Wikipedia talk:WikiProject Finance

Massive Cleanup required

I will attempt to do some of this myself, but really the only way it can happen is if a large group of people do it.

1. There are a lot of duplicate articles which need to be merged: Modigliani-Miller theorem vs Capital structure irrelevance principle is a case in point. They either don't cover what they're supposed to in the title, or they cover exactly the same material.
2. Inter article links need to be much more strong, i will use my finance text book to push this point. While Corporate Finance is good, it really needs to feed better into other articles.
3. There needs to be way more graphs illustrating many of the concepts, especially in the Capital structure pages. I find the graphs greatly ease understanding. Unfortunately, i dont' really know how to do it myself, so if someone would offer to teach me, or else do it themself that would be great!

Thanks Suicup 10:42, 6 June 2007 (UTC)

Things to do

What is the first step? Is it to fix the page List of finance topics --DrewWiki 14:37, 2 February 2007 (UTC)

Finance Revamp

I am cutting and pasting a convo I had on Transhumanist's talk page because I think it works through most of the questions and allows for someone to see exactly what I am talking about

I saw that you had weighted in on the deletion decision for list of finance related topics and I am looking for a more experienced wikipedian than my self for guidance about a finance related issue.

I also agree the list should stay, but finance on wikipedia is in a terrible state, very un organized and haphazard. I am trying to fix this and have struggling for days to come up with a way to do this. This is what I have come up with:

Rework all finance related templates, and split them into two groups: Top layer topics, which will be templates on the right hand side (like Template:Finance sidebar), and Sub layer topics which would be listed on the bottom of the screen type templates (Template:Financial markets). The over arcing structure is taken partially from the list of financial topics but re-worked so that it makes more sense. The following would be the upper layor break down: user:drewwiki/sandbox1 Then each of the second row topics would have a template that goes one level futher, see user:drewwiki/sandbox2, user:drewwiki/sandbox3, user:drewwiki/sandbox3, user:drewwiki/sandbox4, user:drewwiki/sandbox7, user:drewwiki/sandbox6

After this, for the topics that have even more levels and sublevels, the system would switch to the bottom type template. Ie Template:Financial derivatives The Financial deriviates page would have the financial deriviatives subpages on the bottom and the Financial markets template on the right. This way a user could move within finance on the right and within financial derivitives on the bottom.

If I implement this, there would be lots of editing, lots of template creating and lots of time and energy, I want to make sure that this system makes sense. I would appreciate any advice or comments you would have. I tried to create a wiki project finance so I could ask them this type of question (Wikipedia:WikiProject Finance but there it was unable to really get going.

--DrewWiki 14:45, 6 February 2007 (UTC)

They look too much alike. Change that picture if possible so that the templates are easier to tell apart. Like a skyscraper for the corporate finance, etc.   15:44, 6 February 2007 (UTC)

Sorry about that, yeah the images there were just for show, like a beta, but is the concept solid? --DrewWiki 16:15, 6 February 2007 (UTC)

I'm browsing the finance section now, and your templates, to get a feel for the whole project. I should have an answer for you in less than 2 hours.   16:35, 6 February 2007 (UTC)

You've got a financial markets template which goes on the right, and then there's another one named the same thing that goes on the bottom. Why 2 styles for the same template content?   16:53, 6 February 2007 (UTC)

Let me see if I have this straight: sandbox1 would only go on the article Finance? Then the main subtopics of finance (call these the 2nd tier) would each get their own sandbox, and each article that was a subtopic of the 2nd tier would also display the same sandbox as their 2nd tier parent? Do I have that right?   17:06, 6 February 2007 (UTC)

Sorry I probubly was not clear when I wrote originally. The only thing I created was sandbox1, 2, 3, 4, 5, and 6. All of those would be Right side Templates. Sandbox 1 lays out the section of the FINACE section as a whole( In my opinion, finance consists of: Financial Markets, Financial Market Participants, Corporate Finance, Personal Finance, Public Finance, Banks and Banking, and Regulation. Each of those section will have its sub right side template. These templates you see as sandbox 2, 3, 4, 5, 6 (and then 7 and 8 later). They, essentially just show 1 level deeper. After this level, all sub levels would be of the bottom template type, (I havn't made any yet but they would look like the one I mentioned earlier, that one is currently existing). Here would be an example, for the page exchange traded derivatives, you would see on the right hand side the template that is The Financial markets, (user:drewwiki/sandbox2) then at the bottom of that page would be a template very similar to Template:Financial derivatives. Does that make more sense?--DrewWiki 17:30, 6 February 2007 (UTC)

So, the (right side) templates would each be for one article (of the same name), plus lists of that name as well. They would not be displayed on subtopic pages. That's not generally how we use templates here, but I'll reserve judgement until I've learned more about the bottom templates you envision. Tell me more about those please.   17:42, 6 February 2007 (UTC)

Sure, Let me build a few more, and a test page on my sandbox area, I'll get back to you tonight probably --DrewWiki 17:50, 6 February 2007 (UTC)

Actually it took a lot less time than I thought to put together a mock up of the basic structure. Let me walk you through it.

