Intelligent System Over the post event dinner at the Princeton – UChicago quant conference, the conversation veered to the definition of an intelligent system. My co-speaker (a physicist) from the conference defined intelligent system as a system that is entropy reducing. Science and Markets Connecting entropy with intelligent systems was brilliant not only because we […]
The Princeton – UChicago Annual 7 Nov 2014 Quant Conference Mukul Pal speaking on Data Universality Prezi Presentation Why should an investment analyst need a special skill set different from that of a sports analyst, a beverage company executive, a scientist, a social change agent, or the key decision makers in the government. Data, and its interpretation, is what connects us all despite […]
The new RMI Global Industrials Active Growth 30 portfolio is built from the investment universe consisting of industrials common stock from across the globe. Industrials companies from USA, Canada, Australia, UK, Europe, India, Japan, Indonesia, Brazil, China, Korea and Taiwan are considered and a 30 stock active styled portfolio is constructed. The active portfolio has a strong […]
Quantum physics may not seem much to have to do with risk and investing, but with subjects like psychophysics explaining the statistical behavior in psychological behavior, it’s just a matter of time that science could explain more of markets. John Gribbin’s biographic work on Schrödinger has a lot of jargon relevant for understanding universal behavior. […]
Quantum physics may not seem much to have to do with risk and investing, but with subjects like psychophysics explaining the statistical behavior in psychological behavior, it’s just a matter of time that science could explain more of markets. John Gribbin’s biographic work on Schrödinger has a lot of jargon relevant for understanding universal behavior. […]
In the emotional world ruled by story telling (Mackay in Madness of crowds); psychology and emotion remain the new bestsellers. This, of course, is a change from the economists who were forced to concede ground to the psychologists after a few hundred years when Daniel Kahneman became the first psychologist to get a Nobel Prize for economics […]
Lot of times we get queries regarding, the paper model looks good, but there are few fresh entries. How do I go on model? We did an extensive white paper on start point bias (Market Scenario Analysis), to explain how starting point bias does not affect the performance of the RMI. The starting point case was […]
At 6 billion dollar market capitalization, this is not just any discount store. The store sells Cleaning supplies, Toys, Candy, Grocery, Gifts, Healthcare products, Kitchenware, Stationery, Party Supplies, Hardware. The game is sourcing, pricing and distribution. The competency comes from history, size and real estate. And then consumption does the rest. This was our last […]
MasterCard was a one way road from 2009 lows. On Jan 30 the stock was 135. Now it’s at 800. This means a return of near 500%. This means more than 100% returns annually. Even if for a moment we accept that it was humanly possible for you to pick up MA there in Jan […]
Babcock was set up in 1891. A Scottish structural engineer Sir William Arrol was the first board member. He was the son of a spinner and started work in a cotton mill at only 9 years of age. He started training as a blacksmith by age 13, and went on to learn mechanics and hydraulics […]