Moral Equilibration Theory proposes that your moral beliefs are shaped not only by what you think is right, but also by what you have already done. You carry a private record of your own behavior, and when that record conflicts with your preferred self-image, your moral interpretation tends to move toward a position you can live with.… Read the rest
Prologue: The Silent Mentor
Imagine the universe as a cryptic teacher. It doesn’t offer a clear path to success, but it flags the pitfalls to avoid. Its voice isn’t a directive “Go here,” but a resounding “Steer clear.” This asymmetry, between the silence of what to do and the clarity of what to avoid, is life’s great cheat code.… Read the rest
Financial academics as well as practitioners for long have come up with “risk-adjusted” metrics to be able to evaluate the quality of investments, strategies and funds and to compare them apple to apple. The most common metric used is Sharpe Ratio introduced by American economist William Sharpe in 1966 who won Nobel prize in Economics in 1990 for developing “Capital Asset Pricing Model“.… Read the rest
Hello, my name is Hesam Aslan and here, I will write about quantitative finance 📈, economy, 💰 probability, statistics 🧮 and investment in general. As an engineer and a self-proclaimed geek, I also love anything related to technology and I’ll try my hand in writing about new technologies.… Read the rest
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