Random Walks

  I first encountered the idea of the Random Walk in my law and economics class; specifically as that concept relates to stock prices. The thrust of the theory that stock prices proceed along a random path, and particular trends or outcomes cannot be identified or predicted based on past performance. However, the price distribution of [...]

You were irrelevant before and will remain so. But this has been fun. Thanks.

I am always amazed at the kind of artists who get crazy famous in Great Britain, and Lily Allen has been a poster child for that kind of curiosity. Her music is pleasant enough, and she says “fuck” in some songs, okay. But I gave her a listen when her last record came out, and it [...]

iPod Partisanship

Early this week, a Philadelphia-area journalist Neil Santos wrote about his very close brush with President-elect Barack Obama in a gym:

My morning routine usually starts off the same way every day. Wake up, go to the gym, grab a coffee and go to work.

But when you get patted down by the Secret Service at [...]