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Entries from February 1, 2016 - February 29, 2016

"It’s no accident that all the heavy hitters... 

...in this business [finance] are also really great writers."

"Of course, there is a lot of math behind the quant stuff, and the guys doing it are mathematical geniuses, but the best of them are also very sharp market folks, with a nose for when trades start to get crowded."

"Computers may be computers, but the people who program the computers are just human, and utterly fallible."

Jared Dillian in The 10th Man February 18, 2016

Posted on Saturday, February 27, 2016 at 09:49AM by Registered CommenterJames Drogan | CommentsPost a Comment

Teams

My courses are marked by a focus on discussions and an emphasis on teamwork to address projects.

Teams is intended to make clear to students my expectations regarding teams.

Posted on Sunday, February 14, 2016 at 11:56AM by Registered CommenterJames Drogan | CommentsPost a Comment

Do Star Scientists Impede New Ideas?

This from the HBR Daily Stat of February 8, 2016.

After a star scientist dies, their collaborators publish fewer articles in the star’s field; however, articles by noncollaborators increase by 8% on average, according to a study led by Pierre Azoulay at MIT Sloan School of Management. These additional contributions are disproportionately likely to be highly cited, and they are also more likely to be authored by scientists who were not previously active in the deceased star’s field. The results suggest that outsiders are reluctant to challenge leadership within a field when the star is alive. Turnover in leadership enables the injection of fresh ideas into the field — but only when those within are willing to support and accept new ideas.

I wonder whether this phenomena may apply more broadly.

Posted on Tuesday, February 9, 2016 at 07:09AM by Registered CommenterJames Drogan | CommentsPost a Comment