Paul's Blog

Out With The New, In With The Old

12th May 2010 Paul 0

Goodbye, New Labour, you won’t be missed. And the fondest of fond farewells to Peter Mandelson, please don’t keep in touch. Back to Old-style politics in which MPs and cabinet ministers have their say, no […]

Paul's Blog

Politics, Panic and Poker

10th May 2010 Paul 0

The Conservatives have offered the LibDems a referendum on electoral reform (albeit only on a very weak version of reform). Clearly a panic move, they didn’t even wait to get a sense of people’s reactions […]

Paul's Blog

Brown Out

9th May 2010 Paul 0

Following the election result (not that there has been an actual ‘result’) and while waiting for the horse trading to lead somewhere, there are only two things that are absolutely certain: 1. Brown will not […]

Paul's Blog

Greed Is Good But Envy Is Bad

20th September 2009 Paul 0

“Greed is good,” said the Ivan Boesky-inspired Gordon Gecko in the first “Wall Street” movie. And greed certainly is one of the prime movers behind many a successful business, along with altruism, curiosity, necessity, etc. […]

Paul's Blog

Hoping For One L Of A Recovery

1st September 2009 Paul 0

A few months ago I was speaking at a conference at which Nouriel Roubini gave a talk about his view on the future of the world economy. He spoke about V-shaped recovery, U shaped, W […]

Paul's Blog

Valuation Versus Risk Management

1st July 2009 Paul 0

Valuation and risk management, two sides of the quant business, must be treated with equal sophistication, with equal respect, and with equal suspicion. And there must be closer interaction between them. In education, valuation should […]

Paul's Blog

Policing The Police

29th June 2009 Paul 0

I was at the G20 protests in London on 1st April. I took this photograph of the ‘charming gentlemen’ who were supposed to be keeping the peace. As we know they were instead beating people […]

Paul's Blog

FSA: It’s Worse Than I Feared

24th June 2009 Paul 0

Remember my blog about Magicians and Mathematicians in which I complained about the lack of imagination in risk management? If you don’t, then please take a look otherwise the rest of this blog won’t make […]

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