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How I Successfully Forecast The Results Of The UK General Election 2015
Paul Wilmott 2138 Views
Brought to you by Wilmott.com and the CQF Institute, Dr. Paul Wilmott talked about how he applied elementary quantitative finance techniques in the run up to the UK General Election 2015 to successfully predict the next government.
Comparisons are made between elections and derivatives valuation, and this allows forecasting pitfalls to be avoided, pitfalls that most, if not all, professional forecasters fell into. The results were thus far better than those made by said professionals.
Lyceum 18: The Kelly Criterion
Aristotle 6657 Views

We like to draw comparisons between the worlds of finance and of gambling, you may have noticed. Our philosophy is that gambling is just a particular form of investing, one that is often technically simpler to understand than the world of stocks and shares, convertible bonds and options. If you can't cope with the mathematics of roulette, or the emotional rollercoaster of Blackjack, then you certainly shouldn't be working in a bank... except maybe shining shoes.

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