The power and limitations of data

first_img continue reading » 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The AXFI conference isn’t the most intuitively named financial services conference. But that’s about the only thing it doesn’t do well.Designed to address the intersection of data analytics and financial innovation—with a  decidedly credit union leaning—AXFI (Analytics and Financial Innovation) recently wrapped up its fourth annual event in suburban Minneapolis with about 300 highly engaged attendees.What really struck a chord with me—aside from the ragtag band of credit union veterans who performed Tuesday night—were a pair of presentations from gentlemen whose expertise resides well outside the realm of financial services.Their perspectives reinforced the extent to which the issues facing financial institutions are universal, and how we can benefit from reaching outside our comfort zone for fresh ideas.Eric Berlow is an ecologist by trade, and a TED Fellow whose talks on simplifying complexity have garnered over two million YouTube views. He led the University of California’s Science Institute inside Yosemite National Park, focusing on data-driven solutions for preserving wildlife ecosystems.last_img read more

Plans surface for new hotels

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Curtains for Corbyn? Paddy Power cuts odds on Jezza’s 2018 resignation

first_img Paddy Power raises awareness of Missing People with Motherwell ‘silhouette’ stand August 7, 2020 Submit BGC: Government must ‘act fast’ and extend furlough scheme August 11, 2020 Paddy PowerIt appears that the Labour Party cannot escape charges of antisemitism, as this week Israeli Prime Minister Bibi Netanyahu released pictures of party leader Jeremy Corbyn ‘supposedly’ attending a wreath-laying ceremony for the 1972 Munich Olympic Games terrorists in 2014.The Labour Party has defended Corbyn’s position, stating that its leader was ‘visiting a Tunisian cemetery to honour innocent victims killed in a 1985 Israeli military air strike’.The event has seen Corbyn face a week of opposition attacks and internal criticisms, as Labour continues to be marred by antisemitism allegations.Updating its UK political markets, Paddy Power makes it 3/1 (from 8/1 last week) – ‘that Jezza leaves before the end of 2018’, as Labour’s leader continues to face questions as to why he visited to an event at a Palestinian Martyrs Cemetery in 2014.Furthermore, Paddy Power Politics has lengthened the odds on Corbyn becoming next PM, replacing to Theresa May from 9/2 to a 6/1, becoming second market favourite behind former Foreign Secretary Boris Johnson (currently 5/1).Updating the media, Spokesman Paddy Power said: “As pressure mounts on Corbyn again over antisemitism claims, our traders think he will be laying a wreath on his own leadership career before the end of the year, and have been forced to cut the odds.“But doing or saying something questionable hasn’t impacted on Boris Johnson’s popularity – he’s still our most popular selection to take over from May, though Corbyn has slipped down the betting.”Paddy Power Jeremy Corbyn Specials3/1        Corbyn to leave before the end of 20185/1        Boris Johnson to be the next Prime Minister6/1        Corbyn to be the next Prime MinisterCease to be  Party  Leader First:1/3        Theresa May3/1        Jeremy Corbyn Related Articles StumbleUpon Share Share Flutter moves to refine merger benefits against 2020 trading realities August 27, 2020last_img read more

