Melbourne Cup modelling

Tuesday 5 November 2013

Here are a couple of quant models for Melbourne Cup winners today. The first from PWC:

And the second from Mac Bank:

Not sure why either produces the modelling. It’s not like either would like us to associate investment banking and accounting with gambling.

What a wowser I am!

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.