Friday, June 24, 2011

Arbitrage

After watching Numb3rs Season 3 - Longshot, I review the lessons in this episode in this site
http://www.math.cornell.edu/~numb3rs/samuelson/last2/num306.html. The Arbitrage section was rather interesting.

I looked into our Singapore pool betting system particularly on the soccer bets where there are odds defined and true indeed, the reciprocal of the odds are always greater than 1.


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Monday, June 13, 2011

A Don't Know Mind

The whole world recognizes the beautiful as the beautiful but this is the only ugly;

The whole world recognizes the good as the good, yet this is only the bad. - Tao Te Ching

To know more, one need to have a don't know mind.


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Sunday, June 12, 2011

What are you carrying?

Two monks were traveling by foot in winter when they came upon a ford swollen by the rain. A pretty girl stood by the water, crying because she couldn't get across. One of the monks said, "Come on!" and scooping her up in his arms marched through the flood, put her down on the other side, and walked on. All day his companion fumed inside. Finally, when they stopped for the evening meal he burst out, "Why did you pick up that girl? You know monks aren't allowed to touch women. And she was pretty, as well!" To which his companion replied, "Why are you are still carrying her then?"

Saturday, June 11, 2011

Do you believe in ghosts?

Time flies and it's almost 2 months away that I have posted my last post in March. I did 2 months of CFA hibernation and finally, the exam is over. While at the library, I spotted a book staring at me - Zen Questions by Robert Allen. The book has lots of illustration and here is one that I like.

A man's wife lay dying. She loved her husband very much and made him promise never to remarry. She told him that, should he break his promise, she would return to haunt him. For some time the husband remained faithful but, being quite a young man, he felt the need of a wife. He met a girl he liked and decided to remarry. Immediately the ghost of his former wife started to appear to him. She not only berated him for his unfaithfulness but embarrassed him by recounting in great detail exactly what he and his new wife had been up to. In desperation the man sought help from a Zen priest. The priest told the man to put some dried beans in his pocket. The next time the ghost appeared he was to take a handful of beans, without looking, and challenge the ghost to tell him how many beans he held. If she could do it, he would leave his new wife, but if not, the ghost would have to stop bothering him. The man followed this advice and, as soon as he issued the challenge, the ghost let out a scream of anger and fled.