Wednesday, November 26, 2008

Old But Good



for those of you unfamiliar with Charlie the Unicorn... enjoy

BRUCE LEE PING PONG - AWESOME (Commercial)



Thanks to David P. for hooking me up with this totally sweet video of Bruce Lee playing ping pong with nunchucks and spin kicks.... OMFG ROFL AWESOME!
EPIC VIDEO EDITING NOKIA! =) I believe this is a commercial... but still sweet!

Tuesday, November 25, 2008

Taleb gets Angry HAHA





SUPER ROFL! The ending statements in the following videoon Hedge Funds crack me up.. lol what happens if the dudes borrowing money can't pay back the guys who lent them money.. then what happens if those dudes who len't the original guys money can't pay back the other dudes they owe money to? OH NOES! sounds a little too similar today...

Grocery Store EPIC


So I was walking around the grocery store last night and this thought just popped into my head... you know when you say.. go to the grocery store to pick up toilet paper... and your walking down the aisles with this giant package of soft paper goodness?... its just funny because I wonder if the first thought that pops into other people's heads when they see this particular juxtaposition of person and giant bundle of toilet paper is ... "I SOOO TOTALLY KNOW WHAT YOUR GOING TO DO WITH THAT!" I mean probably not... but this kind of lines up with other hilarious items that you buy... such as the time I was in Chicago with my friends... and apparently someone rendered my friend Kyle's restroom... under construction... well considering I was sleeping on his coffee table and there were about 6 people in his apartment... we brave souls... did the appropriate thing... we woke up.... and waited outside Walgreens at like 7 am (this was not a 24-7 Walgreens)... then when those pearly gates finally opened we ran into to find the weapon of choice... your garden variety plunger... and in retrospect... this feeling of... LOL 'I KNOW WHAT YOU ARE USING THAT FOR' definitely came into play... I mean you have a bunch of people rushing into Walgreens on a Sunday morning in downtown chicago at 7am.... only to ring up a solitary item.... so next time you buy something hilarious.. think of this and laugh to yourself... i think the clerks must see truly interesting combinations of purchase items... that would make you die laughing...... =p

Saturday, November 22, 2008

EPIC SCULPTING



So my friend Tim G. sent this to me and it totally made my day! Apparently This dude can sculpt art that fits in the eye of a needle... using hand tools... Check it out... it is truly epic indeed....

Happy Friday

Wednesday, November 19, 2008

SYNERGY.. LOL



So I was eating dinner at PF Changs with my peeps, when I looked up and saw this epic sight... LOL This is what they mean by Synergy... LOL... a diamond engagement ring shop with a bridal store upstairs... LOL

UPDATE:
My friend Eugene thinks there should be a Divorce Attorney on the 3rd floor. ROFL

Tuesday, November 18, 2008

FAIL - New T-Shirt Design


New FAIL T-Shirt at my CafePress.com store

Ok so this is only going to be mildly amusing to 0.01% of you but I thought I'd share... epic fail to mean-variance analysis...

Speaking of epic fail... i dug this up circa 1997... it is from fool.com. They were reflecting on the 1987 EPIC fail.... and waxing poetic on why it happened... I almost LOL'd when I read the opening text... it goes a little something like this....

The concept of portfolio insurance, indeed the name itself, reflects the ardent wishes of its creators for a utopian investment vehicle capable of minimizing the pain of investment loss. The idea was simple, all one would have to do was pay something akin to an insurance “premium,” and investment downside could be forever limited. Unfortunately, as so often occurs in the realm of human affairs, reality served an unwilling partner.

