What happens with actuaries when the lights go out? Between the Spreadsheets exposes the hidden secrets of the actuarial profession through satirical articles and thought provoking pieces. Ideas expressed in this blog are my own. They do not represent any company or organization.
Sunday, November 20, 2022
Book Review: The Ultimate Actuarial Joke Book and Best Tweets From Actuarial Problem Dog by John Lee
Tuesday, August 2, 2022
Book Review: Do Good Better by William MacAskill
I didn't realize that donating to charity could be an actuarial exercise! Yet after reading Doing Good Better by William Macaskill, I've realized yet another application of this skill set.
Wednesday, April 27, 2022
Book Review: The Righteous Mind by Jonathan Haidt
The Righteous Mind is a book about morals. At first glance, morality may belong to the realm of philosophers and theologians, but not actuaries. Indeed, it may be hard to find a discourse on the greater good in a statistics text book. Yet, there are three reasons I think actuaries will find this book appealing:
- Much of what actuaries are concerned with involves predicting human behavior. Perhaps understanding someone's moral framework can yield insights about their risk taking behavior or why they'd even consider buying insurance (or cheating the insurer).
- The book provides mathematical framework for morality. The author introduces the Morality Matrix, which should get the actuarial taste buds salivating. Haidt expands left/right orientations into a deeper palate of dimension. For actuaries who enjoy component based studies, this will be a welcome analysis.
- Actuaries are humans, too. This book offers a look in the mirror, an opportunity to "know thyself" a little bit better, and also sheds some light on your fellow human beings.
Sunday, September 13, 2020
Book Review: Winning Conditions by Christine Hofbeck
I remember my initial reaction when I heard that there was going to be an actuary on Survivor.
"She'll probably win." I said, without hesitating.
And I remember the stunned look of my coworker, who was struggling to imagine the cube dwelling nerds she knew trying to endure the rigor of a survival based game.
I had no idea who Christine was. And perhaps I was a bit overconfident and biased about the skills of my fellow actuaries. Although, I think my gut reaction was well founded.
- Many actuaries make a career out of working with life and death statistics, and all of us studied survival curves along the way, so the subject is in our blood.
- I had played poker (and another elaborate card game that was different each time you play) against other actuaries, and had witnessed the shrewdness with which they play.
- The fact that the TV show thought she'd be worth being on camera signaled to me that she probably had some moxie.
- I knew she'd be the underdog, which would give her an competitive edge. She'd be out to prove something and the other competitors would underestimate her.
Monday, April 6, 2020
Book Review: Being Wrong - Adventures in the Margin of Error by Kathryn Shulz
A while back I put out a piece on the blog that looked at occupations where being wrong is part of the job description.
And more recently I won an essay contest by explaining that I am an Idiot.
I love stories of the hapless fool - the Don Quixote's and Confederacy of Dunces of the world.
I picked up this book from a really good article series "Studying Studies" by a smart dude named Peter Attia. I may keep working through his reading list.
If you're the kind of person who loves droning about the nature of the universe at your favorite craft brewery, I know I am, this book is for you.
Saturday, July 13, 2019
Book Review: Scythe Series by Neal Shusterman
We’ve conquered death! Awesome! Well more accurately , we developed nearly omniscient Artificial Intelligence (the Thunderhead) that solved all our problems. The answer wasn’t 42 after all.
However, a world with no death faces two challenges.
1. Death (and avoiding it) is a motivating factor to live well.
2. The planet can only handle so many people.
To counter these issues, the creators of the Thunderhead established a league of special individuals that are exempt from monitoring by the Thunderhead. Known as the Scythdom, these people have a singular mandate - the administration of mortality.