Posts Tagged actuarial science
Smoking a bit too much actuarial science
I was recently at a party where some students were smoking. I’ve become quite a believer in the futility of telling people why they should not smoke. Sometimes, as I see people smoking, some of these arguments come unbidden, and I can’t help but indulge in the futile practice.
On this night, however, I was sorely tempted to say, “Don’t you know that if you take out life insurance, you will be paying smoking rates, even if you’re only a casual smoker.” But of course, these people were years away from caring about life insurance premiums.
I kept quiet. Clearly too much actuarial science has an adverse effect on the brain. Perhaps I should consider quitting actuarial science, maybe become a beekeeper, and try not to think about whether beekeepers have higher disability insurance premiums.
Love in terms of music, actuarial science, finance and programming
Posted by johandp in Christianity, comedy, poetry on 12/02/2014
Friends of mine recently got married. One of them has a background in actuarial science and computer science and the other has a masters degree in music. I thought it would be fun to write them a poem that needed both these backgrounds to appreciate fully, and thus I came up with the following:
Love is like a symphony, a Beethoven symphony (no 7 of course) its present value cannot be determined (no hypothecation allowed ) it has more power than compound interest able to decipher even the most inscrutable VB code love can make life feel like a stroll through country gardens but sometimes, one must face nights on a bare mountain or even the isle of the dead but love is a commitment a contract writ before God it is a long-term investment, that rides out short-term fluctuations (it beats any human benchmark) with not even death as a decrement
Here are the specific references if you want to look them up. Actuarial science: hypothecation, decrement, contract. Finance: compound interest, present value, long-term investment, short-term fluctuations. Programming: VB. Music: Beethoven symphony, country gardens, isle of the dead, night on the bare the mountain.
