Before long, car insurance to drive manually will cost _more_ than fully automated driving until, eventually, manual driving is a special privilege or is relegated to private driving tracks.
In the movie, Margin Call (2011), the investment bank that saw the danger of their risk exposure first was prompted to sell and start a massive panic that sunk a competitor. The movie is loosely based on the Lehman crisis.
"John Tuld: There are three ways to make a living in this business: be first, be smarter, or cheat. "
I think there is a misperception that quants just run wild with models with catastrophic results and that they are naive when it comes to practical matters.
However, quants are also taught about "model risk" to include things like: wrong assumptions, poor estimation of parameters, errors in discretization, etc.
Let's also not forget the positive social value of financial innovation. It helps you borrow at lower rates, pay less for insurance, etc. There were a few problems that led to this financial crisis and I think quants played a relatiely minor role.
Corporations don't pay taxes if they can help it. There is literally a separate set of financial reports made to the IRS than is made to Wall Street. Different depreciation methods, inventory valuation, and other stuff I don't understand completely.
I think it is most interesting that Einstein also recognized a problem. I believe the same ideas apply whether we are talking about armed conflicts or conflict with our environment.
"A human being is part of the whole called by us universe , a part limited in
time and space. We experience ourselves, our thoughts and feelings as
something separate from the rest. A kind of optical delusion of
consciousness. This delusion is a kind of prison for us, restricting us to
our personal desires and to affection for a few persons nearest to us. Our
task must be to free ourselves from the prison by widening our circle of
compassion to embrace all living creatures and the whole of nature in its
beauty... We shall require a substantially new manner of thinking if mankind
is to survive." - Albert Einstein
How do you promote this kind of compassion? Can you teach it in a school? We need to care about our communities but instead we have become more and more isolated.
I've been thinking about putting together a PVR/Media PC to hook to the TV. The TV has VGA/DVI in.
Is there good software/hardware for OSX that would make this practical? Being quiet and sized the way it is, it has several qualities I've been looking for.
I'd basically add wireless net, wireless keyboard/mouse, USB PVR hardware, and maybe a big USB disk for storage.
Since I'd like to try out OSX anyway, this might be a neat way to.
Any thoughts?
Panasonic's SigmaBook has twin 1024x768 screens and runs on two AA batteries. It also reads memory sticks I believe.
http://neohio.craintech.com/cgi-bin/article.pl?art icleId=2872
As far as I can tell, you can actually order these right now from Japan for $350-$400:
http://www.sigmabook.jp
Oh, it will also let you roll your own texts with BMPs.
I'd like to scan all of my textbooks using an ADF setup. Bulky textbooks are a major pain in my back.
How about some scheme where you enter characters as well as bogus characters and, using the mouse, position the cursor at various points and use the delete button to remove only the bogus characters. If you did it involved enough -wouldn't that be a way to get around it?
For the DIY crowd, you could probably build a similar device yourself. It would not look as pretty or have quite as small dimensions -but might be close.
I fit the core of a 300MHz/128MB/15GB computer into a 6" x 4" x 1 1/2" enclosure (without battery). That core plus a 4inch LCD and some USB peripherals would meet or exceed the eightythree's specs.
The key is power consumption. The board I use only draws 5W (depending on amount of RAM). A couple of regulated camcorder batteries could power it for 10+ hrs.
Here are some of the components I used:
-Nagasaki PC104-586V ($415)
-128MB SODIMM
-15GB HDD (but note, you can get up to 60GB these days!)
-small USB ethernet
-small USB audio (better quality than on-board anyway)
-wires, leds etc
I use Sony infolithium camcorder batteries as a power source. I'm going to use a head-mounted display, so I haven't hooked up a small screen (they cost hundreds of dollars).
I hope that some of you will become interested in embedded hardware so we can improve the web's knowledgebase.
CISV has 50+ years of experience bringing children from 100+ countries
together. Perhaps they could help to find solutions to some of the common
issues you will no doubt address?
As a participant, I have been to Egypt and Nigeria when I was 13 and 11.
I'm sure I could arrange for someone to speak with you about how they might assist with your project.
