Eric Wish

This professor has taught: BSOS201, BSOS289I, BSOS448A, HONR348M

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Eric Wish BSOS201 Expecting an A- Anonymous 12/09/2024	This class is terrible. If you are not super invested into stocks you will find every lecture boring and skip pretty much all of them. The projects in this class all require you to write an insane amount of pages. The quiz and midterm questions are very vague and you will find a hard time studying for them because there is no textbook for this class. You will have to rely on lectures to learn, but as I said before, lectures are incredibly boring. Luckily, the quizzes and the midterm aren't weighted that heavily, so even if you don't do well on them you can still get a good grade in the class. Additionally, they don't even allow you to see your grade until the end of the semester. This is the first class I've ever had where this is the case and it is very infuriating. I have friends in this class who are very interested in investing and have already invested thousands of dollars into the stock market before, and even they think this class is incredibly stupid and they rarely attend lectures. The only reason why this class is not a one star is because the workload is basically nothing until the final weeks of the semester, where the final project and oral presentation will take a decent amount of time to complete.
Eric Wish BSOS201 Expecting an A Anonymous 03/10/2024	Dr Wish is a super knowledgeable person who is passionate about his teachings. I can confidently say that I have a firm grasp of technical analysis and the stock market after finishing this course. If you're not interested in the stock market and are just taking the class for the gened credits, you'll have a very hard time. Otherwise, would definitely recommend.
Eric Wish BSOS201 Expecting an A Anonymous 02/02/2024	This is an awesome course, honestly my favorite so far. I let my grade slip early, make sure to do all the quizzes and reviews, its worth it. After that though most of the grade revolves around trading and keeping a record of your trades in order to make transaction reports and give reports. The majority of the grade in the class is going to be based on these reports, so try to attend lectures as often as you can. The class is incredibly useful, I've been trading profitably on my own after the class and I 100% learned how from Dr. Wish. As a side note, he's a great lecturer and a great person, do your best to show up.
Eric Wish BSOS201 Expecting an A+ Anonymous 01/18/2024	1. This course is a lot of work only for the first 6 weeks. Then one or two assignments between the midterm and final. Final is long, but not as painful as the other reviews make it seem. 2. For the first 6 weeks, you learn stock material and he assigns reading, but you can lowkey not read. For the weekly quizzes, you can google majority of them and work with friends (take it outside of class). 3. For the midterm, it is open note and you can do it with friends, but it is long and will most likely take the full 3 hours. (also done outside of class - can work with friends). 4. Stock trading portion - second half of semester. Lowkey pretty light, if you are top 5, just say your strategy and that it worked. 5. Dr. Wish assignments HELP you for the final paper, do NOT BS them. 6. Final paper - long but kinda easy tbh. He gives an example, literally copy the format and you'll get an A. 7. Dr. Wish is a nice guy and helpful, his TAs are knowledgable and class if easy if you put in the effort. tldr; The course is intense for the first 6 weeks, but assignments ease up later. Initial weeks involve stock material and reading, but quizzes can be googled and done with friends. Midterm is long but open note, and stock trading section is light. Dr. Wish's assignments are crucial for the final paper; copying the provided format guarantees success. Dr. Wish and TAs are helpful, and the class is manageable with effort.
Eric Wish BSOS201 Expecting an A Anonymous 01/07/2024	If you're at all interested in the stock market, investing, or making money, take this class. Be aware this class is not just foundational concepts. Dr. Wish dives right into the thick of it and will teach you EVERYTHING. Most useful class I have ever taken. You will learn very valuable life skills. Go to his classes (especially in the beginning and whenever there's a quest speaker) and you'll succeed. 4/5 stars because the TAs grade a little harsh.
Eric Wish BSOS201 Expecting an A Anonymous 01/04/2024	honestly, if you're not terribly passionate about investing, i wouldn't recommend this course. dr. wish is a cool guy with a lot of fun stories to tell, and i enjoyed the lectures that i attended (besides that fact that they were 3 hours long and my attention span prevented me from really coming away with much). however, grades are hidden for the entire course and its honestly awfully stressful. if you put in the work its definitely not a difficult A, but it might be needlessly stressing for a gen ed that you can probably take easier classes to fulfill.
