In February 2014, London’s Underground was partially shut down by a strike that forced many commuters to find new ways to get to work. The disruption lasted just 48 hours, but when three economists (Shaun Larcom, Ferdinand Rauch and Tim […]
What a difference a couple of weeks makes. In mid-December, I asked a collection of wise guests on my BBC radio programme How to Vaccinate the World about the importance of second doses. At that stage, Scott Gottlieb, former head of […]
Here’s a holiday quiz question for you: what do puzzles, poker, and misinformation have in common? The answer is at the bottom of this column. Let’s try an easier question first. In Santa’s workshop, if it takes five elves five […]
Tom Kelley is a sensitive soul. Shortly after sending the manuscript of his first book, The Art of Innovation, to his publisher, he visited Kepler’s, his local bookshop in Menlo Park in Silicon Valley. “I literally started to cry,” he confessed […]
One consequence of working from home is that mistakes are made. People miss messages; spinning plates fall to the ground; the falcon cannot hear the falconer; a New Yorker journalist broadcasts his genitals to everyone else on a Zoom call. […]
Pinkies up, folks. The best bars in Beverly Hills are glitzy, glamorous and—let’s be honest—probably in a hotel. Welcome to the 90210, a neighborhood where steakhouses and swanky Italian restaurants abound. But cocktail bars? They’re few and far between. If you’re looking for a great […]
That isn’t your Postmates delivery at the door—it’s a towering rabbit with a mustache and a boombox and paisley ears, and it’s here to sing you a song. One person’s singing telegram is another’s nightmare fuel, or some combination thereof this […]
Finance is an industry with long hours, where unexpected termination is rife. To survive, most people abide by the moto: work hard, party hard (and sometimes harder). Junior bankers in particular have mastered the art. I’ve seen people who’ve had very little sleep during […]
Si vous aspirez à travailler pour Goldman Sachs, ne vous attendez pas nécessairement à porter un costume. Aujourd’hui, vous y croiserez davantage de banquiers portant un pantalon en coton plutôt qu’une paire de mocassins Ferragamo et des chemises avec leurs initiales brodées sur les manches. Ainsi, seulement […]
1- Mangez un petit-déjeuner israélien Commencez votre journée à Tel-Aviv par un petit-déjeuner chez Manta Ray, à deux pas de la mer. Les locaux viennent ici pour l’incroyable mezzé fait maison, qui se compose d’une sélection de salades israéliennes. Mais aussi pour […]
Goldman Sachs a fini par céder. De nombreux articles font état des augmentations de salaire de la banque en faveur de ses juniors, dans le sillage de celles intervenues dans les autres banques au cours des derniers mois. Comme le […]
If you’re an algorithmic trader, and you’re interested in breaking out of algo trading and working for, say, Amazon or Facebook, Jason Tatton appears to have the answer: you just need to invent your own coding language. Tatton is the ex-JPMorgan […]
Do you want to work for the Big Four, or do you want to work for an investment bank? Goldman Sachs only hires 3% of all applicants. So does Morgan Stanley. All the Big Four accounting firms only let a […]
A new study* confirms that has long been suspected: men in banking are disproportionately promoted because they hang around with other more senior men in social spaces. Undertaken by Zoë B. Cullen and Ricardo Perez-Trugli at Harvard Business School and the […]
Maintenant que Paris est devenu le lieu de prédilection du secteur bancaire, rappelons tout de même qu’il n’est pas nécessaire d’y travailler pour Goldman Sachs ou JPMorgan, qui augmentent leurs effectifs dans la capitale. Il y a toujours Citadel et […]
In 2020, 58.3% of global cancer deaths occurred in Asia and by 2025 cases in India are expected to rise by 12% to 1.56 million. In response, the Centre for Fourth Industrial Revolution of the World Economic Forum India has […]
Beaucoup de personnes se méfient de l’intelligence artificielle. Elles ne comprennent pas comment les ordinateurs peuvent apprendre et prendre des décisions intelligentes. Pourtant, les principes fondamentaux de l’IA sont à la portée de tous. Le Machine learning (apprentissage automatique) et […]
There is no doubt that machine learning models have taken the world by storm in recent decades. Their ability to identify patterns and generate predictions that far exceed any other form of statistical technique is truly remarkable and hard to […]
Generalized Linear Models (GLMs) are one of the most widely used inferential modeling techniques. Their simplicity makes them easy to interpret, so when communicating causal inference to stakeholders they’re a very effective tool. Elastic net regularization, a widely used regularization […]
So, you’ve got yourself a summer internship in an investment banking division (IBD)? Congratulations, but remember- you haven’t actually got the job yet. It’s not unheard of for banks to hand out only 1-3 offers for every 10 summer internship […]
