Money and Finance
Nate Silver: it's the numbers, stupid
The poker player and baseball nerd turned political forecaster won fame after predicting the result of the US election with uncanny accuracy. And as his star rises so too does that of a whole new generation of 'quants' leading the digital revolution
Related paper (Taleb: “why political predictions work, not economic ones”): “Prediction Markets” & Game Setups Have Nothing to Do With Real Risks
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Taleb On Skin In The Game
Nassim Taleb of NYU-Poly talks with EconTalk host Russ Roberts about his recent paper (with Constantine Sandis) on the morality and effectiveness of "skin in the game." When decision makers have skin in the game--when they share in the costs and benefits...
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2013 Mit Sloan Sports Analytics Conference
Thanks to Lincoln for passing this along. BOSTON -- The Los Angeles Lakers are the only team that does not have a representative listed at to the 2013 MIT Sloan Sports Analytics conference. Many teams made it public that they sent five or more. But even...
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Only Fools Claim To Know The Future – By John Kay
At this season it is customary to look back on the achievements of the year that is past and to consider what may unfold in the year to come. Nate Silver, the young statistician who became an unexpected hero of 2012, is relevant to both exercises. Many...
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Nate Silver And The Lessons Of 2012
Via The Big Picture. Link to: Nate Silver and the Lessons of 2012 …………….. Related book: The Signal and the Noise: Why So Many Predictions Fail-but Some Don't Related link: Nate Silver on Charlie Rose (Oct. 30th)
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John Mauldin: The Direction Of The Compromise
We are often told that the current election is the most important in recent history. I think I have heard that in about ten presidential cycles, ever since I first voted, for McGovern, as a young man. And looking back, only about one of those elections...
Money and Finance