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Recent Posts
- Reinhart and Rogoff story shows how important it is to check your indicators
- Top ten reasons for reading misLeading Indicators: How to Reliably Measure your Business
- How Western Electric rules mislead in statistical process control
- The Department of Justice will have a tough time proving that Standard and Poors “inflated” its bond ratings.
- The bond trader’s fallacy
- Lance Armstrong doping case and bond defaults show challenges of probabilistic reasoning
- The Curse of Kelvin
- Core earnings: Is new metric misleading?
- Core earnings don’t get to the heart of profitability
- The biggest storm? That’s hot air.
Recent Comments
- Julia on What business can learn from government statisticians
- BI in Barcelona, Scary Big Data, Cool 3D Analytics and More on Lance Armstrong doping case and bond defaults show challenges of probabilistic reasoning
- BI in Barcelona, Scary Big Data, Cool 3D Analytics and More | Business Analytics on Lance Armstrong doping case and bond defaults show challenges of probabilistic reasoning
- Phil Green on Lance Armstrong doping case and bond defaults show challenges of probabilistic reasoning
- Timo Elliott on Lance Armstrong doping case and bond defaults show challenges of probabilistic reasoning
Investors beware: mining resource estimation methods give inconsistent results
After the Bre-X scandal in 1996, when fake measurements of gold wiped out billions of dollars in shareholder value of the Canadian mining company, the mining industry developed new standards for measuring mineral resources. While they are a vast improvement, the words and methods the industry uses to describe resources still leave room for the [...]
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