Not that Vi needs my interjected defense here, but... -g-
dybdahl writes: "Sorry for keeping digging into this,[Vi] but I'm trying to understand why your view is so much different than many others.
It's quite possibly because she's one of the few math brains (PhD I believe) on the boards, let alone on the SI boards that even can come close to unraveling the hieroglyphics of this quant geek speak valuation graphic below.
Purportedly, only 6 or so people in the world can translate it such as that hedgefund quant in NY...James Simons, 68, of Renaissance Technologies who is one of the 6.
It was his fund that took the first huge, sophisticated individual demanded redemption hit in Early Spring 2007 as I recall from an Austrian based sophisticated investor who wanted out. By August that year, this whole OTC ball of wax unraveling was fully engaged.
This is my recollection of the of the news cycle print media explanations generated at that point in time.
The following graphic is an actual deriv math model example
Greek to me, but mostly not to Vi, I suspect, if given enough time. In case she misplaced her copy, I thought I'd post it for all to [sic]enjoy.
Not every SI thread who has our own version of Number's FBI consultant, Dr. Charles Epps. -g-
![](http://members.aol.com/nibbledgold/derivformula.jpg'<br><br><b>Is it any wonder, Pelosi, Frank, Paulson, Bernake, Reid, and Dodd</b> needed a glossary at the beginning of the "$700B" bailout cram course 1 week ago? <br><br>They still don't get it!<br><br>NEVER WILL, either!<br><br>My unanswered question is: how many of the 6 quant geeks, the equivalent of Simons will the bulk of this $700B bailout flow through to? Equally unfathomable is <b>'WHY?'</b><br><br>His personal take from this whole deal was 1.5Bil in 2005, followed by T.Boone Pickens at 1.4Billion.<br><br>All together now, on count of three...<br>ohhhh, isn't that just terrible????</span></td></tr></table></div></tr></td><tr><td colspan=99 class=) |
