Writer and Professor Emeritus of Financial Engineering at Columbia University
BOOK
Brief Hours and Weeks: My Life as a Capetonian
BOOK
Models Behaving Badly
BOOK
The Volatility Smile
BOOK
My Life as a Quant
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Why Is This Interesting? – The Tetragrammaton Edition
A single name–Bjork or Madonna–is grand. A single name with its own name is even grander.
Emanuel Derman on X
Adulthood, one could say, is when it begins to occur to you that you may not be leading a charmed life.”
Adam Phillips
“Trump is not profound. He has been the same person this whole time. The question is why so many others have refused to see what he has never bothered to hide.” Jamelle Bouie
Why could even some of my acquaintances not grasp this? Trump 1 Trump 2 nonsense excuses.
“They have proven far more capable of terrorizing Ukrainian civilians than gaining territory.” — @M_C_Klein
Russian War Spending May be Maxed Out
The official budget deficit surged last year, as did off-balance sheet military spending via the banking system and ...
open.substack.com
Contempt: what you feel when someone is characterized by all the qualities lacking.