By pontiff on May 6, 2009. Via MarketSci blog, Eric Rosenfeld talks about the collapse of LTCM at MIT. Funny I can't find in any MIT literature an advertisement for the fact that 2/3s of LTCM had MIT roots? (Caltech, snarky snark snark) Tags finance Log in to post comments More like this He keeps talking about risk as "sigma". And he uses the word "uncorrelated" the way I would use the word "independent." He says that LTCM critics are anti-intellectual, and don't believe in rationality, but he doesn't believe in moments after the second moment! Log in to post comments
He keeps talking about risk as "sigma". And he uses the word "uncorrelated" the way I would use the word "independent." He says that LTCM critics are anti-intellectual, and don't believe in rationality, but he doesn't believe in moments after the second moment! Log in to post comments
He keeps talking about risk as "sigma". And he uses the word "uncorrelated" the way I would use the word "independent."
He says that LTCM critics are anti-intellectual, and don't believe in rationality, but he doesn't believe in moments after the second moment!