Irony

I got this invite thingy for the somewhat long winded –  The 100WHF-Stanford PACS Conference: A New Era of Alpha & Altruism It is being presented by a group called 100 Women In Hedge Funds which is a professional body that aims to support women working in the financial arena. All in all a good…

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Prediction

I have written about prediction a few times in the past – the main thrust of my argument is that it is – 1. Pointless 2. Experts dont have a friggen clue This is a nice little podcast on Philip Tetlock one of the driving forces behind the pointlessness of experts philosophy. So Tetlock took…

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Dreaming

I have been pondering the psychological utility of things such as playing the lottery. I fully accept that the odds against winning are astronomical and are as follows –   Tattslotto      1 in 8,145,060 Oz Lotto         1 in 45,379,620 Powerball       1 in 54,979,155 Now balance these…

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Nice Work If You Can Get It

It paid to be a top-performing hedge fund manager in 2011—very, very well for the some of the biggest names in the industry, in fact. Bridgewater Associates founder Ray Dalio was named the highest-paid hedge fund manager of the year by Forbesmagazine’s annual list of the 40 best-paid hedgies, which estimates that Dalio earned $3 billion…

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