Innumerate Claim of the Day: NASA Scientists Dispute Climate Change
So I get this email from a colleague today offering me “proof” that global warming is a scam. His “overwhelming evidence”? A letter from 49 former NASA Scientists. NASA is in open revolt over climate change! Wow, 49 Scientists? That’s really impressive (at first glance!) Let’s see if it holds up to scrutiny. Whenever I...
Is Stock Picking Back?
Marketbeat notes a research piece from Savita Subramanian of BofA/Merrill (gee, they seem to be coming up a lot lately; I have to stop hanging around with Rosenberg) that mentioned the outperformance by active managers has been getting passed around institutional desks a lot lately. Three different hedgies sent me this excerpt: A good quarter...
Is Stock Picking Back?
Marketbeat notes a research piece from Savita Subramanian of BofA/Merrill (gee, they seem to be coming up a lot lately; I have to stop hanging around with Rosenberg) that mentioned the outperformance by active managers has been getting passed around institutional desks a lot lately. Three different hedgies sent me this excerpt: A good quarter...
Is Stock Picking Back?
Marketbeat notes a research piece from Savita Subramanian of BofA/Merrill (gee, they seem to be coming up a lot lately; I have to stop hanging around with Rosenberg) that mentioned the outperformance by active managers has been getting passed around institutional desks a lot lately. Three different hedgies sent me this excerpt: A good quarter...
Is Stock Picking Back?
Marketbeat notes a research piece from Savita Subramanian of BofA/Merrill (gee, they seem to be coming up a lot lately; I have to stop hanging around with Rosenberg) that mentioned the outperformance by active managers has been getting passed around institutional desks a lot lately. Three different hedgies sent me this excerpt: A good quarter...
Is Stock Picking Back?
Marketbeat notes a research piece from Savita Subramanian of BofA/Merrill (gee, they seem to be coming up a lot lately; I have to stop hanging around with Rosenberg) that mentioned the outperformance by active managers has been getting passed around institutional desks a lot lately. Three different hedgies sent me this excerpt: A good quarter...
Is Stock Picking Back?
Marketbeat notes a research piece from Savita Subramanian of BofA/Merrill (gee, they seem to be coming up a lot lately; I have to stop hanging around with Rosenberg) that mentioned the outperformance by active managers has been getting passed around institutional desks a lot lately. Three different hedgies sent me this excerpt: A good quarter...
Seasonal Adjustments: Fun With Numbers, Redux
There are three types of people in the world: Those who understand Statistics, and everyone else. > Why do so many fund managers underperform? Our host and overlord frequently references cognitive issues, but I am beginning to suspect the problem is simpler: An glaring lack of fundamental math skills. Those of us who stress data...
How Many Companies Have Been “The Largest”?
Apple is the 11th company to become the largest by market capitalization: > click for larger graphic > Source: Confronting a Law Of Limits JAMES B. STEWART Published: February 24, 2012 http://www.nytimes.com/2012/02/25/business/apple-confronts-the-law-of-large-numbers-common-sense.html
Debunking Another Spurious Correlation . . .
Another Dilbert lesson on Correlation: > > Classic !
BLS Warned About Census Adjustment in December 2011
Barry has been crushing the BLS flat-earthers the past few days. Resistance, however, is futile. Try as I might not to opine on the 1.2-million-one-month-drop-in-the-labor-force, I cannot help but spill a few pixels of my own. So here goes. Let’s start with last month’s BLS Employment Situation release. It contained a box, on Page 4...
Doodling in Math: Spirals, Fibonacci, and Being a Plant
Part 1: http://youtu.be/ahXIMUkSXX0
Part 2: http://youtu.be/lOIP_Z_-0Hs
How to find the Lucas Angle: http://youtu.be/RRNQAaTVa_A
