International
The inauguration of the Center for Research in Financial Mathematics and Statistics at UC Santa Barbara featured three distiguished speakers addressing issues in financial mathematics and statistics. The talks are titled: A Practitioner's Overview of Mathematical Finance; Investments: Theory and Practice; Are There Central Problems in Finance? Series: "Voices" [5/2007] [Science] [Show ID: 12126]
The problem with these subjects are that they all look 'from within the box'. The real world is incredibly complex. Modeling financial markets it is more complex than modeling even the movement of gas (in which even with extreme knowledge of conditions leads to butterfly effects that cannot be predicted). None of the references include guys like Mandelbrot who would claim that these models are not suitable for economics.
By juliancochran [Affiliate User] 1238613747 Reply Spam [+0] Moderate Up Moderate Down Removems comput finance is bs,
they couldn't predict the crisis we see today.
best thing to do is invest in gold.
so this practitioner cant give lecture without reading from lap top.Not impressive- may be his memory capacity and ability of stochastic process are inversly correlated.
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