Lecturing Birds on Flying
Can Mathematical Theories Destroy the Financial Markets?
Pablo Triana
The book critically examines the reliance on complex mathematical models in financial markets, arguing that these models can lead to catastrophic consequences due to their inability to account for real-world unpredictability and human behavior. It advocates for a more pragmatic approach to finance that respects the limits of theoretical models and emphasizes the importance of experience and common sense in decision-making.
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