Perhaps the most useful thing you will read today…
“The risks of risk management“, Paul Wilmott, BBC, 5 December 2008 — Hat tip on this to Brad Delong. Excerpt (reformatted): You are in the audience at a small, intimate theatre, watching a magic show. The magician hands a pack of cards to a random member of the audience, asks him to check that it …
Perhaps the most useful thing you will read today… Read More »