Hossam HamdyInflation(short story)Inflation is a tricky beast. Seemingly out of nowhere, prices start creeping up across the board. Your dollar doesn’t stretch as far as it…Oct 9, 2023Oct 9, 2023
Hossam HamdySt. Petersburg Paradox — The Infinite Money GameConsider a hypothetical game where a fair coin is flipped repeatedly until it comes up heads.Sep 20, 2023Sep 20, 2023
Hossam HamdyBirthday Paradox: The Risk of Coincidental Alignment with Random Patterns in Financial Strategy…Backtesting financial strategies is a critical component of quantitative trading. It involves simulating a trading strategy using…Sep 19, 2023Sep 19, 2023
Hossam HamdyBirthday Paradox: Test your randomization!The Birthday Paradox is not just a quirky fact about probabilities, it has some very practical applications as well, one of them being a…Sep 14, 2023Sep 14, 2023
Hossam HamdyCausal Inference(1): The Essence of CausalityHave you ever wondered why certain events occur or how one action leads to another? The concept of causality has intrigued humans for…Jul 9, 2023Jul 9, 2023
Hossam HamdyJensen’s Inequality (2): Unlocking Optimization and Decision-Making PowerDon’t put all your eggs in one basket.Jul 8, 20232Jul 8, 20232
Hossam HamdyOptimization Algorithms, Gradient Descent (1): IntroductionIn this article, we will delve into the fascinating world of Gradient Descent. Imagine you’re on a mountain, and it’s completely dark. You…Jul 8, 2023Jul 8, 2023
Hossam HamdyBellman Equation(2): The Convergence Property of the Bellman EquationWhat makes dynamic programming algorithms like the Bellman equation actually work? What mathematical property ensures that these algorithms…Jul 5, 2023Jul 5, 2023
Hossam HamdyBellman Equation (1): Understanding the Recursive Nature of the Bellman Equation in MathematicsHave you ever wondered how we can solve complex problems by breaking them down into simpler subproblems? This idea of recursion, where a…Jul 4, 2023Jul 4, 2023