Having been a scientist, one of my major pet peeves is the na?ve use of science.
Comments closedCategory: blog
The first thing that struck me after I got over my shock at being 10,000 miles from everything I knew was how foreign everyone was. New York was a polyglot city of immigrants.
Comments closedFor a couple of years now I’ve had a bad feeling about the field of finance.
Comments closedIf God had only had a committee of business writers to help him, I think he could have done a better job.
Comments closedI grew up in a post-WWII world where, temporarily, because of their capacity to create devices that wreak destruction, physicists had lots of influence in government.
Comments closedCapitalism depends on lending and borrowing, and hence on banks.
Comments closedThe internecine arguments by economists in the daily papers show that a good part of economics is about what is good and how to achieve it.
Comments closedThe hurricane edition of the NY Times contains an article about a new British TV show on the downside of immortality.
Comments closedI have been reading a column in the Sydney Morning Herald by their Economics Writer Jessica Irvine.
Comments closedI had thought globalization was a good idea.
Comments closedIf there’s one larger lesson one learns from options theory that transcends its technical details, it’s that there aren’t unmitigated goods.
Comments closedGoogle’s big battle will be that they know (and care) nothing about customer support or user interface.
Comments closedCan you have capitalism with a human face? An answer to this would be an answer to many of the current problems of the West.
Comments closedAbout once a year I end up writing something about karma, and, in these uninspiring times, this is one of those days.
Comments closedMany economic tweets are arguments about statistics.
Comments closedI said I would try to explain what I mean by sophisticated vulgarity in financial modeling, which I will do by imperfect analogy.
Comments closedEdward Hadas of the FT/Lex has an interesting video on the debt ceiling fiasco called Playing Chicken with America’s Future.
Comments closedIn the natural sciences, it pays to be ambitious and deep.
Comments closedHow do you restrain or punish corporations, collections of people that have some of the advantages of real people, but less of the disadvantages?
Comments closedThe world is complex and you lose a lot by insisting things you don’t understand already fit into the boxes you imagine you do.
Comments closedHighly paid risk positions, I suspect, are still not quant positions.
Comments closedIf you are going to seek a career in quantitative finance, what’s your advantage?
Comments closedThe other day the new MSFE students showed up at Columbia for orientation and I had to welcome them. These are some notes from what I said.
Comments closedTerrence Malick’s “The Tree of Life” is not a movie, it’s a multiverse, a meditation, a “Koyanisqaatsi” inspired by the Bible rather than by Buddhist texts.
Comments closedMany articles about protecting your portfolio against “tail risk” lately.
Comments closedI am perpetually amazed at the way people can/are allowed to reinvent themselves.
Comments closedI’m not quite certain how you set up an RSS feed to the Reuters blog, but once I know I will post it on the…
Comments closedThis is likely my last blog post at wilmott.com……. I’d be glad if you continued reading me blogs.reuters.com……. ——- For a good many years I…
Comments closedSpinoza regarded all emotions as derivatives of pain, pleasure and desire, just as all options are derivatives of equity, fixed income and credit.
Comments closed