Emanuel Derman “you can’t use quantitative methods to describe the market”. Use quant to ANALYZE markets
Emanuel Derman “you can’t use quantitative methods to describe the market”. Use quant to ALALYZE markets From the NYC contact for this “you can’t use quantitative methods to describe the market” He is right of course, the market index like the SPX can be described as a robust fractal pattern with no exact math formula. …