Check out CISV
-Erastus
After reading Neal Stephenson's "In The Beginning.. Was The Command Line", and after some reflection, I came to a conclusion that was before just a fuzzy unsupported notion:
That GUIs do not allow the flexibility of using a language that command lines do. The buttons just don't offer that kind of rich control.
Slashdot Mirror
Before long, car insurance to drive manually will cost _more_ than fully automated driving until, eventually, manual driving is a special privilege or is relegated to private driving tracks.
In the movie, Margin Call (2011), the investment bank that saw the danger of their risk exposure first was prompted to sell and start a massive panic that sunk a competitor. The movie is loosely based on the Lehman crisis. "John Tuld: There are three ways to make a living in this business: be first, be smarter, or cheat. "
I think there is a misperception that quants just run wild with models with catastrophic results and that they are naive when it comes to practical matters. However, quants are also taught about "model risk" to include things like: wrong assumptions, poor estimation of parameters, errors in discretization, etc. Let's also not forget the positive social value of financial innovation. It helps you borrow at lower rates, pay less for insurance, etc. There were a few problems that led to this financial crisis and I think quants played a relatiely minor role.
AAPL has a Beta of 2.91 which means its price generally moves three times what the broader market does. Now check this chart showing AAPL compared to the S&P500: http://finance.yahoo.com/q/ta?t=1d&s=AAPL&l=on&z=m&q=l&c=&c=%5EGSPC
Corporations don't pay taxes if they can help it. There is literally a separate set of financial reports made to the IRS than is made to Wall Street. Different depreciation methods, inventory valuation, and other stuff I don't understand completely.
If we can't sneak around pretending to kill each other - the Terrorists have won!
How do you promote this kind of compassion? Can you teach it in a school? We need to care about our communities but instead we have become more and more isolated.
I've been thinking about putting together a PVR/Media PC to hook to the TV. The TV has VGA/DVI in. Is there good software/hardware for OSX that would make this practical? Being quiet and sized the way it is, it has several qualities I've been looking for. I'd basically add wireless net, wireless keyboard/mouse, USB PVR hardware, and maybe a big USB disk for storage. Since I'd like to try out OSX anyway, this might be a neat way to. Any thoughts?
Panasonic's SigmaBook has twin 1024x768 screens and runs on two AA batteries. It also reads memory sticks I believe. http://neohio.craintech.com/cgi-bin/article.pl?art icleId=2872
As far as I can tell, you can actually order these right now from Japan for $350-$400:
http://www.sigmabook.jp
Oh, it will also let you roll your own texts with BMPs.
I'd like to scan all of my textbooks using an ADF setup. Bulky textbooks are a major pain in my back.
How about some scheme where you enter characters as well as bogus characters and, using the mouse, position the cursor at various points and use the delete button to remove only the bogus characters. If you did it involved enough -wouldn't that be a way to get around it?
For the DIY crowd, you could probably build a similar device yourself. It would not look as pretty or have quite as small dimensions -but might be close.
I fit the core of a 300MHz/128MB/15GB computer into a 6" x 4" x 1 1/2" enclosure (without battery). That core plus a 4inch LCD and some USB peripherals would meet or exceed the eightythree's specs.
The key is power consumption. The board I use only draws 5W (depending on amount of RAM). A couple of regulated camcorder batteries could power it for 10+ hrs.
Here are some of the components I used:
-Nagasaki PC104-586V ($415)
-128MB SODIMM
-15GB HDD (but note, you can get up to 60GB these days!)
-small USB ethernet
-small USB audio (better quality than on-board anyway)
-wires, leds etc
I use Sony infolithium camcorder batteries as a power source. I'm going to use a head-mounted display, so I haven't hooked up a small screen (they cost hundreds of dollars).
I hope that some of you will become interested in embedded hardware so we can improve the web's knowledgebase.
CISV has 50+ years of experience bringing children from 100+ countries together. Perhaps they could help to find solutions to some of the common issues you will no doubt address? As a participant, I have been to Egypt and Nigeria when I was 13 and 11. I'm sure I could arrange for someone to speak with you about how they might assist with your project. Check out CISV -Erastus
That GUIs do not allow the flexibility of using a language that command lines do. The buttons just don't offer that kind of rich control.