July 21, 2008

Hedge Fund Job: Must Understand Benford's Law

Another guest postThe folks over at Valleywag are having fun with a Craigslist posting for a hedge fund job. In addition to looking for someone with all the typical quant skills, the ad asks applicants to do the following 1)...

Newsflash: Higher Gas Prices Mean People Drive Less

Nifty new data out showing fairly dramatic traffic declines on San Diego County freeways. These kind of reductions are historically unprecedented, and are a function of higher gas prices and reduced employment. Note: I'm not here yet. [via SOSD]...

Stock Market Performance Round-up: Dancing to the Same Tune

Factoring in last week's stock market rebound, I have put together a table of global stock markets' performances over various measurement periods. The numbers speak for themselves and can best be summarized in a single sentence: Despite the variation in the economic impact of the credit crunch, stock markets have by and large been dancing to the same tune.