The big day finally came. Was I prepared? No. I’d forgotten about three quarters of the formulas and ratios I’d tried to memorize. I still don’t quite “get” fixed income trading, or technical analysis. My head swam as I tried to keep my sigmas and betas straight.
I’ll be lucky if I break into the top cohort of failures, let alone pass. Better luck in June, I suppose.
But most importantly, I learned something today, something that has nothing to do with financial analysis, economics, or remembering the difference between accounting for amortization and depletion, or Chebyshev’s inequality and the Sharpe ratio.
I got a taste – a tiny one – of what it feels like to be a Chinese student.
Hypercapitalists in Toyland 