The Planck telescope is the smallest telescope that, according to our current understanding of nature, it is meaningful to speak about. This property sets the Planck telescope apart as the natural unit (also called Planck unit) for telescopes.
Forget the prison sentence, I want to learn about the "plasma actuator that could help reduce drag on the wings of drones". (This is a tech site, remember?) So, how do these work?
Actually, the font problem is solved by using XeLaTeX (which uses XeTeX).
Full OpenType support. Looks amazing.
I've been interested in upgrading from LaTeX to something better. Are there any problems with moving from LaTeX to XeTeX? I understand XeTeX can process LaTeX files (right?), but what about LaTeX pakages? Will they work in XeTeX as well?
Your school-versus-work situation made me remember that of a PhD student at my university. His PhD studies are financed by a company and at the start of the project, the university apparently signed over, to the company, the rights to any inventions that might come about as a result of the students work. However, and the company should have known this, according to Swedish law, the rights to the invention belongs to the researcher himself, not his university. So as far as I understand, the financing company sits happliy awaiting inventions they will not get.
Afaict bookies base there odds on the number of bets they get for each outcome (such that whoever wins the bookie wins). Therefore if you push things too hard then the odds will adjust such that your strategy no longer works.
That sounds just like how I would have guessed it. I'm just thinking that the rational betters would push things to the limit, to make more money.
I appreciate that you are willing to answer my questions. Thanks.
Nah the bookies like people who win if only because they are such a small proportion that they don't impact profits significantly and it's good advertising.
But if you really have found a winning strategy you'd be betting more and more money. Others would want you to bet on their behalf and pay you for doing that. Soon enough, the impact would be painful for the bookies. Apparent conclusion: Such winning strategies can't exist for long, because if they did, the bookie would go bankrupt quickly. Don't you agree?
Fortunately most people think its a mugs game which unless you know what you are doing it most certainly is. However all the information on how to pick your bets is already in the public domain. Just do the maths and make sure the betting system you use can sustain 19 losing bets in a row and still give you your required ROI % for each bet when the 20th bet comes in.
But suppose a few people did the maths and bet accordingly. Wouldn't that drive the odds in a direction that made the profitability very small?
Really? That's great! I always thought that the odds people would offer you were so bad that you'd have to be extremely lucky to make even a small profit (in the long run of course). But that is not the case, you say? What about the efficient market argument, that if horse betting was such a golden opportunity, lots of people would exploit that until the odds were adjusted so that the opportunity vanished?
On the other hand, you can use the statistics for your own advantage too. Not the least in games and gambling, where guessing your competitor's status and actions can change the odds quite dramatically. Including games and gambling you don't think of as games and gambling, like placing bids in auctions.
Ooo, this is really interesting! Could you tell us more about how to use such techniques in auctions (and other games too, for that matter). I would appreciate that very much.
In Sweden, the emergency telephone number was previously 90000, 0 being the longest digit and 9 being the next longest (at least on Swedish rotary dials).
Thank you for your explanation. I was hungry for knowledge, and you gave me something to eat, which has now made me hungry for more!
Securitization packages up pools of loans into bonds that get given a credit rating by an agency. A lot of bond buyers just go by the bonds' ratings.
I've understood there exists credit rating agencies, but not why anyone would care about their ratings (they might be bribed, for example) nor what they base their ratings on. And what do they make money from? Who pays them for their work?
Say, I'm a loan officer. I see someone being high-risk. Do I loan out to that person? Well, if I'm at risk, I might not, but since the home prices are going up, I give the loan, and then sell the loan to someone else. I'm not stuck with the loan, and I make money on loaning out money. See where my incentive is to loan out money whether the person can pay back or not?
If it is obvious that the debtor will never be able to pay back, you would have trouble selling the loan, right? Unless the buyer is unaware of the risk involved, of course.
Include parashoots as standard emergency materials for skyscrapers?
There are no easy exits from a skyscraper nor should there be. This wouldn't have saved many lives... if any at all. People would be too scared to jump until absolutely sure the planes are going to hit them.
FWIW The valuation of REAL modern derivatives (Options, swaps and futures) will not be performed using simple differential equations (like Black-Scholes or Binomial model) because such models are based on a lot of very strong assumptions.
Usually what you use are monte-carlo simulation models or other algorithmic driven process (i.e., computational process) which can calculate the correct price of the Derivatives under a weaker set of assumptions.
Which are the assumptions that can be done away with by doing that?
Accounting works that way for historical reasons; it was designed when arithmetic was expensive. Why it stays that way is more interesting, but beyond the scope of this posting.
I'd find it interesting to hear about, if you would care to elaborate or provide links.
Some are not connected to the internet at all, and split with an air gap.
This "air gap", I see mentioned several times, what is it, really? The entire building floating on an air cushion?
And some even more restrictive than that.
You're getting me curious! What are those networks like?
BMI is a bogus and misleading measure. Try percent body fat instead.
What is the correlation between BMI and fraction body fat?
The Planck telescope is the smallest telescope that, according to our current understanding of nature, it is meaningful to speak about. This property sets the Planck telescope apart as the natural unit (also called Planck unit) for telescopes.
Forget the prison sentence, I want to learn about the "plasma actuator that could help reduce drag on the wings of drones". (This is a tech site, remember?) So, how do these work?