Eric Wish Expecting an A Anonymous 01/04/2024	Only take this course if you actually have an interest in the stock market/investing. The class meets for a single 3-hour lecture per week and is front-loaded with a lot of homework in the first few weeks of class. It will be boring if you are not interested in the material. You can certainly save some time depending on how well you can skim-read and most of the quizzes are online. There are some chart patterns/indicators you must learn early in the semester to be successful so I do recommend doing the majority of the assigned homework. If you lack the foundation this homework provides certain assignments such as the oral stock presentation will be extremely stressful because you will have no idea what you are talking about. The second half of the semester is very chill, once the stock simulation starts you don't need to go to class if you don't want to, however, many of the guest speakers are reasonably interesting if you are interested in the field. Looking back, I did learn a lot about the stock market and trading with the many indicators and metrics Dr. Wish taught in class. The class is however especially focused on Dr. Wish's trading style and doesn't teach other styles and is not an introductory financial class so if that is what you are looking for do not take this class.
Eric Wish BSOS201 Expecting a B Anonymous 12/19/2023	if u are not interested in stocks, DO NOT TAKE THIS COURSE. IF U THINK U ARE INTERESTED, U ARE NOT. also everything about this class is literally fake. like none of it is real because the things u learn will only help you if the market is in a uptrend and in a up trending market EVERY ONE DOES WELL.
Eric Wish BSOS201 Expecting an A Anonymous 04/29/2023	He provides a comprehensive overview of his trading style, but does not delve into other styles. He also doesn’t talk about crypto at all. However, we did have guest lecturers who came in and talked other different strategies for trading. Classes were very long (3 hrs). He’s also kind of anal retentive about grading and it takes a lot of time to fill in charts for each stock the way that he wants you to. He expects a large time commitment.
Eric Wish BSOS201 Expecting an A Anonymous 12/28/2022	I would not recommend anyone who doesn't have a REAL interest in the stock market to take this class. I went to every 3 Hour class and it felt like a waste of time. Dr. Wish also makes it extremely difficult to ask questions during lectures. He has a way of making you feel stupid for asking a clarifying question(Oh and don't let him call on you if you don't know what going on). Then he will complain about how the class doesn't ever ask questions... Also. hearing DR. Wish go over the same slide for a 1hr and a half really takes its toll after a while. Second, the amount of work needed in this course is way too much. The quizzes every week, trying to remember the weekly survey that continues to happen after the final, trying to learn about each fundamental and technical setups ( which I might add are not easy to search for online or go by different names when you try to look it up.), keeping up with stocks/ having to stay 90% invested during the stock game, and worse of all the 23-25 page final. Having other classes I needed to study for and then having to do this final a week before finals week was absolute HELL. I also think my final scores in my other classes took a hit because I was unable to fully study for them because of this class. Third, the overall fact that you cant check your class grade tops the cake. It is December 28 and I still have no clue what my actual grade will be - The expected grade on this post is what I got on my final.
Eric Wish BSOS201 Expecting a B Anonymous 12/26/2022	Interesting professor, you can tell he’s very passionate ab the content but the content itself is just boring. Unless you’re really into stocks like which I was only remotely interested in, you probably shouldn’t take this course. I only showed up for the first two lectures out of the entire semester because I lost interest. Expected a B because of this but somehow wound up with an A even though I forgot to take a 40pt quiz, didnt do any of the readings, and rushed the final report in 3hrs. All the content is online including the recorded lectures so there’s really no point in sitting for an entire 3hr lecture every week. All in all, boring content, a lot of busy work, I put in no effort but some how came out with an A, would be very cautious in choosing this course.
Eric Wish BSOS201 Expecting an A- Anonymous 12/18/2022	This course is definitely a learning experience. If you have experience and/or interest in stock trading prior to the class, this course is for you. For me, coming in I did not know anything about managing a stock portfolio, however, I learned very fast in this course. This course is like a crash course to stocks, bonds, retirement, and everything in between. This class is very enjoyable if you love learning about stocks, however, the lectures sometimes tend to be long and boring. Most people in the class had a cup of coffee or something to keep them awake throughout the lecture. In terms of the workload, the beginning of the semester was not horrible, however, you need to read A LOTTT. You will read on average about 6 chapters of the several textbooks in a week. After the readings and small quizzes at the beginning of the semester, you will jump into stock trading. First, you have to get approval and this will be addressed in the class. However, you want to get approved to trade quickly and please please talk to the TAs if you have any questions EVER in the class. They were very helpful throughout the course, and they are willing to work with you. In terms of Dr. Wish, he is an amazing professor. The guy definitely knows what he is talking about. Also, don’t be afraid to go up to him and ask a question. Dr. Wish makes class interesting if you are willing to listen to him. He is like a pastor, he preaches the content to you, and your job is to listen. Last, the grades are closed, so try not to worry about your grades, as they will be good if you try your best. Good luck!
