May 2012
13 posts
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“On the trail, Mr. Wilson lives sparingly. Whenever possible, he stays at a Motel...”
– This is so great.
Jim, if you ever make it to New York, get in touch. Dinner’s on me.
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Over time, investors should expect losses to exceed a VaR estimate. Even increasing the VaR to 99% still shows that there is a 0.6% chance of having two or more breaches of the 99% VaR over 12 months. […]
VaR is a powerful tool for evaluating risk, but it is critical to fully understand its meaning and possible limitations. VaR should not be viewed as an unlikely loss. Unfortunately, one...
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P: alskdjflskdjf
Me: In the good sense? Or the bad sense?
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Packing discoveries
A small pamphlet entitled “Old Mills”
A Bettie Page shot glass
Two expired inhalers
Bookmarks from bookstores in three states
A plastic bag containing four hair elastics, two Band-Aids and eleven peanut butter Nips
Black knit cap from the New Year’s Eve midnight road race in Central Park last year
A package of D batteries guaranteed fresh until 2008
Eight unused free...
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I’m somewhere between Tennyson’s famous quote that’s been canonized as cliché (“‘Tis better to have loved and lost / Than never to have loved at all”) and George Carlin’s truest of true assertions that buying a pet amounts to “purchasing a small tragedy,” as you will outlive this life that you’re emotionally investing in (and if you...
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