Thanks for the summation, John! Let's hope the circuit breakers work! Nora
On Saturday, May 25, 2013, John Robinson wrote: > Some of the most brilliant mathematical folks on the planet, similar to > Lee. > > They are often referred to as the guys that helped bring the meltdown to > our financial system. Today as I worked in the yard I finished one book > and began (for the second time) a book about "The Quants"....by Scott > Patterson. I find it intriguing, utterly fascinating and bewildering as > well that there are people this smart.....but wrong about their models that > they felt were so impervious.....they can't quantify the human element and > that was their downfall, once it began it was a feeding frenzy that fed > upon one computer model after another. > > Since then they have put in circuit breakers to hopefully give the > machines a wink that the route is over and it's time to move the other > direction. It seems to have really helped and maybe the whiz kids have > also changed the way their programs work....we won't know until the next > time. > > John > > > On May 24, 2013, at 4:52 PM, Harry Jacobson-Beyer wrote: > > What are quants. > On May 24, 2013, at 11:59 AM, Jonathan Fletcher > <[email protected]<javascript:_e({}, 'cvml', '[email protected]');>> > wrote: > > On May 24, 2013, at 11:33 AM, Lee Larson <[email protected]<javascript:_e({}, > 'cvml', '[email protected]');> > > wrote: > > Rand has a database. I wonder with whom he shares it. > > > Politics has become all about databases. Surely you remember all the > stories about how the quants won Obama the last election? > > You'll never again even be able to file as a candidate for an office > without an underground bunker full of database mathemeticians calling the > shots. > > j. > > > > -- > Jonathan Fletcher > FileMaker 9/10/11/12 Certified Developer > > Fletcher Data Consulting > [email protected] <javascript:_e({}, 'cvml', > '[email protected]');> > http://www.fletcherdata.com > 502-509-7137 > > Kentuckiana's FileMaker Developers Group > Next meeting: Tuesday, May 28th, noon to 3:30-ish (Special guest!) > http://www.kyfmp.com > > > _______________________________________________ > MacGroup mailing list > [email protected] <javascript:_e({}, 'cvml', > '[email protected]');> > http://www.math.louisville.edu/mailman/listinfo/macgroup > > > > _______________________________________________ > MacGroup mailing list > [email protected] <javascript:_e({}, 'cvml', > '[email protected]');> > http://www.math.louisville.edu/mailman/listinfo/macgroup > > >
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