Oct. 13th, 2016

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In Antigone, Creon eventually makes all the right decisions but his timing is off. There's no no such thing as the timing belt in nature.

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It appears that Trump supporters, including Trump himself, bet heavily on the email server scandal*. Then, when the bet didn't pan out they started blaming everybody and everything, instead of rethinking their betting strategy.

By contrast, Mitt Romney in his March 3 speech focused on Trump's chances to win independently of the scandal. He based his calculations on Trump's own credibility holes and concluded that the holes, e.g. the tax return, represented a greater risk. Romney's evaluation turned out to be correct.

I think this is the most important lesson of the 2016 presidential campaign: one has to diversify political risks the same way portfolio managers diversify investment risks.

* Democratic primaries showed that the scandal was a non-factor. At the time, it would be rational to adjust expectations accordingly.
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Главный результат нынешней избирательной кампании – демонстрация всему миру...


Во-первых, американцы выбирают прежде всего себе президента, а не стараются что-либо "демонстрировать всему миру". Выбирать на свою голову идиота в угоду кому-то там в мире нам не хочется.

Во-вторых, если посмотреть на карту мира, то единственная страна, где в целом положительно относятся к Трампу - это Россия. Выбирать на свою голову идиота в угоду путинской России тем более не хочется.

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