Go to user:drewwiki/finance: This is the top level page on Finance, on the right you see the Finance sub topics. Imagine you clicked on Financial markets (from the template), it would look like this user:drewwiki/finance1 Notice that the template on the right is one level lower. Now image, from there you click on The Derivatives Market (in the template on the right) you would see User:Drewwiki/finance2 Notice on this page the template on the right leading you to the sections on the Financial market, and the fiance world in general, but at the bottom, you see the entire Derivatives world. Any page within the derivatives world would have BOTH of these templates thoughts?--DrewWiki 18:12, 6 February 2007 (UTC)

Thus providing lateral and vertical navigation options. Extremely cool. My advice is to differentiate the side templates by giving each its own picture, and then as soon as you've done that, move forward: placing what you've created so far in the various articles (renaming the "sandboxes" to templates, of course), and developing them further in place so that readers may benefit immediately (as long as nobody objects). As you do so, update the list of templates at Wikipedia:WikiProject Finance, and provide instructions on how to apply them to the subject of finance as a whole on Wikipedia. So far, so good, and keep up the excellent work.   00:36, 7 February 2007 (UTC)

Cool, I'll start work now, I'ts going to take a while, and i'll stage it all so I can do it all at once when there done on my sandbox --DrewWiki 02:10, 7 February 2007 (UTC)

User template

Took the liberty of creating one. It looks like this:

This user is a member of the WikiProject Finance.

I chose gold coins from Venice, as this was one of the first organized bourses. --Leifern 23:08, 7 February 2007 (UTC)

Banner template

Started futzing around with it, but needs more work. See Template:WikiProject Finance. I really want to start adding these to all the articles that are included and also start rating them, at least for importance. --Leifern 23:31, 7 February 2007 (UTC)

Templates - Objecting to their irrelevance in articles they are placed in

These templates that are popping up all over accounting and financial articles are just eye candy. How do they improve the article? Why should a corporate finance template be place in the accountancy article? Someone else placed an accounting template in the same article which I removed. There would now be two irrelevant templates in the article. There are link sections at the end of each article where required. These templates do not relate to the articles and are not turning wikipedia into something that looks nice but has irrelevant links and will confuse the reader with the enormous amounts of links which are not directly linked with the article. NilssonDenver 23:58, 7 February 2007 (UTC)NilssonDenver 23:35, 7 February 2007 (UTC)

The idea is to have both verticle and horizontal navigation abilities. So your interested in finance, specifically your interested int he bond market, so when you go to the bond market page you will see, in a template on the bottom all the articles pertaining to the bond market, but in addition, you can move vertically to any other market, or for that matter back to the top, to any other finance page. If you feel it would be best i'll take out accounting --DrewWiki 01:27, 8 February 2007 (UTC)

You are making assumptions that the links you make are relevant to the reader and the ones you leave out are irrelevant to the reader. How close or far an article is linked to another article is on a template is subjective. You could have a huge number of links and I feel these reduce the impact of the article. These navigation templates are dominating the article. The article should be the main attention of the reader anything else is secondary and should not distract from the article.

We have links in articles to other articles, we have links at the end of an article, we could then have multiple templates within an article, where does it stop. NilssonDenver 22:01, 8 February 2007 (UTC)

I am not wedded to the format I am trying, and I am interested in your commments. I was trying to address a huge problem I saw within the finance related articles, in that there was no easy way to navigate through from one to the other keeping the whole structure in your mind. Maybe a portal is the best way to do this, but having links just in the article is not enough, IMOP. When I am reading about the stock exchange, I want to see where this relates to the whole world of finance. A year a go, before i was a contributing member of wikipedia, I looked up structured finance, and asset-backed securities, and was thoroughly confused by where they fit in finance, and what they were in general. Now that I have been doing these things professionally for a year, I wrote those articles, but I still wanted to fix the main issue i saw. I would be very interested in any ideas you have. I was not convinced this was the best way either, and that is why i consulted a more experienced wikipedian.

