Category Archives: Extra Credit

Ed Thorp extra credit opportunity

Here is yet another extra credit opportunity for Finance 4335. You may earn extra credit by listening to and reporting on the 1 hour, 40 minute podcast hosted by Barry Ritholtz’s Masters of Business podcast (link provided below) entitled “Ed Thorp, the Man Who Beat the Dealer and the Market”.  Among other accomplishments, Dr. Thorp  discovered an options pricing formula well before the Black-Scholes formula was ever published.

In order to receive extra credit for this assignment, you must submit (via email sent to fin4335@garven.com) a 1-2 page executive summary of what you learned from this podcast; it is due by no later than 5 p.m. on Friday, November 22. This extra credit assignment will replace your lowest quiz grade in Finance 4335 (assuming the extra credit grade is higher).

Ed Thorp, the Man Who Beat the Dealer and the Market
https://www.stitcher.com/podcast/bloomberg/masters-in-business/e/50784420?autoplay=true

Bloomberg View columnist Barry Ritholtz interviews Ed Thorp, one of the most storied people in finance. A math professor at MIT and UC Ivine, Thorp figured out how to beat Las Vegas at blackjack and baccarat, created statistical arbitrage, and ran a hedge fund that not only beat the market by a wide margin, but never had a losing quarter. He is the author of several books, including “Beat the Dealer” and “Beat the Market”; his latest book is “A Man for All Markets.” Thorp tells Ritholtz that the secret to beating the market is having an edge that’s specific, definable and mathematical. If you don’t, you should be in index funds instead.

Baylor Conversation Series – Yet Another Finance 4335 extra credit opportunity!

I have decided to offer the following extra credit opportunity for Finance 4335. You can earn extra credit by attending and reporting on the upcoming “conversation on civil discourse” featuring Robert P. George and Cornel West. This event is scheduled for Friday, November 15, beginning at 1:30 pm in Waco Hall.

If you decide to take advantage of this opportunity, I will use the grade you earn on your report to replace your lowest quiz grade in Finance 4335 (assuming that your grade on the extra credit is higher than your lowest quiz grade). The report should be in the form of a 1-2 page executive summary in which you provide a critical analysis of the George/West conversation. In order to receive credit, the report must be submitted via email to fin4335@gmail.com in either Word or PDF format by no later than Monday, November 18 at 5 p.m.

Mark your calendars – Yet Another Finance 4335 extra credit opportunity!

I have decided to offer the following extra credit opportunity for Finance 4335. You can earn extra credit by attending and reporting on Tim Harford’s upcoming talk entitled “50 Inventions that Shaped the Modern Economy”.  (You have already learned about 2 of the 50 inventions in previous risk management blog postings: Insurance and the Index Fund).  Mr. Harford’s talk is scheduled for Thursday, November 14 from 5:15-6:30 p.m. in Foster 250.

If you decide to take advantage of this opportunity, I will use the grade you earn on your report to replace your lowest quiz grade in Finance 4335 (assuming that your grade on the extra credit is higher than your lowest quiz grade). The report should be in the form of a 1-2 page executive summary in which you provide a critical analysis of Ms. Semcer’s lecture. In order to receive credit, the report must be submitted via email to fin4335@gmail.com in either Word or PDF format by no later than Monday, November 18 at 5 p.m.

 

Mark your calendars – Finance 4335 extra credit opportunity!

I have decided to offer the following extra credit opportunity for Finance 4335. You can earn extra credit by attending and reporting on Catherine Semcer‘s upcoming talk entitled “Saving Africa’s Wildlife: The Failure of Hunting Bans and Success of Entrepreneurial Solutions”.  Ms. Semcer’s talk is scheduled for Thursday, October 17 from 5:15-6:30 p.m. in Foster 250.

If you decide to take advantage of this opportunity, I will use the grade you earn on your report to replace your lowest quiz grade in Finance 4335 (assuming that your grade on the extra credit is higher than your lowest quiz grade). The report should be in the form of a 1-2 page executive summary in which you provide a critical analysis of Ms. Semcer’s lecture. In order to receive credit, the report must be submitted via email to fin4335@gmail.com in either Word or PDF format by no later than Monday, October 21 at 5 p.m.

 

Extra Credit Opportunity for Finance 4335 (repost)

(This is a repost that corrects various typos in the original; follow the instructions provided here instead!):

I have decided to offer the following extra credit opportunity for Finance 4335. You can earn extra credit by building an Excel spreadsheet which replicates the Standard Normal Distribution Function table that appears on the course website for z values ranging from 0 to 3 . This is actually not a particularly difficult exercise, since all it requires is building a 32 row by 11 column spreadsheet in which cells B2 through K32 reference sums of column A numbers (which begin at 0.0 in cell A2 and increase by .1 increments, ending at 3.0 in cell A32) with row 1 numbers (which begin at 0.00 in cell B2 and increase in .01 increments, ending at 0.09 in cell K1), using the “=NORMSDIST(z)” command.

This extra credit assignment must be emailed as a file attachment to fin4335@gmail.com by no later than Friday, September 13 at 5 pm. I will use your grade on this extra credit assignment to replace your lowest quiz grade in Finance 4335 (assuming that your grade on the extra credit is higher than your lowest grade).

Feel free to email me (James_Garven@baylor.edu) or call/text me at 254-307-1317 if you have any questions concerning this assignment.