Comments on: Quants Still in Demand for Hedge Fund Jobs http://hedgefundblog.jobsearchdigest.com/198/quants-still-in-demand-for-hedge-fund-jobs/ Career Insights from the Hedge Fund Industry Tue, 15 Nov 2011 16:38:48 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Hedge Fund Job Posting | Hedge Fund Law Blog http://hedgefundblog.jobsearchdigest.com/198/quants-still-in-demand-for-hedge-fund-jobs/comment-page-1/#comment-435 Hedge Fund Job Posting | Hedge Fund Law Blog Sat, 10 Jan 2009 02:35:03 +0000 http://hedgefundblog.jobsearchdigest.com/198/quants-still-in-demand-for-hedge-fund-jobs/#comment-435 [...] Hedge Fund Job Blog - Alpha Calling » Blog Archive » Quants Still … [...] [...] Hedge Fund Job Blog – Alpha Calling » Blog Archive » Quants Still … [...]

]]> By: FinanceFreak http://hedgefundblog.jobsearchdigest.com/198/quants-still-in-demand-for-hedge-fund-jobs/comment-page-1/#comment-431 FinanceFreak Fri, 02 Jan 2009 12:40:59 +0000 http://hedgefundblog.jobsearchdigest.com/198/quants-still-in-demand-for-hedge-fund-jobs/#comment-431 Mathematical models or no mathematical models - the present crisis is just on account of too much greed and throwing all common sense to winds. What else can you call the so called Credit Default Swaps on Fixed income securities - when the total bond size is 25 trillion USD and the notional value of CDS is 63 trillion USD? Do you call this protection or pure gambling? Also one assumption underlying these mathematical models is 'assumption of unlimited capital' which is a fallacy. Mathematical models or no mathematical models – the present crisis is just on account of too much greed and throwing all common sense to winds. What else can you call the so called Credit Default Swaps on Fixed income securities – when the total bond size is 25 trillion USD and the notional value of CDS is 63 trillion USD? Do you call this protection or pure gambling?

Also one assumption underlying these mathematical models is ‘assumption of unlimited capital’ which is a fallacy.

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