• Assent of Money Videos

We will use episode one of this four part series, but the entire documentary is worth watching.

• Behaviorial Economics
  • Daniel Kahneman - Explorations of the Mind: Intuition: Kahneman is a psychologist who received the 2002 Nobel Prize in Economics for his work in behavioral economics. Ask yourself: Is the assumption in economics of a super-rational actor correct? If not, what are the implications?
  • Dan Ariely-Predictably Irrational: Ariely has written a great book on behavioral economics, and has also created several videos, which correspond to the chapters in his book. Watch the Predictably Irrational Videos.

• Bell Curve (Normal Distribution)
  • Central Limit Theorem Simulation
  • Central Limit Theorem Video
  • Random Walk (Brownian Motion) Simulation
  • Random Walk in One Dimension (See it build into a bell curve distribution)
  • Probability Calculator
  • Taleb and Roubini explain the "Fat Tail" problem
  • Economist: Fat Tail Explanation Vidoe

• Finance Math Slides

• Five Colors of Financial Insturments Presentation

• Fraud

This Wikipedia page lists several types of scams, as well as several famous crooks.

• Is the Time Value of Money a Fundamental Law?

• Monty Hall Problem
  • Simulation
  • Simulation
  • Explanation Video

• Nassim Nicholas Taleb's Website

We will be discussing Taleb's ideas about risk in this class. You can find numerous videos and articles on his website.

• Teach Me Finance Website
  • Time Value of Money Video

• Warren Buffett Charlie Rose Interview

This is Charlie Rose's 2007 interview with Warren Buffett.

• Warren Buffett talks Business

Buffett discusses his ideas about business with students.

• What is it Worth? Presentation

This presentation expalins different valuation concepts.

• What is it Worth?

Use this spreadsheet to value assets based on cash flow.

• Valuation Activity Instructions