An Investigation Into The Stability Of Peer-To-Peer Lending Systems
For some time, I’ve thought that peer-to-peer lending systems, and Zopa which I know best, in particular, are a very interesting proposition mathematically. I did muse on this question some time ago in Stability in Financial Systems.
My education is at Liverpool University, where I got a B. Eng degree in Electronics in 1968. I had specialised in Control Engineering and my undergraduate thesis was all about mathematical modelling.
Most of my career since has been about large business, monetary and planning computing.
But one thing that must be born in mind, is that after I sold Metier in 1985, I formed a finance company in partnership with a friend. We still talk so it must be a good relationship.
In the years I had a stake in that company, I modelled the cash flows for obvious reasons of watching risk, just as I do with my funds invested in Zopa now.
The company taught me a lot about the finance industry and it was partly for that reason, that I invested my savings in Zopa nearly six years ago. And I’ve not regretted it one bit!
As I said in Stability in Financial Systems last year, I have a feeling that Zopa is a stable system. I also think they have used this stability to their own advantage, to create their Safeguard offers.
Obviously, a full investigation would be of value to see how, if Zopa my proposition concerning the system is correct.
You would just right down the various cash flows and see how the various scenarios will affect the company.
A Sky Satellite Dish Is So Yesterday
I’ve just looked up what football matches, I can watch over the next few days, through my steam-driven broadband, BT Sport and Freeview.
Tonight, BT are showing Wigan, whilst ITV4 is showing Swansea and Tottenham. All in the Uefa Cup. As I’m seeing Wigan on Sunday, as I’m going to see Ipswich play there, it’s rather a no-brainer, which matches I’ll watch.
Tomorrow, I’m busy in Liverpool, but the only match is on BT and it’s a German one. I’m not that sad yet!
Saturday, BT are showing a Premier League match, but as it’s Norwich, I assume they are going to pay me to watch it! Later I might want to watch Fulham on Sky, but obviously I can’t!
Sunday has some good matches on Sky, but I’m on the train going to Wigan and back to watch Ipswich. At least Virgin’s trains are higher up the speed and reliability scale compared to their broadband.
So BT Sport’s deal of free football with broadband, is equivalent to a supermarket giving away burgers made of horsemeat. It may look good, but it’s not what you want.
I’m almost getting to the point where I put up a satellite dish for Sky.
But that is yesterday’s old technology and I would only rip it out again, when fibre optic broadband became available. I’ve no objections to Sky as a company, as they gave me good service, when I lived in Suffolk.
Fibre-optic broadband would give me everything I want. But when will someone deliver it to me? Or is Hackney too rural for it to be hooked up? On the other hand if Innerleithen, in the Scottish Borders can have fibre optic broadband, why can’t I?
BT are keeping the delivery date secret! Which of course means I can’t plan!
I have written to my MP, Meg Hillier, who is also the member for Silicon Roundabout and Shoreditch. She said this in a letter to me.
I am very aware of issues around broadband in Hackney, particularly in the Tech City area around Shoreditch. The growth of these cutting edge businesses in my constituency is an exciting addition but I am very concerned that the infrastructure to support their tech needs is not in place.
She obviously has more clout than any Hackney resident, so if you have a desperate need for fibre-optic broadband, I’d send her an e-mail. The best way is to use WriteToThem.
Some Can Do Customer Service
i returned back today from some shopping and found the tickets I ordered yesterday from Ipswich Town on the mat. And then after I’d been in for a few minutes, a courier delivered some Coagucheck strips from Roche, that I’d ordered from their web site on Sunday.
I’d also had a good shop, getting the cord trousers, I wanted for the winter, to replace the ones of the same make, I bought over twenty years ago. They’re still the same size.
There Are Three Clocks At Piccadilly Circus Station
Piccadilly Circus station, must be the one with most clocks in the booking office and ticket checking area.
There Are Three Clocks At Piccadilly Circus Station
The oicture shows the one by the booking office.
One of the staff told me it is for heritage reasons.
A Brompton Bicycle At West Brompton
I just had to take this photo.
A Brompton Bicycle At West Brompton
It’s probably not the first that has been taken.
Carluccio’s Gluten Free Bread Is In The Soup!
I had soup for lunch in Carluccio’s one day this week.
Carluccio’s Gluten Free Bread Is In The Soup!
The gluten free bread made excellent croutons.
Arriva And Stagecoach
This morning, I used buses from both these companies. In fact it was one from the first and three from the second.
What a difference though in the greeting, as I clocked in with my Freedom Pass. All except one of the Stagecoach drivers were stony faced, whereas the other two gave me a big smile and/or a grin in response to my thanks for getting on the bus.
It does seem though that the Arriva drivers are the more welcoming.
Long may London’s buses be on the whole, a friendly place for tourists and residents alike!
The Anonymous Widower 