Jokes aside, Ajay getting emotional really affects me. If I can muster 1% of his passion in what I do, I think I would die peacefully. Thank you Ajay, you motivate in ways you don’t know you can.
@achutanadapana2519
Жыл бұрын
I felt immensely moved too, watching ( hearing ) Ajayji choke up with emotion, and the love, regard and commitment towards CR Rao. Thank you.
@pvijay55
Жыл бұрын
Yes, I too thought so!
@amitvarma
Жыл бұрын
Agree. Not just the passion, but the purpose.
@shenoyn
Жыл бұрын
What an absolute topper of an episode! First, I'm absolutely chuffed to see Ajay's recommendation, The Lady Tasting Tea. I bought this by accident at some book fair and read it several times. It awoke in me a love for the subject of statistics and an admiration for its pioneers. Salaburg tells those stories so beautifully! Another thing that resonated with me is when Ajay spoke about how his mind was filled with fascination when his econometrics professor gave the class a bird's eye view of the subject of statistics. I often feel that this is such an underrated thing. Especially in fields like engineering - I'm a practicing mechanical engineer and I invariably find young engineers perk up immeasurably when they get an overview of the different branches of the field. Why things are important, how they're connected to each other, how everything reduces to just a few simple principles, things like that. The enthusiasm that both of you, and especially Ajay - the breadth and depth of his knowledge and the passion with which he regards them is simply inspiring to me - is absolutely infectious I am lapsing into an old failing of mine when excited. A friend's dog, an extremely friendly Labrador, pees when he's super excited. I, for my part, write long comments comprising of long, interminably long sentences. Tldr, jug jug jiyo!
@amitvarma
Жыл бұрын
Lovely comment, thanks for this and please keep commenting! 🙂
@SreekarVanapalli03
Жыл бұрын
Amit every day, I am so thankful that I came across your podcast 5 years ago in a WhatsApp group that I had muted.
@harsh1kumar
Жыл бұрын
I am currently going down the rabbit hole of Julia. I have started to learn Julia and hopefully would contribute some package in future. Thank you Ajay for introducing me to the world of Julia
@Abhishek-ti5er
2 ай бұрын
Wonderful talk. ❤❤❤
@anirbanc88
Жыл бұрын
cool episode
@hgabliddilbagh
11 ай бұрын
Totally livened up my day. Thank you supreme readers.
@renujha2614
8 ай бұрын
Did Sir Ajay Shah came close to tears..... Oh My God. That was a moment. Beautiful
@ritz1119
Жыл бұрын
Wonderful conversation. Thanks for sharing it with the rest of us. I was so engrossed re-listening to the Russia-Ukraine episodes (both The Seen and the Unseen as well as Everything is Everything) that I forgot that I leave a comment of gratitude for that informative conversation in last week's release. Looking forward to the next episode. God I've become addicted to this series! Not that I mind... :-)
@rohanjaikishen
11 ай бұрын
Both of you are amazing! Thanks for putting this out, loved the bits on CR Rao, Julia, Mahalanobis and ISI. More power to you, Ajay and Amit
@shishir12789
Жыл бұрын
Great episode again! I knew about Mahalanobis before I listened to this episode and I often feel like he is the forgotten technocrat of the Nehru era. Nobody talks about him in the same sentence as Sarabhai or Bhabha. Side note, pitching an interesting idea for an episode with a similar concept - where you talk about the pioneers of law in the early independence era. I think there are some very interesting stories there too. Back to the topic, I had no idea about CR Rao and his contributions to statistics. It reminded me of the uncelebrated contributions of his namesake, UR Rao of ISRO. I think the ISRO mission control in Bangalore is named after him. Back to Mahalanobis again. I forgot where I know this from, maybe the seen & the unseen. I think Mahalanobis used to visit Eastern Europe frequently when he was the head of the National Sample Survey and helping with the 5 year plans. I think that was his first encounter with computers. He was also maybe successful in importing computers to India from some Communist country. Despite such early encounter of the founder of the ISI with computers, I wonder why computational statistics never caught on in academia. It seems like the initial conditions were right, and I hope it's only a case of science progressing one funeral at a time.
