December 9, 2016· 25 min
58: Ignore Investing's Mathematical Underpinnings at Your Peril
Orality
Model
87%
Highly oral (epic poetry, sermons, hip-hop)
Speaker Breakdown
HostJoe Weisenthal(597 words)
M:94%
HostTracy Alloway(962 words)
M:29%
GuestVictor Haghani(2,808 words)
M:29%
Oral Indicators
Agonistic30%
very, totally, basically
Engagement81%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
know (74x), like (55x), it's (43x)
Parallelism98%
And I'm Joe Weisenthal...., So it's really funny that you ..., And he started me on math trai...
Sound Patterns52%
24 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases4%
i mean
Literate Indicators
Hedging14%
probably, quite, maybe
Passive Voice10%
were given, was biased, were supposed
Abstract Nouns21%
investment, edition, management
Subordination13%
because, until, however
Sentence Length45%
Avg: 16.3 words/sentence
Word Complexity44%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style19%
378 personal pronouns found
Descriptive Style97%
really, actually, totally
Description
What's the optimum amount of money you should bet on a particular outcome? The answer is dictated by mathematics, yet plenty of people still go against the laws of numbers and probabilities when it comes to investing. This week, we speak with Victor Haghani, CEO of Elm Partners Management and the co-founder of the collapsed hedge fund Long-Term Capital Management, about the most important mathematical concepts for investing. We also discuss the pros and cons of quantitatively led finance. See omnystudio.com/listener for privacy information.