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rmax
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Re: Wilmott Quotes

September 5th, 2018, 2:50 pm

I'm a former physicist, now statistician. You are the Einsteins and Feynmans of Wall Street. The creators of the most effective money making formula: buy low, sell high (some of you got this part wrong), get bailed out.
 
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katastrofa
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Re: Wilmott Quotes

September 5th, 2018, 2:53 pm

Don't take that personally, guys.
 
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rmax
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Re: Wilmott Quotes

September 5th, 2018, 3:48 pm

Don't take that personally, guys.
It made me laugh, hence thought it should be placed in the hall of fame.
 
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Cuchulainn
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Re: Wilmott Quotes

September 15th, 2018, 7:03 pm

thank you, chairman kim
thank you, chairman kim

ppauper

You'll come to regret those words.
 
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ppauper
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Re: Wilmott Quotes

September 15th, 2018, 7:18 pm

I was thanking him for doing specific things, like releasing the kims three
 
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Cuchulainn
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Re: Wilmott Quotes

September 15th, 2018, 8:21 pm

I was thanking him for doing specific things, like releasing the kims three
It's just the fawning that sticks in my craw.Chairman Kim indeed..

Stalin loved his children as well.
 
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katastrofa
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Re: Wilmott Quotes

September 21st, 2018, 4:05 pm

I know what I don't know!!
Cuchulainn
Possibly the boldest statement ever written in this forum.
 
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Cuchulainn
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Re: Wilmott Quotes

September 21st, 2018, 4:21 pm

I know what I don't know!!
Cuchulainn
Possibly the boldest statement ever written in this forum.
Thank you. 
 
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ppauper
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Re: Wilmott Quotes

September 21st, 2018, 4:54 pm

I know what I don't know!!
Cuchulainn
Possibly the boldest statement ever written in this forum.
Thank you. 
and very different from the Rumsfeld quote
There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know.
https://www.brainyquote.com/quotes/dona ... eld_148142
 
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Cuchulainn
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Re: Wilmott Quotes

February 24th, 2019, 5:26 pm

4.  Nobody is trying to find the global minimum.  That would be overfitting by definition.  It's mind boggling how many people struggle with this

TinMan

I love that one.
 
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Cuchulainn
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Re: Wilmott Quotes

February 24th, 2019, 5:36 pm

Cuchulainn
Possibly the boldest statement ever written in this forum.
Thank you. 
and very different from the Rumsfeld quote
There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know.
https://www.brainyquote.com/quotes/dona ... eld_148142
Any chance of a Venn diagram? Has anything been left out?
 
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trackstar
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Re: Wilmott Quotes

February 24th, 2019, 5:43 pm

Thank you. 
and very different from the Rumsfeld quote
There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know.
https://www.brainyquote.com/quotes/dona ... eld_148142
Any chance of a Venn diagram? Has anything been left out?
quite a few things. The focus here is on active and self-acknowledged knowing.  

But what about intuition, knowing without knowing, and knowing but deliberately forgetting? 

Among others!

So, for example, sometimes there are known unknowns, but you had a strong clear feeling... for better or for worse.

Like the times when I "know" I have won something in the lottery, but before checking the actual numbers.

And i did! hehe

Does not happen often at all that I feel that way, so how did I have that feeling those particular times and why was it right?  
 
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katastrofa
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Re: Wilmott Quotes

February 24th, 2019, 7:18 pm

Pure luck + post hoc analysis? Which doesn't change the fact that you won! Congratulations!

Though in many cases we know insufficient but necessary components of unnecessary but sufficient conditions (so called INUS conditions, see JL Mackie's work) to predict the outcomes. That's why it's so unnoyingly wrong when someone thinks that they know better than you what you'll think or do in a particular situation.
 
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trackstar
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Re: Wilmott Quotes

February 24th, 2019, 7:28 pm

Pure luck + post hoc analysi?

Though in many cases we know insufficient but necessary components of unnecessary but sufficient conditions (so called INUS conditions, see JL Mackie's work) to predict the outcomes. That's why it's so unnoyingly wrong when someone thinks that they know better than you what you'll think or do in a particular situation.
Interesting. But on the "annoying" front, don't you think that it depends very much on who is thinking they know (about you).

My sister knows me pretty well and she does not offend me at all.  She might be right or wrong on certain things, but she still has insight on my likely attitudes or actions.

Annoying for me, if it comes up at all, would be a case where someone barely knew me in real life, or was only familiar with me through a forum like this one.

Then all bets on accuracy and insight are off. But still, more likely to be entertaining or just silly than infuriating.

Maybe I just don't take other's opinions that seriously (unless they have value for me.)
 
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katastrofa
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Re: Wilmott Quotes

February 24th, 2019, 8:41 pm

"on the "annoying" front, don't you think that it depends very much on who is thinking they know (about you)"

That's the point. The "causal context" they attribute to me is based on their opinions, which are more influenced by their own way of thinking or likes and dislikes.
I guess it works similar with forming opinions about people. My way around it is liking them or not for no particular reason ;-)
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