I hope Make A Million’s systems are playing up. Â Otherwise some players are losing more money than I ever expected.
The US is in uproar. Their unemployment* rate is at 9.6% after having briefly flirted with 10.1% a year earlier. It’s predicted to stay around this level for years. The bulk of US unemployment is cyclical. Don’t let anyone tell you different (especially not in 1935). Cyclical unemployment arises when a shock (in this case,…
In How Not to Lose Money in Make a Million I showed that the game was massively more likely to lose you money than make you money. Â It may be a great way for the promoters to gain some new client and some media coverage, but it’s a really poor way to introduce the masses…
I have to multi-task. I am the bottle-neck for too many problems already and my team needs input from me before they can continue in many areas. But I know it doesn’t make me efficient. Switching between tasks takes time. You forget important details, and struggle to get the depth of understanding and focus required…
This is not the best way to start serious analysis of models versus markets in the prediction space, but given that I’m writing an exam tomorrow I thought I should put the links out there now. Â I’ll address this topic again in the future. Steven Levitt (of Freakonomics fame) discussed an old paper of his…
I have a clear strategy for how not to lose money playing the Make a Million competition. As I explain it, you may come up with some smart tactics to win the competition and enhance your returns, but you’re on you’re own there. So, how does one not lose money with the Make a Million…
I haven’t yet found a WordPress plugin that creates really great word / tag clouds. I created this one from my post Clear, Simple and Wrong using Wordle. I think it sums up the post well.
