General stopping behaviors of naïve and noncommitted sophisticated...
Abstract We consider the problem of stopping a diffusion process with a payoff functional that renders the problem timeâinconsistent. We study stopping decisions of naïve agents who reoptimize...
View ArticleAllison Herren Lee Sworn In As SEC Commissioner
Allison Herren Lee was sworn into office on July 8 as an SEC Commissioner. Ms. Lee was nominated to the SEC by President Donald J. Trump and unanimously confirmed by the U.S. Senate. âAllisonâs...
View ArticleClik here to view.
The Nature of Infinity, and Beyond
An introduction to Georg Cantor’s transfinite paradiseContinue reading on Cantorâs Paradise »
View ArticleClik here to view.
The Beautiful Life of John Forbes Nash, Jr.
“He was so incredibly himself” — Herta NewmanContinue reading on Cantorâs Paradise »
View ArticleClik here to view.
The Ramanujan Summation: 1 + 2 + 3 + � + ∞ = -1/12?
“What on earth are you talking about? There’s no way that’s true!” — My momContinue reading on Cantorâs Paradise »
View ArticleClik here to view.
Einstein and Hilbert’s Race to Generalize Relativity
Who got there first?Continue reading on Cantorâs Paradise »
View ArticleClik here to view.
How Quantum Computers Will Break Your Phone’s Encryption
These days all your devices are encrypted. Your texts, emails, all have some form of encryption, but that may not be the case for very…Continue reading on Cantorâs Paradise »
View ArticleClik here to view.
The Poincaré Conjecture
What is the shape of the universe?Continue reading on Cantorâs Paradise »
View ArticleClik here to view.
Uncomputable Numbers
Real numbers we can never know the value ofContinue reading on Cantorâs Paradise »
View ArticleClik here to view.
The Black-Scholes formula, explained
Introduction to the most famous equation in financeContinue reading on Cantorâs Paradise »
View ArticleClik here to view.
The Heat Equation, explained
Your first PDE. Bonus: Fourier series.Continue reading on Cantorâs Paradise »
View ArticleClik here to view.
The Mathematical Nomad, Paul Erd�s
A tribute to the most prolific mathematician of all timeContinue reading on Cantorâs Paradise »
View ArticleStop Writing Unit Test – Use the Force
If you’re still spending time writing unit tests, or finding hitting the mandated code coverage bar (e.g. 80%) is difficult, consider BlueDiff. The Force in this instance is AI for Code....
View ArticleClik here to view.
Avoiding the Build Breakers with DiffBlue
ABN Amro provides insight into its Continuous Integration Continuous Delivery (CICD), tooling, software quality and security via this posting. Of interest is how they have partly improved quality via...
View ArticleFighting Cyber Vulnerability
This video on DiffBlue Secure offers interesting insight into how using the right tool, at the right time as part of the SDLC tool chain, could reduce the defects and incident management overhead.Â...
View ArticleClik here to view.
DevSecOps
Another day, another buzzword – DevSecOps. Like most buzzwords, the devil is in the detail
View ArticleSoftware Productivity
First up, and worth a read/watch is “How Is Software Developed At Amazon?”. Of note: Automate anything manual DevSecOps Following closely are the many references called out in QA Financial keynote...
View ArticleDevSecOps – Secure Code
Worth a listen, Max Saltonstall and Justin McCarthy are joined by Johnathan Hunt, VP of Information Security at InVision to talk about pen testing, bug bounty programs, and secure code. Pen Testing...
View ArticleCyber Security – Notes
A few weeks ago, the Sunday Times included a CyberSecurity supplement, available online here. What follows are a few interested pointers: Human Centered Security Phishing attempts is number one in...
View ArticleSRE Post Mortem Gamification
I really like gamification. In some firms its in almost part of the culture. Of particular interest around post mortem’s is Google’s gamification leaderboard. Some individuals are incentivized by a...
View ArticleEngineering Company = Engineering Culture
Great article on Wall St vs New Order/Startup companies. One particular statement stands out: Engineering Company = Engineering Culture In Wall Street, Finance is the business, and technology is...
View ArticleSRE Workbook Notes
A few items I found insightful, outside of an overall great book: Automate This Year’s Job Away VALET Dashboard – like the ideas. Using VALET in Testing Testing Alerting Logic Identify and Measure...
