:) yeah, just the banker's dream, predict tomorrow's stocks or the overnite lending rate, and off he goes with a big tummy..., except real life algorithms are harder....
> Ha ha ha! > That's the basic idea behind the terminator series of movies! > :-) > > The machines develop that ability you are talking about, and then decide > to > "terminate" all the humans. > In T2, Schwarzeneger plays my 2nd favorite machine ever filmed (#1 is > R2D2, > who probably inspired Android) > > R. > > > > On Fri, Nov 9, 2012 at 3:57 PM, > <[email protected]>wrote: > >> :) how about when the algorithm has the ability to evolve depending on >> the >> situation at hand? >> >> > I did a stint in the treasury department of a bank and also thought >> > algorithms were a good idea. Some fuzzy logic to detect market >> > trends and a good rule base (prolog?) to handle decisions. But there >> is a >> > problem when all the other traders are human and they decide >> > to, "game" the system. I have seen it happen before! The problem with >> > algorithms is that the market is in constant flux. >> > >> > As a science project, coding such an app would be fun but >> unfortunately >> it >> > requires more economists than computer programmers. >> > Reminds me, do you guys giggle when watching "Numb3rs"? if numb3rs was >> > factual then the aforementioned algorithms would be more prevalent. >> > >> > >> > >> > From: [email protected] [mailto:[email protected]] On >> Behalf >> > Of >> > Simon Vass >> > Sent: Friday, 09 November, 2012 12:00 >> > To: Uganda Linux User Group >> > Subject: Re: [LUG] [OT] Brave New World >> > >> > >> > >> > Lately I think I would have had faith in a Hollywood actor stuck >> inside >> > the >> > engine bay an 80's car to make better choices that some of these so >> called >> > Traders. >> > >> > >> > >> > >> > >> > On 9 November 2012 11:56, Richard Obore <[email protected] >> > <mailto:[email protected]> > wrote: >> > >> > Very interesting! >> > But even if its the KITT [http://knightrideronline.com/], i expect >> pain... >> > >> > Here's the 1 page summary of a related sob story i've been following: >> > >> http://www.forbes.com/sites/halahtouryalai/2012/08/06/knight-capital-the-ide >> > al-way-to-screw-up-on-wall-street/ >> > >> > Poor rich banksters! >> > >> > R. >> > >> > >> > >> > On Fri, Nov 9, 2012 at 10:31 AM, Paul Bagyenda <[email protected] >> > <mailto:[email protected]> > wrote: >> > >> > Algorithms are cheaper than human traders. Apparently: >> > >> > >> > >> > >> http://business.financialpost.com/2012/11/07/ubs-fires-trader-replaces-him-w >> > ith-computer-algorithm/ >> > >> > >> > >> > _______________________________________________ >> > The Uganda Linux User Group: http://linux.or.ug >> > >> > Send messages to this mailing list by addressing e-mails to: >> > [email protected] >> > <mailto:[email protected]> >> > Mailing list archives: http://www.mail-archive.com/[email protected]/ >> > Mailing list settings: http://kym.net/mailman/listinfo/lug >> > To unsubscribe: http://kym.net/mailman/options/lug >> > >> > The Uganda LUG mailing list is generously hosted by INFOCOM: >> > http://www.infocom.co.ug/ >> > >> > The above comments and data are owned by whoever posted them >> (including >> > attachments if any). The mailing list host is not responsible for them >> in >> > any way. >> > >> > >> > >> > _______________________________________________ >> > The Uganda Linux User Group: http://linux.or.ug >> > >> > Send messages to this mailing list by addressing e-mails to: >> > [email protected] >> > <mailto:[email protected]> >> > Mailing list archives: http://www.mail-archive.com/[email protected]/ >> > Mailing list settings: http://kym.net/mailman/listinfo/lug >> > To unsubscribe: http://kym.net/mailman/options/lug >> > >> > The Uganda LUG mailing list is generously hosted by INFOCOM: >> > http://www.infocom.co.ug/ >> > >> > The above comments and data are owned by whoever posted them >> (including >> > attachments if any). The mailing list host is not responsible for them >> in >> > any way. >> > >> > >> > >> > >> > >> > >> > >> > -- >> > Simon Vass >> > >> > Managing Director >> > >> > E-Tech Uganda Ltd >> > >> > http://www.etech.ug >> > >> > Tel: +256 (0) 312260620 >> > >> > Email: [email protected] <mailto:[email protected]> >> > >> > >> > >> > >> > >> > _______________________________________________ >> > The Uganda Linux User Group: http://linux.or.ug >> > >> > Send messages to this mailing list by addressing e-mails to: >> > [email protected] >> > Mailing list archives: http://www.mail-archive.com/[email protected]/ >> > Mailing list settings: http://kym.net/mailman/listinfo/lug >> > To unsubscribe: http://kym.net/mailman/options/lug >> > >> > The Uganda LUG mailing list is generously hosted by INFOCOM: >> > http://www.infocom.co.ug/ >> > >> > The above comments and data are owned by whoever posted them >> (including >> > attachments if any). The mailing list host is not responsible for them >> in >> > any way. >> >> >> _______________________________________________ >> The Uganda Linux User Group: http://linux.or.ug >> >> Send messages to this mailing list by addressing e-mails to: >> [email protected] >> Mailing list archives: http://www.mail-archive.com/[email protected]/ >> Mailing list settings: http://kym.net/mailman/listinfo/lug >> To unsubscribe: http://kym.net/mailman/options/lug >> >> The Uganda LUG mailing list is generously hosted by INFOCOM: >> http://www.infocom.co.ug/ >> >> The above comments and data are owned by whoever posted them (including >> attachments if any). The mailing list host is not responsible for them >> in >> any way. >> > _______________________________________________ > The Uganda Linux User Group: http://linux.or.ug > > Send messages to this mailing list by addressing e-mails to: > [email protected] > Mailing list archives: http://www.mail-archive.com/[email protected]/ > Mailing list settings: http://kym.net/mailman/listinfo/lug > To unsubscribe: http://kym.net/mailman/options/lug > > The Uganda LUG mailing list is generously hosted by INFOCOM: > http://www.infocom.co.ug/ > > The above comments and data are owned by whoever posted them (including > attachments if any). The mailing list host is not responsible for them in > any way. _______________________________________________ The Uganda Linux User Group: http://linux.or.ug Send messages to this mailing list by addressing e-mails to: [email protected] Mailing list archives: http://www.mail-archive.com/[email protected]/ Mailing list settings: http://kym.net/mailman/listinfo/lug To unsubscribe: http://kym.net/mailman/options/lug The Uganda LUG mailing list is generously hosted by INFOCOM: http://www.infocom.co.ug/ The above comments and data are owned by whoever posted them (including attachments if any). The mailing list host is not responsible for them in any way.
