Category: Opinion

Some styles of faulty reasoning, often a function of character, highlighted by the occurrence of the corona virus. I actually don’t know many panicky people.…

Even when I was a child, as soon as they saw that I liked the smell of petrol at the pump in my father?s garage,…

I am astonished these days. Universities are setting themselves up to eagerly adjudicate charges of sexual assault which by rights and logic should be considered…

What are the new, emerging risks that people are not paying attention to? 1. The changing role of money? Greenpeace International, an environmental charity, just…

Incredibly clever lyrics by Gershwin in this great

I stumbled across this Evolutionary Psychology article on

I’m about 1/3 of the way through the

Elaborating on two tweets:  

When I was a kid I liked to draw, and when I was a professor in Boulder Colorado in 1980, I took a group drawing…

Every couple of years I make some attempt to condense the principles of financial modeling:

In today’s NY Times,

Life is a pinball table, and you are both the player and the ball. You shoot yourself in, you get bumped around by those reflecting…

Some people have claimed that because Fama and Shiller have opposing models of the market, economics can not be a science, on the grounds that…

There are only two workable principles that I know of in financial modeling.   1. Use Analogy: If you want to know the value of…

Occasionally I despair of the way people teach quantitative finance. They put so much effort into teaching students to do the heavy lifting of equivalent…

Last night I impetuously ordered Pynchon’s new book on my iPad, as an iBook. I haven’t started to read it yet. Maybe on a plane…

If, as