@ajayshah5705
Жыл бұрын
Did you know, U R Rao is the brother of the economist M Govinda Rao. :-)
@murlimenon2291
11 ай бұрын
Thanks to the KZitem algo's and a ''moment of serendipity'' that i came across your YT channel. It just blew me away. Love the easy paced conversation and the information. Have you done a episode on Nikola Tesla? 5.93 k subscribers shocks me. Even the most ''mundane YT channels''have more. May the tribe increase; thank you gentlemen!!!
@joeljsamson9284
Жыл бұрын
As someone who is starting out in data science and analytics, everything this episode offered indeed helped me have a great time. Definitely my favorite episode. Thanks Ajay and Amit. Also, as of now I've been limited to Python but have heard alot about Julia and now will definitely learn it in near future
@suvachattopadhyay1
Жыл бұрын
What a lovely episode! The stories were lovely and both Amit and Ajay were in a jovial mood. Excerpts about PM read by Amit were brilliant. Shane's books are lovely. And BTW he has a new book - Clear Thinking. For the survivorship bias, Ajay's explanation was easier.
@caravaggio2352
11 ай бұрын
Comment for the algorithm, hopefully reaches to a wider audience. All the best
@rushabhsagara8766
Жыл бұрын
What an episode!
@kaberibhattacharya6354
10 ай бұрын
57:18 I enjoyed this so, so much! Some fascinating stories! Also, I'm a little afraid to look up "autoerotic asphyxiation"!
@anirbanc88
Жыл бұрын
ajay sir, you are awesome, need more maths episodes, it feels very Steven Strogatz like, can you have him on the show too :) plissss
@NARAYANAMBA
11 ай бұрын
Orgasimic presntation by Dr Ajay Shah. Salute to u sir
@prakharsingh4815
Жыл бұрын
Thank you!
@oflavia2910
7 ай бұрын
In the spirit of mininalism, it's " Everyone should read it" Vs " Everyone should buy it" 😊
@mamunurushankar3358
Жыл бұрын
The certainties of Science and Engineering leave many successful people in those fields unprepared for the complexity of the real world- Good observation by Mr.Ajay. As such, life is all about living with uncertainties without losing balance. Excellent Episode. Enjoyed it. In one of your future Episodes please discuss Nassim Nicholas Taleb, if possible.
@soodabhi
Жыл бұрын
This is how maths should be taught in our schools- we should train our teachers to do this - how can we create schools which churn put teachers like this
@ajayshah5705
Жыл бұрын
I thought, we bring our students to this show!
@soodabhi
Жыл бұрын
@@ajayshah5705 : youbg students won't appreciate the survivorship bias. Aeroplane example in WW2. You need teachers (adults) to appreciate this and then prepare students who can appreciate this later- step wise process
@a4anandr
11 ай бұрын
Wailing of the statistician's cat :)
@anirbanc88
Жыл бұрын
The statement "the journeyings of our director define a novel random vector" is a humorous way of saying that the director's travels are unpredictable and seem to have no discernible pattern.
@bobanmech
Жыл бұрын
He smiled😊
@waqarhussain7924
Жыл бұрын
Whoa !! what an exhilarating episode. Our formal education is such a scam. This is what true education looks like. Also, so many rabbit holes to dive into. Ajay Shah is a role model & Amit, you may have got a face for radio but your body language, especially your exaggerated hand gestures, is adorable and definitely meant for visual medium. Favourite episode till date & more power to you !! P.S. Come back to Unix and now Julia demo someday
@amitvarma
Жыл бұрын
Thank you. Many men have called me adorable.
@abhishekshah6438
10 ай бұрын
loved every bit of it.