This sounds suspiciously like 'credit default swap' derivatives... the kind that helped cause the epic fails we have seen lately... Check out the actual FOOL.com article from 1997... here

On a similar thought... I was reading this paper by Fischer Black (of Black Scholes Merton fame...) entitled 'How to use the holes in Black Scholes'. It is worth checking out if you are interested in this business... he goes over 10 of the unrealistic assumptions which the model is based on. What is interesting is that even when you increase the precision of these unrealistic assumptions... the model only marginally improves... The other interesting thing he talks about is that 'portfolio insurance' is also fragile to these assumptions. Specifically... he says..."The same unrealistic assumptions that led to the Black-Scholes formula are behind some versions of 'portfolio insurance.'"He defines portfolio insurance as any strategy where you sell as the price drops and buy as the price rises... this is markedly different from the value approach or... buy low sell high. What is interesting though is his statement that "... Because of mean reversion, the market rise during 1987 caused a sharper-than-usual fall in expected return. But investors didn't see this at first. They continued to buy, as their portfolio insurance strategies suggested. Eventually, though, they came to understand the effects of portolio insurance on mean reversion, partly by observing the large orders that price changes brought into the market. Around October 19, the full truth of what was happening hit investors. They saw that at existing levels of the market, the expected return was much lower than they had assumed. They sold at those levels. The market fell, and expected return rose, until equilibrium was restored." One wonders if a similar pattern will emerge in another 10 years... we seem to be on a steady crash cycle of 10 years... 1987, 1997 (Long Term Capital Management), 2008.... I believe that heavy chain dependancies based on modeling had some part to play in all of these events... I guess this just teaches us that our highly developed GUT instinct isn't so obsolete after all... I think that if you see something that looks funny... it won't hurt that much to poke it a bit...

UPDATE:
Found this paper on the origins of Portolio Hedging from the CALTECH website
The paper is entitled The Evolution of Portfolio Insurance by Leland and Rubinstein
Caltech Course page.
Here is the link to the actual pdf

100 kW Solid State Lasers Like Whoa!


Apparently Northrup Grummen is ready to bring their 100 kW solid state laser to market. The current ones in use are mainly COIL style chemical lasers. Check it out here I can't wait to see someone buy one of these and power it a solar panel... Being GREEN indeed.... LOL
I originally saw this a few days ago on Slashdot.org

Sunday, November 16, 2008

Interesting Concept


DOCUMENTATION (PHOTOGRAPHER CREDIT: JOHN MICHAEL KOHLER ART CENTER)
From StephanieLiner.com


DOCUMENTATION (PHOTOGRAPHER CREDIT: JOHN MICHAEL KOHLER ART CENTER)
From StephanieLiner.com


DOCUMENTATION (PHOTOGRAPHER CREDIT: JOHN MICHAEL KOHLER ART CENTER)
From StephanieLiner.com


Check this out, so I got back in touch with an old friend, Stephanie Liner and I was checking out her art portolio. I came across these interesting bits =) My favorite is the kid looking into the back of the girls skirt LOL. Check her portofolio out here

Saturday, November 15, 2008

WHITE HOUSE SHOCKER PORTRAIT


$700 Billion Bailout SHOCKER PORTRAIT
(YES THEY ARE THROWING UP THE SHOCKER)
It really is from the whitehouse.gov website.....LOL http://www.whitehouse.gov/news/releases/2008/11/images/20081112_d-0077-5-515h.jpg LOL someone is either an awesome trickster... or those people are just awesome... LOL

originally seen on BoingBoing.net

Here is the actual press release... LOL

My friend Jamie S sent me this info... which explains this a bit.. but makes it even more awesome because thats even more devious/hilarious mischief... The dealio on the 'pitch fork'

While the “Hook ‘em Horns” hand signal is a part of University of Texas lore, ASU has its own version: the “Pitchfork.” The pitchfork is formed by extending the pointer, middle and pinky and pinning the ring finger with the thumb mimicking the pitchfork of ASU’s mascot, Sparky. While the origin of the hand symbol is murky, it has become a universal symbol for Sun Devil fans

Even given this it tidbit of information... I still like the idea of GW throwing up the shocker.... I expect nothing less from the hilariously mischievous school we call ASU, For example, their Student Body Vice president had a pr0n scandal...

THE REAL EYE OF SAURON!























Damn Hobbits! So one of our tech fellows came by my desk today and told me about this new planet they found... well my first reaction was... omg... SAURON... what do you think? here is the NASA Picture of the DAY

Friday, November 14, 2008

Mortal Kombat + The Mack + The Mac = Baraka Wins... ULTIMATE PRODUCT PLACEMENT













PLUS..........






















