Tuesday, March 10, 2009
Politics - The Opportunist Wins
Tuesday, February 24, 2009
Quants, Stats & Financial Crisis
Quoting Paul Wilmot from the article,
"The relationship between two assets can never be captured by a single scalar quantity," Wilmott says. For instance, consider the share prices of two sneaker manufacturers: When the market for sneakers is growing, both companies do well and the correlation between them is high. But when one company gets a lot of celebrity endorsements and starts stealing market share from the other, the stock prices diverge and the correlation between them turns negative. And when the nation morphs into a land of flip-flop-wearing couch potatoes, both companies decline and the correlation becomes positive again. It's impossible to sum up such a history in one correlation number, but CDOs were invariably sold on the premise that correlation was more of a constant than a variable."
-- Anybody who has read Taleb ( Fooled by randomness / The black swan ) too would find this article very much insightful .
Wednesday, February 11, 2009
Deep inside the religious divide
Sunday, February 8, 2009
An Unusual Election
What makes this unique is the insights into the electoral dynamics consisting of arguably the most
talented and sensible electorate in the World ...
Good luck to the candidates :-)
Tuesday, October 28, 2008
Central Banks - A Historical Perspective
- A must read article for anyone interested in macro-economics.. It examines how central banks bacame the de-facto guardians of economy..
Monday, June 9, 2008
Computers & Kids -- Is the OLPC project really worth it ?
Monday, May 26, 2008
Interview With Eric Schmidt
into the Search business ==> http://faz-community.faz.net/blogs/netzkonom/archive/2008/05/26/eric-schmidt.aspx
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