Skip to main content

One class to ruin them all..

Finance is a difficult class. There are lots of formulas, ambiguous terminology and a general sense of "why in the name of all that is good and decent do I ever need to know the Valuation of equity is".

The class is almost over, we are doing our Financial analysis on PepsiCo now, as a final project. My take on it is to invest, BUT DO NOT! I repeat DO NOT use this as any kind of investing advice, this is strictly my own take, and I am not gonig to follow through on it.

There was a time, in the pre-DotCom boom, where I invested in the blue chip companies. I owned Netscape, AOL, CISCO, and couple of other companies. When the DotCom crashed, I made it out with a dedcent profit that allowed me and my wife to finance a purchase of our condo.

I haven't played or invested since. Now that I am taking the class, and have a better understanding of finance, and creative accounting, my feelings regarding of investing in the stock market are reinforced.

Here's what I think, if anyone cares. It takes a lot of research and understanding of the internal works of all things financial to make a truly GOOD investement. If you do not have the time and patience DO NOT invest. IT WILL COST YOU!

Now, I have to go back to calculating Additional Funds Needed, Ecomomic and Market Value Added.

Comments

Popular posts from this blog

Things you never cared to know about Mayonnaise

I have decided to start a new Rubric. Once a week I will write a post about a random subject. Having the subject coming out of MY head, it can be about anything. I constantly have a lot of random "Why?" and "How does?" questions floating around in my head. I will try to explain how I arrived to the subject at hand and promise to do diligent research on Wikipedia and provide you, the unfortunate reader, with either the interesting or unusual bits of info. YOU'VE BEEN WARNED! In addition to that I have a slight fetish for trivia. The rubric will be called: Things you never cared to know about Today's topic is Mayonnaise . How did I arrive to that? As I was making breakfast in the morning, I decided that I wanted to take a pita pocket and stuff it with something. The pitas are usually fairly dry, and you have to toast them. I did not have Hummus or Babaganoush (GOD! I just love saying BA-BA-GA-NOUSHHHHHHHHH!) I put a little Mayo inside to soften it up. So, ther...

Crazy ideas - UPDATED

Here's a crazy survey I thought off. If you had a time machine where would you travel first? Assuming the fact of course of universal invincibility. ----UPDATE---- As my brother mentioned, with time travel universally available getting rich schemes would be less than doable. My aim is more towards investigating great mysteries of history. Therefore: a. To the Big Bang b. To see an asteroid killing dinosaurs c. To see the exodus of Jews as it really happened d. Try to see if Jesus hubbub really happened e. Forget the past, I'd go to the year 2020 to see who winds World Series and place a bet accordingly. f. Suggested by Ilya . Back a day or to to purchase winning lottery ticket. e. Try to see if Atlantis existed. f. Travel to the future to see the explosion of our Sun. I am torn between the dinosaurs and the World Series. Please suggest the choices. Should I add Buddha and Muhammed to the list as well? From the curiousity stand-point. I still rather see the dinosaurs.

Weekend update

Finally some beautiful weather here in Chicago. We have decided to go to our regular hunting grounds at Lincoln Park Zoo. We slept well into the morning, picked up our good friends and in the company of four adults and three children went to see the animals. The photographer in me was screaming bloody murder to go out and make pictures. Thankfully my wife was very tolerant this time around with me running around like a madman taking picture of anything that moved. Lincoln Park Zoo is a great little place. It's free (if you don't consider $17 parking) they have all the animals kids love to see, and none of the animals where you stand scratching your head wondering how do you explain platipus to a 5-year-old. One bad thing that happened today, is I think i forgot to close the car, and somebody got in and stolen my Magellan GPS. Luckily nothing else was in the car, so other then that the car remained untouched. Unpleasant, but I have only myself to blame, and I think I'll live...