The No Free Deliciousness Principle

[Mike_B]

See Emanuel Derman's guest post on ft.com/alphaville.

http://ftalphaville.ft.com/blog/2011/10/14/702661/

 

[euroazn]

Haha! Wonderful satire of the oversimplification of quant models. Derman is truly a genius.

 

[Mike_B]

Haha! Wonderful satire of the oversimplification of quant models. Derman is truly a genius.

I agree.

If you enjoyed that post, I've come across more good stuff on Derman's blog on Reuters ---> http://blogs.reuters.com/emanuelderman/

 

[Lyosha]

I remember when he gave us this talk at ARPM. I was going to ask for a copy of the presentation, but I guess now I don't have to

 

[Joy Pathak]

^^ haha Yeah. It was funny when he gave the presentation for that. Good laughs.

 

[bob]

As I was watching his talk at ARPM, which was fantastic, it occurred to me that it must be something of a curse to be a funny quant.