Wednesday, July 28, 2010
Tuesday, July 27, 2010
Volatility Smile Lecture Notes
When it pays not to know your times table
For almost two centuries, Spain has hosted an enormously popular Christmas lottery. Based on payout, it is the biggest lottery in the world and nearly all Spaniards play. In the mid 1970s, a man sought a ticket with the last two digits ending in 48. He found a ticket, bought it, and then won the lottery. When asked why he was so intent on finding that number, he replied, "I dreamed of the number seven for seven straight nights. And 7 times 7 is 48."
Sunday, July 25, 2010
Birthday guitar goodies
Saturday, July 24, 2010
The Guitar Diaries #4
sevenths, ninths, eleventh and thirteenths. The last 3 of these are
constructed by taking a seventh and adding, respectively, the second,
fourth or sixth note of the scale. The addition of these notes adds a
different colour to the sound of the chord. A cool, and practical,
application of these chords is to play the C Mixolydian scale (C-D-E-F-
G-A-Bb-C) where each note is at the top of one of these chords. I was
also shown several combinations of these chords that work well for a
blues-style rhythm.
I've also got another little blues piece to chew on. This one is a
"Mixolydian blues", with a straight sixteenths feel. There's a lot
more notes than the one from last week, so it will probably take a bit
more work to learn.
Wednesday, July 21, 2010
The Guitar Diaries #1-#3
Tuesday, July 20, 2010
paranoid transpotter
Monday, July 19, 2010
Everything You Need to Know About Global Warming in 5 Minutes
I have a theory that people who find themselves running major-league companies are real organization-management types who focus on what they are doing this quarter or this annual budget. They are somewhat impatient, and focused on the present. Seeing these things requires more people with a historical perspective who are more thoughtful and more right-brained — but we end up with an army of left-brained immediate doers.
So it's more or less guaranteed that every time we get an outlying, obscure event that has never happened before in history, they are always going to miss it. And the three or four-dozen-odd characters screaming about it are always going to be ignored. . . .
So we kept putting organization people — people who can influence and persuade and cajole — into top jobs that once-in-a-blue-moon take great creativity and historical insight. But they don't have those skills."
Wednesday, July 14, 2010
The Frank Zappa Guitar Book
Sunday, July 11, 2010
World Cup Wrap: The best team won, but...
Saturday, July 10, 2010
Clash of the Titans (2010)
Uncle Tom's Cabin, by Harriet Beecher Stowe
But who, sir, makes the trader? Who is most to blame? The enlightened, cultivated, intelligent man, who supports the system of which the trader is the inevitable result, or the poor trader himself? You make the public sentiment that calls for the trade, that debauches and depraves him, till he feels no shame in it; and in what are you better than he?
Friday, July 9, 2010
Gekko gets his geek on
Douglas Adams: the "biscuits at the train station" story
À propos de rien, here is an excerpt from an article that appeared in The Times written by Terry Jones (whom I know as the "Bishop" from the Monty Python sketch). It recalls a classic anecdote from Adams, which for me sums up a lot about the English nature:
I remember him telling me once of something that, he said, had just happened to him at the railway station. He was early for a train, so he bought The Guardian, a cup of coffee and a packet of biscuits, and sat down at a table, putting the folded newspaper down so he could do the crossword. The packet of biscuits was in the middle of the table.
There was another man already sitting at the table and this man now leant calmly across, tore open the packet of biscuits and ate one. Douglas said he went into a sort of state of shock, but — determined not to show any reaction — he equally calmly leant forward and took the second biscuit. A few minutes later, the man took the third and ate it. Douglas then took the fourth and tried his best not to glare at the man.
The man then stood up and wandered off as if nothing had happened, at which point Douglas’s train was announced. So he hurriedly finished his coffee and picked up his belongings, only to find his packet of biscuits under the newspaper.
It’s actually a profoundly philosophical story. With one slight adjustment of the furniture, the victim becomes the aggressor and the aggressor the victim, and one is left with the untold story of the true victim hanging in the air. It’s exactly the sort of shift in perspective that fascinated Douglas — as a way of not just telling stories but also of looking at ideas.
He told me the same story many times, and it eventually ended up, much embellished, in So Long and Thanks for All the Fish.
It was this ability to make us see things from a totally unexpected perspective that is the most characteristic feature of Douglas’s writing, and the one which elevates it above most other writing in the genre.
Thursday, July 8, 2010
Channelling it
This isn't my idea, this is stuff that's been passed down, passed on to me by my teachers --- guys like Joe Pass, Pat Martino... I'm just channelling it, you know?