Eric Wish BSOS201 Expecting an A- HashedString 12/15/2022	This will be a long review so for sake of time here's the tl;dr: This course is only enjoyable if you have interest in stock trading prior to this course and may serve as a catalyst to further that interest. The course itself is not quite fun nor teaches much content and may be difficult to achieve a high grade in. Onwards to the full review! Because of the sheer conflicting amts of 1 and 5 star ratings I'll be going very very indepth here and review in form of Q&A. Read other reviews before this one. Simply put they're both right Q: Is the workload for this course actually bad? Who is right? A: The ones who say it's crazy are right to an extent. Those saying it's not bad are flat out lying for the first few weeks. Some of your first quizzes have assigned readings of 50-200 pages and like 30 minutes of videos in addition to lecture content. Luckily you can get away with a B or A on these quizzes through good use of cntrl F, google, and youtube video -> transcript conversions. However the fact that you're expected to dedicate this amount of work initially? Crazy. Luckily these quizzes fall off in difficulty over time and halfway through the course cease to exist, from which case effort is smooth sailing until your final paper. You have a trading simulation instead which you are supposed to actively manage, but if you plan it out and know in advance what you need to do you can realistically only put in effort trading a few stocks and still be fine by the end. The two week add drop will expose you to these quizzes, so if you think they're manageable then this course is easy from then on. Q: Are the 3 hour lectures bad? Is it impossible to set through? A: Nah but man does this class not need to be 3 hours. The first hour might be taken up by relatively slow review over quizzes, some what rambly analysis of new market events, or other things. Simply put it's not very organized and the content could be easily delivered in 2 hours or less. The end of this course has frequent guest speakers as there is no more content in this course left, so while this might be a pro or con I found some of these speakers quite boring. Impossible to sit through? Certainly not, but lecture 100% does not need to be 3 hours. They're all recorded and you can totally skip so you can play them back at 2x speed. (My recommendation) Q: Is the class content actually useful? Is TA astrology? A: Yes-ish, Yes-ish. If you have 0 financial background or 0 stock backgrounds then this course will intro you to some basic ideas that can be useful as a catalyst for your own further personal research. If you have previous experience not much in this course will be new info for you. Despite being 14 weeks long surprisingly little content is discussed in the 3 hour lectures. I personally am not a fan of TA and thus didn't take away much from the course itself, but having to work with stocks and research so often catalyzed my own interest and passion which I think was a net plus. Thus the course itself? Not very useful, but for newbies it can be an ok launchpad. Q: General biggest cons? A: Dr. Wish makes TA sound like the second coming of christ. In reality TA is a mixed bag that doesn't have crazy proved performance. Don't get trapped by this and make sure to do your own personal research for alternative trading methods. A: Grades are LOCKED and you cannot view your own grade in calculus and thus have to do the math for it or beg a TA to view it. Annoying as all hell and frankly am not sure why they do this. A: Trading simulation has assigned busywork (and quizzes). In reality you will learn what you can skimp and not do and get away with to have a more manageable schedule, but before that workload is high. A: Grading is brutal, but there always are rubrics. Despite this you can feel like you followed the rubric and still lose points because different TA's are very different in grading style and rigor. Go to office hours and complain your case and you just might get points back on certain assignments (When applicable, most things you cannot change your grade like this. Realistically only one assignment you can) And to end it off on a positive note here's why despite all that I give it a 4 stars. It's just a good way to immerse yourself in stocks and to socialize with other people who are interested. The actual class itself? Mid. The experience? Good. If you actually want to learn deep thoughtful content on stocks, learn it yourself and you will learn it better and faster. This class however introduced me to some great people and just sparked my interest so I'm biased with personal experiences to like it. I think in reality though the haters are right and this class is outdated and badly organized. This class is certainly not the easiest A, nor may it be enjoyable for some of you. My advice is take it and drop by the 2 week add-drop if need be.
Eric Wish BSOS201 Expecting a B- Anonymous 12/09/2022	Please spare yourself from this class. It's a 3 hour lecture which is impossible to sit through, and you have to commit to doing crazy amounts of work. If you don't already know how the stock market works, you won't learn it here, so your energy is better spent somewhere else. I do believe that Dr. Wish is a knowledgeable guy, but he doesn't do a good job at transferring that knowledge to his students. He has been pretty harsh to people that don't understand his expectations. This class is my biggest regret of the semester and I should've dropped it after the first week. Good luck to anyone in it.
