December 2011
4 posts
isomorphismes asked: Have you read "The Blank Swan"? If so, what's your opinion on it?
Anonymous asked: What percentage of participants in the financial markets are profitable over various year periods?
Fifteen Fatal Fallacies of Financial...
15 Fatal Fallacies of Financial Fundamentalism. William Vickrey, 1996.
via Asymptosis
Alea: MacKenzie on the Single-Factor Gaussian... →
alea:
Or why simple models survive.
The availability of conceptual equipment can matter even if the theory underpinning the equipment is not understood -software systems allow traders with only a rough grasp of the theory of options or of CDOs to calculate implied volatilities or base correlations-…
