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Tag Archives: heuristics

Friends, here is the compilation: 193 Aphorisms and Heuristics…

Friends, here is the compilation: 193 Aphorisms and Heuristics, largely from here. Once I reach 500, there will be Volume 2 of Bed of Procrustes. https://drive.google.com/file/d/0B8nhAlfIk3QIODdHYl95d1dWNE0/edit via Facebook.

Finally, here is a mathematical proof that the “heuristics” used by traders…

Finally, here is a mathematical proof that the “heuristics” used by traders and derived bottom-up are both more robust and more rigorous (mathematically) than the pseudomathematics used by economists. The best way to beat economists is to be more rigorous mathematically than they are, not discard the math. http://www.fooledbyrandomness.com/OptionPricing.pdf via Finally, here is a mathematical […]

A BS detection Heuristic. You can tell if a discipline is BS…

A BS detection Heuristic. You can tell if a discipline is BS if the degree depends severely on the prestige of the school granting it. I remember when I applied to MBA programs being told that anything outside the top 10 or 20 would be a waste of time. On the other hand a degree […]

What is a Convex Heuristic

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Never trust a journalist unless she’s your mother. “99 heuristics”

Never trust a journalist unless she’s your mother. “99 heuristics” via Never trust a… | Facebook.