View ArticleStaff Letter: The BNY Mellon Family of Funds, et al.
No-Action relief under Section 15(a) of the Investment Company Act of 1940
View ArticleInvestor Alert: Have Something in Common with Someone Selling an Investment?...
The SECâs Office of Investor Education and Advocacy (OIEA) and the Division of Enforcementâs Retail Strategy Task Force warn investors not to make investment decisions based solely on common ties...
View ArticleSaving and Investing for Military Personnel
The SECâs Office of Investor Education and Advocacy is issuing this updated Investor Bulletin to help military personnel make informed savings and investing decisions and avoid common scams. Here are...
View ArticleClik here to view.
Managing machine learning in the enterprise: Lessons from banking and health...
A look at how guidelines from regulated industries can help shape your ML strategy.By Ben Lorica, Harish Doddi, David Talby.As companies use machine learning (ML) and AI technologies across a broader...
View ArticleClik here to view.
You'll want Nexar's newly released Live Map for your city
Extracting and exposing valuable insights to enable smart cities and many other applications.I recently had the privilege of getting a preview of Nexar's Live Map, from my friend, Nexar's CTO and...
View ArticleClik here to view.
Acquiring and sharing high-quality data
The O'Reilly Data Show Podcast: Roger Chen on the fair value and decentralized governance of data.In this episode of the Data Show, I spoke with Roger Chen, co-founder and CEO of Computable Labs, a...
View ArticleAn application of fractional differential equations to risk theory
Abstract This paper defines a new class of fractional differential operators alongside a family of random variables whose density functions solve fractional differential equations equipped with these...
View ArticleWords Speak Louder Without Actions
ABSTRACT Information and control rights are central aspects of leadership, management, and corporate governance. This paper studies a principalâagent model that features both communication and...
View ArticleISSUE INFORMATION BM
The Journal of Finance, Volume 74, Issue 4, Page 2142-2143, August 2019.
View ArticleISSUE INFORMATION FM
The Journal of Finance, Volume 74, Issue 4, Page 1583-1585, August 2019.
View ArticlePresidential Address: Collateral and Commitment
ABSTRACT Optimal dynamic capital structure choice is fundamentally a problem of commitment. In a standard tradeâoff setting with shareholderâdebtholder agency conflicts, full commitment...
View ArticleReport of the Executive Secretary and Treasurer
The Journal of Finance, Volume 74, Issue 4, Page 2137-2137, August 2019.
View ArticleMinutes of the 2019 Annual Membership Meeting
The Journal of Finance, Volume 74, Issue 4, Page 2133-2135, August 2019.
View ArticlePrivate Equity and the Law in India
A forthcoming article in the University of Pennsylvania Journal of International Law discusses the investor control rights typically negotiated in the private equity context in India. The article, by...
View ArticleQuantum Computing Will Mess Up all Expectations
There are reports that Google is preparing an announcement of âquantum supremacyâ for later this year. If true, this is the biggest tech story since the transistor replaced vacuum tubes. It could...
View ArticleESG: WHAT’S UNDER THE HOOD?
By Nicolas Rabener of FactorResearch (@FactorResearch) ESG INVESTING â SIMPLE OR COMPLEX? Investing is complicated as it is simple and complex at the same time. Common advice for new investors is to...
View ArticleThe Audacity of Opacity
By Bill Kelly, CEO, CAIA Association Why are we still talking about this? No, itâs not the central bankers and their insatiable easing tendencies, trade wars with China, or even the Womenâs World...
View ArticleTick Size and High-Frequency Trading
A lot of hopes have been placed on changes in market tick sizes. In the 1990s there was a big push to reduce the tick sizes of securities, allowing them to get down to one cent or fractions thereof. In...
View ArticleRestrictions on Pension Plan Investments: A Global Survey
A new report from the Organization for Economic Cooperation and Development surveys the main quantitative investment restrictions to which pension funds and other pension providers are subject in both...
View ArticleOne Year Left to Run on Critical No-Action Letters for Investment Managers
The Securities and Exchange Commission issued three no-action letters on the issue of research payments, in light of developments on that issue in Europe in 2017. Specifically, they dealt with the...
View ArticleRamping Up a PE Allocation Over Time
Many investors with long horizons are increasing their allocation to private equity funds: to extract the gains from managerial skill in that field, to reap the illiquidity premium, and simply to...
View Article