@anirudhacharya4844
9 ай бұрын
Even I have a recco for this episode. A book that will be very relevant to folks who like this episode is - "How Not To Be Wrong: The Power of Mathematical Thinking" by Jordan Ellenberg. Incidentally, this book also has a chapter called "Abraham Wald and the Missing Bullets" which narrates the survivorship bias story that Amit mentions in this episode. The book also gives insight into Wald's personality, here is a small quote from the book - "Wald’s personality made it hard for him to focus his attention on applied problems, it’s true. The details of planes and guns were, to his eye, so much upholstery-he peered right through to the mathematical struts and nails holding the story together. Sometimes that approach can lead you to ignore features of the problem that really matter. But it also lets you see the common skeleton shared by problems that look very different on the surface. Thus you have meaningful experience even in areas where you appear to have none."
@anirudhacharya4844
9 ай бұрын
Ellenberg's book mentions one more story that illustrates the concept of survivorship bias that might interest you, the story is as follows - "In mutual funds, judging the performance of funds is an area where you don’t want to be wrong, even by a little bit. A shift of 1% in annual growth might be the difference between a valuable financial asset and a dog. The funds in Morningstar’s Large Blend category, whose mutual funds invest in big companies that roughly represent the S&P 500, look like the former kind. The funds in this class grew an average of 178.4% between 1995 and 2004: a healthy 10.8% per year( To be fair, the S&P 500 index itself did even better, gaining 212.5% over the same period). Sounds like you’d do well, if you had cash on hand, to invest in those funds, no? Well, no. A 2006 study by Savant Capital shone a somewhat colder light on those numbers. Think again about how Morningstar generates its number. It’s 2004, you take all the funds classified as Large Blend, and you see how much they grew over the last ten years. But something’s missing: the funds that aren’t there. Mutual funds don’t live forever. Some flourish, some die. The ones that die are, by and large, the ones that don’t make money. So judging a decade’s worth of mutual funds by the ones that still exist at the end of the ten years is like judging our pilots’ evasive maneuvers by counting the bullet holes in the planes that come back. What would it mean if we never found more than one bullet hole per plane? Not that our pilots are brilliant at dodging enemy fire, but that the planes that got hit twice went down in flames. The Savant study found that if you included the performance of the dead funds together with the surviving ones, the rate of return dropped down to 134.5%, a much more ordinary 8.9% per year. More recent research backed that up: a comprehensive 2011 study in the Review of Finance covering nearly 5,000 funds found that the excess return rate of the 2,641 survivors is about 20% higher than the same figure recomputed to include the funds that didn’t make it. The size of the survivorship effect might have surprised investors, but it probably wouldn’t have surprised Abraham Wald."
@Rohwit
Жыл бұрын
Amit showing off some complex headphones and all. Also, the unnatural sex practice book on his right. Hmmm. Gotta investigate. Marvelous episode. Now what do I do till next week?
@sanketkulkarni2390
Жыл бұрын
CR Rao was born in Karnataka
@hgabliddilbagh
11 ай бұрын
I find the book "The lady tasting tea" interesting but difficult to follow completely (stuck at page 100). Could you please suggest another book on statistics which is more accessible to noobs like me.
@vikramadityagautam6950
5 ай бұрын
Ohh my god
@Rohwit
Жыл бұрын
Cannot concentrate. Ajay’s right hand kalaava/rakhi is unbelievably hot. Ajay FTW!
@anirbanc88
Жыл бұрын
wow do julia vs mojo!!!!
@rounakdatta3225
Жыл бұрын
Amit kept us distracted all throughout the episode that he'll recommend the Encyclopedia of unusual Sex practices, but no - what kind of statistical miss is this! :)
@Inndjkaawed2922
11 ай бұрын
I urge you to read Yakshaprashna. That is one of the most important things for us to learn. An Indic way to question and debate. We can pull many a thread of thought and get better at asking questions and perhaps becoming better problem solvers
@waseemshoaib2673
11 ай бұрын
I must add the moral of the story is that Brigadiers not only boast about their longings in bed but also they boast about the longings in War by exaggerating the number of times they can fire!😂
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