Mark Lauer (mark)
User profile
- Photo
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- Nickname
- mark
- Full name
- Mark Lauer
- Location
- Basel, Switzerland
- Note
- Risk consultant, would-be novelist and stay-at-home father of twins, upon whom he has so far resisted conducting evil, yet fascinating, experiments
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Notices
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Tuesday's Planet Money podcast was rather close to home: http://www.npr.org/blogs/money/2010/08/24/129405198/the-tuesday-podcast-round-room-no-windows
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@sean thanks for the great work excerpting YWC; we'll be laughing for a while, or until the election is declared for Mr Rabbit, which is no laughing matter (just back after a hard disk failure requiring OS repairs)
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@sean you can watch it (as I am planning to do) at http://www.abc.net.au/tv/qanda/
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@sean Surely it must be Georgia Fried Chicken
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@danny 10bp is more like the difference in compounding (1+0.05/12)^12 -1.05 = 0.00116
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@danny if the yield curve is steep, the TD interest rate for interest paid monthly into another account will be appropriately lower than interest paid at maturity
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@danny AFAIK that's always been the case for retail TDs -- foregoing accrued interest deters most customers from calling, and the banks don't want bad publicity from the odd person in a financial emergency who can't get their money back.
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@sean a high calibre blog deserves like comments :-)
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@senexx the reason there's a difference is because @sean is speculating that Mr Smith's behaviour is random, which means the puzzle contains less information than it appears and so has different odds -- see my comment on the post: http://tinyurl.com/36nj6hq
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@danny you might be interested in listening to this NPR piece http://www.npr.org/templates/story/story.php?storyId=121395503 about gold (and "gold parties" in the US).
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@danny doesn't sound too different from the attitude of many Australians to housing
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@danny at least Gold is earthquake-proof
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@danny perhaps Gold in Turkey is like a house in Australia -- everyone thinks its safe, hence everyone wealthy enough owns it, hence the tax rules favour owning it, hence its value always rises, hence everyone thinks its safe.
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@danny SSRN tries to count the number of downloads as a ranking of the influence of papers, which but this means using tricks to prevent double counting and author manipulations
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@mule that equation should read http://tinyurl.com/2ucxuwe (corrected one subscript typo; equations still valid) /cc @magpie
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