Let’s say you have 50 people in your classroom and ask all of them one by one if they like chocolate or not. 40 people said yes, so 40/50 = 80% of people like chocolate, and 20% don’t. What about the whole college campus, which has a total of 20,000...
Inferential statistics is a powerful tool that can be used in finance to make predictions about future market trends and identify potential investment opportunities. One key technique in inferential statistics is machine learning, which uses mathematical algorithms to...
Are you sure? Aaah. Dealing with uncertainty. Risk-management. That complicated jargon that only actuaries deal with. Here let’s keep it simple. Question: “A risk-averse individual is offered a choice between a gamble that pays $1,000 with a probability...
The acquisition process goes through 3 main steps: A thorough study of the financials of the companies we are interested in. The analysts filter the best ones. The group further studies the company and assesses its valuation. The valuation process goes through several...
The Multiplier Effect, MPC and MPS Let’s say I give you $1,000. This is 100%. Out of this $1,000 you save 20% and use the remaining to buy stuff. This means that the Marginal Propensity to Save is 20%, or $200, and the Marginal Propensity to Consume is 80% or...
Is the Trade Deficit a Problem or Not? The US is the prime Economy of the world. It seems odd at face value that they would be one of the largest debtor nations in the world. In this article, we will go through this so we can get to some conclusions. So what is a...
Track-Record: Working as a consultant since 2004 Sold first company in 2015 Joined the insurance sector in 2017
Current Focus and 2022 Objectives: Candidate to the MDRT €2.0M in Life Insurance Applications 104 Golden Visa Applications 208 SIFIDE II - Tax Applications €100M in Industrial/Commercial Real Estate Transactions
