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Monthly Archives: April 2012
Not From An Actuarial Textbook
One of the mainstays of actuarial education is thinking about the ways one might underwrite auto liability insurance. The most accurate predictor of risk should be miles driven; after all, the more you’re on the road, the more likely you’re … Continue reading
Posted in insurance
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Links for Today
The whole story on Dark Matter. Learn a language. And estimates for the hardest languages to learn. Filed under things I’d do if I didn’t blow my mind out with work and studying every day: buy a raspberry pi and … Continue reading
Posted in Uncategorized
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Buy High, Says Venture Capitalist
Here is a post by Steve Blank, a venture capitalist, identifying a fact: Facebook takes our need for friendship and attempts to recreate that connection on-line. Twitter allows us to share and communicate in real time. Zynga allows us to … Continue reading
Posted in economics, entrepreneurship, insurance
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This Week In Space Travel
The price of a standard flight on a Falcon 9 rocket is $54 million. We are the only launch company that publicly posts this information on our website (www.spacex.com). We have signed many legally binding contracts with both government and commercial … Continue reading
Posted in economics, science
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Clash of the Machines
Here is a great series on High Frequency Trading. I was most intrigued by this: It’s important to note that market making is nothing new. In the era when stocks were traded in 1/8ths and 1/16ths, market making was done … Continue reading
Posted in economics
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Still In The Woods
I go straight to Calculated Risk for all my ‘real’ economic news, by which I mean the data and basic commentary. Their graphs are outstanding. And those graphs are telling all kinds of still-nasty stories about the downturn we are … Continue reading
Posted in economics, Uncategorized
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Data Science
The Netflix competition will probably go down as the event that gave birth to the Data Science Era. Like all iconic events there was absolutely nothing groundbreaking or new about it, it was just the firs time a few trends … Continue reading
Posted in economics, entrepreneurship, programming
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Quote Of The Day
Reproduced by hand from my dead tree copy of *What Technology Wants*: Old world primates have full-color vision and an inferior sense of smell compared to their distant cousins the New World monkeys… All, that is, except the howler monkey, … Continue reading
Posted in science
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Today In Unanswerable Questions
What is the value of something? Here’s Pete Warden with the best explanation for what Facebook gets in Instagram. Many commentators have gotten caught up in the comparison of valuations between the New York Times and Instagram (both $1bn). Don’t be fooled, this … Continue reading
Posted in economics
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Mash of Links
They made their own clothes and built their own tools and worked on tiny farms. Lots of economic activity has moved from the home to the stock market since 1812. Via MR. Next, I quote Yglesias, whose blog I’m really enjoying: One of … Continue reading
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