A nice article that explores many areas . . . and captures some of the truth. Organic mechanics By Clive Cookson, Gillian Tett and Chris Cook, ft.com Published: November 26 2009 21:43 | Last updated: November 26 2009 21:43 What do you call a financier in search of the iron laws of human behaviour? Answer: [...]
The celibate were inoculated, the promiscuous intoxicated !
December 5th, 2009 · No Comments · Markets
Tags: Basel·Derman·models·quant
Emmanuel Derman : The Financial Modelers’ Manifesto
January 8th, 2009 · No Comments · Markets
The Financial Modelers’ Manifesto Posted At : January 8, 2009 3:14 PM | Posted By : Emanuel Derman Related Categories: Models The Financial Modelers’ ManifestoPreface A spectre is haunting Markets – the spectre of illiquidity, frozen credit, and the failure of financial models. Beginning with the 2007 collapse in subprime mortgages, financial markets have shifted [...]