tag:blogger.com,1999:blog-5880610.post6665993174423557357..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: The Best and BrightestSteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5880610.post-29270311521547273362009-04-06T10:10:00.000-04:002009-04-06T10:10:00.000-04:00Spitzer became governor largely thanks to his many...Spitzer became governor largely thanks to his many hyper-publicized cases against Wall Street titans like Dick Grasso and Hank Greenberg- cases that he pursued by going after everything and everyone connected with his targets, no matter how personal, by leaking constantly to the press and by making his own nasty, off-hand public comments.<BR><BR/><BR/><BR/><A HREF="http://www.asiarooms.com" REL="Davidhttps://www.blogger.com/profile/03857494673831574194noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-43496967998418412372009-03-17T18:10:00.000-04:002009-03-17T18:10:00.000-04:00100% tax on capital gains of less than one year is...100% tax on capital gains of less than one year is a start.<BR/><BR/>For commodities: brokers approve trading for producers and direct consumers of commodity.<BR/><BR/>For options/CDSs: broker software indicates whether there is the appropriate position in the underlying or not.<BR/><BR/>Restrictions may be relaxed for a small number of designated market-makers (exchange members).Ian Smithhttps://www.blogger.com/profile/06837467954881003505noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-65060159263725632762009-03-14T08:22:00.000-04:002009-03-14T08:22:00.000-04:00There is and has been an easy solution. It was pro...There is and has been an easy solution. It was proposed by Buffet.<BR/><BR/>100% tax on capital gains of less than one year.Ian Smithhttps://www.blogger.com/profile/06837467954881003505noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-73522948063759808642009-03-14T07:03:00.000-04:002009-03-14T07:03:00.000-04:00Is it really a societal loss if someone chooses fi...Is it really a societal loss if someone chooses finance over engineering?Horatiohttps://www.blogger.com/profile/00891591053238760399noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-28887269484235227392009-03-13T17:26:00.000-04:002009-03-13T17:26:00.000-04:00rp:I think you nailed it. The new grads who aren't...rp:<BR/><BR/>I think you nailed it. The new grads who aren't totally committed to science and engineering, and are quite possibly somewhat insecure about whether they can hack it, are sitting ducks for assiduous recruiters from financial services and consulting. Plus, those industries have been honing their pitch for at least a couple of decades now.<BR/><BR/>In addition, I recall reading on thisCWhttps://www.blogger.com/profile/15671404306768077552noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-91680354875944842202009-03-13T16:55:00.000-04:002009-03-13T16:55:00.000-04:00Interesting topic that brings together a lot of di...Interesting topic that brings together a lot of different issues relevant to those of us who made the science to academia switch. Personally I think the conventional story line of ‘the best and the brightest being siphoned off by money’ misses a, maybe even the, critical issue. <BR/><BR/>1) At the undergrad level it’s certainly true many students at the best schools are being siphoned off intorphttps://www.blogger.com/profile/16186782639003121304noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-12194861764020552002009-03-13T15:09:00.000-04:002009-03-13T15:09:00.000-04:00Yes, but. It seems that the financial crisis was ...Yes, but. It seems that the financial crisis was caused not by the quantification of financial data but by the influence of those leaders who were unable to make sense of it. Many financial leaders graduated with non-mathematical econ degrees, and were simply aggressive and charismatic individuals who wanted to "lead" (on the marketing and dealmaking side) without putting in the intellectual Unknownhttps://www.blogger.com/profile/03722675885882665188noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-16103141866969895772009-03-13T12:52:00.000-04:002009-03-13T12:52:00.000-04:00"The pretty good and the pretty smart" in the US.I..."The pretty good and the pretty smart" in the US.<BR/><BR/>In countries like China and Japan "the best and the brightest".<BR/><BR/>My SAT, ACT, and all of my CBAT scores were higher than the median at Cal-Tech, but I wasn't even called for an interview.<BR/><BR/>In countries where raw test performance determines what school you go to "the best and the brightest" really do have the opportunity toIan Smithhttps://www.blogger.com/profile/06837467954881003505noreply@blogger.com