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Don Philip Faithful's Blog Posts Tagged 'risk' (10)

Adapting an Algorithm to Real-time Applications

Below are some images generated by an algorithm that I originally created to study stocks. The stock in this case is Yahoo! in the early 2000s. I realize that none of these images resemble conventional stock market patterns. Keep in mind that algorithms by nature interact with the data. They don't simply restate the numbers in graphical form. An algorithm designed to deal with historical stock trading data can be modified to deal with the data in real-time. However, there is no inherent…

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Added by Don Philip Faithful on January 21, 2017 at 8:48am — 4 Comments

Risk as a Narrative Construct



I had some magical moments in my life. Perhaps the most magical was the summer I went to work wearing shorts and running shoes. Captain C. said to me, as I sat in our shared office, “If you want to work during the weekend, you can borrow the keys to the building.” It didn’t seem like a big deal at the time. I had already borrowed a military vehicle that, as per Captain C., I could park anywhere in Canada without receiving a parking ticket. So I borrowed the keys to the building. I went…

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Added by Don Philip Faithful on December 25, 2016 at 8:00am — 2 Comments

The Institutional Response



When I talk about "the institutional response," I am referring to an increasingly common occurrence: a standardized or large-scale approach is supported, promoted, and applied by a particular institution - sometimes governmental in nature - premised on its apparent suitability or superiority to achieve desirable outcomes. I suspect that in recent years, there has been a push to get citizens to file their income tax returns electronically. I know that in Canada, it has become difficult…

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Added by Don Philip Faithful on May 16, 2015 at 8:48am — No Comments

Quality of Things



"Measurement owes its existence to Earth; estimation of quantity to measurement; calculation to estimation of quantity; balancing of chances to calculation; and victory to balancing of chances." - Sun Tzu, The Art of War (Translated by L. Giles)

The quote from Sun Tzu seems to suggest how a military leader gathers data; adapts to different situations; and makes decisions weighing the circumstances. It says that the balancing of chances depends on "calculation." I…

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Added by Don Philip Faithful on April 18, 2015 at 6:20am — 4 Comments

Value-Liquidity Cycle

I made a recent discovery that I would like to share with the community. In my previous blog, I introduced a special algorithmic shell that distributes stocks based on their price movements (along the x-axis) and volume movements (y-axis). Using this shell, it is possible to visualize the trading behaviours of dozens of stocks simultaneously. I noticed one day that the stocks seemed to be lining up in formation. I decided to test the accuracy of my visual interpretation. Below I present the…

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Added by Don Philip Faithful on March 22, 2015 at 5:22am — No Comments

Qualitative Engine for Organizational Simulations

Given the nature of the community, presumably many visitors already have a strong understanding of the nature of quantitative data. Perhaps more mysterious is the idea of qualitative data especially since it can sometimes be expressed in quantitative terms. For instance, "stress" as an internal response to an externality differs from person to person; yet it would be possible to canvas a large number of people and express stress levels as an aggregate based on a perceptual gradient: minimal,…

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Added by Don Philip Faithful on October 25, 2014 at 6:37am — No Comments

Strategic Placement for Big Data in Organizations

I tend to examine the different roles played by data. For instance, when I work on computer code, I often ask myself what the presence of data is meant to accomplish. Sometimes the analysis is not at all straightforward or simple. In society and organizations, people exist and persist in the records as data. The data survives even as employees come and go. I therefore consider it important to regard the data and its environment as a system in itself, something that has a life all of its own.…

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Added by Don Philip Faithful on May 3, 2014 at 6:30am — No Comments

The Algorithmic Man - Epic Battle Against Headless Apparitions

There was a television interview of a man who had to deal with severe breathing problems through much of his adult life.  He underwent various procedures although he found little relief.  In fact, the adverse impact to his body was long-lasting.  So he was surprised to discover how he was extremely allergic to his breakfast cereal, something that he ate almost without fail.  When he stopped eating the cereal, his breathing problems disappeared.  I am sure that many people would regard the…

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Added by Don Philip Faithful on April 27, 2014 at 8:26am — No Comments

Data Interaction in Organizational Systems

I have always had a great interest in how businesses organize in order to get things done.  Here I raise some discussion points intended to stimulate debate.

Principle of Systemic Domains 

Not that long ago, I was completing a graduate degree in “critical” disability studies.  The critical part deserves to be in quotations since it is probably subject to interpretation and all sorts of misinterpretation.  I am going to suggest that in critical…

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Added by Don Philip Faithful on March 8, 2014 at 8:15am — No Comments

Risks Posed by Commodified Labour in Complex Fields

The commodification of labour coincides with technological advancements in production: it is perhaps most noticeable in relation to factories.  Factory processes replaced the labour once done by skilled tradespeople. It might not be obvious how this trend has continued to this day and is now affecting professionals in complex fields including those in the data sectors. I am talking about the "made to order" and "off the shelf" acquisition of labour commodities. What I describe as commodities…

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Added by Don Philip Faithful on February 22, 2014 at 7:05am — No Comments

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