James Simons, he of the Chern-Simons form, and also, of late, from the hedge fund Renaissance Technologies Corporation, is retiring. The infamous Medallion fund was up last year, apparently, only a mere 80 percent.
Quite a feat, turning
into
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There's a lot of buzz in physics blogdom about the Strings 07 meeting, which starts today in Spain. They currently have a list of speakers, and promise slides and video to come.
Also, there's a new paper by Edward Witten on the arxiv, cue sound of heavenly choirs:
We consider the problem of…
When sky's fall, apparently they do not fall equally everywhere (contrary to popular theory.) A partial is of those who've held up the sky (and even pushed higher) in this New York Times article:Bernard V. Drury is a rarity on Wall Street: a hedge fund manager who is making money rather than…
Apparently, it's "economics of higher education" day here at Uncertain Principles. This time out, we have Steve Hsu on Larry Summers.
(Update: I should also link to this post by Brad DeLong discussing the same article, with good stuff in the comments. And while I'm bashing free-market advocates,…
... or, at least, in this one case, he's on the right track. Although the editors at the journal Nature don't think so. In fact, they tear a strip off the guy in last week's editorial, and I'm not really sure why.
Here's the Romney quote that ignited Nature's ire:
"We spend $30 billion a year in…
Mmm, cookies for Harvard faculty, again?
Step 1: Find a 3-form which when taken as the Lagrangian of a quantum gauge field leads to a generating functional that is a manifold invariant.
Step 2: ???
Step 3: Profit!
Geez folks ... apply Bayesian logic for heavens sake ... the probability is overwhelmingly high that most of the money to be made from algebraic geometry has not yet been made.
Exercise: work out how it will be made. :)