AtomicQuote

Roger Lowenstein Quote

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

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.

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