March 2011

BP Trading Simulation Challenge

March 30, 2011

(Sandusky, Ohio) Crash and burn. I saw the BP’s participation certificate tucked somewhere on my table and decided to recount the event that occurred few weeks ago. BP came to campus and provide a trading simulation exercise on crude oil. It was supposed to be a competition among all the participants doing thee simulation. I [...]

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Competitive Strategy Game: Week 6 & 7

March 25, 2011

(Boston, Mass.) Chapel within Boston University. Basically, there are not a lot of changes within this two period. Each firms are playing cat and mouse with each other. My group has been trying to undercut each other in the effort to drive other firm out of the competition. Considering the short period of time left, [...]

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Competitive Strategy Game: Week 5

March 11, 2011

(Providence, Rhode Island) Fear not the ambiguity that lies in front of you. Market update for the previous period produced a lot of headache, for me especially.  We were too greedy in Market A and did not expected another new entrant to undercut us so much as the was an equilibrium with other firms in [...]

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Stories from Class

March 10, 2011

(Orlando, Florida) Hogwarts School of Magic: It’s all magic to me. Here’s two laugh worthy stories from one of my classes this week. That’s why it’s nice to study in Michigan, the faculties here are blessed with great experiences, and often funny encounters. Story 1 This story was from a professor’s experience in the 80’s. [...]

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