Eric Wish BSOS201 Expecting a B+ Anonymous 12/09/2022	I would not recomend this class unless you are very interested in the stock market. It is not an easy Gen Ed! as I thought it was. The 3 hour lectures are way to long and Dr wish will finish his slide in the first 1.5 hours and just ramble on for the last half of the class. It requires you to read 3 books in full and the final is a 25 page paper that for me was over 5000 words long. The setups he teaches are useful except that they are not taught very well so he briefly goes over them and expects us to understand them in full. The TAs are very helpful but that still does not make this an easy class. But if you are really interested in the stock market this might be the class for you but if you are not do not take this class.
Eric Wish BSOS201 Anonymous 12/07/2022	Dr. Wish is a nice enough guy, but this class is absolute torture. I took this class to learn more about stocks, and while I feel as though I did learn some bit of information, I am also more confused than I was initially. If this class was split up into shorter sections over multiple days in a week I feel as though myself and many of my classmates would've been able to focus on this class much better. Even pounding cups of coffee did not help me stay engaged and zoned-in to the lecture. If you are super into stocks and the stock market, go ahead and try this class, but I definitely wouldn't just take it for the gen-ed, as insane amounts of work and a 3 hour lecture each week simply aren't worth it.
Eric Wish BSOS201 Expecting a B LaurynR_MD 12/06/2022	This class will be very difficult if you have no prior knowledge or interest in the stock market. If you do, you might be fine. But, if you do not have a burning passion for stocks I would avoid this class like the plague. Within the first few weeks we were assigned multiple books to have read. The course grading itself is not that difficult, but it is a lot very quickly. In addition, the final is worth most of your grade. For a Gen ED course, I would not take this.
Eric Wish BSOS201 Expecting a B+ Anonymous 12/04/2022	TLDR: do NOT take unless you really really love the stock market, otherwise it's painful busywork where you don't learn much. This is also NOT a class about financial literacy. I took this class because I thought I would learn how stocks work, what can make them move up or down, and some general knowledge on how to manage my money. I got none of that. I still have no idea what makes a stock move up or down other than "uhhh someone out there thinks this company is good maybe". And we learned one and only one thing about financial literacy, which I'll tell you right now: get a Roth IRA, it's better than a traditional IRA. The first half of the class was learning the alien language of Technical Analysis. From everyone I've talked to outside this class who knows what they're doing, TA is considered absolute garbage. You'll learn about "indicators" for the stock movement that are pretty much arbitrary and often even contradict each other (e.g. MACD histogram and stochastics have a strong correlation, but tell you opposite things). Of course, when you put these into practice, stocks turn out to be largely random noise. I'd go on here, but I'm no expert in the stock market, and others can say this better (including some of the reviews here, especially that one really long one). At roughly the halfway point of the course, you'll take a big midterm. That was fairly standard, but it took me way longer than I was expecting. The second half is a trading simulation where you get $100,000 in fake money and have to invest it. I ended up with a ~1.7% profit, in a pretty bad market. This is a cute idea on paper, but in reality it just creates a ton of extra work and eats up your free time, including thanksgiving break. It's also really restrictive; the idea is to trade for yourself to see what it's like, but every stock you buy has to follow some strict rules (which I didn't even realize I broke multiple times), and every stock needs a "setup", which is even more restrictive. You're supposed to learn about trading from the simulation, but all I learned was that stocks are mostly random noise. You have to trade quite a bit, and the final has you analyzing every single trade you made. It's just tedious for no reason. The one thing I will give to him is that he's clear about grading. He tells you pretty much exactly what you need to do to get an A, meaning you don't have to think much... so it's not only busywork but MINDLESS busywork!! Also the final paper is worth 65% of your grade which is just horrendous. Other notes: the gender ratio is really bad. Like, CS class bad. There are 10 TAs and 2 professors and none of them know me. The classroom is huge, and you can clearly see more and more empty chairs as the class goes on. In the first week or so, he'll go the entire way through the 3 hours with no break to scare people off, but after that he'll typically have a 10 minute break in the middle-- which is still nowhere near enough to sit through a 3 hour lecture. If you get top 10 or bottom 10 in the simulation he'll make you talk in front of the class, so maybe don't do that. Or just don't take the class in the first place.
