Relevant and even prescient commentary on news, politics and the economy.

Finance and belief in how markets work

Via Naked Capitalism comes this post from Cathy O’Niel, Black Scholes and the normal distribution. form her blog mathbabe. (re-posted with permission from the author). There have been lots of comments and confusion, especially in this post, over what people in finance do or do not assume about how the markets work. I wanted to dispel […]

Statisticians aren’t the problem for data science. The real problem is too many posers

I met Cathy for coffee in Cambridge when she was presenting at MIT awhile ago.  I liked her style and knowledge.  Re-posted with permission from the author. by Cathy O’Neila data scientist who lives in New York City and writes at mathbabe.org Statisticians aren’t the problem for data science. The real problem is too many […]