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Archive for March 10th, 2009

More about physicists in finance

Posted: Tuesday, March 10th, 2009 @ 5:28 pm in Foofy, General, Science | Comments Off

The New York Times has an interesting article about physicists in the financial world (”quants”):
By their activities, quants admit that despite their misgivings they have at least given cover to some of the wilder schemes of their bosses, allowing traders to conduct business in a quasi-scientific language and take risks they did not understand.