An Email Test for the Peter Principle

The Peter Principle states that in most hierarchical organisations, there is a natural tendency for employees to rise in the management hierarchy through promotion until they reach the levels of their respective incompetence. This is a statistical statement about people in an organisation, and there are cultural and management practices that can be put in place to … More An Email Test for the Peter Principle

A Note on Problem Solving for Young Researchers

Many beginning researchers find it hard to cope with the sheer amount of reading they have to do to come up to speed in a certain technical field, and the issue is often compounded by the “lacking the prerequisites to the read the prerequisites” problem due to inadequate mathematical training at the undergraduate level. Here’s … More A Note on Problem Solving for Young Researchers

Robert Kuok’s Trading Algorithm from 1963

I am reading Robert Kuok’s autobiography and these two paragraphs from the chapter Vintage 1963 jumped out at me. “Success in futures depends on your feel for the market, your instincts and rhythm. I would talk to different brokers. Each company had bright, young English traders. One or two would be a little cunning, but, … More Robert Kuok’s Trading Algorithm from 1963

Ariely’s Mental Model on Dishonesty

Dan Ariely is always worth reading and I picked up The (Honest) Truth About Dishonesty over the Christmas break and it did not disappoint. The key findings of Ariely’s work in this area are summarised in the following diagram, which lists some of the factors and forces that are shown through experimental studies to shape dishonesty, both … More Ariely’s Mental Model on Dishonesty