October 15, 2007

All along the watchtower...

Hey all,
I am getting out of my slump of late by throwing myself into school work :)

I continue to love Finance, and today I finally understood the greatest concept ever invented: arbitrage

It is amazing and whoever invented arbitrage should get a Nobel Prize. It is like you start with nothing, you make money, and by trying to make money you are actually working as a force to correct the market and price everything at the right level. No wonder investment bankers are rich: if you have the skill and instinct to be good at arbitrage in the real world - you deserve every penny you get.

This week also begins Q1 exams, with Marketing first, on Friday. People are already getting overwrought about that one. Go figure.

Something that you may not know about me, I define the periods of my life with music. Each major step or phase has a song that is the 'theme' or reminds me of the things I did or the people I met.

This summer in Russia, the theme song was 'Teenagers' by My Chemical Romance.

I have found the song for Wharton First Year Q1. 'All Along the Watchtower' was originally written by Bob Dylan, but definitively covered by Jimi Hendrix on 'The Jimi Hendrix Experience'. The the more you think about the lyrics, the more deep layers of meaning you reveal, but I urge you all to listen to the song and find out for yourself:

"There must be some kind of way out of here," said the joker to the thief,
"There's too much confusion, I can't get no relief.
Businessmen, they drink my wine, plowmen dig my earth,
None of them along the line know what any of it is worth."

"No reason to get excited," the thief, he kindly spoke,
"There are many here among us who feel that life is but a joke.
But you and I, we've been through that, and this is not our fate,
So let us not talk falsely now, the hour is getting late."

All along the watchtower, princes kept the view
While all the women came and went, barefoot servants, too.

Outside in the distance a wildcat did growl,
Two riders were approaching, the wind began to howl.

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