A talk that dissects adverse selection: situations where buyers have information that sellers do not have, or vice versa. With interactive activities and analysis, the speaker examines how information asymmetry affect car buying and health insurance. When insurance buyers have more information than insurance sellers: assume most life-insurance buyers have a high risk of death, the insurance company that charges an average price for life insurance will lose money.
Tag: Waterloo
Currency Trading
Currency trading is the largest money market in the world. The market opens 24/5 and accommodates trillions of dollars of decentralized transactions per day. The speaker presents the basic framework and nomenclature in foreign exchange: bid, ask, spread, leverage. The types of orders that can be placed in a forex market includes: market order, exit order (take profit, stop loss, trailing stop), and entry order. Due to the relatively low fluctuations in currency, most forex traders hold a specific currency for a long time before trading.
Raw Denim Jeans
A thorough overview of raw denim jeans. The speaker showed pictures of how denim jeans age over time, with before and after photos of washing the jeans in the bathtub and the ocean! The talk also explained how some raw denim jeans are weaved (“selfedge”)and produced, and demonstrated the differences between normal and raw denim jeans with real jeans he brought. He also described the environmental impact of mass produced jeans (a river that flows blue from the indigo).
The Otaku Anime Industry
The speaker examined the otaku anime industry’s content, business models, and targeted consumers. For the male-dominated sub market, the anime foster a feeling of adoration (“moe”) in its viewers for the girls depicted. The industry as a whole produces content that appeals to niche avid followers rather than pleases the mass crowd. People tend to become increasingly invested into purchasing merchandize. Many viewers enjoy this genre because it reminds them of the happy and carefree times of high school and youth. Many accept this life style of anime over real people due the mentality of “it can’t be helped.”
Your Thing is A Thing
An interactive talk that ask the audience to come up with answers to insightful questions such as “what were you fascinated with when you were in kindergarten? What is the insight you have about your field of expertise?” Through these questions, the audience explored a more wholesome way to find fitting career options and to represent themselves in ways other than a cookie cutter resume.
Group Meditation Session
A guided visualization group meditation – imagine sitting by an ocean, breathe in as the waves brush your feet, breathe out as the waves retreat. Visualize sending out positive energy to the entire world as you breathe out.
10 Day Silent Meditation
A free-form Q&A on the speaker’s experience at a 10 Day Silent Meditation Retreat. The form of meditation taught is one of the purest in this world, because the content has been carefully passed down.
The Mechanics of Watches
Watches aren’t just things enabling you to wear time on your wrist, they’re delightfully intricate machines with emotional and stylistic value. JK tells about the details of watches that most people take for granted and why they’re part of his passions.
The Art of Tidying
Do you avoid home to study because it’s too messy? Are you overwhelmed every time you have to move by just how many things you have? Then you might need to tidy. But this isn’t your mother’s tidying (unless your mother reads Marie Kondo), this is the art of being able to let go of the things you don’t need anymore and finding the stuff that sparks joy in your heart.
Learning Night 