Charles N. Bressel, Ph.D
Charles N. Bressel, Ph.D
Stop FollowingCharles N. Bressel, Ph.D
ABOUT
Retired Aerospace Systems Engineer and Physicist (Ph.D, Physics MIT 1965.) HaShem Enthusiast, Gardener, Photographer. My career in sensor system engineering benefited through simulation and modeling using computers to perform design studies, system performance analysis, data assessment, and risk assessment. As the saying goes, "when a "well known physicist says something cannot be done it will be accomplished within a year."
Early in my career, while at MIT's Lincoln Laboratory, which is physically in the next town, Lexington (;-). I worked with the ARPA Jason Committee. Exposure to such fine minds was quite beneficial. Many members were Nobel Prize winners, in a real science. I was fortunate ...More later to work at The Avco Everett Research Lab, in Everett (;-) AERL knew what town they were in! Our work was reviewed by Professor Hans Bethe of Cornell University, recipient of the Nobel Prize in Physics for analyzing the Carbon Cycle in the Sun. Other very important influences on my approach to analyzing problems were my High School teachers: Mr Seltzer, Mr Eisenberg, Mr Martino , and Dr. Ranucci. An equally important influence was Professor Larry Spruch at The Physics Department of NYU's Washington Square College, where I was an undergraduate. He taught me how to estimate things. His thesis was that a physicist should be able to analyze anything (not limited to physics problems) to within plus or minus an order of magnitude. That's a pretty wide spread. Once you practice, you can work those limits down considerably. It's much easier today with the advent of ARPA's Internet.
I have a new discovery... When financial or rather banking or economic gurus ALL say that something in their area of expertise can not be estimated, it will take (a physicist/systems engineer) less than a month. (Is it because the bankers/ financial miscreants do not know how, or they don't want you to know what they know? It makes you wonder...) Of one thing I am convinced, they do not understand how to use their risk management tools. The bankers have no understanding as to when the results they are getting with their risk managment tools are meaningful, when they are misleading at best, and when they are totally wrong...
The next thing I learned is that the purchasers of financial "products" do not spend significant time with, or even visit the manufacturing line, to see how the "product" is being put together and packaged. To understand the quality of the widget, you need to see the process. Strange they would not have done so. They relied on rating agencies, who also did not visit the issuing of a mortgage they would actually buy. Some for resale, and some to keep, because they were so "profitable" to service.
If you analyze the sensor date from a data gathering mission with a sensor mounted on an aircraft, the first person you talk to should be the pilot, then the operators, then the design hardware and software engineers... Is a pattern emerging?
I recommend that the current crop of economics advisors to President Obama study Norm Augustine's laws. They need to learn how to analyze complex systems. They need to study systems engineering and develop good alertness and common sense. This is the crop that has not demonstrated any of the necessary skills, and they want to keep their banker buddies on the job using pay raises and bonuses to induce them to remain. Why? You did ask, right? Beats me.
I now understand how to turn around the current recession in a clear, relatively inexpensive way. It should take six months to a year. I will be happy to do it for free if I can dole out the funds, and keep what's left over of the roughly $1.5 trillion already allocated for the financial and economic equivalent of remedial reading. Those funds won't generate any sustainable jobs. The word "sustainable" is very important. No one will deny that. I have not seen anyone else say they know how to do it. Am I an ego maniac? I doubt it. Any reasonably bright four year old could figure it out. Such a person has not been trapped into the demonstrably incorrect assumption set, outmoded ideologies, and failure laden modes of thought of the members of the President's council of economic advisors...
Early in my career, while at MIT's Lincoln Laboratory, which is physically in the next town, Lexington (;-). I worked with the ARPA Jason Committee. Exposure to such fine minds was quite beneficial. Many members were Nobel Prize winners, in a real science. I was fortunate ...More later to work at The Avco Everett Research Lab, in Everett (;-) AERL knew what town they were in! Our work was reviewed by Professor Hans Bethe of Cornell University, recipient of the Nobel Prize in Physics for analyzing the Carbon Cycle in the Sun. Other very important influences on my approach to analyzing problems were my High School teachers: Mr Seltzer, Mr Eisenberg, Mr Martino , and Dr. Ranucci. An equally important influence was Professor Larry Spruch at The Physics Department of NYU's Washington Square College, where I was an undergraduate. He taught me how to estimate things. His thesis was that a physicist should be able to analyze anything (not limited to physics problems) to within plus or minus an order of magnitude. That's a pretty wide spread. Once you practice, you can work those limits down considerably. It's much easier today with the advent of ARPA's Internet.
I have a new discovery... When financial or rather banking or economic gurus ALL say that something in their area of expertise can not be estimated, it will take (a physicist/systems engineer) less than a month. (Is it because the bankers/ financial miscreants do not know how, or they don't want you to know what they know? It makes you wonder...) Of one thing I am convinced, they do not understand how to use their risk management tools. The bankers have no understanding as to when the results they are getting with their risk managment tools are meaningful, when they are misleading at best, and when they are totally wrong...
