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Forum: TV Shows, Movies, Books, etc 07-27-2020, 07:34 PM
Replies: 12
Views: 287
With Perry Mason, it all about the character...

With Perry Mason, it all about the character names:

Perry Mason: Builds a case.

Della Street: de la street

Paul Drake: always preening

Hamilton Burger: Imagine his nickname.
Forum: Property - Casualty / General Insurance 07-24-2020, 04:00 PM
Replies: 8
Views: 327
Imagine a six-sided die that when rolled pays $6...

Imagine a six-sided die that when rolled pays $6 if a "6" is rolled and nothing otherwise. Roll the die, actual will be 0 or 6; expected is 1.

Be very careful of what this analysis is being used...
Forum: Non-Actuarial Personal Finance/Investing 07-19-2020, 09:00 AM
Replies: 294
Views: 64,725
I assume that you had some defaults and that...

I assume that you had some defaults and that Prosper is trying to collect these for you; at least that is my understanding of how Lending Club does it. So, it is possible that you will get a few...
Forum: Non-Actuarial Personal Finance/Investing 07-13-2020, 08:36 AM
Replies: 294
Views: 64,725
Where can you get 2% in a savings account these...

Where can you get 2% in a savings account these days??
Forum: Property - Casualty / General Insurance 07-09-2020, 11:58 AM
Replies: 5
Views: 848
:)

:)
Forum: Careers - Employment 07-08-2020, 11:31 AM
Replies: 37
Views: 2,108
Only if you want to buy a copy.

Only if you want to buy a copy.
Forum: Careers - Employment 07-08-2020, 09:09 AM
Replies: 37
Views: 2,108
Determine the cost to them of their next best...

Determine the cost to them of their next best alternative and charge slightly less than that.
Forum: Non-Actuarial Personal Finance/Investing 07-07-2020, 09:38 AM
Replies: 124
Views: 15,282
I haven't pulled the underlying data, but I'm...

I haven't pulled the underlying data, but I'm guessing that my original post was based on intra-day and yours is based on closings.

Using your data, around 25% of trading days have closing prices...
Forum: Property - Casualty / General Insurance 07-04-2020, 02:19 PM
Replies: 8
Views: 816
If you're a reinsurer, you might also wonder...

If you're a reinsurer, you might also wonder about underwriting year. Depending on the underlying and if the basis is risks attaching or losses occurring, losses and premiums can be a real challenge...
Forum: Non-Actuarial Topics 07-04-2020, 01:49 PM
Replies: 2,724
Views: 150,889
It's easy to remember: she was in the Senate.

It's easy to remember: she was in the Senate.
Forum: Non-Actuarial Personal Finance/Investing 07-03-2020, 02:55 PM
Replies: 124
Views: 15,282
Believe it or not, daily market moves of +/-3%...

Believe it or not, daily market moves of +/-3% are not uncommon. In the past twenty years this has happened on about 10% of the trading days. So, sitting out a month risks much more than just...
Forum: General Actuarial 07-02-2020, 09:09 AM
Replies: 33
Views: 2,531
If you needed to score over 90% in order to pass,...

If you needed to score over 90% in order to pass, this would be a pertinent comment ---- you don't. You should know that regulators don't want to have to clean-up an insolvent insurer and that...
Forum: General Actuarial 07-02-2020, 09:01 AM
Replies: 33
Views: 2,531
The syllabus changes over time, so maybe the...

The syllabus changes over time, so maybe the numbering has changed. I did not memorize the details of the twelve ratio formulae nor their required ranges, but look, it isn't hard.

Let's take the...
Forum: General Actuarial 06-30-2020, 09:36 PM
Replies: 33
Views: 2,531
You seem to take as a given that memorization is...

You seem to take as a given that memorization is being tested. Why do you think that? I never memorized anything, and I completed the CAS exams.
Forum: General Actuarial 06-21-2020, 05:11 PM
Replies: 2
Views: 394
How to value a credential

(I originally was going to post this in another thread, but then I remembered "Never wrestle with a pig, because if you do, you both get dirty and the pig enjoys it.")

A credential has values in...
Forum: General Actuarial 06-20-2020, 03:29 PM
Replies: 139
Views: 6,526
Here's a question for you: Can you reconcile...

Here's a question for you: Can you reconcile those figures?
Forum: Exam 6 US - Regulation and Financial Reporting 06-04-2020, 09:29 AM
Replies: 9
Views: 1,314
This is a self-serving, irresponsible, and untrue...

This is a self-serving, irresponsible, and untrue statement.
Forum: Non-Actuarial Personal Finance/Investing 06-02-2020, 09:22 AM
Replies: 98
Views: 9,856
So, you really are only "earning" 6/8 or so of...

So, you really are only "earning" 6/8 or so of the HSBC bonus and less than half of the North Shore bonus in 2020. :)
Forum: Non-Actuarial Personal Finance/Investing 05-29-2020, 09:12 PM
Replies: 12
Views: 888
Thumbs down The bid/ask spread would eat you alive over time,...

The bid/ask spread would eat you alive over time, but even if you could expect to trade on average at the mid, what are you gaining? Companies typically time announcements to occur while the market...
Forum: Non-Actuarial Personal Finance/Investing 05-29-2020, 12:10 PM
Replies: 12
Views: 888
Occasionally trading in a stock will be halted...

Occasionally trading in a stock will be halted during the day in anticipation of company news. The news is released and trading resumes. I'll make up an example:

Bid/Ask before halt: 10.0/10.1
...
Forum: Exam PA: Predictive Analytics 05-16-2020, 04:04 PM
Replies: 2
Views: 690
Those look like useful comments. Useless...

Those look like useful comments.

Useless comments are like the following:

Running_total += Next_term # add Next_term to Running_total
Forum: Chat with the Candidates & Exam Committee 04-25-2020, 07:22 PM
Replies: 88
Views: 19,291
APC is the ethics unit. Since you can't imagine...

APC is the ethics unit. Since you can't imagine its necessity, you now have evidence of its necessity.
Forum: Probability 04-24-2020, 02:01 PM
Replies: 5
Views: 774
Draw the axes, the circle, and the line. ...

Draw the axes, the circle, and the line.

These cut the region into a total of five pieces; presumably the region that you want is the lens shaped region. This is one quarter of the full circle...
Forum: Property - Casualty / General Insurance 04-18-2020, 12:06 PM
Replies: 5
Views: 848
One idea that comes to mind is to use an...

One idea that comes to mind is to use an iterative approach, somewhat akin to the old Bailey minimum bias method and the EM algorithm.

Select an initial value for the NCD. Replace the base...
Forum: Non-Actuarial Topics 04-12-2020, 10:49 AM
Replies: 26
Views: 1,184
That happens anytime the derivative of your...

That happens anytime the derivative of your function is not equal to one at the point in question.
Showing results 1 to 25 of 300

 

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