| Random Link ¯\_(ツ)_/¯ | ||
| Jan 30, 2021 | » | Wall Street Potpourri
4 min; updated Jan 21, 2023
Maximizing the Value for ShareholdersSuing a company for not following its code of ethics and therefore misleading investors doesn’t fly, but Signet Jewelers settled for $240m . Signet’s 70k female employees sued for discrimination, but the class action is yet to be resolved. |
| Oct 4, 2021 | » | Online Markets
4 min; updated Sep 5, 2022
WWW ‘21: The Web Conference 2021REST: Relational Event-Driven Stock Trend ForecastingREST, an event-driven stock trend forecasting framework, that overcomes two limitations of existing event-driven models. Models the stock context, and learns the effect of event information on the stocks under different contexts. Constructs a stock graph and designs a new propagation layer to propagate the effect of event information from related stocks. #stock-trend-forecasting #computational-finance The value of stock trend forecasting is not unanimous, e.g. Malkiel contends that forecasting is a fool’s game , while Simon’s RenTech is all about the math . But it seems like the question is an empirical one, and therefore, a good answer should exist. Why are there opposing camps? ... |
| Jun 1, 2019 | » | 02. The Madness of the Crowds
3 min; updated Sep 5, 2022
The Tulip Bulb CrazeVirus causes colored stripes in tulip petals. The Dutch valued such bulbs. Prices rose (just when one thought they couldn’t go higher). Let the tulipmania begin. Note: And that’s where FOMO comes in. You can’t argue with the results. You just want to dip your toes and get out. I watched Bitcoin keep climbing, until I got into the game with $50… Tulip bulbs options. 20 for a bulb currently worth 100. If the price moved to 200, the option holder exercises his right: buys at 100 and simultaneously sells at 200, making a profit of 80. ... |
Tom Toro’s New Yorker cartoon : Yes, the planet got destroyed. But for a beautiful moment in time we created a lot of value for shareholders.
...