4 ms·
not our fault. government monopolized research and then took a dump on it. wall street pays what we're worth. universities do not. besides, black scholes equat
by wayn3 9y ago
not our fault. government monopolized research and then took a dump on it. wall street pays what we're worth. universities do not.
besides, black scholes equation and heat equation are essentially the same thing. if "quants" figure something out, that can be backpropagated into research on the heat equation. several centuries later when the patents fizzle out.
- SirLJ 9y agoOh, I don't blame you, I do in fact wish I came to the same realization much sooner in life, especially since started to design systematic trading algos and drawing more and more income form the stock market...
- wayn3 9y agoi blame the fucked up academia situation. i'd rather work on interesting things. but i'd more rather make money.