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Dagny's Desk

Dagny's Desk

Monthly Archives: February 2009

The Math Formula that Destroyed the (Financial) World

25 Wednesday Feb 2009

Posted by Dagny Gromer in Economics, financial

≈ 3 Comments

Wired Magazine reports that a formula devised by mathematician David X. Li to evaluate risk was used by all the major financial players – who are now broke and begging for government handouts (a.k.a. welfare), is responsible for the current financial melt down.

True or False? Hmm … I’ll go with False. I’d say the root cause was herding behavior – they all did the same thing at the same time. And when reality emerged, all that “wealth” was revealed to an hallucination such asĀ  “House prices always go up”. Until they don’t.

Vulture Mine, Wickenburg AZ

22 Sunday Feb 2009

Posted by Dagny Gromer in az

≈ Leave a comment

On Saturday 2/21 Gary, me, and Gary’s sister went to the Vulture Mine in Wickenburg, AZ. It’s a well preserved site that was a gold mine from 1863 to 1942.

I have photos on my Flickr page, I’ll put some more there as I work through them. A few photos follow

Vulture Mine Collapsed Building

Vulture Mine Collapsed Building

Vulture Mine Structure at Mine Shaft Entrance

Vulture Mine Structure at Mine Shaft Entrance

Vulture Mine Inside Power Generating Plant

Vulture Mine Inside Power Generating Plant

Thumb Butte Photo on Front Page of Courier 2/15/2009

15 Sunday Feb 2009

Posted by Dagny Gromer in Prescott_AZ, Thumb Butte

≈ 5 Comments

If any of you get the hard copy version of the Prescott Courier, one of my photos of Thumb Butte is on the front page as the masthead photo. I’m pumped over it!

Here’s another recent Thumb Butte photo.

Moon Setting Over Thumb Butte with Snow

Moon Setting Over Thumb Butte with Snow

Maybe I need to start a Thumb Butte photo blog? I seem to have a minor obsession with these images.

AZ turns 97 Today

15 Sunday Feb 2009

Posted by Dagny Gromer in az

≈ Leave a comment

Tags

arizona

Today is Arizona’s birthday – if a state can have a birthday – or more correctly it’s 97 years ago today that AZ became a state. Catalyst, a fellow Prescott blogger who I’ve met at a couple at our Prescott Blogger meetings, has a post on this which reminded me of this date.

Some More Snowstorm Photos

12 Thursday Feb 2009

Posted by Dagny Gromer in Prescott_AZ, weather

≈ 3 Comments

I’m a bit behind in getting these posted. It’s been a busy week …

Our House After Feb 09 Snowstorm

Our House After Feb 09 Snowstorm

Thumb Butte in Snow Feb 09

Thumb Butte in Snow Feb 09

Raven on Roof in Snow Feb 09

Raven on Roof in Snow Feb 09

This last image looks almost monochrome.

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