accuracy – Karthik Shashidhar

arbit, personal, work accuracy, average person, competitive disadvantage, corporate career, devil, mental energy, nbsp, ninety five, routine task, routine tasks, silly mistakes, transformation

Detail

October 12, 2011

Detail is the devil. That’s my big problem in life. I’m fundamentally clumsy and prone to errors, and don’t have much of an eye for details. I tend to make a lot of silly mistakes. So whenever I’ve to do some task that requires precision, it requires me to put in way too much energy,…

business, finance, investment banking, randomness, work accuracy, assumptions, behavour, best efforts, business week, comprehension, disrepute, economy, elegance, emanuel derman, fellow, finance, financial crisis, lookout, mathematics, model makers, paul wilmott, profession, quantitative models, quants

Addition to the Model Makers Oath

March 22, 2011

Paul Wilmott and Emanuel Derman, in an article in Business Week a couple of years back (at the height of the financial crisis) came up with a model-makers oath. It goes: • I will remember that I didn’t make the world and that it doesn’t satisfy my equations. • Though I will use models boldly…