d*****r
发帖数: 2583 | 1 关于现在的金融危机和数学model.
http://mitworld.mit.edu/video/659
“I’m not defending complex structures, I’m just saying to you that’s not
anywhere near the answer, or even the main answer, in my view. If you have
housing come down, as it did as an underlying asset you’re going to have
those effects in the most vanilla of securities. Any virtue can become a
vice when taken to its extreme. Only a crazy person would have a
mathematical model just running -- (and) you go off fishing. ”
Robert C. Merton | n****e
发帖数: 2401 | | a**y
发帖数: 56 | 3 Any virtue can become a
vice when taken to its extreme.
这种话有意义么？ | d*****r
发帖数: 2583 | 4 这个是呼吁大家不要把矛头都指向做数学模型的人。
【在 a**y 的大作中提到】
: Any virtue can become a
: vice when taken to its extreme.
: 这种话有意义么？
| n******t
发帖数: 4406 | 5
not
have
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Actually this is what James Simon is doing now. hehe
【在 d*****r 的大作中提到】
: 关于现在的金融危机和数学model.
: http://mitworld.mit.edu/video/659
: “I’m not defending complex structures, I’m just saying to you that’s not
: anywhere near the answer, or even the main answer, in my view. If you have
: housing come down, as it did as an underlying asset you’re going to have
: those effects in the most vanilla of securities. Any virtue can become a
: vice when taken to its extreme. Only a crazy person would have a
: mathematical model just running -- (and) you go off fishing. ”
: Robert C. Merton
|
|
