tag:blogger.com,1999:blog-5880610.post116881455257001563..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: Podcast roundupSteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5880610.post-1168966565898131762007-01-16T11:56:00.000-05:002007-01-16T11:56:00.000-05:00Thanks for the Borges link...I wrote my literature...Thanks for the Borges link...I wrote my literature thesis at Tech on Borges. One thing I agreed with in the discussion was the comments about the "made-up" works/names in Borges. The amazing thing about these constructions is that they are often quite closely related to real works and are almost always intimately tied to a major theme of the story, often in a quite complicated manner. Often Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-1168916750123569432007-01-15T22:05:00.000-05:002007-01-15T22:05:00.000-05:00It's not just that they can't predict - I can't pr...It's not just that they can't predict - I can't predict the next core CPI number either - it's that they don't seem to realize this. Either that, or they're very happy with their high entertainer compensation ;-)<BR/><BR/>Rather than professional actors (i.e., con men, who are plentiful on Wall St.), they strike me more as slightly geeky middle-to-highbrow thinkers who are in love with their Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-1168912015326009232007-01-15T20:46:00.000-05:002007-01-15T20:46:00.000-05:00Let's get real here. People who can make correct p...Let's get real here. People who can make correct predictions with any kind of reliability is not going to waste their time being an "economist" or "analyst". They're working for or running a hedge fund or a prop trading desk at one of these banks.<BR/><BR/>Economists and analysts are hired by investment firms for the "benefit" of their customers only. So calling them "entertainers" is not really Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-1168842192398660102007-01-15T01:23:00.000-05:002007-01-15T01:23:00.000-05:00Those market "economists" are amazingly well compe...Those market "economists" are amazingly well compensated for being wrong. Come to think of it, so are stock analysts and political pundits. Their compensation makes no sense unless you view them as entertainers.Anonymousnoreply@blogger.com