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Yusuf Arslan
The maths formula linked to the financial crash - http://www.bbc.co.uk/news...
The maths formula linked to the financial crash
"If I own just the right portfolio of beef, plus options to buy and sell beef, I have a delicious and totally risk-free portfolio." - Yusuf Arslan from Bookmarklet
"There was not an ability to withstand the shock that occurred in the market in the summer and fall of late 1998. So it was just a matter of risk-taking. It wasn't a matter of modelling." - Yusuf Arslan
"And it wasn't just that equation. It was a whole generation of other mathematical models and all sorts of other techniques that followed on its heels. But it was one of the major discoveries that opened the door to all this." - Yusuf Arslan
"The fundamental issue is that quantitative technologies in finance will survive, and will grow, and will continue to evolve over time." - Yusuf Arslan
Konuda bahsi geçen model: http://en.wikipedia.org/wiki... - Yusuf Arslan
The year after Myron Scholes won the Nobel prize, his hedge fund crashed. - Emre Sevinc
Bilmediklerinden değil, Mandelbrot gibi bir dehayı işlerine geldiği için umursamamalarının sonucu.. http://blogs.reuters.com/justinf... - Gökhan Yu
@Emre haha. - Ahmet Yükseltürk