Yet another weird SF fan

I'm a mathematician, a libertarian, and a science-fiction fan. Common sense? What's that?

Go to first entry



<< current
E-mail address:
jhertzli AT ix DOT netcom DOT com

My Earthlink/Netcom Site

My Tweets

My other blogs
Small Sample Watch
XBM Graphics

The Former Four Horsemen of the Ablogalypse:
Someone who used to be sane (formerly War)
Someone who used to be serious (formerly Plague)
Rally 'round the President (formerly Famine)
Dr. Yes (formerly Death)

Interesting weblogs:
Back Off Government!
Bad Science
Boing Boing
Debunkers Discussion Forum
Deep Space Bombardment
Depleted Cranium
Dr. Boli’s Celebrated Magazine.
Foreign Dispatches
Good Math, Bad Math
Greenie Watch
The Hand Of Munger
Howard Lovy's NanoBot
Liberty's Torch
The Long View
My sister's blog
Neo Warmonger
Next Big Future
Out of Step Jew
Overcoming Bias
The Passing Parade
Peter Watts Newscrawl
Physics Geek
Pictures of Math
Poor Medical Student
Prolifeguy's take
The Raving Theist
Respectful Insolence
Seriously Science
Slate Star Codex
The Speculist
The Technoptimist
Tools of Renewal
XBM Graphics
Zoe Brain

Other interesting web sites:
Aspies For Freedom
Crank Dot Net
Day By Day
Dihydrogen Monoxide - DHMO Homepage
Jewish Pro-Life Foundation
Libertarians for Life
The Mad Revisionist
Piled Higher and Deeper
Science, Pseudoscience, and Irrationalism
Sustainability of Human Progress

Yet another weird SF fan

Saturday, December 27, 2008

Did I Predict Something Like the Madoff Scandal?

Last year, I wrote:

By the way, do they know better than the market? There are reasons to be skeptical. As I've mentioned before, violations of the Efficient-Market Hypothesis tend to be temporary and may be no more reliable than the data-mining results that appeared to indicate astrological signs could be medically relevant. The fact that the hedge-fund people tend to be Democrats might be no more relevant than the political opinions of lottery winners.

We might have to brace ourselves for a scandal. If potential investors suddenly realize the hedge funds are simply a type of gambling, they will look around for people to blame. Since everybody knows “the rich” are on the right side of the political spectrum, they will blame the activities of these Democrats on free market capitalism. Could this be the next Enron?

On the other hand, I also expected the scandal would involve somebody socially liberal who think he knows better than religious traditions. That turned out not to be the case.


Post a Comment

<< Home

My Blogger Profile
eXTReMe Tracker X-treme Tracker

The Atom Feed This page is powered by Blogger.