August 2011 archive

Applying investment rules increase returns and satisfaction

Behavioral economics and finance use social and emotional factors to understand the limits of rationality in making economic decisions. A recent survey by Barclays addressed techniques used by wealthy investors to increase both investment returns and their personal satisfaction. The survey covered over 2,000 high net worth individuals across the world, all of whom had …

Continue reading

Permanent link to this article: http://betweenthenumbers.net/2011/08/applying-investment-rules-increase-returns-and-satisfaction/

California Quits the Early Primary Game

The California Legislature recently decided with the full support of Governor Brown to forgo having a split primary as it has had in recent presidential election cycles.  Instead next year California will have just one primary election in June, likely well after the presidential candidates have been chosen. Envious of the attention given to small …

Continue reading

Permanent link to this article: http://betweenthenumbers.net/2011/08/california-quits-the-early-primary-game/

Statistical Skills Rewarded in Massachusetts Lottery

Massachusetts has taken steps to close a loophole in one of its lottery games called “Cash WinFall”, which had been successfully exploited by a few statistically savvy individuals and groups. The lottery game was first launched in 2004, with the odds of picking all six numbers reported as over 1 in 9 million. However, the rules …

Continue reading

Permanent link to this article: http://betweenthenumbers.net/2011/08/statistical-skills-rewarded-in-massachusetts-lottery/

The New Silicon Valley

Israel seems to be becoming the new standard for high-tech start-ups.  500 start-ups a year are created every year in Israel.  Management consultant McKinsey reports that Internet-related activities represent 6.5% of Israel’s GDP, or US$ 12.6 billion.  McKinsey also states that the web economy has created 120,000 jobs, accounting for 4% of the country’s workforce.  …

Continue reading

Permanent link to this article: http://betweenthenumbers.net/2011/08/the-new-silicon-valley/

The iCloud Honeypot Followup

Thanks to being picked up by slashdot my article on the potential for Apple’s iCloud being used to discover illegally copied music has gotten quite a lot of attention, including a thorough examination on Ars Technica. When it came to the factual part of our article, they agreed that indeed it would be possible for Apple …

Continue reading

Permanent link to this article: http://betweenthenumbers.net/2011/08/the-icloud-honeypot-followup/