The theory of disruption is meant to be predictive. On March 10, 2000, Christensen [author of The Innovator’s Dilemma] launched a $3.8-million Disruptive Growth Fund, which he managed with Neil Eisner, a broker in St. Louis. Christensen drew on his theory to select stocks. Less than a year later, the fund was quietly liquidated: during a stretch of time when the Nasdaq lost fifty per cent...
Finally, big data that is not bullshit
Peter Thiel on big data
How to get into an Ivy League College guaranteed
Former hedge fund analyst uses data on student admissions to craft contracts guaranteeing admission into certain types of schools, proving yet once again that quants rule the world. Note the somewhat hysterical comments by admissions personnel, who refuse to admit that he can find generalities in his data about their behavior.
Is big data big bull****?
I like this definition of big data: