Derman

[SpaceTimeMorph]

@sna is looking for some insight here into the treatment of volatility in Emanual Derman's book - assuming from the title of his original post. Much of the genuine quant talent that was/is here is either hiding in the weeds or moved to a genuine institutional messaging site.

I would rather see if he knows where the caps lock key on his keyboard resides first... then maybe we can move on to finite difference grids.

It’s like when I was in boot camp and my chief would say, “we have to make sure you can fold underwear properly first before we let you blow people up.”

 

[Aquarians]

IFWEREATITWHYEVENVSESPACESANDPUNCTVATIONLETSWRITELIKETHEROMANSDID