This scenario actually took place about two weeks ago in a corp. fin. class. The professor asked what a 'proxy' was..and this is what ensued:
1st girl called on: "I don't know" (probably the smartest answer up until I spoke 4th).
2nd guy called on: "it is an approximation" (fucking moron).
3rd guy called on: "a temporary number" (equally useless response).
Thoughts? I was quite frankly too disgusted to laugh at the time, but it is quite amusing.
| +89 | GF doesn’t care about her looks | 57 | 48m | |
| +59 | Affair with my Associate… In Desperate Need for Advice | 23 | 21h | |
| +49 | How to sound more eloquent? | 17 | 9h | |
| +38 | 400k/year in HVAC sales? | 26 | 1d | |
| +33 | Would you rather live alone in an outer borough or with roommates in Manhattan? | 23 | 2d | |
| +33 | WSO Ranking On Resume??? | 8 | 2s | |
| +27 | Why do people listen to Jim Cramer Investing Advice? | 11 | 2s | |
| +27 | Carnivore Diet | 12 | 40m | |
| +26 | Is my boss gaslighting me? | 3 | 21h | |
| +23 | Chaotic Insane investment banker who passed away in the 90s or 2000s | 12 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
If you knew it all moron why did you attend the class?
Your classmate are learning. I can't wait to interview brats like you @#$%!
Hmm, you misunderstand my intentions. The question was asked in reference to a proxy in general (unrelated to finance). I cannot believe someone thought a proxy was short for 'an approximation'. I do not nearly profess to know it all, nor am I a brat (far from it), but I am bright enough not to volunteer information that I do not know. This story is only justification for a stronger english & literature requirement for undergrad students.
Does this really warrant posting? I can think of much dumber things I hear on a day to day basis.
that I've heard proxy used correctly as approximation, i.e. that number proxies another as an estimation. but maybe its just a stretch of formal definition.
At tempore laborum error et ab. Eum in labore deserunt tempore. Error exercitationem nisi omnis itaque quibusdam eum.
Quasi minima temporibus facere culpa. Et cum sequi veniam nam modi labore et. Distinctio soluta ipsam quia enim voluptatem ullam fugit. Adipisci iste at velit quaerat sint vel et quod. Similique ipsa molestiae illum culpa sint minus consequuntur. Pariatur explicabo qui rerum porro. Voluptatem assumenda unde vel numquam qui eos excepturi eaque.
Totam possimus eum molestias fugiat. Cumque doloribus autem repellendus cumque sed. Aut nemo impedit nesciunt saepe. Ad impedit fugit aperiam eveniet rem. Eligendi natus ea qui amet atque repellendus temporibus. Quisquam commodi eos voluptatem voluptatem. Voluptas molestiae dolores voluptate quod laboriosam neque qui voluptas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...