"darling"? "made up evidence"? Are you employed by Microsoft? Others may have provided this URL: "What We Know About Spreadsheet Errors" by Raymond R. Panko ht

"darling"? "made up evidence"? Are you employed by Microsoft? Others may have provided this URL: "What We Know About Spreadsheet Errors" by Raymond R. Panko http://panko.shidler.hawaii.edu/ssr/Mypapers/whatknow.htm http://panko.shidler.hawaii.edu/ssr/Mypapers/whatknow.htm The European Spreadsheet Risks Interest Group: http://www.eusprig.org/ http://www.eusprig.org/ Grammar correction: "if he was dead." <--- _were_ dead, _were_ dead! Luckily he's very much alive. From Nicholas Taleb's website at http://www.fooledbyrandomness.com/jorion.html http://www.fooledbyrandomness.com/jorion.html "My refutation of the VAR does not mean that I am against quantitative risk management - having spent all of my adult life as a quantitative trader, I learned the hard way the fails of such methods. I am simply against the application of unseasonned quantitative methods." Use of a paradigm that has such a high error rate is, at the very least, an "unseasoned quantitative method".