Image via Wikipedia Risks are magnified after a historically volatile event like Thursday. The 11.3% intraday move was a 10 sigma event (if you treat the daily range of SPY as a normal Gaussian distribution). Per the excellent blog at http://www.aleph.se/andart/archives/2009/09/ten_sigma_numerics_and_finance.html, a 10 sigma event can be expected to occur in 1x 10^23 days or […]
Tag: Six Sigma
complexity in the curriculum
Image via Wikipedia The college in-briefed the new Commander yesterday; From the dialogue emerged his 4 priorities: FYSA. LD&E executed its orientation briefing to LTG Caslen yesterday, and one slide briefly illustrated the following as the CG’s top four priorities: 1. Leader Development (sub-bullets below are not all-inclusive) – Develop and implement ILE 2010 – […]
A reflection on educating Army officers in force management
Image via Wikipedia The college in-briefed the new Commander yesterday; From the dialogue emerged his 4 priorities 1. Leader Development (sub-bullets below are not all-inclusive) – Develop and implement ILE 2010 – Identify ILE and captains career course backlog issues related to ARFORGEN 2. Mission Command Center of Excellence (We emphasized LD&E’s contribution of manpower […]