Eric Wish BSOS201 Expecting an A Anonymous 12/02/2022	Do not take this class. I have spent hours studying algorithms that do not work. Dr. Wish rambles for half the class, and you will do better by randomly choosing stocks than using this course as trading reference. Also this class is a miserable slog of 3 hours. Do not take this class if you wish to learn about the stock market. I wouldn't wish this course upon my worst enemy.
Eric Wish BSOS201 Expecting an A Anonymous 05/11/2022	This class isn't as bad as people make it seem, I learned some pretty fundamental knowledge about the stock market and personally i didn't spend more than 2 hours a week on this class. The grading is a bit weird as I didn't know my final grade really until it was put in but he literally tells you what to do to get an A so theres really no surprise there. You can take a look at the grade distribution as well, majority of people get an A as long as you follow instructions. Last note* This course is very final heavy, your final basically determines if you pass or fail this class so keep that in mind.
Eric Wish BSOS201 Expecting an A+ Anonymous 05/04/2022	I took this class a few years ago and have been a Teacher's Assistant for it ever since. Do not be scared off by some of the recent negative reviews. The fact is that this class isn't for everyone, but if you are interested in the topics then it will be the best class you'll take at UMD (it has been for me). The first half of the semester is intense and requires reading a few books. There are weekly quizzes used to encourage you to stay on track but they aren't weighted high for the overall grade. I hate to read and stress about quizzes, but being interested in the topics makes it pretty enjoyable and the quizzes aren't too bad. People complain about the workload during the start of the class, but it's really not that bad and only having class once a week means you can space out the work. It is by no means easy for the first part of the class, but if you manage your time then it's fine. After the midterm, the weekly quizzes stop and the class goes into cruise control basically. You'll be in a virtual trading competition that you'll need to monitor every few days, but if you put in the work during the start of the class it is pretty easy. The final project makes up a very high percentage of your grade. If you pay attention the whole year, the project shouldn't be bad at all. It takes a lot of time and detail to put together, so you'll need to give yourself a lot of time to do it. But in terms of difficulty, it isn't too hard at all (if you pay attention and try throughout the semester). The way the grades work, you won't have access to your grade on elms throughout the semester. They do this because your grades are calculated using excel and it makes it easier to play with the final weighting and stuff. If the grade was visible in elms throughout the semester, it might give students a false sense of their performance in the class. If you want to know your general grade and how your doing, you can just go to the virtual office hours and ask a Teacher's Assistant. Dr. Wish usually says that almost no students ever fail his class. You'll also see some people complaining about technical analysis in these reviews. Even if you never plan to use technical analysis or Dr. Wish's trading strategies, this class is till very valuable. You'll learn all the financial terminology and how to properly save for retirement. This class prepares you for the real world and gives you so much more confidence in setting up your future.
Eric Wish BSOS201 Anonymous 02/22/2022	DO NOT TAKE. I am writing for about 50 other students when I say this class is not a first year class. The workload is more than you have ever seen and half the stuff Wish talks about is mad outdated. You will most likely get an A or B, but this class was horrible and I would never take it again.
Eric Wish BSOS201 Expecting an A Anonymous 01/05/2022	Dr. Wish is a great teacher. He's nice, but the workload is insane. There is an 8-week trading simulation with insane trading rules (you need to be 90% invested, you can only follow certain rules, you cannot purchase meme stocks, etc). After the 8 weeks, you do a final report on what you did. To be honest, I did not follow most of the rules and I wrote that on my final report. He says to be honest in your report, and I did. I surprisingly came out with an A after getting a C on my midterm and doing decent on my quizzes. I genuinely don't know how I got an A. If you want to take the class to learn about stocks, I learned a bit. You should do your own research if you really want to get into the stock market. Everyone is talking about grades, but to be honest just don't lie on your final report, put in a bunch of stuff you learned, and your grade will flip to be on the bright side. If you're not going to pay attention, expect a poor grade. I understood 50% of what he taught and managed to get a good grade.
Eric Wish BSOS201 Expecting an A+ Anonymous 12/27/2021	This class is definitely not for everyone but for people who are genuinely interested in learning about stocks and other financial tools, I would highly recommend. I knew nothing going in and I learned so much. This class is long, the lectures can get super boring, and there is a lot of reading during the first half of the semester, but if you just suffer through it I think it is worth it in the end. Even if you do poorly on the weekly quizzes, most of your grade depends on your final report. The grading system is super weird where he won't give you a cumulative grade until the end of the semester but most people end up with an A or A+. If you are willing to put in the time, this class is really useful.
