On Jan 11, 2012, at 10:45 AM, HansBKK wrote:

> That's why I opted for the old-fashioned "political economic philosophy" for 
> my self-designed major, I quickly saw that statistic-based "scientific" 
> economics was far from exact and IMO just not that interesting. . .


Continuing OT:

Good for you. They seem not to have learned much from the recent/current 
crisis. Their formulas leave out a lot that that can turn their predictions 
upside down. Never mind, they're beautiful.

Oh, and Derman knows whereof he speaks. He's a physicist turned finance quant. 
Check out the wikipedia article on him. 
<http://en.wikipedia.org/wiki/Emanuel_Derman>

Regards,
------------------------------------------------------------------------------------------
Eric Weir
eew...@bellsouth.net

"The invincible shield of caring
Is a weapon sent from the sky 
against being dead." 

- Tao Te Ching 67







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