Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Brain Teasers You’ve got a 10 x 10 x 10 cube made up of 1 x 1 x 1 smaller cubes. The outside of the larger cube is completely painted red. On how many of the smaller cubes is there any red paint? Answer Larger cube is made up of 1000 smaller cubes. The easiest way to think about this is how many cubes are NOT painted? 8 x 8 x 8 inner cubes are not painted which equals 512 cubes. Therefore, 1000 – 512 = 488 cubes that have some paint. Quantitative Finance Society Asset Classes 3 Announcements Upcoming Presentations: Anatomy of a Trade Derivatives Portfolio Invites Successful candidates will be receiving an email today about our portfolio meeting tomorrow Market Update: The Macro View 5 Asset Classes Equities Fixed Income Currencies Commodities Alternatives 6 What determines the price of a security? Supply & Demand 7 Equities What determines the price of a stock? Everyday movements, news Volume Market Psychology Multiples (Comparables) Earnings, P/E EV/EBITDA ETFs www.trefis.com 8 Equities Different sectors, different way to value Healthcare Tech Telecom Financials Consumer Discretionary Consumer Staples Utilities Industrials Energy Materials 9 Fixed Income Governments Rates – GDP, unemployment, inflation Corporates Credit + Rates Mortgages Credit + Rates Ratings Investment Grade, High Yield, Crossovers 10 Currencies Directly related to rates Purchasing Power Parity (PPP) Balance of Payments Carry Trade, Interest rate differentials Country-specific trade characteristics USD, EUR, JPY, GBP, CHF CAD, AUD, NZD, SEK, NOK 11 Commodities Gold & Precious Metals Oil, Natural Gas, other Energy Agricultural 12 Alternatives Private Equity Venture Capital Hedge Funds Real Estate Collectibles 13 Questions? 14