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Parties pick candidates for finance board
“He has a financial background and he brings enthusiasm and wants to contribute to the future of the political party,” Mallozzi said. The Republicans: Jerry Bosak, an incumbent first elected to the board in 2009. “Gerry has served tirelessly on the Board of Finance,” said RTC member Cristina Andreana . “He’s gained the respect of all members of that board and he’s always managed to stand for Republican values.” Sal Gabriele, who represents District 16 on the Board of Representatives . “He’s been on the Board of Representatives for six years now and diligently exposed the corruption or whatever goes on down there,” said RTC member Phil Balestriere .
Why do physicists gravitate towards jobs in finance?
There are mathematical links between physics and finance that go back at least to 1900, when Frenchman Louis Bachelier wrote his Theory of Speculation, in which he used the mathematics of a random walk to analyse fluctuations on the Paris stock exchange. Five years later, the same ideas were used by a young Albert Einstein to explain why pollen grains zigzag when they are suspended in water. His explanation invoked the idea that very large numbers of tiny molecules, much smaller than the pollen grains, are responsible for kicking the grains around. This was a crucial insight and provided one of the earliest convincing confirmations of the existence of atoms. To make the parallel with the financial markets, we might say that stock prices are kicked around by myriad unknown factors in the marketplace.