UoM General Chat

[Starlight]

And also no girls show any interest in me at all besides a few.  feelsbadman

I think you're looking too much into this...

[mark_alec]

You say you "have made a few friends" and "a few" "girls show ... interest in me" so what is the problem? Have you tried joining any clubs?

[loke]

failed my comp10001 midsem shoot me now...

[seretide]

failed my comp10001 midsem shoot me now...

Hey man don't take it too badly... 10% sure is important, but it wont kill you. Just make sure you prepare for the exam! That's were you can pull yourself back - good luck

[MelonBar]

Wtf I don't know why I'm finding Finance 1 so difficult... like I don't understand the textbook's explanation of how market risk can be blocked by hedging exposure through derivative contracts. Anyone got any idea? I'd ask a teacher but it will take days to get an answer!

[Greatness]

Derivatives can be an option, swap or forward contract (there are probably others but these are what I recall).
Suppose the current price of gold is $1500 per ounce and you believe in 3 months time it will increase by $50 so you can enter a forward contract with someone such that you will sell an oucne of gold to them for $1550 to make a $50 profit. This is a speculative move. Also, you would have to buy the gold right now at $1500 so you have the gold to sell.
For hedging it would be something like you need gold for your business and you need to sell whatever you produce for $1600. Since the price of gold will fluctuate and you can make a loss, you would enter a forward contract that allows you to purchase gold for $1500 in the future. As such you've hedged the market risk.
That's the general idea, but I may have gotten some details wrong. Hope it helps

[MelonBar]

Derivatives can be an option, swap or forward contract (there are probably others but these are what I recall).
Suppose the current price of gold is $1500 per ounce and you believe in 3 months time it will increase by $50 so you can enter a forward contract with someone such that you will sell an oucne of gold to them for $1550 to make a $50 profit. This is a speculative move. Also, you would have to buy the gold right now at $1500 so you have the gold to sell.
For hedging it would be something like you need gold for your business and you need to sell whatever you produce for $1600. Since the price of gold will fluctuate and you can make a loss, you would enter a forward contract that allows you to purchase gold for $1500 in the future. As such you've hedged the market risk.
That's the general idea, but I may have gotten some details wrong. Hope it helps

Thank you so much!

God I wish all the textbooks explained concepts just as you did.

[jinny1]

guys what week is this??

We have an anatomy prac in week 8 and i don't know if tomorrow is week 8 or not

[simpak]

Yeah tomorrow is Week 8 (somebody shoot me).  Ughhh I have a midsem on Tuesday and it's for a subject that only has one midsem and includes like every lecture up until week 8, how is this a midsem?  2/3sem.

[aaackk]

which subjects force bell curve?

[sadboy222]

WHY IS THE STUDENT PORTAL SO ***** I NEED TO LOG IN URGENTLY AND IT DOSNT LET ME FFS

[vcestudent94]

What is this supplement you speak of lol? I'm looking at the handbook and can't find anything, and I don't remember Mangelsdorf mentioning anything

It mentions it in the Calc 2 Exercise Booklet, like for example on sheet 5 it says "Read section 7.2 from the textbook and section 16.2 from the differential equations supplement before attempting these questions."
I have the textbook but not the supplement.

[golden]

WHY IS THE STUDENT PORTAL SO ***** I NEED TO LOG IN URGENTLY AND IT DOSNT LET ME FFS

Try lms.
lms.unimelb.edu.au.

[sadboy222]

Try lms.
lms.unimelb.edu.au.

i can log on there it works? but i need student portal

[golden]

For what reason? There may be a way to get there using lms.