Oslo Stock Exchange May 9

Paul Wilmott came over from London and gave a wonderful talk about Black Jack and the Kelly criterion. I followed up with a speech around my new book Models on Models. In particular I focused on the non-Robustness of delta hedging to get risk-neutral valuation, and then how to hedge options with options as well as the partly forgotten and ignored ancient knowledge of option trading, hedging and pricing.

About 120 people attending, and there was hardly space for more. It was all held in nice surroundings at the Oslo Stock Exchange. The people at the Exchange had done a wonderful job putting it all together.

After the presentations there was a panel debate, and then refreshments with opportunity to take a look at some derivatives ”art” and lively discussions about derivatives, math, art, trading..... lasting long past midnight (for the most hard core "quants").

The book is now in print, but I have not seen it yet, I hope to have it in my own hands next week!