The creation of blockchain technology brought into the public’s eyes an old problem that armies, as well as software developers, tried to solve. — The Issue In the year 330 AD, emperor Constantin split the Roman empire in half and set the city of Byzantium as his second capital city inside the empire. The easter Roman empire, also known as the Byzantine empire, is where the Byzantine general's problem got its name.

One of the easiest ways to check a company’s financial health is to analyze it according to its scores. In this article, I will analyze the various scores that check the fundamental health of a company. Piotroski F-score Joseph D. Piotroski, an American professor of accounting at Stanford University, with a specialization…

One of the most fundamental theories that govern the financial market is the efficient market hypothesis. (also known as efficient market theory) Biography Eugene Francis Fama was born in 1939 and is an American Professor of Finance at the University of Chicago. He holds an undergraduate degree in Romance Languages. His…

By continuing the modern portfolio theory and quantitative finance, the next step is the analysis of the Capital Asset Pricing Model (CAPM). Biography William Forsyth Sharpe, born in 1934, is an American economist and one of the creators of the Capital Asset Pricing Model (CAPM), at the same time with John…

These days we constantly hear the word inflation, and we imagine futuristic dystopian economies that destroyed entire countries. In this article, we will go through the topic of inflation in detail, and we will analyze what exactly is. Disclaimer: This article is a product of my curiosity and research. Although…

The main tool of every financier is statistics. No data is of any help without the tools for making sense of it. In this series, I’ll try to give you a crash course on the basics of statistics. Population versus Sample We would require to live 10 lives if we should analyze and…

For thousands of years, people knew the concept of diversification. People also throughout history knew intuitionally the concept of risk. …

Behind every successful trader, there is an equally successful trading strategy. A written down plan that guides his or her moves. In this article, we are going to examine the building blocks of a trading plan, as well as how one can create one. Definition Simply put, a trading strategy includes…

Behind almost every economic model that tries to predict markets is hiding a human with rational behavior. — In this article, we will examine the predicaments that help most economic models explain market movement and behavior. I tend to think that the basis of all matters in life is philosophy. If we think that something is rational, or irrational, moral or immoral, etc. then our framework and thus…