Teach Effectively!

From our Department of Close Isn’t Good Enough: According to the Taipei Times,

A trader at Fubon Securities on Monday erroneously placed a bid of nearly NT$8 billion on behalf of Merrill Lynch International for a basket of about 280 stocks. Merrill Lynch International had asked Fubon Securities to place an order for NT$80 million.

We teachers should maybe think twice before we say, “Oh, that’s close” when a student gives a clearly wrong answer. After all, what’s an order of magnitude or two among friends, anyway?

Link.