Nelson Saiers
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Nelson Saiers
Nelson Saiers is an American mathematical artist and former hedge fund manager. Before 2014, he worked in finance as a Managing Director at Deutsche Bank AG and as the Chief Investment Officer at Saiers Capital, LLC (formerly Alphabet Management, LLC). In 2014, Saiers left finance to create mathematics-based art. Early life and education Nelson Saiers was born in Denver, Colorado. He spent the first five years of his life in Ethiopia and Afghanistan while his father worked for the United States Agency for International Development. At the age of one, Saiers was held at gunpoint in Ethiopia while passing through a security checkpoint in the aftermath of the overthrow of Haile Selassie. Saiers lived in Afghanistan during the Saur Revolution. Saiers' family relocated to Swaziland and Ghana before eventually moving to Virginia. In 1997, Saiers graduated from the University of Virginia. In 1998, he received a Ph.D. in mathematics from the University of Virginia at the age of 23. Hi ...
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Denver
Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the United States and the fifth most populous state capital. It is the principal city of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area and the first city of the Front Range Urban Corridor. Denver is located in the Western United States, in the South Platte River Valley on the western edge of the High Plains just east of the Front Range of the Rocky Mountains. Its downtown district is immediately east of the confluence of Cherry Creek and the South Platte River, approximately east of the foothills of the Rocky Mountains. It is named after James W. Denver, a governor of the Kansas Territory. It is nicknamed the ''Mile High City'' because its official elevation is exactly one mile () above sea level. The 105th meridian we ...
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Proprietary Trading
Proprietary trading (also known as prop trading) occurs when a trader trades stocks, bonds, currencies, commodities, their derivatives, or other financial instruments with the firm's own money (instead of using depositors' money) in order to make a profit for itself. Proprietary trading can create potential conflicts of interest such as insider trading and front running. Proprietary traders may use a variety of strategies such as index arbitrage, statistical arbitrage, merger arbitrage, fundamental analysis, volatility arbitrage, or global macro trading, much like a hedge fund. Many reporters and analysts believe that large banks purposely leave ambiguous the proportion of proprietary versus non-proprietary trading, because it is felt that proprietary trading is riskier and results in more volatile profits. Arbitrage One of the main strategies of trading, traditionally associated with banks, is arbitrage. In the most basic sense, arbitrage is defined as taking advantage of a pri ...
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Rational Number
In mathematics, a rational number is a number that can be expressed as the quotient or fraction of two integers, a numerator and a non-zero denominator . For example, is a rational number, as is every integer (e.g. ). The set of all rational numbers, also referred to as "the rationals", the field of rationals or the field of rational numbers is usually denoted by boldface , or blackboard bold \mathbb. A rational number is a real number. The real numbers that are rational are those whose decimal expansion either terminates after a finite number of digits (example: ), or eventually begins to repeat the same finite sequence of digits over and over (example: ). This statement is true not only in base 10, but also in every other integer base, such as the binary and hexadecimal ones (see ). A real number that is not rational is called irrational. Irrational numbers include , , , and . Since the set of rational numbers is countable, and the set of real numbers is uncountable ...
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Irrational Number
In mathematics, the irrational numbers (from in- prefix assimilated to ir- (negative prefix, privative) + rational) are all the real numbers that are not rational numbers. That is, irrational numbers cannot be expressed as the ratio of two integers. When the ratio of lengths of two line segments is an irrational number, the line segments are also described as being '' incommensurable'', meaning that they share no "measure" in common, that is, there is no length ("the measure"), no matter how short, that could be used to express the lengths of both of the two given segments as integer multiples of itself. Among irrational numbers are the ratio of a circle's circumference to its diameter, Euler's number ''e'', the golden ratio ''φ'', and the square root of two. In fact, all square roots of natural numbers, other than of perfect squares, are irrational. Like all real numbers, irrational numbers can be expressed in positional notation, notably as a decimal number. In the cas ...
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KQED Inc
KQED may refer to: * KQED (TV), a PBS member station in San Francisco * KQED-FM KQED-FM (88.5 MHz) is a NPR-member radio station in San Francisco, California. Its parent organization is KQED Inc., which also owns its television partners, both of which are PBS member outlets: KQED (channel 9) and KQEH (channel 54). Stu ..., an NPR member station in San Francisco * KQED Inc., the parent organization of KQED (TV) and KQED-FM {{Call sign disambiguation ...
