Monday, October 13, 2008

Scumbag quants

12 comments:

Tecumseh said...

Perils of Analysis, in full view. If we'd stuck to commuting diagrams and the like, we wouldn't be in this deep mess.

Mr roT said...

I think I should agree with you, but this is more Ito calculus crap.

Arelcao Akleos said...

Ito Calculus is actually quite beautiful, it has just been used for Evil.

Arelcao Akleos said...

I blame the computer programmers :)

Mr roT said...

I blame crazy Bible-thumpin' wild-eyed repro-nuts!

Pepe le Pew said...

Ito ?

Mr roT said...

Ito.

My Frontier Thesis said...

I recall an Irish Dogg friend of AA and mine being offered a swank Wall Street statistician job. He asked about theories and results, and wondered aloud to the other statisticians what one does in Wall Street when the latter doesn't match up with the former. Their response: "We change the model to fit the figures, and then forward positive projections..."

Yes, in light of this the Irish Dogg found another pursuit, something far removed from Wall Streets of downtown NYC.

Tecumseh said...

Ito is like 93. What does he say about the uses and colossal misuses of his effing calculus?

Tecumseh said...

Nash and ... Krugman? Oh, gimme a break. It's simply a different universe here.

Arelcao Akleos said...

Krugman is to Nash what Salieri was to Mozart.

Mr roT said...

Mozart sucked.