Comments for Dear John Thain

Comment on A Recounting of Recent History by quantum probability

quantum probability — Wed, 24 Nov 2010 09:27:14 +0000

Nothing worth reading in the Scientific American article. If you’ve heard of Dan Ariely then there’s nothing new.

PS This post is the reason PageRank is terrible as a way to rate the web anymore! People are more likely to link to a “this looks interesting, based on the title…” page than something they’ve chewed and digested.

Comment on Maybe Charlie Gasparino is Too Simple to Grasp The Obvious by quantum probability

quantum probability — Wed, 24 Nov 2010 09:24:00 +0000

Hooray. Thanks for turning up the signal-to-noise ratio in the blogosphere.

Comment on Maybe Charlie Gasparino is Too Simple to Grasp The Obvious by quantum probability

quantum probability — Wed, 24 Nov 2010 09:23:42 +0000

Hooray. Thanks for turning up the content ratio in the blogosphere.

Comment on T-Minus 12 Months to the Rally by quantum probability

quantum probability — Wed, 24 Nov 2010 09:08:39 +0000

Doesn’t sound like that high of a rate for distressed investment.

Makes me angry that small businesses can’t have access to capital because of their lack of name brand, while screw-ups by famous players get credit-card-rate funding.

What if 50% of the assets dump to zero?

Comment on No Walking on the (Wall) Street by quantum probability

quantum probability — Wed, 24 Nov 2010 09:04:50 +0000

Accounting / finance / B-school people run too much of the business world, rather than common sense people / listeners.

On the other hand, if you have mounds of data you can try to approach consumer behavior “scientifically” — though this is better for imputing than extrapolating and leads more to a country filled with franchises along highways than a land of innovation and imagination.

Comment on No Walking on the (Wall) Street by quantum probability

quantum probability — Wed, 24 Nov 2010 09:02:20 +0000

b) it’s fun, something to care about
c) it’s fun, you keep up with your distance friends easier
d) romance / dreams
e) they realize there’s more to life than career
g) long tail
h) When you’re religious, the rubric for making decisions is different. The starting point is different, the rules of evaluation are different, and the answer-checking is different.

Comment on This is compensation, it is also a game. by quantum probability

quantum probability — Wed, 24 Nov 2010 08:58:06 +0000

Easy answer, dude. Raiffa-Kalai-Smorodinsky equilibrium. Or perhaps in finance, people are more “rational” and it would be the arg max of the Nash product of employees’ utility functions of bonuses.

Comment on I hedged the “Hail Mary” by quantum probability

quantum probability — Wed, 24 Nov 2010 08:55:38 +0000

yum, sabermetrics.

What would be the outcome of making higher-moment-based trades in sports markets? On the market itself, I mean.

Comment on Mindset Arbitrage by quantum probability

quantum probability — Wed, 24 Nov 2010 08:54:19 +0000

“This is why it is possible for one to sell securitized products at a net interest rate less than the underlying assets. ”

Still not crystal clear.

Comment on Mindset Arbitrage by quantum probability

quantum probability — Wed, 24 Nov 2010 08:51:36 +0000

-A cash flow business as opposed to what?

-What is the efficiency gain from mastering all the bond math anyway?

-Like how you use the media as proof.

- Why did those who went long/short relative tranche bets think the secure parts would mark a price change?