4 ms·
Your comment is just darling. "Given that perhaps 90% of Excel spreadsheets have errors ..." -- a completely made up statistic leads to -- "I fail to see that E
by mbetter 14y ago
Your comment is just darling. "Given that perhaps 90% of Excel spreadsheets have errors ..." -- a completely made up statistic leads to -- "I fail to see that Excel is a good or useful tool." -- a conclusion that doesn't even follow from your made up evidence, even if it were true.
Nicholas Taleb would be rolling over in his grave, if he was dead.
- giardini 14y ago"darling"? "made up evidence"? Are you employed by Microsoft? Others may have provided this URL: "What We Know About Spreadsheet Errors" by Raymond R. Panko http://panko.shidler.hawaii.edu/ssr/Mypapers/whatknow.htm http://panko.shidler.hawaii.edu/ssr/Mypapers/whatknow.htm The European Spreadsheet Risks Interest Group: http://www.eusprig.org/ http://www.eusprig.org/ Grammar correction: "if he was dead." <--- _were_ dead, _were_ dead! Luckily he's very much alive. From Nicholas Taleb's website at http://www.fooledbyrandomness.com/jorion.html http://www.fooledbyrandomness.com/jorion.html "My refutation of the VAR does not mean that I am against quantitative risk management - having spent all of my adult life as a quantitative trader, I learned the hard way the fails of such methods. I am simply against the application of unseasonned quantitative methods." Use of a paradigm that has such a high error rate is, at the very least, an "unseasoned quantitative method".
- mbetter 14y ago"These error rates, although troubling, are in line with those in programming and other human cognitive domains." I take it you are against software in general, then.