Eric Wish BSOS201 Anonymous 12/13/2021	Doesn't grade anything and the grading system he has set up is awful, you can't even see the final grade and his teaching style sucks. You are basically teaching yourself and the workload is awful for this class. not that great don't take it for a gen ed too much work.
Eric Wish BSOS201 Anonymous 12/08/2021	Unless you are already interested in stocks, do not take this class. If you are already interested in stocks, do not take this class either. The work is tedious and the grading is abysmal. You cannot see your average grade for the entire semester at all. All assignments (Excluding the midterm and final report) for this semester have added up to be roughly 375 points. The midterm and final are worth about 330 points. This class is not worth the stress.
Eric Wish Anonymous 12/07/2021	This class was one of the most difficult courses I have ever taken. The work load was around 10 hours a week, plus. The assignments were so confusing to comprehend, and the course material was so difficult to understand. The course met once a week for three hours and took up way too much time. There are no grades posted the entire entire semester, so you have no idea what your grade is. The quizzes each week are extremely difficult, and you need to pay attention to the full three hour lecture and watch every single video he posts if you want to even know what the questions on the quizzes are talking about. The class is so fast paced, I took this as an elective to learn about investing, and by the end of the semester, I am more confused. If you plan on spending ALL of your time on stocks go ahead, but this has nothing to do with my major and I thought It would be an easy elective and It took up ALL of my time. Dr. Wish does not post an overall course grade at all, and It is scary at the end of the semester. He does not talk very clearly and in the lecture he just seems like he is yelling at everyone. I do not recommend taking this course at all.
Eric Wish HONR348M Expecting an A+ Anonymous 07/06/2020	Don’t take this class if you want to learn about the stock market. Much of the information in this class is factually incorrect or outdated. At times, it is even misleading. If you take this class, you will walk away with a misunderstanding of the stock market that will hurt you when you begin to trade on your own. The core issue is that this class teaches Technical Analysis (TA). Technical Analysis is a method that uses patterns in stock charts to make educated investment decisions. These patterns are supposed to indicate whether the stock will move up or down. You may have heard of patterns like “head and shoulders”, “cup with handle”, and “bull flag” or indicators like “moving average”, “relative strength”, and “Bollinger bands”. These are terms associated with technical analysis. The problem is technical analysis is a lot like reading tea leaves or looking at horoscopes. It has repeatedly been shown to be an ineffective predictor of stock movement in efficient markets like the US stock market today. TA was viable in the past when trading wasn’t automated, but today, high frequency trading algorithms, which place orders microseconds apart and account for nearly 80% of the volume in a day, have eroded any advantage technical analysis used to have. TA also suffers from double-sided language and non-falsifiable claims. Technical analysts look at chart patterns and make statements like “XYZ stock had a Bollinger Band bounce signaling a reversing downtrend, but its low Relative Strength and high Stochastic could mean a break through resistance to lower lows”. These types of statements are far too common and are essentially saying the price can go up OR down. Later, analysts point to the subsequent stock’s price movement and use hindsight to justify their correctness. Of course, you can’t be wrong if you predicted the stock price would move in either direction. A broad metastudy of 96 papers also concluded that technical analysis has not been demonstrably profitable in equity markets after 1990. Studies that did show profitable strategies in the past still may not have beaten the average market index (SP500) or made questionable methodology decisions in their analysis (https://doi.org/10.1111/j.1467-6419.2007.00519.x). These days, successful firms like Citadel, IMC, and 2 Sigma use rigorously proven statistical techniques and machine learning strategies like LSTM and SVM to predict market movement. If you walked into an interview at a hedge fund, trading firm, or investment bank and said you use technical analysis to make investments, they would laugh as they showed you the door. Despite all this, Wish makes TA seem like the be-all-end-all of trading. He talks a lot about his own successful trades. What Wish never does is quantify his strategies with industry metrics like CAGR, Sharpe, Alpha, and Drawdown that normalize the performance of trading across different market conditions. We never know how often he wins or loses, or by how much. Wish also never reveals his trades before he places them. If Wish is teaching us investing strategy, at the very least, he should be able to demonstrate that the technique is successful by providing his historical performance, both the good and the bad. This may seem like a large ask, but it is standard in the industry to have this information publically available. Besides this fundamental issue with the course, there are other minor but notable ones as well. There is a trading simulation in this class in which you spend 8 weeks trading against your classmates. The idea is to apply what you have learned to design your own unique strategy. That’s not what you really get to do because you are required to build your strategy on top of Wish’s restrictive preexisting rules. Also the final paper, a self-evaluation of your strategy, is just busy-work. The paper exceeds 50 pages in length because you have to document the entry date, number of shares, $ profit, and other values for every single trade you made during the simulation. Then, you have to write 3-4 sentences about what you learned from that trade. The final paper was the most boring, tedious assignment I have ever completed at UMD. Finally, the grading policy is pretty arbitrary. Sometimes assignments are point based, while at other times, they are all-or-nothing. You can get 4/5 questions right on an assignment and end up with a 0 on ELMS. The assignment weighting was similarly nonsensical: quizzes were worth 10-20 points while the final paper was worth 1000. In conclusion, in this class, real information is presented in the same way as information that is straight up wrong. A busy student or an inexperienced student isn’t going to be able to fact check every single thing Wish says. That is what makes this class dangerous. For this reason, I recommend avoiding the class entirely.
