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  2. The origin of randomization | Qingyuan Zhao

    https://www.statslab.cam.ac.uk/~qz280/post/randomization-origin/
    3 Jun 2024: He could picture the distribution of n results as a pattern in n- dimensional space, and he could see that randomization would produce a symmetry in that pattern rather like that ... But the idea that nature itself could behave like a perfect gambling
  3. https://www.jbs.cam.ac.uk/tag/asset-pricing/feed/

    https://www.jbs.cam.ac.uk/tag/asset-pricing/feed/
    15 Jul 2024: One particularly interesting one is gambling. Almost everyone knows in advance that the likely outcome of gambling is loss, so why do people gamble then? ... takeaway is that gambling behaviour plays too strong a role in financial markets to be neglected.
  4. https://www.jbs.cam.ac.uk/tag/shares/feed/

    https://www.jbs.cam.ac.uk/tag/shares/feed/
    15 Jul 2024: Blocks -- pConference calls involving CEOs and financial analysts are usually focused laser-like on business performance: what were revenues, profits, cash flow and other key indicators for the quarter? ... Internal” references included words like me, I
  5. www.statslab.cam.ac.uk/~qz280/tag/philosophy/index.xml

    www.statslab.cam.ac.uk/~qz280/tag/philosophy/index.xml
    3 Jun 2024: population, but as a form of plausible reasoning like what you described in the race example. ... hellip; But the idea that nature itself could behave like a perfect gambling machine was revolutionary.</p> </blockquote> <p>Moreover, Fisher clearly knew
  6. Market gamblers to blame? - News & insight - Cambridge Judge…

    https://www.jbs.cam.ac.uk/2019/market-gamblers-to-blame/
    Gambling behaviour is not limited to betting in casinos and has widespread implications in financial markets. ... The main takeaway is that gambling behaviour plays too strong a role in financial markets to be neglected.
  7. https://www.jbs.cam.ac.uk/tag/islamic-finance/feed/

    https://www.jbs.cam.ac.uk/tag/islamic-finance/feed/
    16 Jul 2024: Business activities considered “detrimental” to society like gambling or alcohol are forbidden. ... To attempt blitzscaling like neobank Monzo, where growth is prioritised over profit, is considered an “old hat” approach at Kestrl.
  8. https://www.anthroencyclopedia.com/taxonomy/term/361/feed

    https://www.anthroencyclopedia.com/taxonomy/term/361/feed
    15 Jul 2024: Mapping out regional idioms, anthropologists found depression-like experiences expressed in a wide range of descriptions of nervous conditions such as ‘nervos’ in South America, ‘nerve exhaustion’ in East Asia, as ... Critics worried that the
  9. "Because everyone else was doing it." - News & insight…

    https://www.jbs.cam.ac.uk/2017/because-everyone-else-was-doing-it/
    The question is not trivial at all, as it would help policy makers to align incentives of financial institutions and their executives, keeping economic turmoil like 2008 crisis from occurring again. ... The CEO can surely try to increase the absolute
  10. https://www.jbs.cam.ac.uk/tag/mehrshad-motahari/feed/

    https://www.jbs.cam.ac.uk/tag/mehrshad-motahari/feed/
    15 Jul 2024: Star firms, a term conceptualised by Gutiérrez and Philippon (2019), are not just large entities in their sectors; they significantly impact macroeconomic outcomes in the US, especially in areas like exports, ... The lack of full consideration of these
  11. https://www.jbs.cam.ac.uk/tag/banking/feed/

    https://www.jbs.cam.ac.uk/tag/banking/feed/
    15 Jul 2024: be part of an alumni network like the one in Cambridge. ... Working in finance is like being in a supermarket – there are lots of different moving parts.

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