Gosper's Algorithm Meets Wall Street Formulas 124
peter.hill.1980 writes "Wall Street's money making formulas need to be as explicit as possible for efficiency purposes. An old, existing and famous formula — binomial options pricing formula — has now been scrutinized for theoretical optimality in a forthcoming paper by Evangelos Georgiadis of MIT using Gosper's Algorithm, proving that no general explicit or closed form expression exists for pricing."
Re:be an American (Score:5, Insightful)
Why do Americans across the country not simply not occupy Wall Street?
Why have you been so effectively programmed to accept the shit you're fed?
Not a statement against sound long-term investment, but against casino capitalism and cronyism.
I come from a country which has experienced a revolution in my lifetime.
Why can't you?
Because we can't get the time off work..
Re:Hurh? (Score:4, Insightful)