You guys!!!!!!!!!!!!!!!!! Come on! Surely startups in the present economy would be aware that predicting the future has been exactly the problem that got us int

You guys!!!!!!!!!!!!!!!!! Come on! Surely startups in the present economy would be aware that predicting the future has been exactly the problem that got us into this mess. If you didn't study it yet, get familiar with the history of the Black-Scholes model. The original quants behind Long Term Capital Management, and the quants today use the same math. Yes, it won the Nobel Prize in economics, but nobody said economists were brilliant mathemeticians (quite the contrary actually. In fact, the poor/dishonest reasoning of economists was the whole motivation behind the Post-Autistic Economics Review). The Black-Scholes is based on a calculus used to by rockets to predict their navigational path through space while seeking their targets. Any rocket scientist can tell you, it doesn't work out all the time. Continuous calculuses don't respond well to unplanned discontinuities. So you might get away with it for a little while, but eventually you'll be wrong. And the consequences will almost certainly be catastrophic. http://en.wikipedia.org/wiki/Black-Scholes http://en.wikipedia.org/wiki/Black-Scholes Stop it!