i was being sarcastic. capm is pretty much junk. it's something academics created so they can get paid and win that nobel prize. it's funny how the big boys sandbag. they say one thing and they do the opposite. markets are a shark tank. swim fast and strong or else you are going to be a tasty meal.
Week 1 Notes The focus of the first class was "So you want to be a portfolio manager? Looking at: Investment Return Reward/Risk Ways of measuring fund performance Introduction of several performance metrics Sharpe Ratio reward/risk how to calculate Homework video Tucker shows how to download historical info from Yahoo finance. Download 50 days of AAPL historical prices Save to spreadsheet csv Open data in Excel --- very good demo Calculate Total Return and Daily Return and StdDev and Sharpe Mechanics of the market Order types Short Selling Arbitrage Interview with Paul Jiganti of Think or Swim as a trader's perspective of market makers ========== Very basic info -- setting the table for next week were he will introduce a Python script to download a number of stocks and then compare by risk metrics. A lot of discussion on the class forums on the relative merit and disadvantages of particular performance metrics Excellent reading materials to start to learn about Python to be used in next week's class. Easy - interesting -- a lot of material for the first class ---