About templates dominating articles, the bottom templates definitely do not dominate the articles because they are at the bottom and people rarely scroll all the way down there, however if, because they have looked at other finance articles, know that it will be there and let them know what else is in finance, they will scroll down. About the side templates, These i dont' feel, dominate to too much of an extent, they give the reader perspective and I don't feel, hurt the aesthetic too much. But that is IMOP. Certainly not doing these templates would give me LOTS more time to fix up the articles. Can you please propose some alternatives that would give readers an idea of where a page fits within --DrewWiki 03:04, 9 February 2007 (UTC) finance.

PS would you like to join the wiki project finance?

What is the criteria for a "Finance" Article. My knowledge is on the Accounting area rather than finance. I will support any project that improves any section and will write and actively take part in any section I can offer help to.

The http://en.wikipedia.org/wiki/Wikipedia_talk:WikiProject_Business_and_Economics is being relaunced and rather than set up a separate project, make this a project within the Business and Economics category. Also there is a push on now on the accounting section http://en.wikipedia.org/wiki/Wikipedia_talk:WikiProject_Business_and_Economics#Major_Overhaul as a project within the Business and Economics category. NilssonDenver 19:17, 10 February 2007 (UTC)

I already categorized this project as party of the Business and Economics project, and you'll see that we're trying to minimize disruption to that area. I think we'd define "finance" for our purposes as "the commercial activity of providing funds and capital...among organizations, as opposed to finance in the broader sense. --Leifern 00:51, 12 February 2007 (UTC)

Additional templates: Concepts in finance?

I'm wondering if we should have an additional template and structure covering concepts and theories in finance, ranging from simple time value of money articles all the way through to arbitrage topics. What do others think? --Leifern 23:36, 7 February 2007 (UTC)

Sure can you map them out on the main page first? ALso, I need a lot of help implementing these templates and distributing them to all of the finance articles DrewWiki 20:18, 8 February 2007 (UTC)

Topical structure of finance

I am uncomfortable with using templates as the primary means to provide topical structure to the finance area. I understand the need to get a handle on the various finance related articles, and I'm impressed by the hard work that has gone into creating these templates. However, I wonder if we can explore alternatives, particularly the use of summary articles and the category namespace.

We could provide a topical framework just as easily by

• associating articles with appropriate categories
• providing links to those categories in the see also section
• when relevant, writing summary articles for high level subject areas

Among my concerns:

• Usability. Templates take up a lot of precious screen real estate and crowd out other images. This presents a difficulty to some readers (mobile) and to article editors. If an editor has found an image that is specific to the topic and is, in their opinion, more suitable for the introductory paragraph's side bar he will be forced to make a choice between our templates and the integrity of his article. I don't want to put anyone in that position.

• Point of view Templates run the risk of over emphasizing the association with finance at the expense of other business disciplines. Many finance related articles are in fact related to more than one business topic. A good example is Business plan. Of course, business plans are important in finance. However, a number of other management disciplines also consider planning essential and the financial plan is only one part of the business plan. I love the idea of a finance project, but I don't think it should overshadow other parts of business.

• Anyone can edit. Templates as a primary organizing method gets in the way of the ideal that anyone can edit.
  • They require a much greater learning curve than inserting references to categories, e.g. See also: [[:Category:Foo]] or [[Category:Foo]].
  • People are much less comfortable being bold with someone else's template than they are with adding links and categories. It is hard to separate the content from the syntax and so mistakes are more likely. Most people are sensitive to that even when they are comfortable with the template syntax.

• Maintainability. The list of sub-topics related to a field is dynamic. If categories are used to provide a topical structure, the structure is self maintaining. Also more people can get involved because the learning curve for categories is minimal.

• Automation. It is much easier to create bots that walk category trees than it is to create bots that parse links embedded in templates.

• Best use of time. Designing and maintaining templates is time consuming relative to managing categories. Anyone who can do this clearly has strong analytical skills that might be better used evaluating and improving articles. See User:DrewWiki's comments above.

Egfrank 09:52, 27 March 2007 (UTC)

Question

Hello, there I'm new to the project, but don't you think you should have a section on the Wikiproject Finance page that shows a picture of your userbox. Just thought I would ask. 21:13, 31 March 2007 (UTC)

Sounds good to me. But, note: don't just insert the template. This particular template also adds what ever page it is on to the participants category. You'll need to copy the template code and remove the lines that add the project to the categories.

