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17 Feb 2023 4 minute read 3 comments Todd Mei PhD
Image by Sibya on Pixabay “The best laid plans of mice and men often go awry . . .” (“The best-laid schemes o’ mice an’ men / Gang aft agley . . .”) — Robbie Burns (1759–1796) When things go poorly or even fail with respect to defined goals, then on...
11 Feb 2023 2 minute read 0 comments Todd Mei PhD
In statistics jargon, sigma (σ) is “The unit of measurement usually given when talking about statistical significance is the standard deviation. . . The term refers to the amount of variability in a given set of data: whether the data points are all...
8 Feb 2023 3 minute read 1 comment Todd Mei PhD
Image by Soufiene goucha from Pixabay “Store of value” is the feature of a currency or commodity to act as a stable, or non-volatile, measure of price. An ideal store of value would act as the center by which the prices of all other goods and serv...
29 Jan 2023 4 minute read 0 comments Todd Mei PhD
mit·i·ga·tion /ˌmidəˈɡāSH(ə)n/ noun the action of reducing the severity, seriousness, or painfulness of something. * * * * * With financial markets, there are generally two categories of risk: Systematic risk Non-systematic or uns...
