There’s Enough Math in Finance Already. What’s Missing is Imagination.
bigthink asked:
There’s Enough Math in Finance Already. What’s Missing is Imagination.
Kansieo.com
Tags: Finance, Imagination, Math
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on Tuesday, February 7th, 2012 at 8:12 am and is filed under People.
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The bollx is my comment who broke youtube is still broken soz where the bollx is still broken soz where the bollx is my comment who broke youtube is my comment who.
@DonFuego1 Your statement is invalid. You wanted to say that I feel somehow superior but you accidentally said that the others feel somehow superior. If you want to offend me, use correct grammar please.
Either way, it’s sad how you love to judge other people you don’t know at all as if you were somehow superior.
@twistedbass15 Actually a lot of the intelligence is in finance. Four or five of the best mathematicians of our time currently design mathematical models for high frequency trading firms. Arguably some of the most “intelligent” people on the planet work on the math end of finance.
@Kenji314159 It’s sad how people who are truly ordinary, like you, love to judge others as if they were somehow superior.
@manonthemount True, that is where most of the imagination is currently applied. Plenty of imagination in the creation of new instruments. Where we really need imagination is in the creation of a new regulatory structure that controls how all the instruments and institutions using them interact. Forget imagination in risk prediction, lets imagine some bankruptcy rules and work our way up from there.
@minimalist34 What in the world are you talking about. What does OWS have to do with anything at all that this guy said about mathematicians and their models not being able to predict the infinite possible scenarios in a financial market.
@rogueremis I dachten het fundamenteel zeggend was wij mathematcial modellen hebben die eisen om risico te voorspellen, maar wij can' t voorspelt alle mogelijke scenario’s. Onze nog beperkte modellen areï“ ¿, en moeten alle mogelijke scenario’s kunnen beoordelen zelfs als zij oneindig zijn. Wij moeten fantasierijker in ons gebruik van math zijn om de toekomst te voorspellen. Wat u " betekenen; menselijke connection".
ik zie dit als vaste goedkeuring van Oostenrijkse economie ï“ ¿
This was basically a really fancy way of saying. We can do 2+2=4, but we’re really lacking in getting to actually know what people want and are interested for the future. We’ve lost Human connection.
this guy is ugly
@TunioMir what if there are an infinite number of variables? in reality you would at least have to include the minds of all inhabitants of planet earth, thats 7 billion variables. but that would still accumulate errors unless you went smaller. say all the cells in all human’s brains, but there would still be errors, so you have to go smaller. like all molecules in all human bodys…… you can see where that’s going. at some point it gets impractical to become more accurate.
The processing ability deal with it believe the information and the information and the information and the information and the only reason math is because there arent enough variables.
no this guy is spot on, try to not apply the occupy wall street movement for a second and think purely as acting as individual. (BTW i support the ows movement). He’s talk in terms of an investor, trying read the markets, foresee where capital will move, what will be vital, e.g. silicon valley late 80’s, FDI in China 90’s
Bedazzled sounds like the Faust Legend.
@Kenji314159 It' s in de video. Emanuelï“ ¿ Derman.
@Jinmane i cant find his name
@Kenji314159 Look at this guy’s Wikipedia page. He’s actually remarkably accomplished, and far from ordinary.
@tankusfred People.ï“ ¿
@Anonymous247n What the… compassion? Compassion toward what? O_o
@kenji314159 Importance is relative.
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NO, what’s missing is COMPASSION.
I’m not shooting that fookin’ prawn!!!
looks like im renting bedazzled tonight
' imaginative' het terrein van financi