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今日的midsem很另類，全份paper問你53條Agree or Disagree。每次考試，如有熟讀課本必定中。但，這科上堂cover的跟書裡的並不一樣。成份paper都是似是而非的問題。

例：眼前所見的這個紅蘋果是水果，Agree or Disagree？當一切common sense都對你說要選Agree的時候，誰知答案會是：

Disagree, 因為它可能是個膠製的假水果。-___-" 大佬，咁你講乜都得架啦。

For those who is interested:
"Firm A is more beautiful than Firm B, A is preferred to B, agree or disagree?"
Disagree, beautiful feature, like earnings and dividend growth, are irrelevant. Only its real price and current price is significant to identify under/overpriced firm.

"Risk adverse investors will not engage in risky gamble, agree or disagree"
Disagree, highly perceived risk can be compensated by higher returns. There is always a price for everyone.

"A bought X @ $15k, B bought X @$15, X's price is now $150. A should keep X while B sell X."
Disagree, past transactions are sunk cost and should not affect investment decisions.

But then I shouldn't complain, since the answers are revealed in class.