Week 1 Discussion COLLAPSE
Two Rules in Investing
In the HBO video above, Warren Buffett discusses Graham’s two rules of investing. In addition, you have read about the role of the CFO and how finance managers work every day to ensure their company is a value to their investors and owners. Take a minute to reflect on your experience with finance and what you want to learn about investing.
Introduce yourself and tell us if you have any financial management responsibilities in your current or former job(s), such as department budgets, or developing sales, marketing, operational, or other strategic plans.
What experience do you have investing in stocks, and what would you like to learn more about?
This week only, post your initial response by Friday, midnight of your time zone, and reply to at least 2 of your classmates’ initial posts by Sunday, midnight of your time zone.
NOTE: In Weeks 2 through 10, your initial response is due by Wednesday, midnight of your time zone.
1st person to respond to
My name is Keaton Hicks, and I am 25 years old and recently married. While my wife and I don’t have any kids yet, we do have 4 cats and 2 dogs that keep us very, very, busy.
Currently, I am working for a nuclear power plant in the Midwest as an engineer. My career started in the Spring of 2020 after graduating from Kansas State University with a Bachelor of Science in Mechanical Engineering in December the year prior. To keep it short and sweet, my main job function is to solve and prevent equipment issues which more often than not requires a lot of calculations (I know, fun).
As an individual contributor, the extent of my financial proficiency at work is limited to Purchase Orders and budget requests. My goal with these financial courses is to learn concepts and tools that may be useful to me in the future as I progress in my career.
As far as stocks go, my experience and knowledge is very basic, but I am very excited to learn in this course and utilize learned concepts into real life.
2nd person to respond to
My name is Quentin Acord. I am an Admissions Officer for JWMI, specializing in first contacting international students. My duties are to reach out to the hundreds of potential students we receive daily and find those like you. It’s possible we spoke over Whatsapp before being connected to your permanent AO. My job doesn’t really interact with JWMI’s budget much at all. The only exception is that we do work closely with the Marketing Department, as we help them make sure they are spending their budget as efficiently as possible.
I have essentially no experience with the stock market. My wife handles our finances, including our personal investments. That said, I am strongly considering entrepreneurial opportunities after completing the program and, in a perfect world, eventually becoming a publicly-traded company. Thus, I am interested in learning more about how a company’s performance can affect its personal stock price.
I am looking forward to learning with all of you.