valueplays.blogspot.com - 12/10/2008
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Had this emailed to me by a reader... The risks of risk management Banks now employ thousands of highly-qualified mathematicians to quantify risk for them. So why did they not foresee the credit crunch? Quantitative finance lecturer Paul Wilmott explains how a failure to see beyond the ...
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Wednesday links: trade trends
Abnormal Returns —
... “A lot of mathematics is no substitute for a little bit of commonsense and an open mind.” (Value Plays) ...
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