The conceptual framework for a man's search for meaning

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Entries from December 27th, 2011

Show me the money

December 27th, 2011 No Comments

Academic definition: A capital market is a market for securities (debt or equity), where business enterprises (companies) and governments can raise long-term funds. In primary markets, new stock or bond issues are sold to investors via a mechanism known as underwriting. In the secondary markets, existing securities are sold and bought among investors or traders, […]

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Bayes’ theorem and the base rate neglect

December 23rd, 2011 No Comments

This is a continuation of the previous posting. Please click here to go to the first posting. The answer is 41%. Why? To recap, 85% of the car is Green and the remaining 15% Blue A witness testified that the cab involved in the accident was Blue The witness was tested for the ability to […]

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Debunking the myth: “I am 80% smarter than you”

December 23rd, 2011 No Comments

As best as science can describe it, there is a short cut system in us, scientifically called System 1 or commonly known as Intuition or Six Sense. The bestseller author Malcolm Gladwell romanticized the term Blink, which basically meant the same thing. All of us would definitely experience this, but almost vaguely if we don’t […]

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Borrowing a corpse to resurrect the soul (Jie Shi Huan Hun)

December 4th, 2011 No Comments

Many things have had happened since I last updated this blog. For one, my uncle passed away. Healthy, therefore all the more devastatingly unexpected. The feeling is strange if you had dinner with a person only to find out he or she is dead the following day. Life is just too fragile to be mindful of everything. […]

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