Paul's Blog

Actuaries Versus Quants

17th November 2008 admin 0

The following article was written in August 2008 for The Actuary magazine. I was reminded of it by the responses to our Name and Shame Blame Game. ******************* Those working in the two fields of […]

Paul's Blog

Cheese and Globalization

13th November 2008 admin 0

A couple of years ago, at the dinner after one of the courses I teach with Nassim Taleb, I asked the multicultural group of delegates a question that I’d been thinking about and suspected I […]

Paul's Blog

Hedge Funds: The Future

2nd November 2008 admin 0

Word on the street and common sense suggest the following short- and medium-term future for hedge funds: 1) On average hedge funds will probably have done not much better or worse than the market as […]