NYU Stern：Volatility

http://video.ft.com/v/62063395001/NYU-Stern-Volatility

　　This article is a speech mainly about volatility of financial markets, which was gave by Robert Engle, a professor of finance at the Stern School of Business of NYU and also the winner of the Nobel Prize for volatility research in 2003. He uses lots of graphs to demonstrate his ideas and conclusions to us. It’s a great video which not only gives us a global perspective on volatility but also lets us have a brief understanding about how a professor of finance gives speeches to his students in America. It’s very different from our experiences in Taiwan.

　　It seems like most of students studying finance have strong interests in discussing how to use all kinds of financial instruments to make money, but what interests me the most is how volatilities change across different countries. Volatility is such an important index which points out a country’s financial condition and the distribution of news is sound or not.
　　
　　As a student studying finance in Taiwan, a relative democratic country which is also highly influenced by Capitalism, we should not only focus on what we can gain through financial markets but also think about what we can do for the Asian financial market in such an awful period. Gradually improve our ability in financial event analyzing and keep absorbing information in different aspects is important.