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Charging Bull
''Charging Bull'', sometimes referred to as the ''Bull of Wall Street'' or the ''Bowling Green Bull'', is a bronze sculpture that stands on Broadway (Manhattan), Broadway just north of Bowling Green (New York City), Bowling Green in the Financial District, Manhattan, Financial District of Manhattan in New York City. The bronze sculpture, standing tall and measuring long, depicts a bull, the symbol of bull market, aggressive financial optimism and prosperity. ''Charging Bull'' is a popular tourist destination that draws thousands of people a day, symbolizing Wall Street and the Financial District. The sculpture was created by Italian artist Arturo Di Modica in the wake of the Black Monday (1987), 1987 Black Monday stock market crash. Late in the evening of Thursday, December 14, 1989, Di Modica arrived on Wall Street with ''Charging Bull'' on the back of a truck and illegally dropped the sculpture outside of the New York Stock Exchange Building. After being removed by the Ne ...
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Satoshi Nakamoto
Satoshi Nakamoto is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database. Nakamoto was active in the development of bitcoin up until December 2010. There has been widespread speculation about Satoshi Nakamoto's true identity, with a variety of people posited as the person or persons behind the name. Though Nakamoto's name is Japanese, and he stated in 2012 that he was a man living in Japan, most of the speculation has involved software and cryptography experts in the United States or Europe. Development of bitcoin Nakamoto stated that work on the writing of the code for Bitcoin began in 2007. On 18 August 2008, he or a colleague registered the domain name bitcoin.org, and created a web site at that address. On 31 October, Nakamoto published a white paper on the ...
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Federal Reserve Bank Of New York
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Located at 33 Liberty Street in Lower Manhattan, it is by far the largest (by assets), the most active (by volume), and the most influential of the Reserve Banks. The Federal Reserve Bank of New York is solely responsible for implementing monetary policy on behalf of the Federal Open Market Committee and acts as the market agent of the entire Federal Reserve System (as it houses the Open Market Trading Desk and manages System Open Market Account). It is also the sole fiscal agent of the U.S. Department of the Treasury, the bearer of the Treasury's General Account, and the custodian of the world's largest gold storage reserve. Aside from these distinct f ...
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Bitcoin
Bitcoin ( abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software. The word "''bitcoin''" was defined in a white paper published on October 31, 2008. It is a compound of the words ''bit'' and ''coin''. The legality of bitcoin varies by region. Nine countries have fully banned bitcoin use, while a further fifteen have implicitly banned it. A few governments have used bitcoin in some capacity. El Salvador has adopted Bitcoin as legal tender, although use by merchants remains low. Ukraine has accepted cryptocurrency donations to fund the resistance to the 2022 Russ ...
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The New York Observer
''The New York Observer'' was a weekly newspaper printed from 1987 to 2016, when it ceased print publication and became the online-only newspaper ''Observer''. The media site focuses on culture, real estate, media, politics and the entertainment and publishing industries. History The ''Observer'' was first published in New York City on September 22, 1987, as a weekly newspaper by Arthur L. Carter, a former investment banker. The ''New York Observer'' had also been the title of an earlier weekly religious paper founded by Sidney E. Morse in 1823. In July 2006, the paper was purchased by the American real estate figure Jared Kushner, then 25 years old. The paper began its life as a broadsheet, and was then printed in tabloid format every Wednesday, and currently has an exclusively online format. It is headquartered at 1 Whitehall Street in Manhattan. Previous writers for the publication include Kara Bloomgarden–Smoke, Kim Velsey, Matthew Kassel, Jillian Jorgensen, Joe Cona ...
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Alcatraz Federal Penitentiary
United States Penitentiary, Alcatraz Island, also known simply as Alcatraz (, ''"the gannet"'') or The Rock was a maximum security federal prison on Alcatraz Island, off the coast of San Francisco, California, United States, the site of a fort since the 1850s; the main prison building was built in 1910–1912 as a United States Army military prison. The United States Department of Justice acquired the United States Disciplinary Barracks, Pacific Branch, on Alcatraz on 12 October 1933. The island became adapted and used as a prison of the Federal Bureau of Prisons in August 1934 after the buildings were modernized and security increased. Given this high security and the island's location in the cold waters and strong currents of San Francisco Bay, prison operators believed Alcatraz to be escape-proof and America's strongest prison. The three-story cellhouse included the four main cell blocks – A-block through D-block, the warden's office, visitation room, the library, and th ...
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Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States and one of the most prestigious and highly ranked universities in the world. The university is composed of ten academic faculties plus Harvard Radcliffe Institute. The Faculty of Arts and Sciences offers study in a wide range of undergraduate and graduate academic disciplines, and other faculties offer only graduate degrees, including professional degrees. Harvard has three main campuses: the Cambridge campus centered on Harvard Yard; an adjoining campus immediately across Charles River in the Allston neighborhood of Boston; and the medical campus in Boston's Longwood Medical Area. Harvard's endowment is valued at $50.9 billion, making it the wealthiest academic institution in the world. Endowment inco ...
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