If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
|
Thread Tools | Display Modes |
#11
|
|||
|
|||
Article about John Cochrane
On Dec 29, 5:52*pm, wrote:
On Dec 29, 10:35*am, wrote: On Dec 28, 9:38*pm, MickiMinner wrote: John will probably be the first nobel prize winner that I have ever met. The odds of a free market economist winning the Nobel prize are about zero, at least these days. *To be in the running, you need to be a shill for government power, planned economies, Keynesianism and monetary inflation. *Kinda like Paul Krugman, in fact :-|. -T8 I kinda like Krugman too. I'm more of a Murray Rothbard kinda guy, myself. -T8 |
#12
|
|||
|
|||
Article about John Cochrane
On Dec 29, 9:40*am, wrote:
On Dec 28, 9:40*am, HoUdino wrote: It might be interesting to compare the ideas imbeded in the Black- Scholes model with our current thermal prediction models. *I wonder if John would comment if there is something worth persuing? LT Thanks for the plugs guys. We were all disappointed with the Bloomberg article, but I guess everyone thinks they're a lot clearer and more eloquent than what the reporter writes. I haven't found a use for Black-Scholes in glider flying yet, but my MacCready theory articles are straight translations from the classic "optimal portfolio" theory. An investor goes through life with occasional opportunities (thermals) of varying promise (strength) but a constraint that wealth (altitude) must never be negative. As you can see, if you just change the letters you've got the same problem. John BB Nice one John. Seems we went through a patch of nasty sink - and are now scratching around in zero-up hoping it develops into something that will gain us some altitude (wealth) before the sun gets too low and we have to start final glide (retirement) from whatever altitude we have. Oh, yeah and CBs all around us. If cruise speed were Beta you could optimize between cross-country speed and the risk of landing out. ;-) 9B |
#13
|
|||
|
|||
Article about John Cochrane
|
|
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Our own BB (John Cochrane) on NPR | DRN | Soaring | 5 | October 3rd 08 09:42 PM |
GPS article | hiruma222 | Piloting | 0 | August 23rd 07 01:42 AM |
GPS article | hiruma222 | Instrument Flight Rules | 0 | August 23rd 07 01:42 AM |
GPS article | hiruma222 | Instrument Flight Rules | 0 | August 23rd 07 01:42 AM |
ATTN: John Meyer, others interested in points John made about my photos | Just Plane Noise[_2_] | Aviation Photos | 0 | July 29th 07 01:27 AM |