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Markets Are Not Math!

This is a syndicated repost courtesy of Between The Lines. To view original, click here. Reposted with permission.

August 9 – The Wall Street Journal (Henny Sender and Kate Kelly): Quant funds – ‘quant’ stands for quantitative — generally operate by building computer models of market behavior and then allowing the computer programs to dictate trading. A recurring characteristic of the recent trouble in financial markets is that many lenders, funds and brokerages […]

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