Aug
5
Giants, from Victor Niederhoffer
August 5, 2011 |
What giants these men of the 1920s were. Harold Thayer Davis, who wrote The Analysis of Economic Time Series , Herbert E. Jones who quantified the distribution of runs in [stock markets and] weather, and [Louis] Besson in The Monthly Weather Review and Cowles himself, who would probably shudder that Shiller holds a chair at his namesake foundation .
Alex Castaldo adds:
The famous 1937 Cowles and Jones paper "Some A Posteriori Probabilities in Stock Market Action" is available online.
The Besson paper "On the Comparison of Meteorological Data with Results of Chance" apparently is not.
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