Eric Wish HONR348M Anonymous 05/23/2020	Not a good professor. Incredibly inconsistent with grading. I understand that reviews in past years are positive, but I took HONR348M in the most recent semester (spring 2020) and can honestly say you don't need to take this class. If you're interested in the content you can just read the books on wishingwealth blog. If you want to have an unfair and inconsistent professor in Dr. Wish by all means take this class. None of these criticisms apply to the teaching assistant David.
Eric Wish BSOS289I Expecting an A Anonymous 12/11/2015	BEST CLASS YOU WILL EVER TAKE!! I took this since it was offered in the Freshmen Connection program. Dr. Wish is so passionate about the subject and he likes to tell corny jokes. David, his assistant is just as funny, nice, and intelligent. I loved this class so much. In the beginning, there is a LOT of reading that you have to do. Don't slack off on the readings as it's crucial you understand your concepts before you apply it to the trading simulation. Other than that, this class is great! Applies to real life, especially the guest lecture by Ann Holmes. She came in towards the end of the year and gave a fantastic lecture about finance, credit cards, etc. HIGHLY RECOMMEND YOU TAKE THIS CLASS. YOU WILL NOT REGRET IT. If you put in the effort, you will find this class super interesting, fun, and you'll most likely earn an A
Eric Wish HONR348M Expecting an A+ Anonymous 11/20/2015	Dr. Wish is a fantastic professor, definitely take this class. Recommendations: 1. During the trading simulation, consider investing some percentage of your $100,000 entirely into ETFs 2. Be honest with yourself. Don't set a haphazard stop loss in the simulation that you would never do in real life! If you treat the money as if it's real, you'll get a better sense of how you'd actually behave in the market with your own investments, and you can tailor your rules to something you would practically use. 3. While you're reading your books, make a TC2000 account and look at real stocks to get a sense of the abstract ideas. I found that I couldn't really grasp the concepts until I started playing around with TC2000. 4. Have the printer situation thought out beforehand. Pretty much everyone in my class wrote a final paper that was above 80 pages, and that's a lot of printing to do if you don't have your own printer or if you're low on color ink. (It doesn't have to be color, but since it will include stock charts, color is preferable.) It seems minor, but it can get you into a lot of trouble if you're working last minute. 5. Don't fear the long final paper that much. It'll have a lot of charts, and you should have a lot to talk about.
Eric Wish HONR348M Expecting an A Anonymous 04/27/2013	Dr. Wish is amazing. Period. This is one of the best classes at the University of Maryland, and I would recommend that everyone take it if possible. Dr. Wish is an excellent teacher who genuinely cares about his students learning the material. The first few weeks can be extremely difficult given the enormous quantities of reading required, but after the gauntlet it gets far better. You must keep up with the readings and market every week to stay ahead, but trust me, it is worth it. I learned so much about stocks, specifically technical analysis, as well as numerous other approaches, and strategies for personal finance. Dr. Wish also brings in a slew of phenomenal guest speakers. Above all, the highlight of the class is the stock competition, which is closely followed each week. This course provided me with several valuable skills that I will keep with me the rest of my life. I love this course and think the world of Dr. Wish. There is definitely a large reward for all of the hard work you put into this class. Make sure you don't put off the final paper, as it's almost all of your grade, and it can be challenging. All in all, most of the class receives A's, but it's not because it's an easy class. Dr. Wish is a great teacher, and inspires us to do learn and to do the work.
