Sunday, September 26, 2004

Bringing Down The House: Stock Markets vs. The Common Man

Well, so we had an unofficial virtual-board-meeting this Friday, and everybody (well, except Gana who is in The Netherlands on a business visit) was present. Otherwise, the weekend has been fairly uneventful except for the fact that I purchased two seemingly unrelated books - "Bringing The House Down: The Inside Story of Six MIT Students Who Took Vegas for Millions" by Ben Mezrich and "A Mathematician Plays the Stock Market" by John Allen Paulos.

But why? Hmm, it's all for a good reason, I assure you. The former was inspirational while the latter was educational. For the past couple of months, we've been working on a new tool to help statistically determine the way the Stock Market will behave, using complex probabilistic, statistical and machine learning techniques. All the buzzwords that you've heard about are in there -- Bayesian Classifiers, Markov Chains, Neural Networks, Q-Learning, Clustering and blah blah blah. Ofcourse, we do not make such outrageous claims that we know-it-all or can predict-it-all -- if anybody does make such claims (even if they are John Nash or Adam Smith), you shouldn't believe them. But what we can do is offer you tips and suggestions, and probabilities on what's good and what's not. And a lot more. Hold your breaths -- we'll soon let you know what it's all about!