3 ms·
Readers would also enjoy the story of LTCM. http://en.wikipedia.org/wiki/Long-Term_Capital_Management http://en.wikipedia.org/wiki/Long-Term_Capital_Management
by j2d2 18y ago
Readers would also enjoy the story of LTCM.
http://en.wikipedia.org/wiki/Long-Term_Capital_Management http://en.wikipedia.org/wiki/Long-Term_Capital_Management
- chollida1 18y agoThough they worked in bond arbitrage and didn't use Black Scholes:)
- steveplace 18y agoThey used options on bonds. High leverage + quant statistical method + six sigma event = fun.
- j2d2 18y agoMyron Scholes worked for them...