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Bernard M -- Taipei English Tutor

Bernard M - English Conversation / TOEFL / IELTS 一對一英文會話

Wednesday, October 1, 2008

The Midas Formula FROM BBC

"The Black Scholes formula was invented 25 years ago, by three young mathematicians. They had been trying to solve a problem that had plagued economists for centuries - how to counter the randomness of market forces and the irrationality of human behaviour that made the markets dangerously turbulent. Whilst pondering this dilemma, they made a remarkable discovery."

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