(Un)Calculated Risk | by Peter Orr of Intuitive Analytics

VIDEO - Optimization in Muni Bond Sizing

Posted by Peter Orr on Mar 15, 2013

"Computer programming is an art, because it applies accumulated knowledge to the world, because it requires skill and ingenuity, and especially because it produces objects of beauty. A programmer who subconsciously views himself as an artist will enjoy what he does and will do it better."  Donald Knuth

This video builds on the overwhelming popularity of our first video on using linear algebra to structure bond deals in public finance and lays out a technique for applying a basic optimzation algorithm to simultaneously size and amortize a $100 million municipal bond deal, from 10 years out to 3,000 (just for fun). 

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VIDEO: Linear Algebra of Public Finance Debt Sizing

Posted by Peter Orr on Mar 13, 2013

"If people do not believe that mathematics is simple, it is only because they do not realize how complicated life is."  - John Louis von Neumann 

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