The economics expert with no degree

Discussion in 'Wall St. News' started by dealmaker, Jul 6, 2020.

  1. That's hilarious! Milton Friedman and Maynard Keynes! :) :) Well done.
     
    #51     Jul 11, 2020
  2. apdxyk

    apdxyk

    Exactly her words:"Milton Keynes". He simply quoted this gem.
     
    #52     Jul 11, 2020
  3. Change is the end result of all true learning.
    Learning doesnt have to be through degree :)
     
    #53     Jul 15, 2020
  4. SunTrader

    SunTrader

    I would be embarrassed making that flub.

    Then again, although I will never stop being proud of being an American, for the last 3+ plus I've been embarrrrrrrrassed how CombOver Orangeman has run this country .... into the ground.
     
    #54     Jul 15, 2020
  5. I suspect she was (IIRC, she right away admitted that she was wrong) but there is no reason for her to dwell on it and it's a mistake that plenty of people can make. For example, I do not remember the first names of Ito, Black, Scholes et al despite their work being a cornerstone of my professional life.

    PS. It would have been very cool if Black (of the Black-Scholes fame) would have collaborated with White (who created the Hull-White model) - we'd have a Black and White model to talk about
     
    #55     Jul 15, 2020
    SunTrader likes this.
  6. ironchef

    ironchef

    Of course. And the model is based on Brownian motion, so we should add Robert Brown's name to it and call it the Black White and Brown option pricing model. Now we are politically correct. :D
     
    #56     Jul 15, 2020