Articles

Gambler’s Ruin: Wilmott Magazine Article

22nd September 2017 admin 0

Ruination leads to enlightenment; tough, but true – Aaron Brown The term “gambler’s ruin” is used fora number of statistical ideas whose common denominator is predicting the eventual outcome of a series of repeated bets. […]

WILMOTT Magazine

Wilmott Magazine: July 2017 issue

25th July 2017 admin 0

Volume 2017, Issue 90. Pages 1–60 Every issue we bring you original material from some of the best columnists, educators and cutting-edge researchers. In this issue: Bibliography “Contents,” Wilmott, vol. 2017, iss. 90, pp. 1-1, […]

Paul's Blog

Jeremy Corbyn: My Part In His Ascent

6th July 2017 Paul 0

First, disclosure: I am rather right wing, from the school of “take some of my income in taxes but otherwise leave me alone, please.” And as a general rule I believe that the Conservatives are the […]

WILMOTT Magazine

Wilmott Magazine: May 2017 issue

25th May 2017 admin 0

Volume 2017, Issue 89. Pages 1–72 Every issue we bring you original material from some of the best columnists, educators and cutting-edge researchers. In this issue: Bibliography “Contents,” Wilmott, vol. 2017, iss. 89, pp. 1-1, […]

News

Ed Thorp: How Did You Do It?

4th May 2017 Editor 0

By Nicholas G. Colon A few times in every generation a person comes along that makes a significant impact on the world.  Rare or lucky are those that can do this. And then there are […]

Articles

Volatility: Time and Black–Scholes–Merton

23rd April 2017 Editor 0

The formalism of Black–Scholes–Merton knows of no such thing as the past or the future. When it models the stochastic process of the underlying asset price as Brownian motion and symbolizes its volatility by σ, […]

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