Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (29462)	7/29/2009 4:17:20 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81507

Phil, thank you very much for the compliment but it's totally undeserved. BTW, my son taught me about Black-Scholes when he did his PhD thesis, I learned the statistics when I did some medical research, but it's all very rusty now. Interestingly, the Black-Scholes hypothesis is unsound and accounted for the collapse of LTCM. Those boys thought they could define the market mathematically but the market showed them they couldn't. Their equation, however, is still used for option pricing. amazon.com