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Economic proof that time travel is impossible

From the 1986 article by Marc Reinganum “Is Time Travel Impossible? A Financial Proof” To the list of logical contradictions associated with time travel, consider the following economic argument. If a...

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Monopoly style central banking

I know the following quote looks like it’s coming from the Federal Reserve Act but I promise you that is not the case. The quote actually comes from the official Monopoly game rules. In the section...

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The evaluation of trading strategies

In financial markets, more than anywhere else, success does not necessarily imply skill. How does one then go about investing in such a highly stochastic environment? How does one differentiate between...

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The pitfalls of trading strategy development

The path of the trader is beset on all sides by the pitfalls of strategy development and the tyranny of misleading models. Blessed is he who in the name of science and profit will shepherd the trader...

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White’s reality check for data snooping in R

With this post, I try to provide an easy to understand, step-by-step, practical implementation of White’s reality check as presented in A reality check for data snooping. I’m using R for the...

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Medium-less, a free minimalist wordpress theme

Seeing that I spend a lot more time tweaking the design of my blog than I do actually writing, I decided to put together some of the stuff I’ve implemented and release a free wordpress theme....

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Tim Minchin’s 9 life lessons

1. You don’t have to have a dream I never really had one of these dreams so I advocate passionate dedication to the pursuit of short-term goals. Be micro ambitions. Put your head down and work with...

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