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Currency has been a hot topic of late, and it is no wonder given what has been happening in the eurozone, which is making waves worldwide no matter how far removed you are as a nation from the epicentre of the current financial quakes. It might be easy to think that in Asia, where we [...]
ONE OF the realities of markets is that at any one time, there has to be at least two individuals who are taking completely opposing views as to what is likely to happen next. While one person will look at the economic data and think the worst, another will look at the same data and interpret it in a completely different way – think of [...]
Getting older. Yes, it is happening to all of us, but some will accept the inevitable more gracefully than others. Thing is, as we go through life and age – whether gracefully or disgracefully – it is not just the colour of our hair or how many wrinkles we are gaining that we have to [...]
Any good builder knows that you will never build a house on sand. Well, let me rephrase that a little. You would not build a house on sand if you wanted it to stand up to the elements and remain steadfast for years to come – sand simply will not support the structure for you. [...]
We all know about risk, in fact much of life is about avoiding it, or at least protecting ourselves from it, preparing for the unexpected. For most of us that means quitting smoking, wearing a seatbelt and taking out a life insurance policy. But for mathematicians and statisticians, risk becomes a tantalising problem of how [...]