1:53 pm

I give you $1000, how do you invest the money? Why? These little guys don't bother with H1B visas, they just show up and destroy trees.Chinese Beetle Paul Posts: 10771 Joined: July 20th, 2001, 3:28 pm I give you$1000, how do you invest the money? Why?

Something negatively correlated to the job you are going for obviously. I'll let you figure out the details!(Cuch, your 'plastics' answer is wasted on the young people on this forum!)P

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Posts: 27402
Joined: August 28th, 2008, 1:53 pm

QuoteOriginally posted by: CrashedMintI must admit: The models/the math interests me, not the actual underlyers. But I have an interview next week and almost certainly they will ask this question. Is there some site on the web that has a quick daily report on the indices and interesting stocks? Something I could read in like 15minutes to get a general understanding of the current situation.And: If I asked YOU today "I give you $1000, how do you invest the money? Why?" what would be your answer?CMIs it for for a bank interview? If yes, my proposal is "asset finance". You will invest the allocated capital in Heckler & Koch solutions, then you ll start robbing banks and bankers (at director level or above). It has a long call option payoff and your return on capital may skyrocket within weeks. You may show your commitment as a "socially responsible robber" by donating a % of your profits to charities and environmental protection funds. If you dont tax evade you will never get caught. On the contrary, see it as an insurance, one day your government may bail you out... quantmeh Posts: 5974 Joined: April 6th, 2007, 1:39 pm I give you$1000, how do you invest the money? Why?

QuoteOriginally posted by: CrashedMintplease elaborate :-)the question itself is a bait. so u can use it to drag the interviewer into somewhere u like. e.g. a lottery ticket, would b an invitation to b/s about behavioural finance. obviously, it's a bit dangerous, because u got to b able to hold your own there.just google on "lottery ticket capm risk premium" or something like that. u have to b able to explain first why it the lottery ticket shouldnt cost $0. think of its expected return, it's pretty much ~$0. then u must explain why it actually makes a sense to buy lottery ticket, and why it can b a part of rational risk-averse person's portfolio etc.

Cuchulainn
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Joined: July 16th, 2004, 7:38 am
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I give you $1000, how do you invest the money? Why? QuoteOriginally posted by: mackbarThese little guys don't bother with H1B visas, they just show up and destroy trees.Chinese BeetleThe trees that do succumb to those wood worm critters can be used as firewood. But you need a good chainsaw. Traden4Alpha Posts: 23951 Joined: September 20th, 2002, 8:30 pm I give you$1000, how do you invest the money? Why?

twofish
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Joined: February 18th, 2005, 6:51 pm