The next thing I learned is that the purchasers of financial "products" do not spend significant time with, or even visit the manufacturing line, to see how the "product" is being put together and packaged. To understand the quality of the widget, you need to see the process. Strange they would not have done so. They relied on rating agencies, who also did not visit the issuing of a mortgage they would actually buy. Some for resale, and some to keep, because they were so "profitable" to service.
If you analyze the sensor date from a data gathering mission with a sensor mounted on an aircraft, the first person you talk to should be the pilot, then the operators, then the design hardware and software engineers... Is a pattern emerging?
I recommend that the current crop of economics advisors to President Obama study Norm Augustine's laws. They need to learn how to analyze complex systems. They need to study systems engineering and develop good alertness and common sense. This is the crop that has not demonstrated any of the necessary skills, and they want to keep their banker buddies on the job using pay raises and bonuses to induce them to remain. Why? You did ask, right? Beats me.
I now understand how to turn around the current recession in a clear, relatively inexpensive way. It should take six months to a year. I will be happy to do it for free if I can dole out the funds, and keep what's left over of the roughly $1.5 trillion already allocated for the financial and economic equivalent of remedial reading. Those funds won't generate any sustainable jobs. The word "sustainable" is very important. No one will deny that. I have not seen anyone else say they know how to do it. Am I an ego maniac? I doubt it. Any reasonably bright four year old could figure it out. Such a person has not been trapped into the demonstrably incorrect assumption set, outmoded ideologies, and failure laden modes of thought of the members of the President's council of economic advisors...
SNAPSHOT
- Description: Retired. Trading frequency: Daily
- Interests: Bonds, Dividend stock ideas & income, ETFs, Mutual funds, Options, REITs, Retirement savings, Stocks - long, Stocks - short, Tech stocks
COMPANY
Bressel Associates - Financial and Physical Systems Engineering Modeling and Simulation Would You Enjoy and Benefit By Using Our Brownie Point Factory?
1. If you are a Government Policy Guru or Government Career Person with responsibility for assessing, evaluating, and scoring impacts of various actions on the financial and economic health of the country, it is clear that you need our help. We ...More
can hit the deck running. We are not lobbyists, so we violate no ethical, moral, or political considerations of the new Obama administration.
Our approaches are based on extensive successful experience in systems engineering of physical systems. This has the advantage of not having been demonstrated to be ineffective in the areas you need to be smart about. Economic or political dogmas, ideologies, and assumptions do not enter into the picture. You can get the help you need right away. We have had significant clearances. Little vetting is required, since we are not lobbyists or political policy setters.
We can help your folks by showing them how to avoid the simple yet glaring mistakes of the past whose impacts on our national, regional, state, county, and municipal economies and individual morale have been so dramatic and disastrous. Standard risk assessment and management techniques form the Systems Engineering world can be applied to the Regulatory, Financial, Banking, and Economics world. Amazing isn't it? We can show your team how to be in control and not be snookered or suckered.
We can help you to set up procedures to detect the simple but oh so dangerous scams that have become systemic in the US (and world) economies.
2. If you are a Banker or a Business Expert or a Defense Engineering Firm doing business with the US Government, it is very likely we can be of great help to you. I believe in keeping my customer (that's you) and your customer happy. My team will look out for your interests in ways you may not have thought about. (Experience counts.) We can show you how to provide what your customer needs before he/she has to ask for it. We can make your reports and presentations much more effective. You would be amazed how easy it can be to impress your technical monitors by showing them your actual accomplishments to date, on their program, in clear understandable, quantifiable ways. You want to make sure they will understand enough so they can brief their bosses.
3. If you need development of, or review of, simulations and models of your remote sensor system at various levels of fidelity leading toward Validation, Verification, & Accreditation, we can help you to ensure your success.
4. If you need help in developing or evaluating your sim and modeling tools that will be used from design, through development, manufacturing, acceptance testing, and tests of off-the -shelf stored items; to ensure meeting all specs, I and my associates can be of great help in ensuring your success, and your customer's success.
No surprises. We make you and your team look good.
BLOG
Currently, there are no blog details for Charles N. Bressel, Ph.D.
Book
Currently, there are no book details for Charles N. Bressel, Ph.D.
Latest Comments
more »
- Here are some excerpts from... on Four Reasons We're Headed Even Higher
- This is not my field, but I... on What the Shape of the Yield Curve Is Telling Us
- Thank you for this very tim... on Tokyo Silent on Yen's Surge, Nikkei Plunge
- Greg Harris,Thanks for your... on Estimating the Risk in Citigroup Stock and Bonds
- dckleins, You seem to reall... on Estimating the Risk in Citigroup Stock and Bonds
Latest comments on Charles N. Bressel, Ph.D's Articles
- Pooch on Estimating the Risk in Citigroup Stock and Bonds
- Charles N. Bressel... on Estimating the Risk in Citigroup Stock and Bonds
- Charles N. Bressel... on Estimating the Risk in Citigroup Stock and Bonds
- Charles N. Bressel... on Estimating the Risk in Citigroup Stock and Bonds
- Charles N. Bressel... on Estimating the Risk in Citigroup Stock and Bonds
LATEST ARTICLES & INSTAPOSTS
more »
