Well, another week has gone and my Lit Review Outline is in a pretty weird stage: I'm having difficulty figuring out how to open my paper: I think I have a solution though, and I need to talk about it with someone this week.
Anyways, I need to come clean about my feelings this week, so lets get into it before I think too much.
So on thing that I'm feeling really good about is actually choosing the companies that I want to analyze for my research. I figured out that I'm going to look at 5 companies, which essentially compromise the main area that I am planning on looking at: Social Media firms with largely user-based revenue platforms. After cross-referencing two Indexes, the Solactive Social Network and Solactive Social Media Indexes, I found that companies that appeared on both were: Facebook, Twitter, Yelp, LinkedIn, and Tencent Holdings. This last company may seem out of the ordinary, but it actually runs WeChat, the largest and basically, only, social media site in China. These companies are very similar to one another, and I think that they are really a logical choice to use within my research.
One thing that I'm feeling a bit eh about is picking the specific valuation models for my research within my method. There are a TON of different papers booing some models and praising others, even in the specific area that I am looking in, so I need to do a lot more work on justifying my choices. Right now, I could possibly consider using what an old study on valuing IPOs did in the late 1900's, but I feel like this might have limitations as well, given that it is really old. Maybe I could combine more modern sources, but generally I don't have the clearest idea of which models I will chose. Ultimately, though I don't think it will be the BIGGEST problem, probably a slightly minor bump.
The biggest problem I have in my research is going to be justifying my analysis method and doing some of the stats in the project. When I read some finance papers, I don't understand certain statistical justifications that they use. Like I saw a word called "endogeneity", and had didn't know what it meant. Luckily now, I know it means being affected by outside factors, or outside influence, but the point is that I must read a few statistics papers before beginning my project. Although this is a lot of work, I'm still sure I can pull it off. The good thing is, though, that I understand most of what the major analysis of the project is about.
Well, that's all folks! Hopefully I'm not in way over my head! (470).
Akash
Anyways, I need to come clean about my feelings this week, so lets get into it before I think too much.
So on thing that I'm feeling really good about is actually choosing the companies that I want to analyze for my research. I figured out that I'm going to look at 5 companies, which essentially compromise the main area that I am planning on looking at: Social Media firms with largely user-based revenue platforms. After cross-referencing two Indexes, the Solactive Social Network and Solactive Social Media Indexes, I found that companies that appeared on both were: Facebook, Twitter, Yelp, LinkedIn, and Tencent Holdings. This last company may seem out of the ordinary, but it actually runs WeChat, the largest and basically, only, social media site in China. These companies are very similar to one another, and I think that they are really a logical choice to use within my research.
One thing that I'm feeling a bit eh about is picking the specific valuation models for my research within my method. There are a TON of different papers booing some models and praising others, even in the specific area that I am looking in, so I need to do a lot more work on justifying my choices. Right now, I could possibly consider using what an old study on valuing IPOs did in the late 1900's, but I feel like this might have limitations as well, given that it is really old. Maybe I could combine more modern sources, but generally I don't have the clearest idea of which models I will chose. Ultimately, though I don't think it will be the BIGGEST problem, probably a slightly minor bump.
The biggest problem I have in my research is going to be justifying my analysis method and doing some of the stats in the project. When I read some finance papers, I don't understand certain statistical justifications that they use. Like I saw a word called "endogeneity", and had didn't know what it meant. Luckily now, I know it means being affected by outside factors, or outside influence, but the point is that I must read a few statistics papers before beginning my project. Although this is a lot of work, I'm still sure I can pull it off. The good thing is, though, that I understand most of what the major analysis of the project is about.
Well, that's all folks! Hopefully I'm not in way over my head! (470).
Akash
