Dr. Keynes Was Right
MY RECENT POSTS
- I Hate Neil Irwin
July 08, 2014 02:54PM
- Channeling Yoda
July 04, 2014 02:03PM
- The French Connection
July 02, 2014 03:05PM
- Gaol in Bermuda
June 29, 2014 12:58PM
- The End of The Road
June 25, 2014 09:33AM
MY RECENT COMMENTS
- “Hosed? More like,
flushed down the John!! When
July 05, 2014 10:17AM
- “-- When Ecotopia is an
oasis holding the last bits
potabale water for the
July 04, 2014 06:16PM
- “oops. scanned too fast.
July 03, 2014 08:32PM
- “The American flag????
The star spangled banner!!!
How can you
leave out Jimi
July 03, 2014 08:31PM
- “Ah, but Kochs, et al,
keep pushing the "government
July 03, 2014 07:39AM
Robert Young's Links
FOMC transcripts are released. As you can see, they're
extensive. More text than my single set of eyeballs really
want to endure. Fortunately, the NYT has plenty of eyeballs,
and have gone through them. And published a number of pieces.
What's missing from the w… Read full post »
Ok, I know I should enter some blogging, commenting twelve step
program, but may be tomorrow.
Anyway, one of the many postings, many places, chewing on the WhatsApp buying led me to post the following comment (it starts with a snip from a previous comment):
-- younger users will move from them… Read full post »
Here's an interesting quote (from here):
Does that ring a bell? That kind of trade is similar to transactions in derivative products known as credit default swaps that played a key role in the financial crisis. Credit default swaps allowed investors to bet on the health of housing-related secu… Read full post »
It's the end of the world as we know it
(It's time I had some time alone)
And I feel fine, fine
Yes, yet another pot shot at the Zuck for dropping $4, $12, $16, $19 billion (depending on how you count) for something called WhatsApp. For the record, Forbes says that's for… Read full post »
Nocera talked up some recent books, such as "The Second Machine
Age" and "Who Owns the Future?". His column, both a
confirmation and contradiction rolled in one.
Confirmation, to the extent that the effect of technology is largely as talked about in this endeavor. Contradicti… Read full post »
The AOL brouhaha has finally been outed. We think. The company, at least its CEO, hasn't the foggiest idea what insurance means. Hire an actuary or two. I might even volunteer; kind of like a HuffPo contributor. No, while I'm a nice guy (mostly), I'm not a Fellow.
Most l… Read full post »
The first in a, likely weekly, series of recaps of silliness and
succor during the previous week. Now that there's no foobawl
on Sunday to distract...
Let's start with Maher, from Friday. I didn't note down the numbers, being snuggled up in bed whilst I watched, and transcripts don't appea… Read full post »
There once was a movie (1965), "Boeing, Boeing", a farce (it had to be, of course) starring Tony Curtis and Jerry Lewis.
Bernard's life is turned upside down when his girlfriends' airlines begin putting new, state-of-the-art aircraft into service. These faster airplanes change all of the existing rou… Read full post »
Today's NYT brings yet another
context-free Brooks column, wherein he makes yet more claims of
a rosy future. Sort of.
He starts by trashing previously gold standard smarts, then poses the rhetorical query:
But what human skills will be more valuable?So, what are his candidates?
... people who c… Read full post »
This endeavor started with a missive which asserted that the Bernanke/Obama recovery plan couldn't work
In 2009, who are the unemployed? Not, by and large, workers in factories that will make goods for American consumers. The deindustrialization of the economy, in progress since the 1970's, makes any… Read full post »
Do you prefer your orange juice from the orange, or from the frozen can? Can is cheaper, and, if your water is decent, will taste just as good as the kind in a gallon jug. Which brings us to Humira. I'm watching a golf tournament, and there was just a commercial… Read full post »
Howard Hughes was, arguably, the last truly innovative American capitalist. Today, the likes of Apple are gifted with patents on such silliness as a rounded corner rectangle. The processor in that rectangle was created by a bunch of Socialist Brits, for crying out loud. And built by… Read full post »
In today's news from Wal-Mart:
"... the sales impact from the reduction in SNAP (the U.S. government Supplemental Nutrition Assistance Program) benefits that went into effect Nov. 1 is greater than we expected."
OK, so Goliath took a hit. How long will it be that all them good ole Southern capita… Read full post »
Watching Keith Olbermann voice-over sports clips is to see an utter waste. I had no concept of Olbermann before is MSNBC stint, but I do catch bits of him whilst waiting for the local weather to come on. And thus I discovered "bye, Felicia". Who the hell is she? Near as… Read full post »
How would you like to be a P/C actuary for one of the Bermuda Re-insurers these days? (In what follows, the discussion is around so called CAT bonds, which will be explained. While the events discussed were covered by regular liability insurance, such events should be covered privately, a… Read full post »
All these limp wristed whiners need to shut up. Yes, it
might be a tad chilly in the Meadowlands for the Super Bowl (and on
Ground Hog's Day, in case you forgot; census day on Block Island,
too). So what? Here's some important data.
Here's the rundown on the NFL Championship games.&n… Read full post »
The quant/bankster types took something of a hit during/following The Great Recession (it is over, right?) for being the enablers of The Giant Pool of Money to bubble up through the housing markets. Yes, plural; Spain and Ireland to name just two others. I've gushed untold keystrokes in t… Read full post »
Every now and again, research of nature's laws can be applied to
human behavior and actually make sense. Eye of the beholder
and all that, is assumed.
There was reporting a while back that Facebook had lost some teenage users. Now comes a study of Facebook as organism. A human virus,… Read full post »
Just when you thought things couldn't get any stupider, candy is now trademarked. I don't play the game, so I suppose I don't care, but come on?
Developers have not been too happy about the news - especially given that Candy Crush Saga is itself essentially a finessed version of the… Read full post »
Shiller gets to go to Stockholm and bloviate, while I'm stuck
here in Arctic New England. Life ain't fair. At least,
he's provided a precis of the proceedings. And, in the
process, elevated my view of Left Wingnuts.
There are two major points: first, quants mostly get it… Read full post »
A couple of dovetail bits of news today.
First, a debate about whether stocks, broadly, are overvalued.
Second, Intel's dog not barking in the night.
Anecdotal evidence, to be sure, but another couple of data points aimed at the emerging thesis (separate and apart from the QE perturbation) that c… Read full post »
Net neutrality is dead!!! Long live Robo Cop!!! Or, what does the future hold now that net neutrality is gone?? The problem for quants is that, while data driven analysis makes perfect sense in the real world, i.e. the ones driven by forces of nature, the process gets squishy when t… Read full post »
(Another in the occasional techy post.)
The stream of R books continues. Amazon sent this one along this morning. This is the chapter 10 Title:
Loops, The Un-R Way to IterateA step in the right direction. Which brings us to a couple of posts that popped up on R-bloggers,…
How old would you think the word 'monoculture' is? My
guess, before I went out to discover, was at least since Stephen J.
Gould. Turns out, that's wrong, that is, off by a bunch.
According to here, it appeared in the OED for the first time in 1901. Which likely means it… Read full post »
All you need to know to understand why we are oppressed by Liberal Media (this is NBC news web page):
Dallas Billionaire Philanthropist Harold Simmons Dies
Simmons was the evil lying sack of shit who created "Swift Boat Veterans for Truth".
I guess philanthropy has gotten a new de… Read full post »
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