I regard quants to be the good guys,” said Eric R. Weinstein, a mathematical physicist who runs the Natron Group, a hedge fund in Manhattan. “We did try to warn people,” he said. “This is a crisis caused by business decisions. This isn’t the result of pointy-headed guys from fancy schools who didn’t understand volatility or correlation. - http://kendroid.tumblr.com/post...
Spiralling galaxies of ignorance roll majestically against a backdrop of what looks like dark prejudice, dotted hither and thither with winking stars of snide innuendo. - http://kendroid.tumblr.com/post...
That’s the sole advantage of ageing: I can now effortlessly consolidate my regrets into one manageable block of misery. Otherwise, by the age of 44, I’d need complex database software just to keep track of precisely how many things I’m regretting at once. - http://kendroid.tumblr.com/post...