If you have ever been to a finance conference or read many academic finance articles, you will get a laugh out of this picture from Barry Ritholz........H/t to MoneyScience.
Showing posts with label fun. Show all posts
Showing posts with label fun. Show all posts
Tuesday, February 07, 2012
Wednesday, May 12, 2010
Jon Stewart takes on Perfect Storms
Jon Stewart on last week's 2:45 Market Sell-off
Hilarious. Thanks to Calculated Risk for pointing it out. I apologize in advance for any offensive language.
Hilarious. Thanks to Calculated Risk for pointing it out. I apologize in advance for any offensive language.
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| A Nightmare on Wall Street | ||||
| ||||
Thursday, July 30, 2009
Whose house is this? "He must know nothing about finance"
This is hilarious.
Thanks to Greg Mankiw for the link via WayneMarr
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| Home Crisis Investigation | ||||
| ||||
Thanks to Greg Mankiw for the link via WayneMarr
Tuesday, July 28, 2009
YouTube - Inflation or Deflation?
Ok, another song. I had never hear this one either. Pretty funny but so bad. LOL. By Merle Hazzard and Bretton Woods. lol.
YouTube - Inflation or Deflation?: "Inflation or Deflation? "
BTW if you can decide between inflation or deflation, vote on the front page of FinanceProfessorblog.blogspot.com
YouTube - Inflation or Deflation?: "Inflation or Deflation? "
BTW if you can decide between inflation or deflation, vote on the front page of FinanceProfessorblog.blogspot.com
H-E-D-G-E song
No one will ever confuse this with a country classic, but it is very funny and actually is all about finance.
Thanks to PlanetMoney for the tweet.
Thanks to PlanetMoney for the tweet.
Saturday, June 27, 2009
Time out for a laugh.
LOW FINANCE CONTENT...but if you are a professor who does research in any field, I am sure you will find this funny.
Someone left this site as a comment on an old post. The cartoons are really funny. Go ahead click on it!
High & Low Impact Factors- "Life in Research" Cartoon | VADLO Biology Databases Search Engine
Someone left this site as a comment on an old post. The cartoons are really funny. Go ahead click on it!
High & Low Impact Factors- "Life in Research" Cartoon | VADLO Biology Databases Search Engine
Thursday, May 28, 2009
Pet Millionaires: Seven Cats and Dogs Who Are Actually Richer than You — Bankling
Pet Millionaires: Seven Cats and Dogs Who Are Actually Richer than You — Bankling:
Thanks to Wayne Marr for pointing this one out.
"We hear about millionaires — and billionaires — quite frequently. But less often do we hear about pet millionaires. They do, however, exist. Since 1923, when the first reported case of a pet inheritance was affirmed in Willett vs. Willett, pets have been receiving money. Sometimes quite a lot of money. Here are seven dogs and seven cats (in particular order) that are probably richer than you...."
Thanks to Wayne Marr for pointing this one out.
Friday, March 27, 2009
South Park's take on the Economic Crisis
I did not see this on TV, but several of my students brought it to my attention. HILARIOUS!
YouTube - South Park - Episode 1303 - Margaritaville (HQ) - Part 1/3: "Randy steps forward with a solution to fix the desperate financial state everyone finds themselves in. The town gets behind him and everyone starts to live a life that no longer depends on any economy at all."
There are three parts of it on YouTube (the other parts are linked on the right). You can also see the whole thing on SouthParkStudios.com
The third one, linked below, is at once hilarious, repulsive, and silly. REMEMBER IT IS A CARTOON. No Chickens were killed in the filming of the episode.
YouTube - South Park - Episode 1303 - Margaritaville (HQ) - Part 1/3: "Randy steps forward with a solution to fix the desperate financial state everyone finds themselves in. The town gets behind him and everyone starts to live a life that no longer depends on any economy at all."
There are three parts of it on YouTube (the other parts are linked on the right). You can also see the whole thing on SouthParkStudios.com
The third one, linked below, is at once hilarious, repulsive, and silly. REMEMBER IT IS A CARTOON. No Chickens were killed in the filming of the episode.
Thursday, February 26, 2009
Dilbert on Gov't bailouts
Ok, technically it is Dogbert, but...
Short version, the top dog gets it all!
Thanks to Footnoted for this.
Short version, the top dog gets it all!
Thanks to Footnoted for this.
Thursday, August 10, 2006
Cramer Vs Chimp
FinancialRounds pointed this out, but if you missed it, go watch it NOW! If for no other reason you will be humming the music for the rest of the day! lol...
Tuesday, June 07, 2005
Monkeys, risk aversion, game theory, inflation, and more
Steven Levitt on monkeys and investors:
Monkey Business - New York Times: "...economics is increasingly being recognized as a science whose statistical tools can be put to work on nearly any aspect of modern life. That's because economics is in essence the study of incentives, and how people -- perhaps even monkeys -- respond to those incentives. A quick scan of the current literature reveals that top economists are studying subjects like prostitution, rock 'n' roll, baseball cards and media bias."
