Zatera Ul

More about physicists in finance

Filed under: Foofy, General, Science — March 10, 2009 @ 5:28 pm

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.

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