Tuesday, August 25, 2009

Motivational DNA by Tamara Lowe: the #1 female motivational speaker in the world: Get Motivated! The New Science of Achievement: http://www.getmotivatedbook.com

As part of a "get to know you" exercise, I would like to do an experiment this year. I want each of you in class to take this test and email me the result page. It takes about 10 minutes (maybe less) and gives you (and me) a better understanding of what motivates/demotivates you.

HOPEFULLY, I can then tailor the class a bit more to you.

Motivational DNA by Tamara Lowe: Get Motivated! The New Science of Achievement: http://www.getmotivatedbook.com

BTW this is in no means an endorsement of the book, speaker, or even the method, but it is a low cost experiment that could be useful and if not has very little risk involved.

Monday, August 24, 2009

Duration hedge of bond portfolio [practice, market] | Bionic Turtle

Two good duration questions:

Duration hedge of bond portfolio [practice, market] | Bionic Turtle:
"...highlight the deficiency of a duration-based hedge: if it’s one-time (i.e., not dynamic rebalancing), then we know it has limited efficacy because duration (by definition as a first partial derivative and single risk factor) assumes a small, parallel shift in the yield curve. A one-time hedge (as below) can hardly be expected to perfectly immunize the bond portfolio - David"

Thursday, August 06, 2009

For Today’s Graduate, Just One Word - Statistics - NYTimes.com

For Today’s Graduate, Just One Word - Statistics - NYTimes.com:
"Ms. Grimes is an Internet-age statistician, one of many who are changing the image of the profession as a place for dronish number nerds. They are finding themselves increasingly in demand — and even cool.

“I keep saying that the sexy job in the next 10 years will be statisticians,” said Hal Varian, chief economist at Google. “And I’m not kidding.

The rising stature of statisticians, who can earn $125,000 at top companies in their first year after getting a doctorate...”"