Thursday 9 October 2008

Bunking off

Yesterday was a lovely autumnal day. The afternoon sun shone brightly on red, yellow, green leaves, and long shadows lay across the Northamptonshire hills around Towcester.

One of us students had this brilliant idea of going over to the Towcester races if the weather was good, and it was. So one third year, two second years and a first year nipped over there for the afternoon. We all got some work done in the morning, and enjoyed the sunshine and atmosphere at the races. We lost money. :(

The first year student is researching financial behaviour, and he runs our investment club. He didn't take the (recently reduced) funds of the club, but perhaps choosing which horse to stake your money on isn't much different from choosing where to buy your shares.

Why aren't I researching such pleasant environments as race tracks? There must be something researchable in the racing business.Perhaps there's social capital to develop there.

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