Inside the Dodgers: Suddenly, ‘depth’ isn’t the Dodgers’ buzzword anymore

first_imgThen there’s the bullpen. For all their issues, the Dodgers have asked the same nine pitchers to make 94 percent of their relief appearances. Kenley Jansen, Joe Kelly and Yimi Garcia can’t be optioned to the minor leagues, so not every bullpen spot is flexible. Yet in spite of few injury issues, the Dodgers aren’t churning through relievers. The available in-house replacements (J.T. Chargois, Jaime Schultz, Brock Stewart, Dennis Santana, Josh Sborz, Adam McCreery) either haven’t pitched well enough at Triple-A to warrant a call-up, or the organization has preferred to keep them in their Triple-A rotation. Or both.Injuries haven’t been an issue on the position player side, either, because the Dodgers have done more than tread water in the absence of Corey Seager and A.J. Pollock (and, more briefly, Russell Martin and Austin Barnes). They have the National League’s best record by a six-game margin. Andrew Friedman can afford to look ahead to the postseason as he contemplates trade offers in the weeks to come.This newsletter isn’t about which relievers the Dodgers should try to acquire. It’s about how the deadline calculus changes for a roster carried not by its depth, but by its stars. Consider that 17 players finished last season with at least 1 WAR, and none with more than 4.5. You’d be challenged to find a pennant-winning team with more parity.The distribution of talent among the top 17 Dodgers this year looks very different. At the top is Cody Bellinger, who’s on pace for 13.5 WAR. Next is pitcher Hyun-Jin Ryu, on pace for 8.3. Checking in at number 17 is Russell Martin, who’s on pace for 0.9. That’s a big gap, but even this exercise in quantification doesn’t totally capture the difference between year’s club and last year’s. Baseball Reference’s version of WAR notoriously underestimates the value of catcher framing (FanGraphs, which incorporates framing into its WAR statistic, has Martin on pace for 1.6 WAR) and nobody’s version of WAR is the best way to value a pitcher (especially relievers). The smell test works better: If I told you in conversation that Cody Bellinger was your team’s best player in 2019 and Russell Martin is your team’s 17th-best player, you’d understand. That sounds like a pretty big gap, and it is.What does that mean on a practical level? We know the Dodgers could use more reliable relief pitching. That’s the first trade priority. The second priority isn’t as obvious, but maybe it should be. There’s a steep dropoff from the best player on the Dodgers’ 25-man roster to the worst, and their 40-man roster isn’t terribly impressive from 26 through 40. Bellinger and Hyun-Jin Ryu have been healthy to this point in the season – knock on wood – but if either were lost to injury, that six-game tower over the NL standings might topple. The Dodgers’ in-house depth simply isn’t what it was even a year ago. Friedman has spoken so often about the value of roster depth (here’s one such piece from April), one wonders how much of a priority he’ll place on upgrading those 26-through-40 spots before the deadline. I’m not even sure what that would look like. The Phillies just bought Brad Miller from the Yankees, who had the 29-year-old infielder parked at Triple-A. Miller’s .754 OPS is basically average, but that type of player can be useful for a playoff-bound team. Once their bullpen issue(s) are addressed, the Dodgers – who coincidentally released Miller in spring training – might be looking to stock up on Brad Millers.-J.P.Editor’s note: Thanks for reading the Monday June 17 edition of the Inside the Dodgers newsletter. To receive the newsletter in your inbox, sign up here.Dodgers links:Shut down – Dodgers drop another one-run game to Giants.Redemption song – Martin bounced back from an 0-for-3 start to deliver a Sunday win with his bat and his glove.Unsung hero – Dino Ebel’s decision to send Chris Taylor on a hit to shallow left field paid off.Best of the best – The Dodgers possess one of three elite-tier lineups in baseball, writes Jay Jaffe for ESPN.Let’s start a rumor – Jim Bowden of The Athletic suggests the Dodgers could line up with the Royals on a Whit Merrifield trade, but Royals GM Dayton Moore suggests it won’t be that easy.Trouble at home – For Venezuelan baseball players, political turmoil back home makes the 162-game season even more arduous.The old man and ‘the ocean’ – Max Muncy explained why he owes his career to his father, Lee.Daddy day – The videos of Clayton Kershaw’s and Kenley Jansen’s kids on the field at Dodger Stadium on Sunday are predictably adorable.Way to go – What does it look like when the players you trade away immediately get better, and the players you acquire immediately get worse? Ladies and gentlemen, your 2019 St. Louis Cardinals. Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img Editor’s note: This is the Monday June 17 edition of the Inside the Dodgers newsletter. To receive the newsletter in your inbox, sign up here.Wednesday marks six weeks until baseball’s trade deadline. It’s a hard deadline this year. There will be no August trades for players who clear waivers. While that makes for more drama, and fewer explanations required by baseball beat writers, it also accelerates the process for a general manager. There’s a reason we went straight from the amateur draft to trade talk – and, in the case of the Mariners and Yankees, an actual blockbuster trade over the weekend. There’s less time to make a deal than ever.With that in mind, I wanted to address a general observation about this year’s Dodgers team. I almost didn’t write about this because it’s so hard to quantify. (I tried anyway.) It’s the idea of “depth” as a buzzword for describing how the Dodgers are succeeding – something that was eminently true last year, and not as much this year.To be clear, the Dodgers have some depth. Will Smith came up from Triple-A and was completely capable in a six-game injury replacement cameo. Matt Beaty has been sub-replacement level by Wins Above Replacement, but there’s something to be said for a guy who has nine RBIs in his first 20 major league games. Ross Stripling and Julio Urías were so trustworthy as starting pitchers, one or both of them might hop into the rotation soon to give the Dodgers’ other starting pitchers a blow.last_img read more