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How many of us over the years have typed A1*A2*A3 in Excel when we could have been using PRODUCT(A1:A3)? SO much better than the first one. And yes I just discovered this formula and will now it whenever needed over the above. Does anyone here have a similar example of something they discovered in Excel like this that they should have known about but didn't? My next one for sure will be AGGREGATE.
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Optimizers can be powerful tools, and instructive teachers, for discretionary investors. From calibrating trading speed to accounting for tail risks, the newest addition to our Library explores how optimizers can help us improve our intuition as investors in pursuit of better portfolio outcomes. Read the piece here: https://lnkd.in/eHHUR8Sj. #deshawgroup
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Finding the tool that fits best to the user and requirements is always a challenge. Nevertheless it is doable following a few steps. 1. Analyze the requirements and needs of all future user. 2. Group them into 'Must have' and 'Nice to have' features. 3. Investigate and create a list of available tools. 4. Filter available products by 'Must have' features. 5. Compare the filtered tools based on the 'Nice to have' features and their price. 6. Collect pros and contras from future user by let them playing with a test environment. 7. Set the pros and contras in relation with each price. (Involve the future user as much as possible). 8. Take a decision.
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As our software systems get smarter, I'm curious when they would acquire 'wisdom'. It begs the question of how to define it, because only then can you operationalize it. Here's an attempt: Wisdom is the ability to make accurate long-term predictions using inputs that are not widely obvious, and where the relationship between observation and prediction can be complex or counterintuitive. So, perhaps 'computational wisdom' is accurate, long-range, highly non-linear forecasting?
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