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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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One of my majors in college was Finance. In one of my senior-level Finance classes, the final consisted of ONE problem. It was something like some little old lady had $750,000 to live the rest of her life on, would you recommend that she invests in a given company and how much...
We were given the financial statements of the company, and we had to draw conclusions about the risk of the company. The issue was, all of the methods were based on theory, and there were multiple ways to reach conclusions--each of which would yield vastly different answers.
In the end, the most important thing on the test was that you used a sound methodology. Finance is very different that engineering however. Finance demands a good answer now, Engineering demands the perfect answer.
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Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris
"There is freedom in risk, just as there is oppression in security."
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