16.15.14 13.12.11
That is the current time and date, at least the way the Brits configure it (DD/MM/YY)
16.15.14 13.12.11 = 4:15 pm (13 seconds) on the 13th day of the 12 month in the 11th year of the century.
What Was That About Correlation & Causation?
Via Businessweek, we learn that Facebook caused the Greek Debt crisis, Global Warming is caused by NSF R&D budget, and other spurious correlations: Need to prove something you already believe? Statistics are easy: All you need are two graphs and a leading question. Wonky amusing fun for any statistically innumerate eejit on your holiday list....
The Market Magic of Democrats vs GOP Presidents
Jim Mcteague discusses the surprising correlation that Democratic Presidents have had with outperforming economy and stock markets versus Republican Presidents. He points out that Real GDP growth between 1949 and 2011 was 4.43% under Democratic presidents, while the average growth rate has been 2.43% under Republicans. As we are so fond of reminding the innumerate...
The Unreasonable Beauty of Mathematics
Source:
The Unreasonable Beauty of Mathematics
Scientific American
July 26, 2011
4 Out of 5 Lincoln MKX Buyers Cannot Do Math
I am not exactly a Hybrid kinda of guy — horsepower and handling are more my thing. And, hybrids cost extra — so much, in fact, that Hybrids take anywhere from 7-12 years to recoup the additional purchase costs and pay for themselves. But, if I was given an option of getting the hybrid version...
4 Out of 5 Lincoln MKX Buyers Cannot Do Math
I am not exactly a Hybrid kinda of guy — horsepower and handling are more my thing. And, hybrids cost extra — so much, in fact, that Hybrids take anywhere from 7-12 years to recoup the additional purchase costs and pay for themselves. But, if I was given an option of getting the hybrid version...
Rise of the Algorithm
Not surprisingly, some of the conclusions and statements within the graphic are less than rigorous in their criticism: > click for ginormous graphic Interbank FX, Rise of the Algorithm July 12, 2011
Sunk Costs Dilemma: “About Those Housing Bears” . . .
From the annals of wrong comes this article, published 6 years ago today (2005): The Housing Bears Are Wrong Again. Here is a quick excerpt: “Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears have...
Steven Levitt Analyzes Crack Economics
Freakonomics author Steven Levitt presents new data on the finances of drug dealing. Contrary to popular myth, he says, being a street-corner crack dealer isn’t lucrative: It pays below minimum wage. And your boss can kill you.
Recorded Feb 2004 Pos...
Should You Buy a Home? Looking (Again) at Housing
I posted a video of my pal James Altucher on Yahoo Tech Ticker this week, declaring he was “Never going to buy a home ever again!” Whenever I hear that sort of declaration, it tells me we are closer to the end of down cycle than the beginning. The psychology is reaching a negative extreme,...
