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Nelson Saiers
Nelson Saiers is an American mathematical artist and former hedge fund manager. Before 2014, he worked in finance as a Managing Director at Deutsche Bank AG and as the chief investment officer at Saiers Capital, LLC (formerly Alphabet Management, LLC). In 2014, Saiers left finance to create mathematics-based art. Early life and education Nelson Saiers was born in Denver, Colorado. He spent the first five years of his life in Ethiopia and Afghanistan while his father worked for the United States Agency for International Development. At the age of one, Saiers was held at gunpoint in Ethiopia while passing through a security checkpoint in the aftermath of the overthrow of Haile Selassie. Saiers lived in Afghanistan during the Saur Revolution. Saiers' family relocated to Swaziland and Ghana before eventually moving to Virginia. In 1997, Saiers graduated from the University of Virginia. In 1998, he received a Ph.D. in mathematics from the University of Virginia at the age of 23. His ...
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Denver
Denver ( ) is a List of municipalities in Colorado#Consolidated city and county, consolidated city and county, the List of capitals in the United States, capital and List of municipalities in Colorado, most populous city of the U.S. state of Colorado. It is located in the Western United States, in the South Platte River, South Platte River Valley on the western edge of the High Plains (United States), High Plains east of the Front Range of the Rocky Mountains. With a population of 715,522 as of the 2020 United States census, 2020 census, a 19.22% increase since 2010 United States census, 2010, Denver is the List of United States cities by population, 19th most populous city in the United States and the fifth most populous state capital. Denver is the principal city of the Denver metropolitan area, Denver Metropolitan area (which includes over 3 million people), as well as the economic and cultural center of the broader Front Range Urban Corridor, Front Range, home to more than ...
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Proprietary Trading
Proprietary trading (also known as prop trading) occurs when a trader trades stocks, bonds, currencies, commodities, their derivatives, or other financial instruments with the firm's own money (instead of using customer funds) to make a profit for itself. Proprietary traders may use a variety of strategies such as index arbitrage, statistical arbitrage, merger arbitrage, fundamental analysis, volatility arbitrage, or global macro trading, much like a hedge fund. Famous traders Trader Nick Leeson took down Barings Bank with unauthorized proprietary positions. UBS trader Kweku Adoboli lost $2.3 billion of the bank's money and was convicted for his actions. Armin S, a German private trader, sued BNP Paribas for 152m EUR because they sold to him structured product A structured product, also known as a market-linked investment, is a pre-packaged structured finance investment strategy based on a single security, a basket of securities, options, indices, commoditie ...
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Rational Number
In mathematics, a rational number is a number that can be expressed as the quotient or fraction of two integers, a numerator and a non-zero denominator . For example, is a rational number, as is every integer (for example, The set of all rational numbers is often referred to as "the rationals", and is closed under addition, subtraction, multiplication, and division by a nonzero rational number. It is a field under these operations and therefore also called the field of rationals or the field of rational numbers. It is usually denoted by boldface , or blackboard bold A rational number is a real number. The real numbers that are rational are those whose decimal expansion either terminates after a finite number of digits (example: ), or eventually begins to repeat the same finite sequence of digits over and over (example: ). This statement is true not only in base 10, but also in every other integer base, such as the binary and hexadecimal ones (see ). A real n ...
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Irrational Number
In mathematics, the irrational numbers are all the real numbers that are not rational numbers. That is, irrational numbers cannot be expressed as the ratio of two integers. When the ratio of lengths of two line segments is an irrational number, the line segments are also described as being '' incommensurable'', meaning that they share no "measure" in common, that is, there is no length ("the measure"), no matter how short, that could be used to express the lengths of both of the two given segments as integer multiples of itself. Among irrational numbers are the ratio of a circle's circumference to its diameter, Euler's number ''e'', the golden ratio ''φ'', and the square root of two. In fact, all square roots of natural numbers, other than of perfect squares, are irrational. Like all real numbers, irrational numbers can be expressed in positional notation, notably as a decimal number. In the case of irrational numbers, the decimal expansion does not terminate, nor end ...
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KQED Inc
KQED may refer to: * KQED (TV), a PBS member station in San Francisco * KQED-FM KQED-FM (88.5 MHz) is a listener-supported, non-commercial public radio station in San Francisco, California. It is simulcast on KQEI-FM (89.3 MHz) in the Sacramento metropolitan area. The parent organization is KQED Inc., which also owns tw ..., an NPR member station in San Francisco * KQED Inc., the parent organization of KQED (TV) and KQED-FM See also * * WQED (other) * QED (other) {{Call sign disambiguation ...
