Nick Gall

I finally got around to reading Risk Management in the New York Times Magazine. It is one of the best articles on

Wall Street
Modeling
Risk
How people game models
How all models eventually fail

that I have ever read. It is must reading.
All risk management systems, all (complex) models for that matter, are examples of robust yet fragile systems: robust [...]

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In a recent post, Dave McCoy discusses what he calls anemic words and how "[d]efinitional context [entailed by such words] will constrain your imagination."
I suppose whether or not to hark back to a word’s roots or context is a matter of taste. I personally love studying etymology — the history of words. And I often [...]

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