In general, if you think it is a good idea and it is not a major change of direction for an article just do it. It is part of the wikipedia way: see Be Bold! for more information. Egfrank 06:03, 1 April 2007 (UTC)

WP:FINANCE

Hello, I have added my name to the participants' list today. I'd like to help out Wikipedia with its financial content. I just created a shortcut for this WikiProject: WP:FINANCE (I hope I did it right). I see that this project is kinda sleepy, hopefully it will not be long. Cheers, Crzycheetah 05:58, 17 April 2007 (UTC)

hello wp finance i would like to ask a question that u rgiving all the information related to the field of finance theoyy but it would be more better and it would be more understandable if u would quote some live examples or incidents in the world of finance but over all this project is very good —Preceding unsigned comment added by 139.149.31.232 (talk) 08:11, 27 September 2007 (UTC)

Template

Here is the new template I created for the Federal Reserve System. Questions, Comments, & Concerns? -- 19:50, 27 April 2007 (UTC)

Money is this week's WP:GACo - your help is needed!

I am here to inform you that the article on money has just been selected as the Good Article Collaboration of the week. This is one of the most important articles in Wikipedia, and certainly of utmost importance within the topical scope of this WikiProject, but unfortunately it is in a very poor state as of now. The selection for COTW makes for a good occassion for a concerted effort to improve it, and I am really counting on the members of WikiProject Finance, with your knowledge and expertise in the field, to help other users involved bring it at least to Good Article standards. In particular, I hope you could provide some gravely needed sources, as well as help make the article summarize the most important aspects of the phenomenon discussed. PrinceGloria 17:56, 6 May 2007 (UTC)

Public finance

The Public finance template or variations of it are under discussion at WikiProject Taxation. Morphh ^(talk) 14:31, 30 May 2007 (UTC)

Technical analysis

This group may want to know that THF has tagged technical analysis with the WikiProject Finance template, and given the article a "Start" class rating. I see no evidence that THF is a member of WikiProject Finance; he has placed the template while in a POV dispute regarding the article. Thanks for your time and attention.--Rgfolsom 13:28, 19 July 2007 (UTC)

Newbie Request

I think it would be useful to have some treatment of historic versus implied volatility for the volatility entry. —Preceding unsigned comment added by ITVGuy20000 (talk • contribs) 01:40, 12 October 2007 (UTC)

all of the volatility articles that I checked address this. Feco (talk) 19:47, 20 February 2008 (UTC)

I'm slightly confused by the request to be honest. I have worked very hard to ensure the distinction was clear. If there was more detail we would find out what was confusing. Ronnotel (talk) 21:08, 20 February 2008 (UTC)

Accumulator (structured product)

Accumulator (structured product) has been listed on AFD. I don't know if this is a significant term or not. Can anyone from this WikiProject offer input? --Stormie (talk) 05:37, 26 November 2007 (UTC)

Comments please, possible merge of Currency correlation

A debate is in progress about what to do with article Currency correlation and one of the proposals is to merge it into either Currency pair, Technical analysis or Exchange rate. We'd appreciate any suggestions of where the best place for it is. To keep the conversation in one place, please respond in Talk:Currency_correlation#Fallout_of_Wikipedia:Articles_for_deletion.2FCurrency_correlation. Thanks – John (Daytona2 · talk) 20:03, 12 December 2007 (UTC)

Graph Requests

I have some experience making finance related graphs (see my user page). I use Adobe Illustrator for conceptual graphs that don't have to be precise. I use gnuplot for more precision. I'd be happy to create graphs to fill specific needs in finance articles. Feel free to post requests here or on my user page. Feco (talk) 06:48, 20 February 2008 (UTC)

WIkiProject Investment

I created a new WikiProject related to Finance but with a much tighter scope: WP:INVESTMENT. This project seeks to improve the quality of investment articles in particular. It is a subset of WikiProject Finance ignoring the banking and credit industry and related topics. My goal is to improve articles for the personal investor and democratize the markets with access to information. Please consider joining if you are interested. Greg Comlish (talk) 20:08, 6 March 2008 (UTC)

SWX Swiss Exchange

Please check SWX Swiss Exchange. Thank you! --Foggy Morning (talk) 01:49, 10 March 2008 (UTC)

Beta Decay

Anyone heard of the term Beta Decay in relation to finance? It is related somehow to the decay of the Beta coefficient. I haven't found much about it online but I know it is in use and I think it could make a good article. Pocopocopocopoco (talk) 04:57, 13 April 2008 (UTC)

Please see Beta decay (finance). And help me build this article. Pocopocopocopoco (talk) 04:05, 16 April 2008 (UTC)

Rename proposal for the lists of basic topics

This project's subject has a page in the set of Lists of basic topics.

