Video Resource: What Can “Gangnam Style” Teach Us About the Stock Market?
From PBS NewsHour (8 minute clip):
http://video.pbs.org/viralplayer/2365419657
Questions to prime students prior to watching video:
- What did the popularity of the “Gangnam Style” have to do with the stock price of South Korean semiconductor company, DI Corp.?
- What is the efficient market hypothesis?
- Does the efficient market hypothesis allow for “bubbles” or other irrationality in the stock market?
- What effect does CEO interviews on CNBC have on their company’s stock price? Why?
- What does a CEO’s attractiveness have to do with a company’s success?
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Check out the NGPF lesson on Introduction to the Stock Market
About the Author
Tim Ranzetta
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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