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Charging Bull
''Charging Bull'' (sometimes referred to as the ''Bull of Wall Street'' or the ''Bowling Green Bull'') is a bronze sculpture that stands on Broadway (Manhattan), Broadway just north of Bowling Green (New York City), Bowling Green in the Financial District, Manhattan, Financial District of Manhattan in New York City. The bronze sculpture, standing tall and measuring long, depicts a bull, the symbol of bull market, financial optimism and prosperity. ''Charging Bull'' is a popular tourist destination that draws thousands of people a day, symbolizing Wall Street and the Financial District. The sculpture was created by Italian artist Arturo Di Modica in the wake of the Black Monday (1987), 1987 Black Monday stock market crash. Late in the evening of Thursday, December 14, 1989, Di Modica arrived on Wall Street with ''Charging Bull'' on the back of a truck and illegally dropped the sculpture outside of the New York Stock Exchange Building. After being removed by the New York City ...
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Satoshi Nakamoto
Satoshi Nakamoto ( – 26 April 2011) is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database. Nakamoto was active in the development of bitcoin until December 2010. There has been widespread speculation about Nakamoto's true identity, with various people posited as the person or persons behind the name. Though Nakamoto's name is Japanese, and inscribed as a man living in Japan, most of the speculation has involved software and cryptography experts in the United States or Europe. Development of bitcoin Nakamoto said that the work of writing bitcoin's code began in the second quarter of 2007. On 18 August 2008, he or a colleague registered the domain name bitcoin.org, and created a web site at that address. On 31 October, Nakamoto published a white paper on the ...
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Federal Reserve Bank Of New York
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the New York (state), State of New York, the 12 northern counties of New Jersey, Fairfield County, Connecticut, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Located at Federal Reserve Bank of New York Building, 33 Liberty Street in Lower Manhattan, it is the largest (by assets), the most active (by volume), and the most influential of the Reserve Banks. The Federal Reserve Bank of New York is uniquely responsible for implementing monetary policy on behalf of the Federal Open Market Committee and acts as the market agent of the entire Federal Reserve System (as it houses the Open Market Trading Desk and manages System Open Market Account). It is also the sole fiscal agent of the U.S. Department of the Treasury, the bearer of the Treasury's General Account, and the ...
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Bitcoin
Bitcoin (abbreviation: BTC; Currency symbol, sign: ₿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source software, open-source implementation. In 2021, Bitcoin in El Salvador, El Salvador adopted it as legal tender. It is mostly seen as an investment and has been described by some scholars as an economic bubble. As bitcoin is pseudonymous, Cryptocurrency and crime, its use by criminals has attracted the attention of regulators, leading to Legality of cryptocurrency by country or territory, its ban by several countries . Bitcoin works through the collaboration of computers, each of which acts as a Node (networking), node in the peer-to-peer bitcoin network. Each node maintains an independent copy of a public distributed ledger of ...
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The New York Observer
''The New York Observer'' was a weekly newspaper established in 1987. In 2016, it ceased print publication and became the online-only newspaper ''Observer''. The media site focuses on culture, real estate, media, politics and the entertainment and publishing industries. History The ''Observer'' was first published in New York City on September 22, 1987, as a weekly alternative newspaper by Arthur L. Carter, a former investment banker. The ''New York Observer'' had also been the title of an earlier weekly religious paper founded 164 years before by Sidney E. Morse in 1823. After almost two decades, in July 2006, the paper was purchased by the American real estate figure Jared Kushner, then only 25 years old. The paper began its life as a broadsheet, and was then printed in tabloid format every Wednesday, and currently has an exclusively online format on an internet website. It is headquartered at 1 Whitehall Street in lower Manhattan. Previous prominent writers for the ...
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Alcatraz Federal Penitentiary
United States Penitentiary, Alcatraz Island, also known simply as Alcatraz (, ''"the gannet"'') or the Rock, was a maximum security federal prison on Alcatraz Island, 1.25 miles (2.01 km) off the coast of San Francisco, California, United States. The site of a fort since the 1850s, the main prison building was built in 1910–12 as a U.S. Army military prison. The United States Department of Justice acquired the United States Disciplinary Barracks, Pacific Branch, on Alcatraz on October 12, 1933. The island became adapted and used as a prison of the Federal Bureau of Prisons in August 1934 after the buildings were modernized and security increased. Given this high security and the island's location in the cold waters and strong currents of San Francisco Bay, prison operators believed Alcatraz to be escape-proof and America's most secure prison. The three-story cellhouse included the four main cell blocks – A-block through D-block – the warden's office, visita ...
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Harvard University
Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyman John Harvard (clergyman), John Harvard, it is the oldest institution of higher learning in the United States. Its influence, wealth, and rankings have made it one of the most prestigious universities in the world. Harvard was founded and authorized by the Massachusetts General Court, the governing legislature of Colonial history of the United States, colonial-era Massachusetts Bay Colony. While never formally affiliated with any Religious denomination, denomination, Harvard trained Congregationalism in the United States, Congregational clergy until its curriculum and student body were gradually secularized in the 18th century. By the 19th century, Harvard emerged as the most prominent academic and cultural institution among the Boston B ...
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