For years, he circled the problem. Around 2000, a friend in Seattle had given Glickman a copy of Edward Thorp’s bestselling 1967 book, Beat the Market, which claimed to show how option markets could be beaten, and wondered if what Thorp posited could still be done. A few weeks of study later, Glickman determined that Thorp’s loophole had been closed. But he was intrigued. He wondered if machine learning could be applied to the stock market—and he just as quickly hit a wall. “No matter how hard I tried,” he confesses, “it would not work on the stock markets.” … [Read more...] about Can an artificial intelligence learn to beat the stock market?
This isn’t Team Rubicon’s first disaster. For the past three years, the NGO has “deployed” to flood zones in Marseilles, Illinois, hurricane-hit neighborhoods in New York City, and the flattened homes of Moore, Oklahoma. Veterans have served in Sudan and Burma, and Team Rubicon now has 10 regional groups devoted to different sections of the United States. But according to McNulty’s co-founder and former marine sergeant Jacob Wood, Team Rubicon happened by accident. … [Read more...] about This Team of Veterans Took Vacation To Fix Colorado’s Flood Ravaged Homes