There seems to be almost a schism occurring today, with regards to the world of investing.
On one hand, we have the old world. The traditional image of financiers in sharp suits, speaking in posh accents, brokering deals at golf courses and fancy restaurants.
One of the most versatile packages for stock analysis is undoubtedly Yahoo Finance. It contains a plethora of investment related information for both retail and institutional investors, all free of charge.
However, one main drawback of relying solely on the website’s graphical user interface (GUI), is the incessant number of clicks and scrolls we need to press in order to retrieve the desired information.
Thankfully, a more convenient method exists in the form of the yfinance package.
For the professional investors, quants and academics in our midst, a more mathematically rigorous form of data exists in the form of Alpha…
I remember growing watching Mythbusters on TV.
The characters in the show truly pulled out all stops to test whatever funny theories that the minds of movie directors could dream up.
And now, as luck has it, I seem to have obtained the educational pedigree to become some sort of a novice mythbuster myself.
So sit back and be humoured by this light hearted article as I walk you through the science!
In this 2016 science fiction film, the film centers around a team of soldiers getting mysteriously killed by an unseen enemy.
The survivors, shell shocked and traumatised, speak…
Well, this is a question with numerous layers of understanding. There is no limit to how deep the rabbit hole goes, and a deep understanding of the nuts and bolts has occupied numerous research journals and articles.
However, for the purposes of this article, we shall be keeping it simple.
When you key in the passcode to unlock your phone or your laptop, the passcode works as it corresponds to the unique solution to the cryptographic puzzle.
What makes modern cryptography such as 2-factor authentication secure, is that even if somebody were to gain access to either the pre-hash or…
These notions have been featured in a plethora of science fiction films. In all these films, the one thing in common is the reference to another world(s).
Worlds very much like our own.
Worlds entirely different from our own.
If you're familiar with Iron Man, you’ll probably remember the scenes synonymous with the character.
Rays of light, blasting from the various outlets of the suit, with immense concussive power.
Throughout the entire cinematic depiction of Iron Man, they’ve ranged from being able to knock a fully grown human clean off his feet, to being able to practically incinerate an alien spaceship.
And in this case, a rocket booster that enables spaceflight at orbital velocity.
— Peter Sullivan, Margin Call
Following the Global Financial Crisis, an international coalition of regulatory bodies came together to agree upon a set of rules. These rules were meant to curb excessive risk-taking, in hopes that a similar situation would never occur again.
These rules since then, have been periodically updated, and now known around the world as the Basel Accords.
The most recent one, being Basel III.
Though there is Basel IV now, it is set to come into force only in January 2023.
Hence we can assume that, as of now (August 2021), the effective regulation is Basel…
If you’ve ever traded bonds, you’ll be familiar with them as a fairly low yield investment instrument.
Buy them, hold them till maturity and pocket the coupons in the process. Fairly simple right?
That is a tried and tested way to earn a solid, albeit low rate of return.
However, there is an entire industry geared toward bonds changing hands throughout their lifetime.
While, the coupon payouts for the holder of the bond stays constant till maturity, the price of the bond itself may can fluctuate significantly throughout its lifetime.
How then, do you calculate the yield?
I’ll assume that…
One of the cornerstones of quantum mechanics is that of wave-particle duality.
Down at the microscope level, things behave extremely counterintuitively. And things quite literally, appear and disappear at the blink of an eye.
And matter, behaves more like waves, fluctuating back and forth.
The governing equations of these waves behave according to the Schrodinger equations, discovered by the Austrian Physicist, Erwin Schrodinger.
The Lorenz system of equations came about as a result of the study of atmospheric physics.
It is eponymously named after physicist Edward Lorenz, who in his quest to model trends in climatology and meteorology, stumbled on what is the field of chaotic dynamical systems.
In essence, the study of chaotic systems seeks to discover the underlying trends and correlations in otherwise inexplicable phenomena.
The field is vast and worth dedicating an entire lifetime of research. And there are those in academia who do just that.
However, what is arguably more valuable, is using these lessons gleamed in chaos theory…