The Midas Formula?
Here’s a short documentary to end the weekend; chronicling the discovery and use of the Black-Scholes model from its infancy to LTCM’s collapse, this BBC production sheds some light into the minds of the academics who pursued it, the traders who loathed and then praised them, and how it changed the way options are being traded ever since.
The first few parts are a bit dragging though, somewhat over-dramaticized, and the narrator made me sleepy but all in all its pretty good stuff.
Videos after the jump.
People like Coldplay and voted for the Nazis, you can't trust people Jeremy