Viewed: 97 - Published at: 5 years ago

But after Kapor took Merton's finance course, he decided that quantitative finance was less a science than a faith - a doctrine for ideologues "blinded by the power of the model." It appealed to intellectuals who craved a sense of order but could lead them disastrously astray if markets moved outside the model.

( Roger Lowenstein )
[ When Genius Failed: The Rise ]
www.QuoteSweet.com

TAGS :