Archive for October, 2011

Inserting objects into photographs

October 20, 2011

The result is amazing considering how little input the users provide on a single photograph.

What markets say

October 18, 2011

Steps in the right direction are likely to be taken, both in relation to Greece, and in relation to bank recap and improved sovereign support. But it is unlikely to be the ‘bazooka’ the market has been hoping for in recent weeks.

We often hear that markets want such and such policy. Or that some changes in the market were caused by some announcement. Such narrative is attractive for the media, but such claims have no rigor or value.
The only information generated by markets (of any kind) are prices and trade records. Anything else is speculation or anecdotal opinion (often from a single perspective, such as sellers), if not plain propaganda.

Logicology: Dear, Occupy Wall Street. You are the “1%” too.

October 11, 2011
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Good message to put things in perspective (not that they aren’t plenty of things wrong with the current system).
The “Occupy” movement makes me curious about one thing: in the US, who are the 1%? I’d assume some bankers, CEOs and successful entrepreneurs, celebrity artists and athletes.
I’d suggest the protesters find out and try to understand how these individuals built their wealth, before making demands to pull them down.
HT Sean Malone