Quote from Trader666:
Nice try but everyone knows how grad students co-author papers with professors. However, your pseudointellectual "criticism" of the paper clearly implied you had no idea who Lo is.
It is important to know who Lo is and who Lo isn't.
His financial career studies began at a place where I had a lot of colleagues since my academic ID there was just like that of those from whom he took courses. He graduated and moved on to the usual stuff that people pursue to get faculty credentials at assorted places.
Now as stated he does financial engineering at Tech as does Derman at Columbia.
For example, Julian Jaynes (of Bicameral mind fame) had a grad assistant at Princeton. She chose to come over to Philly and work for me. (the specialty was psychology) Later, she went to Tech as the Ida Green Scholar. She did papers (meaning co authored) for the guys I mentioned above at Tech, and coincidentily, I had a regional office in the area, too. She had a name change at that time and as you found out she wrote a lot of books as a coauthor with me when we returned to the Philly and Washington areas. Check out the NTIS citations and you will see the names there too.
It may be that you have not spent a decade or so in academia and, therefore, you have nevr been in the loop. Academic people go in three directions: more academia; consultingin the private sector; or doing government consulting. Over the course of time I did each of those and for very specific reasons as you research may have taught you.
Basically you are a non performer for an assortment of reasons which your peers can explain to you. I am not one of your peers.
If you ever do anything right or anything of value, I will fall in line and comment you. then you can use my commendation as a recommendation to others.
So far you have failed throughout your residence in ET.
What it comes down to is that if anyone happens to agree with you, they have not been able to assess what you don't do well correctly. they get the consequences.
It certainly is very helpful to me to have persons like you around. First I correct your mistakes and second I assign you work to do to get it right. You do not ever complete anything in the second category. But others do these things and grow as a consequence.
This thread, humorously and convnetionally, goes though explaining how "professionals" can create and manage funds to take and use money from the lesser informed to make personal wealth for themselves.
These professionals were classmates of guys like LO and now they are students like those Lo teaches. I admit that I have taught guys like LO and I have seen them pull off shennanigans like the fund used in the example which made the top 50 list in stark as cited by the ezzy references.
Do you think you could sketch out a block diagram which weights the block size according to the expense cash flow to provide a visual example for a student? Could you sit in a class and get the homework correct/ Could you pass any exam given by a person like me and get it through the grad student graders?
No, you can't, didn't and never will.
QED, as they say at Tech.
Keep up the humor, it is ,as they say, priceless.
