The Myth of Day Trading

Posted by David Siminoff on 12/13/18 8:00 AM
You watch the TV commercials. Some geeky guy on a boat with human decorations dancing around him. He gloats about how much he made day-trading. "All I did was..." and then he spouts what sounds like Greek. And in fact, a lot of it actually is. A few terms to consider: 
  • Alpha. It means "smarts", more or less. If you have a lot of it, you will have made good risk-reward-related bets in the land of investing and/or trading and you'll be that geek on the boat. 
  • Beta. Volatility. Risk. It's the key calculus driver in assessing the Street's view of how to price risk. 
  • Theta. Time, specifically the decay of time in options that creep slowly toward expiry. 
 
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Topics: Finance

5 Fun Facts to Break out at Holiday Parties

Posted by Shmoop on 12/11/18 9:20 AM

Holiday party season is about to begin so Shmoop is here to help. Whether you're noshing on latkes at a school shindig or avoiding the mistletoe at a family gathering, you're gonna need some conversation starters (or pivots).  

Shmoop's online courses are filled with inspiration and knowledge to help you tackle events like these with ease. Our suggestion? Use our Online Courses. They have more info than you can stuff in a stocking, and with a Shmoop subscription, you'll get access to all of 'em. No matter who you're chatting with, you'll have some fun facts to throw their way.

1. The internet exists thanks in part to the Cold War.

Your 12-year-old cousin probably thinks she knows everything about the interwebs. But you can teach her a thing or two with our  History of the Internet course, which will give you all the deets on how Sputnik scared people into wanting a better way to communicate. Thanks, dog-driven satellites.
 
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Topics: Literature

Student Loans vs Retirement: One is Already Winning

Posted by David Siminoff on 12/6/18 8:30 AM
Pink unicorns. Humans who fly (without tech help). Bigfoot. Nessie. Can we add "low-stress retirement" to that burgeoning list of myths in our modern society? 
 
How many times have you heard your grandparents mutter wistfully about a simpler time ? Money was different—looser, cheaper, and easier to come by. Pensioners (old people living on 401k-like savings) had enough money to cover their nut, or living expenses . They typically fully-owned their homes. There was a culture 50 years ago which shunned plastic (credit cards), debt in general (car loans), and viewed a mortgage as a 30 year loving slog to be paid off
 
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Topics: Finance

20 Examples of Awesome Personal Statements for College Application Season

Posted by Shmoop on 12/3/18 9:00 AM

College application season is officially in full swing. And as tedious as it is to fill out those zillions of fields on the apps, we all know the most stressful part is the personal statement.

So, allow us to inspire you with 20 examples of awesome personal statements. We've got something for everyone, no matter who you are. Whether you...

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Topics: College Prep

5 Books That Definitely Were Not Written in a Month

Posted by Shmoop on 11/29/18 9:00 AM

November is National Novel Writing Month, or NaNoWriMo, for those in the know. Here at Shmoop HQ, we keep trying to hit the 50,000-word mark, but year after year we come up short. To make ourselves feel better (and to procrastinate on the whole novel-writing thing), we came up with a list of books we're absolutely sure were not written in a month. 

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Topics: Literature

There is a bifurcation in America regarding access to public services.

Posted by David Siminoff on 11/27/18 8:14 AM
Recently, Alexis Madrigal wrote an article for The Atlantic taking umbrage (feigning surprise?) at the notion that there is a bifurcation in America regarding access to "public" services. The cover ran a picture of a big Malibu blaze from the recent fires and discussed, more or less, how appalling it was that the wealthy—who own large, expensive (and expensive-to-insure) homes... should have quasi-private firefighters called out to help them in times of need. 
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Topics: Finance

6 Dinners More Uncomfortable Than Your Family's Thanksgiving (Don't invite Beowulf over).

Posted by Shmoop on 11/22/18 11:00 AM
Thanksgiving is a time to reflect on what we're most grateful for. It's also a time to reflect on how incredibly awkward family dinners can be. But remember: you're not alone. To help you get through whatever shenanigans are planned for you this year, we've got a list of dinners that were definitely more uncomfortable than your family's Thanksgiving will be.
1. Indiana Jones and the Temple of Doom
Toward the beginning of Temple of Doom, Indiana Jones & co. find themselves at a classy nightclub dinner—fully equipped with a lounge singer. But when he's introduced to said singer, Dr. Jones grabs her and pushes a dinner fork into her side. Indy, did you learn nothing in school? That's the cold cuts fork. The stabbing-ladies fork is the second from the left  
 
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Topics: Literature

Who Shmoop’s NOT Inviting to Thanksgiving Dinner—Sorry, Holden Caulfield.

Posted by Shmoop on 11/21/18 10:30 AM

Shmoop counts down the 10 most ungrateful literary characters who are persona non grata for this year’s Thanksgiving feast.

Thanksgiving is a time to put aside all of your familial angst in the name of deliciousness, but after a hard day in the kitchen, Shmoop isn’t about to share with anyone who can’t spare a compliment to the chef.

Since Shmoop prefers its dinners to be low-drama and its guests thankful, here is Shmoop’s list of literary characters who will not be getting an invite this year. Shmoop’s ranked them from 10—allowed in if they bring a green bean casserole—to 1—never allowed in, even with a gourmet brined turkey. No offense, guys. It’s just that Peeta Mellark can both bake bread and say, “Thank you.” Maybe next year!

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Topics: and the wardrobe, charlie and the chocolate factory, ender's game, harry potter, king lear, medea, oliver twist, thanksgiving, the aenid, the catcher in the rye, the lion, the phantom tollbooth, the witch, top ten, Updates

EdTech in the Classroom Podcast—Best Online Educational Publisher

Posted by Shmoop on 11/18/18 1:58 PM

Last week we were lucky enough to sit down with Jeffrey Bradbury of EdTech in the Classroom. David Siminoff, founder of Shmoop University Inc., and Jeffrey, an educator and founder of the TeacherCast Educational Networkdiscuss Shmoop's versatility as a solution not just for students, but also a great tool for teachers. In a world where teachers are expected to do more with less, Shmoop tries to make life a little easier (to help you be able to have one) by providing online drills, courses, teaching guides, and more. Check it out. 

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Topics: Literature, Teachers

Why did they read The Great Gatsby at the Royal Wedding?

Posted by Shmoop on 11/16/18 12:25 PM
Lack-of-self-awareness should be a SuperPower, don't you think? Adverbially named Stan Lee was working on a Narcissus paradigm before his untimely death at 95. So when Eugenie had this passage from The Great Gatsby read at her Royal Wedding to Jack, tongues either wagged or remained pressed firmly in cheek. 
Why? 
 
Well, read it, for starters. The most gorgeous writings live in Gatsby. Every paragraph is either Angelina in her early 20s or Thor or his brother, pre-MalibuMiley fires. So here it is:
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Topics: Literature

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