(Paul Wilmott) "We don't need more complex economics models... We need simplicity and robustness. We need to accept that the models of human behaviour will never be perfect. We need to accept all that, and then build in a nice safety margin in our forecasts, prices and measures of risk."
(Paul Wilmott) "We don't need more complex economics models... We need simplicity and robustness. We need to accept that the models of human behaviour will never be perfect. We need to accept all that, and then build in a nice safety margin in our forecasts, prices and measures of risk."
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Wilmott - Serving The Quantitative Finance Community
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