What use is a library without a librarian, or an encyclopedia without an index? Scale that prospect up to the realms of Web analytics, astronomy, high-speed finance, or even basketball statistics, and the problem becomes clear.As research scientist Fernando Pérez put it, “Regardless of the amount of data we have … we still only have two eyeballs and one brain.”Pérez, […]
As computers enter ever more areas of our daily lives, the amount of data they produce has grown enormously. But for this “big data” to be useful it must first be analyzed, meaning it needs to be stored in such a way that it can be accessed quickly when required.
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As long as there have been markets, people have been driven by greed to make irrational investment decisions. When enough people get in on the action, valuations — the prices of securities — go haywire, soaring to obscene heights and then crashing in a shower of crushed dreams.Chasing performance, taking on excessive risk and selling at inopportune times are all […]
Everyone is looking for bubbles these days. I, too, am looking for bubbles, so I do not feel alone.The problem is…how do you identify a bubble.Alan Greenspan is famous for saying one time that a bubble cannot be identified, before it bursts! The conclusion he drew from this is that monetary policy cannot fight a bubble…because…if you cannot identify […]
It is increasingly recognized that climate change has the potential to threaten people and nature, and that it is imperative to tackle the drivers of climate change, namely greenhouse gases. One way to slow climate change is to increase the number of trees on Earth, as they, through photosynthesis, take up the greenhouse gas carbon dioxide, converting it to carbon […]
Facebook is working to become your new best friend, getting to know you better by infusing the billion-member social network’s software with artificial intelligence.
The California-based social network giant is hiring professor Yann LeCun of NYU’s […]
We Could Easily Have A Major Stock Market Crash Much Worse Than 2008, Total Credit Market Debt (TCMD) Growth Is Not Confirming The New DJIA High At All
Nope, No Bubbles AnywherePresented with no comment (because, quite frankly, none is needed…)Chart: Der Spiegelhttp://www.zerohedge.com/news/2013-12-13/nope-no-bubbles-anywhereAbout That “Bull Market Til 2016″ Call: Before You Buy the Dip, Check Out This Chart (December 13, 2013) If […]
Millions of previously hidden US stock trades will be revealed for the first time on Monday December 9 thanks to research from a team of academics.
Previously odd lots, which are trades of less than 100 […]
For all its hype as a potential panacea for companies everywhere, Big Data isn’t necessarily useful data. All the analysis in the world isn’t helpful if, in the end, you can’t figure out what your data actually indicates. Gleaning information by interpreting and recognizing patterns in the data, and then deciding on a course of action, is sort of hard. […]
Major Stock Market Crash In January? It’s Going To Be A Whole Lot Worse Than In The 1930s
Chart: http://modernsurvivalblog.com/wp-content/uploads/2013/11/major-stock-market-crash-in-january.gifIs there a major financial crash in our near future? You must check out this stunning analogy between the current day Dow Jones Industrial Index compared with the time period 1928-1929 leading up to the memorable stock market crash…The pattern of stock price […]
