Paul's Blog
Good Risk Management Techniques Do Already Exist
In the popular press I keep reading about how quant models need to be improved. It’s not as simple as that, but nor is it so subtle for the journalists to have to dumb down. […]
Month: March 2009
Paul's Blog
Control Reversal
There’s a well known phenomenon in aerodynamics in which a plane’s flight controls appear to do the opposite of what is intended. This can happen at high speed, for example. (I have a vague memory […]