Many experts have observed that investment in stock markets, as a group, investors seems to react differently to crises than individuals do. Maybe the reason is that for individuals, history is often better remembered than it was lived and the mind tends to scrub the past of its uncertainties and pains, and to recall bygone […]
The statement that there is an invisible hand that organizes the market activities in a modern society is an idea proposed by the 18th-century Scottish economist and philosopher Adam Smith. He used the metaphor of the invisible hand to describe how the self-interested actions of individuals can produce beneficial social and economic outcomes, without any
Let us try to understand this popular wisdom by discussing and elaborating by some examples.The saying that “market discounts everything” is a CORE PRINCIPLE of technical analysis, which is a method of studying the price movements and trends of stocks and indexes. It means that all the information that can affect the market, such as
In order to develop an appreciation of such a broad but crucial question the first step would be to understand the question as to what is a financial market and what stabilizes it.A financial market is a market where people trade financial securities and derivatives, such as stocks, bonds, currencies, and commodities. Financial markets are
Part – 4 Moneyballisation The concept of Moneyballisation. Let us try to understand it by some examples to elaborate. Moneyballisation is the term used to describe the application of data analytics and statistical methods to optimize the performance and efficiency of a team or an organization, especially in sports. The term is derived from the
Part – 3 Sabermetrics Sabermetrics was first introduced to the public in 1982 with the publication of Bill James’ “Baseball Abstract”. It represents the empirical analysis of baseball, particularly baseball statistics that measure in-game activity. The term itself is derived from the acronym SABR, which stands for the Society for American Baseball Research, and was
Part – 2 Data Analytics Data Analytics is increasingly being used in deciding the price of a player in Sports Arena. Data analytics are increasingly being used in deciding the price of a player in the competitive professional sports auction. Before going further let us appreciate the difference between classical statistical analysis and data analytics.
Part – 1 Pre-crime technology Preventing a crime before it HAPPENS, gathering and selecting a team of undervalued players at LOW COST that is sure to perform well before it ACTUALLY plays a game, deciding whether to fund or not fund a movie of a creative team of little-known directors, scriptwriters and actors that will
Part-2 In the field of Science, Albert Einstein is considered to be the most creativescientist of all. As an academic exercise, let us try to compare and rank AlbertEinstein vs Leonardo da Vinci.Obviously, there will be no definitive answer to it, as creativity can be definedand measured in different ways. Some people may argue that
Creativity is not a measurable as strictly as the temperature of melting gold is Read More »
PART-1 Before we can attempt to answer as to what should be considered a goldstandard of creativity. It is necessary to develop an idea of what creativity is allabout. Let us ask the interesting question whom should we consider as morecreative a scientist or a painter? To better appreciate it, let us ask a complexquestion
Creativity is not a measurable as strictly as the temperature of melting gold is. Read More »
