Paul's Blog

Europe – What’s the point?

12th December 2011 Paul 0

I have always believed that the EU and the Euro are simply ego trips for a few Northern European politicians, their desire for a legacy. For Southern and Eastern Europeans the EU and Euro are […]

Paul's Blog

Bankers Can’t Avoid Risk by Hiding It

9th November 2011 Paul 0

(A version of this was first published on on May 24, 2011.) One of the supposed silver linings of our recent economic disaster was the idea that we finally understood how hazardous our exotic […]

Paul's Blog

Quant Lessons From The Royal Wedding

29th April 2011 Paul 0

I like to teach certain quant finance ideas by reference to real life, often involving supermarkets and tins of baked beans (see for example The Role of Mathematics in Finance: Relevance, Reliance, Robustness). This is […]

Paul's Blog


11th April 2011 Paul 0

In 1983 Howard Gardner proposed a theory of ‘multiple intelligences,’ and to date has listed eight different types: Spatial; Linguistic; Logical-mathematical; Bodily-kinesthetic; Musical; Interpersonal; Intrapersonal; Naturalistic. The interesting point about this is not the concept, […]

Paul's Blog

Rewarding Mathematics

14th March 2011 Paul 0

We hear a lot about how talent will leave the major financial centres if taxes or regulations become unacceptable. That people move to more favourable locations is more or less plausible. But what seems to […]