Psychic fund management

September 8, 2010

I had considered doing a satire on using astrology to do fund management.  Something along the lines of Capgemini is a Pisces, perhaps.  Reality seems to have beat me to the punch:
http://www.thedeal.com/video/inside-the-deal/wall-streets-psychic.php

Another story idea up in flames.

Latest posts

Leave a Reply

  1. Rob Steele 2010-10-28 at 16:31 - Reply

    In one of his software engineering books, Tom DeMarco invents “Astro Pony Toutshops” for a case study. Their prediction process requires no inputs.

Related posts

  • Review of “Smart Swarm” by Peter Miller

    April 25, 2011

    Smart Swarm is a book about decision-making.  Fund management is all about decision-making.  Hence this book is about fund management.  Indeed financial examples crop up several times. Executive summary [...]

  • Scoping out the financial universe

    April 14, 2011

    Four hundred years ago today Galileo Galilei brought forth a new instrument.  On 1611 April 14 Galileo did a demo of his telescope in Rome. That bit of glass [...]

  • Unproxying weight constraints

    April 13, 2011

    It is common practice to have portfolio constraints like: wi ≤ 0.05 That is, the weight of each asset can be no more than 5%. Proxy for risk We [...]