"What Happened to the Quants in August 2007?"
Paul Kedrosky (of Infectious Greed fame) points to a a terrific paper by Amir E. Khandaniy and Andrew W. Lo of MIT, “What Happened to the Quants in August 2007?”. I’ll confess that I have only skimmed it, but it looks thoughtful, has all the right caveats (the researchers admit they may not have and […]
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