“Good or bad, moral or immoral, people are going to make markets and trade via computers, and this is a natural area of financial engineers,”
-Emanuel Derman
“Good or bad, moral or immoral, people are going to make markets and trade via computers, and this is a natural area of financial engineers,”
-Emanuel Derman
Posted at 07:39 PM in Reflections | Permalink | Comments (0) | TrackBack (0)
“In three words I can sum up everything I’ve learned about life: it goes on.”
– Robert Frost
Posted at 08:43 AM in Reflections | Permalink | Comments (0) | TrackBack (0)
What lies behind you and what lies in front of you, pales in comparison to what lies inside of you.
- Ralph Emerson.
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Mathematics is discovered in much the same way as any other science - by experimentation (here, simulation) followed by confirmation (proof). All too often, students think mathematics was created by divine inspiration since, by the time they see it in class, all the "dirty work" has been "cleaned up."
- Prof Alan Levine
I guess the "dirty work" is where all the fun lies !
Posted at 07:00 AM in Reflections | Permalink | Comments (0) | TrackBack (0)
You can't treat cancer with pain killers. That's what is happening to US Banking.
- Taleb
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Any poet, even the most allergic to mathematics, has to count up to twelve in order to compose an alexandrine.
- Raymond Queneau
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Noah’s Ark was built by amateurs. It took professionals to build the Titanic.
Posted at 08:52 AM in Reflections | Permalink | Comments (0) | TrackBack (0)
Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones.
- Benjamin Franklin
Posted at 09:33 AM in Reflections | Permalink | Comments (0) | TrackBack (0)
"A good traveler has no fixed plans, and is not intent on arriving."
- Lao Tzu
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Via Mihaly Csikszentmihalyi((pronounced "CHICK-sent-me-high-ee") , Chicago professor and the author of one the most influential books,"FLOW" says , being in flow means :
Posted at 07:27 AM in Reflections | Permalink | Comments (0) | TrackBack (0)
A programmer can write tens of thousands of lines of code, and produce a lot of software that works. A less productive coder can write a tenth of the lines, perhaps even editing down what she writes so that there’s less code, but they’re better written. This small program might be the most useful thing on many people’s computers, flawless code that just works.
- Leo Babauta
Posted at 10:18 PM in Reflections | Permalink | Comments (0) | TrackBack (0)
All models are wrong, some models are useful.
- George E. P. Box
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It has been 2 months since I have coded a single line of C# . Today I have to use it again for some reason and I seem to have forgotten everything about it. My short term memory is killing me !.. Every once in a while I face this problem. A month ago, I forgot ruby syntax. It took me almost a day to get back to speed. A few months ago, same thing happened with PostgreSQL syntax. 3 months back with VBA Syntax!!
Sometimes I think I have to live with short term memory thing . Like now, I have to spend god knows, how many hours to get back to speed on C#. I don't know how good programmers maintain their syntax knowledge for something they have not coded for a couple for months. May be they have good memory or they have some good memory aids. Whatever that might be, I seem to be lacking..
Short term memory has also been a boon to me. I don't remember much of the past which kind of makes me feel lighter and approach any subject/ concept with no prior hypotheses...But in situations where you have to code which means you got to remember syntax, I become painfully aware of my handicap! Don't know when I will find out a solution to remember syntax for at least a few languages that I am certain to use in my working life --- Ruby, Rails, C#, VBA, C++, C, R, PostgreSQL .
Posted at 08:07 AM in Reflections | Permalink | Comments (0) | TrackBack (0)
We are drowning in information and starving for knowledge.
–Rutherford D. Roger
Posted at 09:47 AM in Reflections | Permalink | Comments (1) | TrackBack (0)
Via Jayanth:
but its should not be like fish and fisherman.
Posted at 05:46 PM in Reflections | Permalink | Comments (0) | TrackBack (0)
Via ZenHabits:
Have a disconnect time each day. It’s like setting office hours if you’re a professor — you set the times that work best for you, and you can even let people know about these times. Let’s say you are disconnected from 8-10 a.m. each day, or 4-5 p.m., or even anytime after 2 p.m. Tell people your policy, so they know you won’t be available for email or IM. And use this time to create.
Posted at 07:03 AM in Reflections | Permalink | Comments (0) | TrackBack (0)
Even though this technique is Stat arb 101, the advantage of this method is designed more to exploit the investor's over-reaction to the events.
Posted at 09:28 AM in Reflections | Permalink | Comments (0) | TrackBack (0)
I started blogging a few years back, a big thanks to my friend TP who motivated me.... Today Typepad had a message that I have blogged my 1000th post. Did blogging help me? Its a resounding yes because I have understood things better once I had written them down, most relevant in this case are book summaries.
Posted at 12:30 AM in Reflections | Permalink | Comments (7) | TrackBack (0)
Nice points about "working out" via Zen Habits
Exercise:
Posted at 12:15 AM in Reflections | Permalink | Comments (0) | TrackBack (0)
To Be of Use
- Marge Piercy
The people I love the best
jump into work head first
without dallying in the shallows
and swim off with sure strokes almost out of sight.
They seem to become natives of that element,
the black sleek heads of seals
bouncing like half-submerged balls
I love people
who harness themselves, an ox to a heavy cart,
who pull like water buffalo, with massive patience,
who strain in the mud and the muck to move things forward,
who do what has to be done, again and again
I want to be with people who submerge
in the task, who go into the fields to harvest
and work in a row and pass the bags along,
who are not parlor generals and field deserters
but move in a common rhythm
when the food must come in or the fire be put out.
The work of the world is common as mud.
Botched, it smears the hands, crumbles to dust.
But the thing worth doing well done
has a shape that satisfies, clean and evident.
Greek amphoras for wine or oil,
Hopi vases that held corn, are put in museums
but you know they were made to be used.
The pitcher cries for water to carry
and a person for work that is real.
Posted at 11:29 AM in Reflections | Permalink | Comments (2) | TrackBack (0)
“First we make our habits, then our habits make us.”
- Charles C. Noble
Posted at 10:16 PM in Reflections | Permalink | Comments (0) | TrackBack (0)
Parsimony is desirable but not always obtainable
- Edward Jackson (PCA Practitioner)
I guess it's true sometimes, about of our lives too !.
Posted at 01:13 PM in Reflections | Permalink | Comments (0) | TrackBack (0)
In God we trust; all others bring data.
—Dr. W. Edwards Deming
Posted at 10:38 PM in Reflections, Statistics | Permalink | Comments (0) | TrackBack (0)
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"What can be done with fewer is done in vain with more"
- William of Ockham
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