Random Walk Down Wall Street essays

Random Walk Down Wall Street essays Burton G Malkiel, the author of A Random Walk Down Wall Street, gives me the reader an easy way understand information about personal investing in todays stock market. The book is divided into four parts: Stocks and their values, the new investment technology, a practical guide for random walkers and other investors, and how the pros play the biggest game in town. This book reflects on many different aspects for a individual on what are the best ways for that person to invest their money. The title of this book means to me that one person is not able to predict the future value of a stock by looking at the history of what it has done in the past. Therefore, in this new revision, Malkiel reflects on his theory that the market is impossible to beat whether one is an expert or not. His knew theory now states that it might be possible to beat the market due to surtin techniques of stock selection. This book gives you the general guidelines in becoming a smart investor on Wall Stre et. The one theroy that made the most sense to me was Castle-in-the-Air. This theory states that no stock has intrinsic value. the only value a stock has is what people are willing to pay for it, According to this theory. I like this theory because, it not only applies to stock value, it applies to every private good. Someone in chicago would pay a lot more for an umbrella than someone in the Sahara desert. I agree with this, but the technical analysis I do not understand completely. Why would I Looking at the past trends to predict the future trends. For what reason would I do this, I find this stupid and ridiculous. I am not sure how to state this but I will try, Trends are set by the environment that surrounds it I understand, but isnt the environment under constant change, so in my opinion how could the past predict the future stock to rise. The fundamental analysis, is more random than any other ...

Dimorphodon Facts and Figures

Dimorphodon Facts and Figures Name: Dimorphodon (Greek for two-formed tooth); pronounced die-MORE-foe-don Habitat: Shores of Europe and Central America Historical Period: Middle-late Jurassic (175-160 million years ago) Size and Weight: Wingspan of four feet and a few pounds Diet: Unknown; possibly insects rather than fish Distinguishing Characteristics: Large head; long tail; two different types of teeth in jaws About Dimorphodon Dimorphodon is one of those animals that looks like it was assembled wrong out of the box: its head was much bigger than that of other pterosaurs, even near-contemporaries like Pterodactylus, and seems to have been borrowed from a larger, terrestrial theropod dinosaur and planted on the end of its small, slender body. Of equal interest to paleontologists, this middle- to late Jurassic pterosaur had two types of teeth in its beaked jaws, longer ones in front (presumably intended for snagging its prey) and shorter, flatter ones in back (presumably for grinding this prey up into an easily swallowed mush)- hence its name, Greek for two shapes of tooth. Discovered relatively early in paleontological history- in early 19th century England by the amateur fossil-hunter Mary Anning- Dimorphodon has occasioned its share of controversy, since scientists didnt have a framework of evolution within which to understand it. For example, the famous (and notoriously cranky) English naturalist Richard Owen insisted that Dimorphodon was a terrestrial four-footed reptile, while his rival Harry Seeley was a bit closer to the mark, speculating that Dimorphodon might have run on two legs. It took years for scientists to realize that they were dealing with a winged reptile. Ironically, according to the latest research, it may be the case that Owen was right after all. The big-headed Dimorphodon simply doesnt appear to have been built for sustained flight; at most, it may have been capable of fluttering clumsily from tree to tree, or briefly flapping its wings to escape larger predators. This may have been an early case of secondary flightlessness, since a pterosaur that lived tens of millions of years before Dimorphodon, Preondactylus, was an accomplished flyer. Almost certainly, to judge by its anatomy, Dimorphodon was more accomplished at climbing trees than gliding through the air, which would make it the Jurassic equivalent of the contemporary flying squirrel. For this reason, many experts now believe that Dimorphodon subsisted on terrestrial insects, rather than being a pelagic (ocean-flying) hunter of small fish.