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- 25 of october Profiting from U.S. presidential elections might just be the ultimate form of democratic capitalism. So when the media spin surrounding the 2004 elections started gaining momentum, I decided to join the politically inspired pollsters and bumper sticker peddlers in finding and exploiting the inefficiencies resulting from predicting election results. I suppose it should not have been surprising that the time tested Arbitrage Pricing Theorem was equally applicable in the political arena...
Learn more about Presidential Arbitrage and how you can profit from it.
- 4 of november
Quantitative finance is a challenging subject. However, financial practitioners don't exactly go out of their way to make the topic more accessible to outsiders. One problem is the language barrier, separating quants from the rest of the world. The following article makes light of a profession that has a tendency to take itself too seriously.
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Turing -- A Novel about Computation (Christos Papadimitriou)
Unique Tale of Romance and Discovery. Turing is a wonderful tale of romance and discovery in a networked society.
A clever and captivating story line guides the reader through centuries of human ingenuity and intellectual achievement. The carefully crafted characters become alive instantly as we assimilate their charisma, vulnerabilities and idiosyncrasies. The author's expressiveness and attention to detail are uncanny, particularly when describing the interactions of the diverse personalities. The dialog is equally engaging and coherent, although somewhat less crisp in the middle section of the book.
In one of its central themes, Turing explores the preservation of knowledge and ideas across life spans and generations. Specifically, the book excels at demonstrating the importance of preserving not only the core innovations but also the processes, thinking patterns, and personality traits that led to their discovery. Storytelling is used throughout the book as a key tool of disseminating intellectual capital.
The successful fusion of history, economics, mathematics, computer science, and let's not forget rock lyrics, is brilliant and original. Indeed, the book illustrates the intrinsic value of merging heterogeneous subjects, cultures, and viewpoints when solving Byzantine problems.
The humorous undertone, together with a crystal clear presentation of modern scientific thoughts, make this book both educational and enjoyable. |