## What it takes to be a CEO? A fun survey of literature.

##### Feb 4, 2020

Taking up the position of CEO means more than pressure from the board and investors. You’ll also face heavy scrutiny from academia. Whether or not a firm’s hiring and compensation committees use them as a reference, here are some of the findings that you may want to be aware of. Upon birth There are many things determined when you’re born. It’ll be naive to think that they matter less than anything else. ...

## Working Remotely on a Windows Machine from VSCode on a Mac

##### Jan 28, 2020

Now I only need a MacBook (1.3 GHz dual-core i5) to do all my work anywhere, thanks to a powerful workstation provided by the university. Yet the workstation is based on Windows 10 and sitting behind the university VPN. I don’t want to use Remote Desktop everytime I need to do some coding, so I decided to make it so I can code remotely on the workstation but from the lovely VSCode on my little Mac. ...

## Specification Curve

##### Nov 29, 2019

A couple of days ago, Rawley Heimer from Boston College visited our discipline and gave a seminar on research methods and journal publication insights for us PhD students. He’s an interesting guy and I was very impressed by a method he introduced to us - Specification Curve. Motivation More offen than not, empirical researchers need to argue that their chosen model specification reigns. If not, they need to run a battery of tests on alternative specifications and report them. ...

## Use WRDS Macros - WRDS/SAS Tutorial (2)

##### Nov 14, 2019

Most junior research students did not have any experience with data manipulation and analysis with SAS and the Wharton Research Data Services (WRDS), which motivates me about this tutorial series. This post explains how to use those handy macros on WRDS when you use remote submission, following the previous one on how to encode your WRDS password and use remote submission to run your code on the WRDS cloud. ...

## Display PageViews and List of Popular Posts on a Static Site

##### Sep 6, 2019

A static site, like this one based on Hugo, cannot easily display site statistics. But there’s a solution. When the page is loaded on the client side, a Javascript pulls the relevant statistics from my server then render it to the page. The server runs a small Python program to contact Google Analytics API in order to get the statistics and return to the frontend. We can even use it to build a list of popular posts. ...

## Beta - Unlevered and Levered

##### Sep 5, 2019

Beta is a measure of market risk. Unlevered Firm $u$ If a firm has no debt, it’s all equity-financed and thus its equity’s beta $\beta_{E}$ equals its asset’s beta $\beta_{A}$. This beta is also the unlevered beta, $\beta_{\text{unlevered}}$, since it’s unaffected by leverage. The unlevered beta measures the market risk exposure of the firm’s shareholders. Let’s call this firm $u$, Hence, we have: $$\beta_{\text{unlevered}}=\beta_E^u=\beta_A^u$$ This equality says that in an unlevered firm, the unlevered beta equals its equity beta and its asset beta. ...

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## LeGao to Make Your Own LEGO Mosaics

##### Aug 27, 2019

I made an online app that turns a picture into a LEGO mosaic, available at mingze-gao.com/legao. A few weeks ago, I went to the new LEGO flagship store at Bondi with my fiancee, Sherry, and we were impressed by the LEGO Mosaics – Sydney Harbour Bridge and Opera House in sunset, designed by Ryan McNaught (photo credit: jaysbrickblog.com). This mosaic is made of 62,300 bricks and took 282 hours to build. ...