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| | Victor Niederhoffer and Laurel Kenner: Daily Speculations (Site not responding. Last check: 2007-10-15) |
 | | Whatever I think of Victor Niederhoffer's ideas, opinions, or inferential methods, I consider him as the antithesis of the "me-too middlebrow" or the unimaginative formulaic "minor quant" (my new name for this class of persons, borrowed from Nietszsche, is Bilgunsphilister, educated philistine). |
 | | For the social system as such, goal-orientation concerns, therefore, not commitment to the values of the society, but motivation to contribute what is necessary for the functioning of the system. |
 | | In the striving for predictive value of any exercise one could choose to embed a simple test for non-randomness on the ratio of the two values of risk and return as measured in the method above. |
| www.dailyspeculations.com (15570 words) |
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