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Marsden
Posts: 3829
Joined: August 20th, 2001, 5:42 pm

Do quant strategies add value to the world?

November 18th, 2008, 1:51 am

QuoteOriginally posted by: dionysiusQuoteOriginally posted by: Marsden"Do quant strategies add value to the world?"Quant strategies? Yes. Please elaborate.Well, think about the notion of a simple delta hedge: this tells you, to the extent that your model is accurate, what you have to eliminate any risk that cannot be reduced by increasing the frequency with which you rebalance. That has value, doesn't it? Without that, you might just flail away at controlling risk in your portfolio without realizing that you just haven't set things up correctly.
 
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Marsden
Posts: 3829
Joined: August 20th, 2001, 5:42 pm

Do quant strategies add value to the world?

November 18th, 2008, 1:53 am

QuoteOriginally posted by: CuchulainnI have been a member of Wilmott since 2004 but it's only in the last 6 months or so that 'meaning-of-like-type' questions have been posted. What's the reason in your opinion?I guess no one's had girl troubles until now. But I think it's safe to say that if you're worried about the meaning of "like," the relationship isn't going anywhere.
 
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psholtz
Posts: 101
Joined: May 5th, 2007, 4:07 am

Do quant strategies add value to the world?

November 18th, 2008, 3:40 am

QuoteOriginally posted by: actuaryalfredFollow-up question:Do casinos add value to the world?Depends what kinds of values are important to you..
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