Thursday, March 29, 2007

Ron Insana at SMU for the William O'Neil Lecture Series

Unfortunately, I could not attend the lecture of Ron Insana, but after reading the various articles written by my peers and CNBC, I am left with quite a few questions.

First, the premise of the lecture was to inform students on how to use the stock market and its flucuations to thier advantage. Supposedly, one can tell major policitcal events, economic changes, and national catastrophes before they happen by the stock market. This idea is comepletely foreign to me. How is that at all possible?

I, for one, am not the biggest economics expert or understand financial ongoings at all. I wish I did, maybe then I could have picked a major that will pay me big bucks, instead of the low paying, high hours, reporting jobs I am up for. But isn't going to college and picking a major all about what you love to do? Finding your dream job? your passion? Or is it just about finding the hot new career with the big money?

I guess I am a little bit of a dreamer, a romantic optimist, and still believe life is about the blood, sweat, and tears you put into your work, your art, your passion. For me, that is a job that doesn't pay the big money in the beginning but offers rewards to me like traveling, talking to people, getting down to the information of whats happening in our communities.

For others, like Insana, they may find joy in reading the stock market, predicting events, and being ahead of the everyday person like me. I guess that is why SMU invited Insana. To share his wisdom and knowledge to us, the next generation of leaders. And so for that, I am really bummed I missed the lecture, because I am in the most needing of that information.

1 comment:

jrichard said...

Hmmn. I would have hoped you could have answered your question by reading the news stories.

Perhaps you could have critiqued them?

I confess I'm a little resistant to your assertion that watching economic trends is somehow avoiding the "blood, sweat and tears" of our industry. If anything, I've found students resistant to the idea of accounting or finance research because it involves more tedious work than they are willing to put up with.

We'll talk more about this in class.

Not a bad post, considering you missed the lecture.