June 10th, 2004, 8:14 am
"Do you really want a profoundly inebriated person, who probably, being a member of this forum, is all thumbs even when sober, changing your sons diapers?"You mean, all this guff everybody here spews about 'volatility surfaces' and the applications of topology mathematics to correlation and making alpha out of it is all nice in *theory* but that nobody here can put one simple manifold on another (albeit wiggling) manifold?<sigh!>Typical quants. Implimentation and calibration are beyond what they know is the appropriate best fit.<sigh....> Back to managing my high yield fund with weighted average duration and convexity. And I had such hopes.