Consider the following market timing strategy, which we’ll call “daily momentum”: (1) If the market’s total return for the day, measured from yesterday’s close to today’s close, is positive, then the market at today’s close and hold for one day. (2) If the market’s total return for the day, measured from yesterday’s close to … More Financial Backtesting: A Cautionary Tale
The fact can no longer be avoided: You are your phone. The pattern of smartphone use is the pattern of the self. This is who you are: The Wall Street Journal reports today that Silicon Valley lending startups are looking to base personal loan decisions on analyses of data from individuals’ phones. The apps running … More You Are Your Phone
I used to loathe hangovers. I used to keep my bedside table stacked with bananas, Pedialyte, do-it-yourself guides to bootleg saline. Home from nights out, I used to dis- and replace fluids with the verve of an undertaker. I tried every which way to delay the inevitable. Still I woke up hung over, of course. … More Letter of Recommendation: Hangovers
Hi, I’m from the games industry. Governments, please stop us. This may not be popular, but its how I feel. First, some background and disclaimers. I run a small games company making games for the PC, strategy games with an up front payment. We don’t make ‘free to play’ games or have micro transactions. … More Hi, I’m from the games industry. Governments, please stop us.