Actually, the font problem is solved by using XeLaTeX (which uses XeTeX).
Full OpenType support. Looks amazing.
I've been interested in upgrading from LaTeX to something better. Are there any problems with moving from LaTeX to XeTeX? I understand XeTeX can process LaTeX files (right?), but what about LaTeX pakages? Will they work in XeTeX as well?
It would be interesting to hear why this is.
What a long way we've come since the sixties and seventies. Now we can even photograph the landing sites they used back then. :-/
It costs twice as much in Europe as in the USA.
Your school-versus-work situation made me remember that of a PhD student at my university. His PhD studies are financed by a company and at the start of the project, the university apparently signed over, to the company, the rights to any inventions that might come about as a result of the students work. However, and the company should have known this, according to Swedish law, the rights to the invention belongs to the researcher himself, not his university. So as far as I understand, the financing company sits happliy awaiting inventions they will not get.
Afaict bookies base there odds on the number of bets they get for each outcome (such that whoever wins the bookie wins). Therefore if you push things too hard then the odds will adjust such that your strategy no longer works.
That sounds just like how I would have guessed it. I'm just thinking that the rational betters would push things to the limit, to make more money.
When demonstrating a domain, you use profile.example.com!
Hey, you're just trying to get us to link to your personal domain instead!
I appreciate that you are willing to answer my questions. Thanks.
Nah the bookies like people who win if only because they are such a small proportion that they don't impact profits significantly and it's good advertising.
But if you really have found a winning strategy you'd be betting more and more money. Others would want you to bet on their behalf and pay you for doing that. Soon enough, the impact would be painful for the bookies. Apparent conclusion: Such winning strategies can't exist for long, because if they did, the bookie would go bankrupt quickly. Don't you agree?
Fortunately most people think its a mugs game which unless you know what you are doing it most certainly is. However all the information on how to pick your bets is already in the public domain. Just do the maths and make sure the betting system you use can sustain 19 losing bets in a row and still give you your required ROI % for each bet when the 20th bet comes in.
But suppose a few people did the maths and bet accordingly. Wouldn't that drive the odds in a direction that made the profitability very small?
And I can make more than 20%
Really? That's great! I always thought that the odds people would offer you were so bad that you'd have to be extremely lucky to make even a small profit (in the long run of course). But that is not the case, you say? What about the efficient market argument, that if horse betting was such a golden opportunity, lots of people would exploit that until the odds were adjusted so that the opportunity vanished?
as many girls as boys now taking high school calculus
This particular observation doesn't really tell us much about the respective abilities of the groups, does it?
On the other hand, you can use the statistics for your own advantage too. Not the least in games and gambling, where guessing your competitor's status and actions can change the odds quite dramatically. Including games and gambling you don't think of as games and gambling, like placing bids in auctions.
Ooo, this is really interesting! Could you tell us more about how to use such techniques in auctions (and other games too, for that matter). I would appreciate that very much.
In Sweden, the emergency telephone number was previously 90000, 0 being the longest digit and 9 being the next longest (at least on Swedish rotary dials).
I'm pretty sure that in base-2 with no zero-padding, 100% will start with 1. :-p
100% = 100/100 = 1 = 0b1, which, by the way, looks like "Obi" and sounds like "Obi-Wan" when you say it.
Thank you for your explanation. I was hungry for knowledge, and you gave me something to eat, which has now made me hungry for more!
Securitization packages up pools of loans into bonds that get given a credit rating by an agency. A lot of bond buyers just go by the bonds' ratings.
I've understood there exists credit rating agencies, but not why anyone would care about their ratings (they might be bribed, for example) nor what they base their ratings on. And what do they make money from? Who pays them for their work?
Say, I'm a loan officer. I see someone being high-risk. Do I loan out to that person? Well, if I'm at risk, I might not, but since the home prices are going up, I give the loan, and then sell the loan to someone else. I'm not stuck with the loan, and I make money on loaning out money. See where my incentive is to loan out money whether the person can pay back or not?
If it is obvious that the debtor will never be able to pay back, you would have trouble selling the loan, right? Unless the buyer is unaware of the risk involved, of course.
As opposed to starting just recently. At least that's what one Slashdotter told us last time.
And it's "Bahnhof", not "Barnhof". Hehe.
Include parashoots as standard emergency materials for skyscrapers?
There are no easy exits from a skyscraper nor should there be. This wouldn't have saved many lives ... if any at all. People would be too scared to jump until absolutely sure the planes are going to hit them.
You're thinking of parachutes.
Host: The first man to walk on the Moon.
Computer: Neil Armstrong.
Computer: I mean, who is... Doh!
FWIW The valuation of REAL modern derivatives (Options, swaps and futures) will not be performed using simple differential equations (like Black-Scholes or Binomial model) because such models are based on a lot of very strong assumptions.
Usually what you use are monte-carlo simulation models or other algorithmic driven process (i.e., computational process) which can calculate the correct price of the Derivatives under a weaker set of assumptions.
Which are the assumptions that can be done away with by doing that?
Accounting works that way for historical reasons; it was designed when arithmetic was expensive. Why it stays that way is more interesting, but beyond the scope of this posting.
I'd find it interesting to hear about, if you would care to elaborate or provide links.