re: Analytical Wizard Required ... mangrove Hi mangrove ... yes...

re: Analytical Wizard Required ... mangrove Hi mangrove ... yes ... Enron had access to a super-computer and the sort of program you mention ...

The was also the dude at Barings who crunched some serious numbers also ...

John Nash created the Equilibrium theorum, from which Black, Scholes, Merton also made significant contributions ... and for which all received Nobel prizes. (Black died prematurely missing out)

Their venture into the 'real world' via a hedge fund nearly brought down the global financial markets in 1983(?) forcing the US Fed into a US$3.5billion bail out.

You are correct concerning 'probability' ... the real number crunching revolves about 'risk-neutral' strategies ...

Gamblers occasionally beat the House ... the guy who worked out a way to 'count cards' playing Blackjack succeeded only in getting a life ban for his trouble ... he now runs Seminars for a living ... lol

Cheers ...


This is only my view ... read the red stuff.