Investing is Not Gambling (and Vice Versa)
By now you are likely sick of all the chatter about tonight’s astounding $1.5 billion Powerball lottery drawing. I have been quite...
Glowing, but depending on where you live
There has been a gripping amount of global warming, worldwide, since the start of this millennium. The latest policy attention has come...
Fact, Hypothesis, Theory, and Law In Science
It’s time we learn the difference between a fact, a theory, a hypothesis, and a scientific law. Hat tip Lifehacker
Jim Simons: The Mathematician Who Cracked Wall Street
Jim Simons was a mathematician and cryptographer who realized: the complex math he used to break codes could help explain patterns in the...
Simons: Mathematics, Common Sense, and Good Luck
James Simons – Mathematics, Common Sense, and Good Luck: My Life and Careers Hat tip theirrelevantinvestor
Market Forecasters Are Like Blind Squirrels…
Earlier this summer, I tweeted a wonderful line from Brett Arends column, 25 things I wish I knew when I graduated from high school:...
A Face in Numbers: Microsoft, Google & Big Data
Salil Mehta is a statistician and risk strategist. He served for two years as Director of Analytics in the U.S. Department of the...
Momentum vs. Mean Reversion
Salil Mehta is a statistician and risk strategist. He served for two years as Director of Analytics in the U.S. Department of the...
No, EVERYTHING Is NOT A Forecast
You’re Smart, But You Can’t Forecast The idea that every investment decision reflects a forecast about the future is flawed....
The Unreasonable Effectiveness of Math
Raw Story: Broadcaster and physicist Brian Cox recently explained why the discovery of the Higgs particle was so amazing. “We sort of...