## Archive for the ‘Math and the market’ Category

April 25, 2017
Venture Capital firms, that is, firms that invest in funding start-ups, early stage companies, and companies with good growth potential, are always on the hunt for the next great opportunity. The article below talks about the trend away from people who are expert in spotting such opportunities, and towards computer based analytics which is believed to be faster and better at finding the “next big thing.”

Venture-Capital Firms Use Big Data to Seek Out the Next Big Thing – WSJ

Tags:analytics, data mining, economic modeling, math education, mathematical modeling

Posted in coding education, computer article, computer education, Econ 101, economics, jobs in computers, Math and the market, math article, math in the news, math news, Newspaper article, Statistics, statistics in news, Statistics Readings | Leave a Comment »

April 25, 2017
“Adding Math To Save Humanities” is the title of a sidebar article in the Wall Street Journal, April 25, 2017, about liberal arts colleges trying to add more mathematical contents to traditional liberal arts courses to better prepare their graduates for the work world. Along with the Big Data revolution comes the need for employees in many diverse fields to be able to analyze data and to “rigorously and effectively” use data to answer questions. “Emory University in Atlanta has created a degree that marries traditionally qualitative disciplines such as anthropology and English with math and statistics.” This shift is in part to due students enrolling in liberal arts programs in smaller numbers. Click below for the full article.

saving liberal arts

Tags:education, liberal arts and math, math education, math news

Posted in computer education, General interest, jobs in computers, Math and the market, math article, math education, math in the news, math news, Newspaper article, Statistics, statistics in news | Leave a Comment »

March 3, 2017
Economics is so basic and essential for good citizenship and good personal decisions, that it is a shame high school students can graduate without even being exposed to the subject. An article by high schooler Benjamin Auslin from Montgomery Blair High School in Silver Spring, Maryland, makes a strong argument that understanding supply and demand, the time value of money, return on investment and the basics of personal finance are skills that would well serve the graduates and society.

economics-shouldnt-be-an-elective-wsj

Tags:economics, Economics news, education, education research, good advice

Posted in advocacy, Econ 101, economics, General interest, Internet article or paper, Math and the market, math article, math education, math in the news, math news, Newspaper article | 1 Comment »

January 4, 2017
Big Data could provide a big advantage to investors, but when the data is wrong or misinterpreted, it can be catastrophic.

“Credit card data sold to investors is making shares of retailers behave strangely, especially when the data gets things wrong.” So begins an article in the Wall Street Journal ‘Big Data Adds Up to Trading Distortions.’ The first example is about Tailored Brands (owner of Men’s Warehouse and Joseph A. Bank) stock that shot up nearly 40% in one day when investors realized that the data they were basing their decisions on was inaccurate.

For the full article: how-credit-card-data-might-be-distorting-retail-stocks-wsj

Tags:data mining, Finance article, math and finance, Math in the news, statistics in the news

Posted in Finance, Math and the market, math article, math in the news, statistics in news | Leave a Comment »