Modeling - When the Map Eats the City: How Hidden Assumpt...

What this episode covers

Nick Ledger examines invisible assumptions in financial models, from rational actor theory to normal distributions, exploring catastrophic failures like LTCM's 1998 collapse and 2008 crisis. Learn why making hidden assumptions explicit is the only defense against models that fail when reality doesn't cooperate. Loved this episode? Discover more original shows from the Quiet Please Network at QuietPlease.ai, explore our curated favorites here amzn.to/42YoQGI, and catch just a slice of our AI hosts in action on Instagram at instagram.com/claredelish and YouTube at youtube.com/@DIYHOMEGARDENTV This content was created in partnership and with the help of Artificial Intelligence AI.

Share this episode

Similar Episodes

1002: Fable 5: The Full Story from Capabilities to Drama

Jun 19, 2026 ·16m

1001: How AI Erased My Career Moat, an Episode #1001 Special: Jon Krohn interviewed by Kirill Eremenko

Jun 16, 2026 ·115m

New Tech And Better Shows For Modelers: Episode 164

Jun 13, 2026 ·109m

1000: Ten Years of the Super Data Science Podcast, with Jon, Kirill and Special Guests

Jun 12, 2026 ·60m

999: What's Left to Build When Software Is Free, with Chip Huyen

Jun 9, 2026 ·75m

998: In Case You Missed It in May 2026

Jun 5, 2026 ·27m

Similar Podcasts

API Intersection Stoplight Building a successful API requires more than just coding. It starts with collaborative design, focuses on creating a great developer experience, and ends with getting your company on board, maintaining consistency, and maximizing your API’s profitability.In the API Intersection, you’ll learn from experienced API practitioners who transformed their organizations, and get tangible advice to build quality APIs with collaborative API-first design.Jason Harmon brings over a decade of industry-recognized REST API experience to discuss topics around API design, governance, identity/auth versioning, and more.They’ll answer listener questions, and discuss best practices on API design (definition, modeling, grammar), Governance (multi-team design, reviewing new API’s), Platform Transformation (culture, internal education, versioning) and more.They’ll also chat with experienced API practitioners from a wide array of industries to draw out practical takeaways and insights you can use.H Second Section Podcast Second Section The Second Section Podcast is dedicated to the topic of model railroading. Andy Dorsch and Mike Ostertag are just two regular guys who want to share their modeling techniques and expertise, or lack there of, on their favorite hobby. Model Railroading. Mike and Andy are two characters for sure that at times can go off the rails, however they never let that spoil the fun they have talking about the worlds greatest hobby - model railroading. Make sure to join us on our modeling journey and subscribe to our podcast. Sculpture (Fine Art) Academy of Art University The Sculpture Center, which houses the Academy of Art University's Fine Art Sculpture Department, is a 50,000 square foot state-of-the-art facility located in the heart of San Francisco's museum and gallery district.We teach aesthetic and concept development as well as a variety of media-specific skills such as ceramics, bronze casting, welding, forging, jewelry/metal arts, papermaking and neon. We also have as strong figure modeling program.The ceramic facility contains front-loading computer programmed electric and gas kilns, a slab roller, extruder and a pug mill.The Metal Arts/Jewelry students have access to a 20-ton Hydraulic press, which nicely compliments the enameling, Lost Wax casting and calibrated burnout kilns. The Papermaking classroom also has a hydraulic press and vacuum table for finishing and a large Hollander beater to assist students in making European and Asian-styled paper.Undergraduate Sculpture students and Fine Art Graduate School students use the contempora America's Next Top Best Friend amanda mitchell & hillary sussman hillary & amanda are your best friends, and also the hosts of your new favorite podcast. join us from cycle one while we discuss the trials and tribulations of the best modeling show in america, while musing about life, popular culture, and tyra banks.

Frequently Asked Questions

How long is this episode of Modeling?

This episode is 25 minutes long.

When was this Modeling episode published?

This episode was published on April 17, 2026.

What is this episode about?

Nick Ledger examines invisible assumptions in financial models, from rational actor theory to normal distributions, exploring catastrophic failures like LTCM's 1998 collapse and 2008 crisis. Learn why making hidden assumptions explicit is the only...

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

Can I download this Modeling episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.