EQUALS

So apparently Mr. Obama uses a Mac... this picture just cracks me up... can we say GRAND ULTIMATE PRODUCT PLACEMENT for the guys over at apple? The 411 can be found here at BoingBoing.net Enjoy.

Obama may choose DANZIG!


See now I know Obama totally rocks... he apparently is leaning towards Richard Danzig for Secretary of Defense... that is close enough to DANZIG for me =) Rock on....
(I originally saw this on fark.com this morning.)

Thursday, November 13, 2008

SPEEDO WEDDING CRASHER























So I was at my friends' wedding in Riviera Maya, Mexico this past weekend... and we saw this creepy gem... during the wedding this random dude in a speedo armed with a camcorder snuck up to the alter and started filming, we finally got rid of him... but this shot pretty much sums it up.... the next step is to go through flickr wedding albums from Cancun to see if this dude shows up in other wedding photos.... I mean seriously.... If you have seen this guy before... or he snuck up like a ninja at your beach wedding leave a comment.... =)

Wednesday, November 12, 2008

Ultimate C-Block


Watch this video... the pure comedy gold comes at the END of the video......
Brian Williams throws down a massive C-Combo breaker....
Just watch the girl on the left's reaction....
Hate the game not the player.... LOL
Thanks to David P for this find

Thursday, November 6, 2008

C-C-C-COMBO BREAKER!


I originally saw the basic picture for this in an email from my friend Brett.. then later my friend Cassidy sent me a link to this Captioned version....

Big ups to the original artist, and big ups to the guy/girl who made me laugh even harder with the Killer Instinct reference...

Enjoy...

BACON WINS.. FLAWLESS VICTORY!!


In the rough and tumble world of elections... an epic battle has emerged that would tip the fate of mankind.... and perhaps.. the Universe.....

THE MOST EPIC ELECTION BATTLE OF OUR TIME
BACON VS FRIES........


Thanks to David P for sending the original 9news.com link.

Saturday, November 1, 2008

VIX vs S&P 500 & LTCM


They don't call the VIX the fear factor for nothing =)
This graphic is from Indexindicators.com

Notice the symmetry... so one might dare guess that when the VIX is nice (read: low relatively speaking) and quiet... that it may be the calm before the storm, something is about to blow up.... a theoretically good strategy may be to put all your $$$ into Treasury Bills.... then when the VIX spikes in another 10 years because of some massive kick in the face.. take your super low risk loot and buy the hell out of some solid companies.. Warren Buffet style (buying solid stuff at a deep discount.)

For recent kicks in the face, think... the 1987 crash, the Dot Com Crisis, and then later the almost catastrophic LTCM fiasco.

Rough Summary of the wiki link.

LTCM was basically a hedge fund that had a position of $1.25 TRILLION (notional value) in derivatives... Board of Director members include Myron Scholes and Robert Merton... of Black-Scholes-Merton option pricing Nobel Prize fame. It got totally pwn3d when Russia decided to say F@#$ YOU to everyone and default on their Government Bonds (this was circa 1998)...... LTCM was particularly exposed to this type of event. Since the % gained from its technique was relatively low.. they required massive leverage near the range of 25 to 30 to 1. These events resulted in LTCM losing $4.6 Billion in less than four months...

BTW the LTCM crisis may look familiar because it appears that it set a precedent for bailing out financial institutions... The Federal Reserve Bank of New York organized a $3.625 billion bailout (by other institutions) to avoid a wider collapse... some think that this opened Pandora's box for future dependancy on the idea that the Federal Reserve would have your BACK when you got punched in the face...


For more about 'When Genius Failed'.. check this out.

I love the internet part 3 or... Japanese Zoo Escaped Rhino Drill

I saw this on boingboing.net and this confirms my long held suspicion that the interwebs is totally awesome.... check it
Apparently this is a drill the zoo has to practice crazy ass situations.. I seem to remember something like this with a guy in a Gorilla suit as well....

EVEN MORE LOLZ - OBAMA and Palin Team up!



Thanks Cassidy for finding this... the peeps at PS3 are covering this hillarity... on Mercenaries 2... check it out