Former Goldman Banker On The Math That Has Your Insurance
Company Winning Every Time en-us Wed, 31 Dec 1969 19:00:00 -0500
Mon, 10 Mar 2014 18:30:47 -0400 Michael thats the point Wed, 20
Feb 2013 12:02:29 -0500 Your point is valid, but the author is
trying to illustrate some mathematical concepts and apply them
to the real world for normal people. If anything your comment
validates the authors premise, that the financial community
either obfuscates the math behind their products (which, like a
casino, is to their benefit, not yours) or worse, overloads
people with math to say "look how smart I am, I know how to use
sigma notation" when laying it out is easier for normal people
to understand. Granted, the sort of math the author describes
'normal' people should know but goes into a deeper problem with
Americans who, not only can only speak one language (like me),
have a near-phobic response to math. Given the past handful of
elections in this country and our current state of affairs, is
proving to have very se