Friday, May 17, 2013

Actuary Accidentally Invents Time Travel

“In trying to change code to add efficiency to a stochastic on stochastic model process, a local actuary stumbled across a way to bend the space time continuum.

“I was working on calibrating the model, and suddenly I had results.  I thought it way too fast.  So I did it again, and not only did I have another set of results, but now it was the middle of the night.”

Unfortunately, this new feature isn’t very helpful in running models.  Even though the actuary knows exactly what will happen in the future, she cannot change past decisions without creating new parallel universes. ( If that is a little tough to follow, watch Back to The Future, it explains everything.)