In your interest.
Online Personal Finance Magazine
No beating about the bush.
Why did quantitative techniques fail in the recent bloodbath? It’s not the failure of the models; it was like driving on a road full of rogue drivers. You can get hit despite your skills
In the recent bloodbath in the US market, one set of traders in the $1.5 trillion hedge-fund industry was supposed to come out as winners - those who practise quantitative techniques. Instead, Goldman...