3 ms·
It's interesting that Li himself thought knew traders were trusting the model too much. In theory, this knowledge could have made him a lot of money, but in pr
by jibiki 18y ago
It's interesting that Li himself thought knew traders were trusting the model too much. In theory, this knowledge could have made him a lot of money, but in practice it's probably difficult to correctly short the market (since he couldn't really know when the collapse was coming, or how big it would be.)