These reports we are getting published are not what were in business for. My mentor is doing this to help build credibility for EL CAP and to hopefully attract some clients. Next week my mentor wants me to help him write another report on asset based fees compared to what EL CAP is offering. Overall I am having a lot of fun working for my mentor and am learning more than I ever though I would have. If anyone is interested about the economy tomorrow wednesday the 3rd the Fed releases their plans for QE2 at 2:15pm.
Tuesday, November 2, 2010
ETF vs. Mutual Funds
As I have mentioned before my mentor sent me with some hw to learn more about ETF and Mutual funds. It turned out my mentor was in the middle of another report and wanted me to brush up on the subject so I could help him produce the report. In the end we agreed upon a conclusion and finished up the report. In only two days it was published on business insider again and within 24 hours there has been over 1,300 hits. If you want to read the report its not long (http://www.businessinsider.com/etfs-designed-by-traders-for-traders-2010-11)
Subscribe to:
Post Comments (Atom)
Wow, that's pretty cool Matt! I am glad you were able to help him out with his own projects and it's also pretty cool that so many people have already taken a look at it. When I read it, I noticed your name wasn't attached as one of the authors, hopefully your mentor isn't taking all the credit! You seem like a really valuable asset to your company and it's nice hearing that you are having a lot of fun with it overall. :)
ReplyDeleteI find finance really interesting, although ultimately very difficult to figure out. I guess that's why there's still money to be made there - too complicated for most people to adequately understand.
ReplyDeleteThe QE2 did have the effect of depressing interest rates again. Lousy if you have a savings account, but pretty good if you're buying a house, as I am. Seems like it would be better to invest in hard assets like gold, or real estate (assuming real estate won't tank further, which I don't think it will in Burlington, anyways); rather than sticking it in a bank account.
Read a great book last summer you might be interested in: The Myth of the Rational Market, which is basically a history of the academic study of finance. You should check it out!
One other thing - seems like this research is designed to build market recognition. Is it a form of responsibility in some way? Connected to CSR in any way? Or is that too much of a stretch? Just wondering ...
Looking forward to further posts,
Craig
How big is the place you work for? I am sorry if you already mentioned it. I'm curious to see how different the work environment is for an intern in a large corporation like Foodscience compared to a smaller company. By working for a smaller company do you get more face time with your mentor than Molly, Erica, and me? My mentor Christie has to deal with a lot of different things at one time so sometimes it is hard to get a hold of her to sit her down and help me out. It is understandable because Foodscience Corp has over 100 employees.
ReplyDeleteThat's awesome your so involved in doing these reports with your mentor! It's very interesting that as an intern they would have you help publish reports. It must be a great learning experience for you and a big confidence booster as well! I'm glad you feel your learning more than you expected and are enjoying it as much as you are, I know it helps the day go by faster when you like what you're doing. I hope the remaining weeks at your internship continue to go well and I'll be looking forward to hearing your next post. ~Eric Williams
ReplyDelete