Quote:
Originally Posted by CoachKandSportsguy
I see engineers in finance and economics not be very successful all the time.
Engineers are very linear and logical, because engineering has rules and equations that are rigid, and don't/can't change.
FInance and economics are human behaviors and human concepts, not bounded by rules and equations, but estimate by historical observations which have very wide standards of deviation as compared to engineering, and large outliers occur, though infrequently
It's the exception for an engineer who can transition from the fixed physical systems to the human system of the behavior of handling money. . the human system is very non linea, very counter intuitive, and has lots of outliers and failures. .
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I worked with lots of actuaries. They sure could pass complicated exams and crunch numbers with the best of them. On the other hand, they tended to wear loafers because they couldn’t figure out how to tie the shoelaces on traditional shoes.