Comments on Comments 
Friday, April 7, 2006, 01:57 PM
I'm so happy that a few friends from the Actuarial Outpost discussion forum have visited and left comments. So here are mine:

- "Kissing another actuary would be like kissing your brother".
Well to be honest, I've never kissed a male actuary and I haven't kissed my brother since he was about 7 (he's 18 now) so I can't really make a comment. However, I will let you know if I should ever hypothesise test this experiment out myself.

- Honesty
Happy Conservative, this column was previously syndicated in a university actuarial newsletter, not exactly the ideal platform for an actual indepth discussion on dating. The probability that a student reading the newsletter just wanted to past the time amusingly was high, not reading the vagaries of some other students love life and opinions. Heretofore, the column was written anytime I had a certain insight about dating with an actuarial turn.

Now that I have moved to a blog, that will change as I can't keep that up indefinitely and will introduce some shady characters and experiences from my own life

- Location
I'm currently located in Sydney, Australia.


I'm very punny.

kthxbai

The Actuary

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Part VII 
Monday, April 3, 2006, 06:18 PM
Yesterday I sat in the lecture hall for a quiz in Actuarial Statistics. It's became rather obvious that I would fail (I could only attempt about 25% of the paper) but I realised that I was rather blase about the whole thing. I had gotten to a stage in my education where I just didn't care.

Thinking about this I became rather disturbed. Why should I not care that I failed a quiz? I'd get rather ticked off at getting another FB on my IAA exams but I'll just shrug it off and enroll again next session.

So If I can pass that off with such nonchalance, why can't I just shrug off my past failed relationships - instead of letting them linger on in my mind, haunting me and potentially sabotaging my future success rate?

I've met quite a few people who are of the opinion, if it doesn't work out, it doesn't work out. You win some, you lose some. Just as long on average the result is positive, life is profitable.

But for me, I'm determined to minimise my loss ratio. Honestly, it's hard to keep putting up the premium to shore yourself up after a particularly bad experience. Obviously my utility function is skewed such that losses are much worse than gains.

What should I do? Do I find a certainty equivalent and settle? Or do I take a actuarially fair gamble and risk it all?

That's a question the actuary has to ask herself.

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