RSelenium For Mac: Update

RSelenium For Mac: Update

Web-scraping within the R environment on a Mac has changed since I last discussed it. Here’s an update on RSelenium for Mac introducing Docker as a simple way to run Selenium 3 and the necessary Gekko and Chrome drivers.

Taleb: Statistics and Risk Two Different Businesses

Taleb: Statistics and Risk Two Different Businesses

In the risk business one is not so much concerned with the probability of loss as the expected size of the loss. We explore this idea for various probability distributions by looking at the expected loss given that the loss exceeds a certain threshold. We see for fat tails that the expected loss exceeds the threshold itself.