The Godfather of the Quants

Quants cover

Terry Gross of NPR’s Fresh Air recently interviewed Ed Thorp, one of the original “celebrity quants” and Scott Patterson of the Wall Street Journal and author of the new book, The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It. “In 1962, Ed Thorp became every gambler’s favorite mathematician [...]

Poll Misinterpreted, Widely Reported in MA Senate Race

Dice photo

This may seem to be a parochial issue for those of you not in Massachusetts but it is an excellent example of what can happen when statistical analysis is put into the hands of those unfamiliar with the meaning of terms and methods with which analysts are intimately acquainted. With the death  of Edward M. [...]

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