What about the other songs?
https://en.wikipedia.org/wiki/Norway_in ... ng_Contest
"Norway also has the two dubious distinctions of having finished last in the Eurovision final more than any other country".
Exactly! It's all downhill."Norway also has the two dubious distinctions of having finished last in the Eurovision final more than any other country".
good skiers \(\neq\) good singers!!
And traders.Single formula? LOL! Only children need things reduced to a single formula.Do we have a BS of human behaviour? A single formula describing rigorously the most important factors of human behaviour? If not it's carving of the air.Well then what about using QF modeling techniques on human behavior?
What if every financial instrument is really a derivative who's underlying is humanity?
And traders."reduced to a single formula.
It's seems to be a bit likeIs it reasonable to assume that there is not that much innovation as there is not much in terms of new products? The structured products investment and trading grinder to a halt in 2008/'09 and most advances in Quant trading these days are done with AI approaches (=Black Box = no material for papers). So it's not that surprising that there's not much new is going on in quant research, no?
luckily for them, the silent trader (their driver) has already ordered 3 new cars and an airplane to drop them now! (puhhh academics) (and yes naturally electric cars, low emission)It's seems to be a bit likeIs it reasonable to assume that there is not that much innovation as there is not much in terms of new products? The structured products investment and trading grinder to a halt in 2008/'09 and most advances in Quant trading these days are done with AI approaches (=Black Box = no material for papers). So it's not that surprising that there's not much new is going on in quant research, no?
An engineer, a mathematician, and a computer programmer are driving down the road when the car they are in gets a flat tire. The engineer says that they should buy a new car. The mathematician says they should sell the old tire and buy a new one. The computer programmer says they should drive the car around the block and see if the tire fixes itself.