Do you ever hear bankers talking about the P.E. ratio? P.E. ratio this, P.E. ratio that. No? Well, me neither, but the P.E. ratio is actually quite an important ratio [指標] to know. What does it stand for? It’s the Price Earnings ratio [市盈率]! The …
A bit of a light-hearted post today. The Attractive Service Economic Index [侍應吸引力經濟指數]is a somewhat offensive [有攻擊性] and inaccurate [唔準確] way of measuring the state of the economy. However, I would like to use this example to show deliver a message. Firstly, what is this …
Behavioural economics [行為經濟學] is a subject that I really enjoy reading about, and something I’ll write about regularly. We will touch on one small part of it today: the Framing Effect [框架效應]. Lets start with a thought experiment. Say you were given a goal to …
I’d like to really highlight something that is important to all of us actuaries. There is a lot of emphasis right now on healthy eating [健康飲食] and staying physically active [保持做運動]. However, not a lot of people really think about what goes on inside your …
Firstly, thanks for all of you who reached out to me with questions. I personally prefer to reply through Instagram so feel free to reach out here! Today’s topic will be something that I should have gone through a while ago. Lets look quickly at …
Back to technical this week – lets talk about Random Sampling [隨機抽樣]. Yes I know that most of you readers are actuaries, or at least have an understanding of basic statistical techniques. Although Random Sampling seems quite simple at first glance, there are quite a …
As we are still in covid [新冠肺炎] times, might as well write about something that has been brought into attention these few years. Business Interruption insurance [停業保] has always existed, but as you can imagine, a lot of companies have had their business interrupted during …
Let me start today’s blog with a question: why do you think companies sell new products? Obviously to make money right? Well, not always – today’s blog is about Loss Leaders [蝕本產品], and this is a pricing strategy [定價策略] that companies often use, and possibly …
Think about a time when you were on public transport [交通工具]. You stayed up late the night before and just want a peaceful, quiet time on the way to work. It seems like everyone is also sharing the same thoughts as you, when suddenly some …
Risk Based Capital [風險資本] is quite a hot topic [熱門話題] in Hong Kong during the recent few years. The reason for this is because there will be regulatory changes [制度改變] to how any insurer calculates the amount of capital that they have to hold. Historically, …
There is a very interesting phenomenon [現象] that I think all of you have observed. It doesn’t matter where in the world you are, as long as you see the word “FREE!”, your eyes will be instantly drawn to it and you will very likely …
My previous blog about exam tips was quite well-received. I think that while you enjoy learning about soft skills and theory, sometimes practical advice might come in handy as well. So I’ll dedicate today’s blog on how to write CVs [履歷]. There are so many …
I keep saying that the perfect actuary is one who is great with numbers, but even better in soft skills and overall knowledge. However, its always good to remind ourselves of the theoretical concepts [理論] in mathematics, and I’ll introduce a relatively easy topic today: …
It’s the 52nd blog, which means its been a year since I’ve started blogging! To remember this special day, I’ve decided to let you guys take a break from theory [理論] and thought I’d give you a bit of insight of an actuary who’s worked …
Quick experiment! Without looking any of these up, for those of you who have played or watched Pokémon [寵物小精靈], try to picture Pikachu’s [比卡超] tail in your minds in terms of the shape and colours. Also, if you’ve ever eaten the chocolate called Kit-Kat / …