So why not monkeys!?!? Sure enough, researchers are teaching mokeys to use money. Really! And much more. For example what happens when people (err, monkeys) don't cooperate? (they get punished), when they are too cooperative? (they get less food), and even when there are wealth effects or inflation (they are not always rational). Amazing stuff.
From the NY Times:
"...were fairly cooperative but still showed a healthy amount of self-interest: over repeated encounters with fellow monkeys, the typical tamarin pulled the lever about 40 percent of the time. Then Hauser and Chen heightened the drama. They conditioned one tamarin to always pull the lever (thus creating an altruistic stooge) and another to never pull the lever (thus creating a selfish jerk). The stooge and the jerk were then sent to play the game with the other tamarins. The stooge blithely pulled her lever over and over, never failing to dump a marshmallow into the other monkey's cage. Initially, the other monkeys responded in kind, pulling their own levers 50 percent of the time. But once they figured out that their partner was a pushover...their rate of reciprocation dropped to 30 percent -- lower than the original average rate. The selfish jerk, meanwhile, was punished even worse. Once her reputation was established, whenever she was led into the experimenting chamber, the other tamarins ''would just go nuts,'' Chen recalls. ''They'd throw their feces at the wall, walk into the corner and sit on their hands, kind of sulk.''
* or even better in discussing what happens when the reward is risky (i.e. the monkey may either win a grape or lose a grape. (expected payoff was identical). It turns out that monkeys favored gambling to win, rather than to not lose. This is similar to people.
"In similar experiments, it turns out that humans tend to make the same type of irrational decision at a nearly identical rate...The data generated by the capuchin monkeys, Chen says, ''make them statistically indistinguishable from most stock-market investors.'"
I do not know whether to laugh or to be worried that the monkeys are as intelligent as the average investor! ;)
As an aside, Steven Levitt is good. He is smart, interesting, and I would suppose (I do not know him) he may even be a nice guy. But his PR person must really be something! Not only does Levitt teach at Chicago, but he also has a best-selling book (Freakonomics), he has a blog, he was also on C-span this weekend, and he writes a column for the NY Times.
Monkey Business - New York Times: "...economics is increasingly being recognized as a science whose statistical tools can be put to work on nearly any aspect of modern life. That's because economics is in essence the study of incentives, and how people -- perhaps even monkeys -- respond to those incentives. A quick scan of the current literature reveals that top economists are studying subjects like prostitution, rock 'n' roll, baseball cards and media bias."
So why not monkeys!?!? Sure enough, researchers are teaching mokeys to use money. Really! And much more. For example what happens when people (err, monkeys) don't cooperate? (they get punished), when they are too cooperative? (they get less food), and even when there are wealth effects or inflation (they are not always rational). Amazing stuff.
From the NY Times:
"...were fairly cooperative but still showed a healthy amount of self-interest: over repeated encounters with fellow monkeys, the typical tamarin pulled the lever about 40 percent of the time. Then Hauser and Chen heightened the drama. They conditioned one tamarin to always pull the lever (thus creating an altruistic stooge) and another to never pull the lever (thus creating a selfish jerk). The stooge and the jerk were then sent to play the game with the other tamarins. The stooge blithely pulled her lever over and over, never failing to dump a marshmallow into the other monkey's cage. Initially, the other monkeys responded in kind, pulling their own levers 50 percent of the time. But once they figured out that their partner was a pushover...their rate of reciprocation dropped to 30 percent -- lower than the original average rate. The selfish jerk, meanwhile, was punished even worse. Once her reputation was established, whenever she was led into the experimenting chamber, the other tamarins ''would just go nuts,'' Chen recalls. ''They'd throw their feces at the wall, walk into the corner and sit on their hands, kind of sulk.''
* or even better in discussing what happens when the reward is risky (i.e. the monkey may either win a grape or lose a grape. (expected payoff was identical). It turns out that monkeys favored gambling to win, rather than to not lose. This is similar to people.
"In similar experiments, it turns out that humans tend to make the same type of irrational decision at a nearly identical rate...The data generated by the capuchin monkeys, Chen says, ''make them statistically indistinguishable from most stock-market investors.'"
I do not know whether to laugh or to be worried that the monkeys are as intelligent as the average investor! ;)
As an aside, Steven Levitt is good. He is smart, interesting, and I would suppose (I do not know him) he may even be a nice guy. But his PR person must really be something! Not only does Levitt teach at Chicago, but he also has a best-selling book (Freakonomics), he has a blog, he was also on C-span this weekend, and he writes a column for the NY Times.
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