You are asked for your credit score for mortgage. But did you know that insurance companies too use your FICO score to create an Insurance score that decides your premium. wine companies are able to employ analytics.
If analytics can be used to predict risk, may be regulators should ha used it to see the 2008 financial crisis. In how wall streets quants lied to their computers, the author describes how the risk was averaged over years. But we know how nothing lasts as long as before. Generation gap. Dollar mileage. Why should risk immunity?
And how about some analytics in personal finance. Wait, that annual tax forms is the only reason for any look at the finances at all.
If analytics can be used to predict risk, may be regulators should ha used it to see the 2008 financial crisis. In how wall streets quants lied to their computers, the author describes how the risk was averaged over years. But we know how nothing lasts as long as before. Generation gap. Dollar mileage. Why should risk immunity?
And how about some analytics in personal finance. Wait, that annual tax forms is the only reason for any look at the finances at all.
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