See the proposal at the Village pump to change the names of all those pages.

   10:39, 4 July 2008 (UTC)

Changes to the WP:1.0 assessment scheme

As you may have heard, we at the Wikipedia 1.0 Editorial Team recently made some changes to the assessment scale, including the addition of a new level. The new description is available at WP:ASSESS.

• The new C-Class represents articles that are beyond the basic Start-Class, but which need additional references or cleanup to meet the standards for B-Class.
• The criteria for B-Class have been tightened up with the addition of a rubric, and are now more in line with the stricter standards already used at some projects.
• A-Class article reviews will now need more than one person, as described here.

Each WikiProject should already have a new C-Class category at Category:C-Class_articles. If your project elects not to use the new level, you can simply delete your WikiProject's C-Class category and clarify any amendments on your project's assessment/discussion pages. The bot is already finding and listing C-Class articles.

Please leave a message with us if you have any queries regarding the introduction of the revised scheme. This scheme should allow the team to start producing offline selections for your project and the wider community within the next year. Thanks for using the Wikipedia 1.0 scheme! For the 1.0 Editorial Team,  () 21:53, 4 July 2008 (UTC)

DataTreasury

There is some discussion and editing going on over at DataTreasury and it would be very helpful if others could take a look and offer advice and opinions. Thanks! --ElKevbo (talk) 02:38, 9 September 2008 (UTC)

Wikipedia 0.7 articles have been selected for Finance

Wikipedia 0.7 is a collection of English Wikipedia articles due to be released on DVD, and available for free download, later this year. The Wikipedia:Version 1.0 Editorial Team has made an automated selection of articles for Version 0.7.

We would like to ask you to review the articles selected from this project. These were chosen from the articles with this project's talk page tag, based on the rated importance and quality. If there are any specific articles that should be removed, please let us know at Wikipedia talk:Version 0.7. You can also nominate additional articles for release, following the procedure at Wikipedia:Release Version Nominations.

A list of selected articles with cleanup tags, sorted by project, is available. The list is automatically updated each hour when it is loaded. Please try to fix any urgent problems in the selected articles. A team of copyeditors has agreed to help with copyediting requests, although you should try to fix simple issues on your own if possible.

We would also appreciate your help in identifying the version of each article that you think we should use, to help avoid vandalism or POV issues. These versions can be recorded at this project's subpage of User:SelectionBot/0.7. We are planning to release the selection for the holiday season, so we ask you to select the revisions before October 20. At that time, we will use an automatic process to identify which version of each article to release, if no version has been manually selected. Thanks! For the Wikipedia 1.0 Editorial team, SelectionBot 23:30, 15 September 2008 (UTC)

Please review new article I created

Please review Clearing House Automated Transfer System and let me know how it can be improved. Hong Qi Gong (Talk - Contribs) 12:59, 16 September 2008 (UTC)

Morgan Stanley could use update

Morgan Stanley could use update in light of recent developments. -- 201.53.7.16 (talk) 23:04, 22 September 2008 (UTC)

Credit Default Swap

Please help improve the lede of Credit Default Swap. We had several requests on the talk page saying that the opening section is not very comprehensible. I tried but I can't seem to find reliable sources explaining this nicely. Also, please comment at Talk:Credit default swap#First paragraph, Wiki Fascism or just an Ass?. Thanks, Zain Ebrahim (talk) 08:45, 3 October 2008 (UTC)

New Template on "Current Market Crashes"

Template:TodaysFinancialNews

I've created this template to deal with a problem that we had on Jan.21 and Sept.30, 2008. Some people may panic at times of market volatility and create articles saying "This is a crash," "This is the big one" etc. I don't think that this type of article has any use to anybody, and may cause or contribute to significant damage - something like yelling fire in a crowded theater.

The purpose of this template is really only to warn readers that we can't call crashes any better than anybody else, and to help delay any of these types of articles until the next day when solidly reliable financial news sources, such as the Wall Street Journal, the Financial Times, and probably the New York Times, can give a reasonably calm assessment of the situation.

Any comments, editing contributions, etc. welcomed.

Also if you see any such panic-pushing articles, please apply the template.

Smallbones (talk) 22:17, 6 October 2008 (UTC)

Collateralized debt obligation and Gaussian copula models

Can somebody with some knowledge of the subject have a look at Collateralized debt obligation and the discussion going on there? An editor tried to remove a section about the Glass-Steagall Act because it mentioned Phil Gramm, and the replacement of this section brought forth some questions about the section. NJGW (talk) 19:06, 9 October 2008 (UTC)