How the BlackScholes/Merton equation made trillions of dollars. Go to https://www.eightsleep.com/veritasium and use the code Veritasium for $200 off your Pod Cover.
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A huge thank you to Prof. Andrew Lo (MIT) for speaking with us and helping with the script.
We would also like to thank the following:
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References:
The Man Who Solved the Market: How Jim Simons launched the quant revolution, Gregory Zuckerman. Penguin Publishing Group. https://ve42.co/GZuckerman
The Physics of Finance: Predicting the Unpredictable: Can Science Beat the Market? James Owen Weatherall. Short Books. https://ve42.co/FinancePhysics
The Statistical Mechanics of Financial Markets, J.Voigt. Springer. https://ve42.co/Springer
Black, F., & Scholes, M. (1973). The pricing of options and corporate liabilities. Journal of political economy, 81(3), 637654. https://ve42.co/BlackScholes
Cornell, B. (2020). Medallion fund: The ultimate counterexample?. The Journal of Portfolio Management, 46(4), 156159. https://ve42.co/Medallion
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Jim Simons on Numberphile • Jim Simons (full length interview) ...
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Directed by Will Wood and Derek Muller
Written by Will Wood, Emily Zhang, Petr Lebedev and Derek Muller
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