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Mathematics in Investment: A Review of Two Trade Textbooks
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A 3 page overview of Nicholas Dunbar's "Inventing Money: The Story of Long-Term Capital Management and the Legends Behind It" and Roger Lowenstein's "When Genius Failed: The Rise and Fall of Long-Term Capital Management". Each of these books detail specific mathematical applications in the finance trade. The author of this paper explores their coverage of the Black-Scholes Formula and its role in the collapse of the massive hedge fund Long-Term Capital Management. Bibliography lists 3 sources.
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Pages:
3
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Filename:AM2_PPmathTx.rtf |
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Paper Title:
Mathematics in Investment: A Review of Two Trade Textbooks
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