Pick 10x beta stocks and you'll get the same result...
Give me someone else's money I'll lever up and make 4200% return. Or -100%.
Pick 10x beta stocks and you'll get the same result...
political correctness, lack of standards, grade inflation, lack of discipline and general waste, fraud and abuse.
a few examples....
We have a goal in this country for everyone to get a high school diploma. Good goal, however it means we must set the bar so low that everyone can pass.
Class sizes. A good teacher with good kids can be much larger that a bad teacher with bad kids. Yes that means we a better off grouping kids by their ability.
All teachers are paid based on years of experience, not results.
We know there are failing schools, yet we do nothing about it.
Even students know who the bad teachers are, but nothing is done.
it is time for major reform in education.
We don't spend 3x as much as other countries.
A little less than 2x is more accurate. But rememeber, we have to build $75 million stadiums for kids to play football in!
http://www.dailyplunge.com/tag/per-pupil-spending-by-country/
Most of the blame comes from parents and urban culture where being smart is looked down apart or even viewed as selling out.
Look at 60 minutes: http://www.cbsnews.com/stories/2010/05/21/60minutes/main6506911.shtml
inner city school boarding school with I think 100% college acceptance rate
basically that is how much attention is required once kids reach junior high to pretty much undo everything.
Pretty crazy since 90% of the people I grew up with take college for granted.
if you have a chance to listen to http://www.thisamericanlife.org/radio-archives/episode/364/going-big
than listen to act 1 it really is an amazing piece.
I would be curious to see statistics for the kids who DON'T get picked. Just applying indicates some motivation lacking in the general populace.
