"I just gave you a golden gift. Will you use it?"- MBA class discussion about investments
Last night while in class we discussed investing in ETFs(Exchange Traded Funds). For the last couple of weeks the students have been buying and selling ETFs using statistical techniques that I shared with them.
Even though the techniques are valid and can be used for mutual funds, stocks, and ETFs, I doubt that any one of the students will ever use the techniques for their own investments. They are intended for the students to learn how to construct a system. If they don't like mine then they can create their own.
Will they? If they do not use the one that I created then I doubt that they will ever create their own. They will seek the advice of a broker..... which will leave them broke... A golden gift completely ignored.
Today's question is:
"What golden gifts are you ignoring?"
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