4 ms·
What do you have that relies on future performance? It's not a matter of what's available but rather how one treats risk. I expect experts to have more sensibi
by pxlpshr 18y ago
What do you have that relies on future performance?
It's not a matter of what's available but rather how one treats risk. I expect experts to have more sensibility than to bet the entire financial well-being of a company, employees, and public investors when dealing with 'invented' high-risk assets just because a computer said "Okay".
Less than a decade ago everyone was freaking about because banking software might cause a financial melt thanks to a Y2K bug, little did we know the real impending crash was user-error. :)
Just a thought.
- anamax 18y ago> I expect experts to have more sensibility than to bet the entire financial well-being of a company, employees, and public investors when dealing with 'invented' high-risk assets just because a computer said "Okay". That's nice, but has nothing to do with what happened. "experts" decided that a particular equation with specific inputs said something relevant about "value". There wasn't a "computer" saying "okay". Said experts merely used computers to evaluate said equation.
- pxlpshr 18y agoObviously! Next time I'll be sure to be more explicit.
- anamax 18y ago>>What do you have that relies on future performance? >It's not a matter of what's available but rather how one treats risk. The stated complaint was that folks weren't looking at future performance. If doing so is impossible .....