MoneyScience: MoneyScience's blog: On the nature... →
This has been making the rounds. Neat result, though the simplifications are a bit troublesome in my opinion. For one, he reduces the market to a series of up/down movements; reminds me a bit of how linear programming is polynomial, but integer linear programming is NP-hard. (Also, Maymin skips the proof that Knapsack is reducible to weak EMH, which is non-trivial IMO. That said, the proof...
MoneyScience: Markets are Efficient if and Only if... →
It doesn’t matter where your kid goes to school |... →
Visually Delicious on Vimeo →
What A Primitive Species We Are
One day, we will look back at cars of this period and laugh at the fact that we actually had machines telling humans how to get from one location to another.
Google is the social backbone - O'Reilly Radar →
Yes, social networks will inevitably become a commodity if the right tools are available. (Though I withhold judgement on Google+ because of lack of personal experience.)
Are you listening, Steve Jobs? « BirdAbroad →