Another Footnote to Plato

This is a broad exploration of philosophy, science, mathematics, economics, finance, politics, history and everything else in between.

Tuesday, January 31, 2017

Alternative CAPE - Pre-Trump Update

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In my post, CAPE - An Alternative Calculation and its followup CAPE Alternative - Update , I discussed an alternative method to average his...
Wednesday, January 14, 2015

Financial Mathematics: Statistics - Properties of Distributions

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Probability distributions have a number of properties which help us summarize and characterize them. We'll look at some of these propert...
Thursday, January 1, 2015

The Obsolescence of Time

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Every year we perform a collection of rituals which include, but are not limited to: Staying up late. Drinking, lots of drinking. 1 Watc...
Wednesday, December 17, 2014

Some Ambiguities Regarding the Cost of Capital

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So I'd like to suggest there's an ambiguity in measuring the cost of capital. As far as I can tell, there isn't always a straigh...
Friday, November 21, 2014

ROE, ROA and Leverage (Update)

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Sometimes I don't see alternative ways of writing expressions until after the fact. So this will just be a brief modification of a previ...
Monday, November 17, 2014

Option Returns - Empirical Results

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Previously, I looked at what we'd expect call and put options would be if we assumed that stock returns follow a normal distribution (se...
Friday, November 14, 2014

On Counting (Exploring Operational Definitions Part III)

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For the first two parts in this series see: Exploring Operational Definitions: Part I Exploring Operational Definitions: Part II - Distan...
Monday, November 10, 2014

Financial Mathematics: Statistics - Moments

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In statistics, there are a variety of calculations referred to as moments. We'll be discussing three types of moments: Raw Moments, Cent...
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