~Contributed by Martin L. Olesen I began using SAS 6.04 in 1992 for my own projects and as a teaching assistant. Professionally, I have worked in SAS since 1997, after graduation. I use Base SAS, SAS/STAT and SAS/OR. I work in an Icelandic bank doing credit risk analysis and rating
The premise of the modern portfolio theory (MPT), proposed by Harry Markowitz in 1952, is diversity. Murphy Choy says that means you should “never put all of your eggs in the same basket.” According to Choy, the theory was never meant to be used with complex investment products because they
This is one of the coolest uses of SAS I've seen: optimizing school reassignments. I spoke with paper coauthor Rob Pratt before SAS Global Forum this year about this topic. I found the project's origin interesting: CEO Jim Goodnight was chatting with the Wake County Schools superintendant at a cocktail