Eric Wish HONR348M Expecting an A+ zaqu413 12/22/2012	Take this class! Not only do you learn about the stock market, but you also learn about managing money, which I would have never learned about (I think Business majors learn about this stuff, but I am Math-CS). Readings: This is a very daunting amount of reading in the beginning, but if you can get through that then you will compete in a stock market competition with a fake $100,000. It is definitely worth the reading in the beginning. (I read half the books over the summer before the class started, this is a good idea if you want to be able to finish the readings.) I got a lot out of the readings and would suggest that you try to do most of them. Stock Competition: This part of the course can be a lot or a little work depending on how much you put into it. If you put a lot in you will learn a lot and have a lot to talk about in your final report (which is why I managed an A+). The one thing I liked about this was that you can plan your stock market competition work around the rest of your schedule, just do it at bare minimum once a week (twice is good but more is definitely better, I would do in depth stock market stuff on Monday, Wednesday and Saturday and usually glace through stock charts while eating breakfast and dinner). Warnings: Dr. Wish will call you out in front of the entire class if you slack off(like updating your overall market analysis, or updating your transaction sheets). The final assignment took me over 100 pages and an entire weekend, I started Friday afternoon and finished Sunday night and did almost nothing but this project. It is impossible to do the night before and get a good grade. The final project has gotten a shorter than it was in the past, but you now need to be more detailed and analytic. I would suggest reading these three books (in this order) before the semester starts: 1) How I made $2,000,000 in the Stock Market (DARVAS) 2) Stan Weinstein's Secrets for Profiting in Bull and Bear Markets (WEINSTEIN) 3) Lessons from the Greatest Stock Traders of All Time (BOIK)
Eric Wish Expecting an A Anonymous 12/09/2010	I found Dr. Wish to be the ideal teacher for he's strict about doing your work but if you are a good student, he's very fair and understanding. His class was probably one of the most rewarding classes I have ever taken. He really cares about his students and definitely wants you to succeed. Very understanding, very kind. He's an easy teacher if he knows that you are trying and are not slacking off so DON'T SLACK OFF or he will call you out. However, I highly recommend him and I definitely think that everyone should take this class to learn about the stock market. You do not have to be a stock market enthusiast to enjoy this class but I guarantee you will become one (even if you have no idea what it's about.. like I was)
Eric Wish Expecting an A Anonymous 09/03/2010	It's a lot of work but you learn a lot too. He's very understanding in that he knows that trading stocks isn't for everyone. I tried out the class because I wanted to learn about the stock market, but after going through the trading simulation I realized that I really didn't have the passion for trading stocks. That being said, he expects you to keep up with the readings and put some effort into the assignments. At the end of the trading simulation you have to compile all the records of your trades and then analyze it. Don't procrastinate on this final assignment.
Eric Wish Expecting an A umdterps11 05/15/2009	This class was a LOT of work, but absolutely worth it. When you leave college, this will undoubtedly be one of the classes you look back on and know that you learned something useful. Positives: Like I said, this will be a class that you look back on thinking about how much you learned and how you'll use what you learned for the rest of your life. Even if you know nothing about the stock market, Dr. Wish is great at explaining the topics thoroughly and helping every student truly gain a knowledge of the stock market. Negatives: Dr. Wish assigns a LOT of reading, but it really is necessary. You might be able to get away with not reading a few of the articles, maybe 1 or 2 books, but in general you'll be lost without doing the reading. There are quizzes nearly every week about the reading, so make sure you keep up. About halfway through the semester the amount of assigned reading went way down, but the workload definitely stays high. You will be required to participate in a simulated stock market competition and it is a LOT of work. If you are looking for a rewarding class, despite the high workload, take this course with Dr. Wish. It's worth it.
Eric Wish kbe12478 06/18/2008	This was an exceptionally challenging class, particularly because I had absolutely no knowledge of anything pertaining to stocks before i took the course. However, it was one of the most rewarding courses I have taken here at the university. Professor Wish was an excellent teacher, and did everything possible to guide students to practical approaches to the stock market. He had many resources and guest speakers to provide a spectrum of opinions and ideas. He was very approachable, and would answer any question fairly and objectively. He assigned many helpful projects, but the workload is very tough. I highly recommend this course, for its practical applicability in the real world, as long as you don't mind the reading and projects.