Article about John Cochrane

http://tinyurl.com/7sux2t

On Dec 27, 6:21*pm, Greg Arnold wrote:
http://tinyurl.com/7sux2t

Well, the article isn't *about* BB, but he is front and center in the
article.

I do have to register huge support for his position -- arguing with
the free market is like telling a thermal where its center is. How I
wish I could do that.

~ted/.02NO

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

On Dec 27, 6:21*pm, Greg Arnold wrote:
http://tinyurl.com/7sux2t

BB was also interviewed by Lianne Hansen on NPR's Weekend Edition this
morning.

John will probably be the first nobel prize winner that I have ever
met. His interviews and articles are interesting and easy to
understand. No wonder he is such a great professor, and you can
really tell that he is used to teaching, when you read his soaring
articles. Way to go, BB !!!

keep soaring with the eagles, instead of pecking around on the ground
with the turkey's.
micki (who hates pork barrel politics)

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

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.

Whenever the news media writes about something about which I have some
knowledge, they seem to get everything all mixed up. So I assume that
is true of most articles.



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

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

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

You need to come up with a new idea.

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.