Chapter
Clips
In this podcast, the guest talks about what they are currently working on, including their new book.
54:11 - 57:00 (02:48)
Summary
In this podcast, the guest talks about what they are currently working on, including their new book. They also discuss the history of statistics and how the idea of using ratios was developed for practical uses.
ChapterThe Origins of Stochastic Analysis
EpisodeEp 29: What I Learned Losing a Million Dollars, with Author Brendan Moynihan
PodcastThe Tim Ferriss Show
This episode explores how the terms "chance variable" and "random variable" came into popular use in the investment business in the 1950s, stemming from the work of two researchers in stochastic analysis.
57:00 - 58:24 (01:23)
Summary
This episode explores how the terms "chance variable" and "random variable" came into popular use in the investment business in the 1950s, stemming from the work of two researchers in stochastic analysis.