Thoughts & Observations by Chris

Professor of Finance at Georgetown University.

Little Strokes Fell Great Oaks

26 Feb 2020 1 minute read 0 comments ReviewAndAnalysisChris [CH]

Immanuel Kant's Categorical Imperative states:—Act only according to that maxim whereby you can, at the same time, will that it should become a universal law. In other words, one should pursue an action only if they would be happy to engage in this a...

The Right Answer Is Wrong

25 Feb 2020 1 minute read 0 comments ReviewAndAnalysisChris [CH]

When my finance students ask me to describe the right way to answer a question, I always remember an apocryphal story about a physics student at the University of Copenhagen who once faced the following challenge: Describe how to determine the height...