-rePost-Recipe for Disaster: The Formula That Killed Wall Street

Image by SUPERL0L0 via Flickr Thanks to Paul Wilmott for the pointer here. I learned a lot from this article by Felix Salmon and its somewhat fun to read! In the world of finance, too many quants see only the numbers before them and forget about the concrete reality the figures are supposed to represent. […]

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rePost: Excellent Ranty Advice from Paul Wilmott:Paul Wilmott’s Blog: Copulas and Cults

Image via Wikipedia Can’t say I blame him.  People generally hate being different in a real way. The way I observe things, it seems most people just want to stand-out in the center of attention kind of way and not in the different trailblazing kind of way that I admire! What you think of as […]

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