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Economics

[2527] Understanding indices

[audio:20120322BfmIndices.mp3]

Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved
So I found myself on BFM radio last week, talking about indices. I thought I sort of flustered a little bit and I answered a particular question quite unsatisfactorily. The host asked, why the change is more important than the actual level.

I should have said, because the base is really arbitrarily chosen. Because it is arbitrarily chosen, the level is meaningless most of the time, especially without ranking as reference.

Listen to the interview and you will know what I am talking about.

By Hafiz Noor Shams

For more about me, please read this.

One reply on “[2527] Understanding indices”

Why were you so nervous in the beginning?
First time?
I remember my first speech, and I almost had a nervous breakdown.
Swore to myself to never feel like that again. At least now I can actually look the audience in the eye.

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