DMac87

7 ms·

31.
by DMac87 12y ago
Yeah, this whole "a responsible asset manager has to use MPT" is completely not true. A responsible asset manager has to consider risk and return, of course, but how they measure and evaluate risk and return is an art as much as
32.
by DMac87 12y ago
MathNews, UW Math department's student weekly newsletter, had/has a section 'profQuotes' - just about the only part worth reading.. samples from this week: "Tragically, we will need to prove both cases. Fortunately,
33.
by DMac87 12y ago
The Harry Connick Jr clip was the first thing that came to mind when I saw this thread - love it!
34.
by DMac87 12y ago
Not reprogramming during any game, but during the match (between games). You can argue about how much influence this has, in my mind though he was beaten by highly similar variants of a computer program (not quite a fixed concept, but not
35.
by DMac87 12y ago
It is fascinating to compare & contrast chess, Go, and backgammon, and how quite different approaches are needed to program in each. For chess, 'pure calculation' is most effective, while the author suggests MC is good for Go
36.
by DMac87 12y ago
I disagree - Madoff was extremely secretive about his "strategy" (because there was none) and financial statements. He wouldn't meet with individual investors. So the transparency & access that I recommend simply weren&
37.
by DMac87 12y ago
(Not original poster, but some suggestions) : - Use a local credit union as opposed to big national bank. Yes, there may be minor inconveniences in service, but in this day of online banking, they should be minimal. - Invest with a financi
38.
by DMac87 12y ago
Taking a step back, doesn't it seem strange that there aren't more concrete answers to these questions - the debate devolves pretty quickly into anecdotes / commentators' perspectives, as opposed to hard data. Sample si
39.
by DMac87 12y ago
Basic statistics: just because the average in the top decile is 74, that doesn't mean everyone in the top decile drinks 74. The top 5%/1%/0.1% who drink way more than 74/week (15/day? 20/day?) can counter-bala
40.
by DMac87 12y ago
My guess is that PayPal et al don't particularly care - the onus is on the bitcoin user (i.e. the consumer) to calculate capital gains, report to the IRS etc. Those consumers probably don't care - they'll wait to see how&#x2
41.
by DMac87 12y ago
Ditto for academic finance - so many sketchy results get advertised, and billions if not trillions of dollars get invested based on false or uncertain hypotheses... Sometimes I feel that 90% of my job is to be skeptical of all results, and
42.
by DMac87 12y ago
I don't understand - "More broadly, the government’s entire approach to technology was top-down and inflexible", so the solution is to hire more people at the top (White House)? It seems to me that "government IT" i