Traders, guns & money: knowns and unknowns in the dazzling world of derivatives Quotes - QuotesSweet | quotesweet.com

Book: Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives
Quotes of Book: Traders, Guns & Money: Knowns

Satyajit Das _ Traders, Guns & Money: Knowns
Fashion models and financial models are similar. They bear a similar relationship to everyday world. Like supermodels, financial models are idealized representations of the real world, they are not real, they don't quite work the way that the real world works. There is celebrity in both worlds. In the end, there is the same inevitable disappointment" - Satyajit Das, Traders, Guns & Money
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Satyajit Das _ Traders, Guns & Money: Knowns
Risk management seemed to have completed its transformation into pure entertainment. Dudley seemed the epitome of a risk manager who would drown crossing a river that was 12 inches in depth .
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Satyajit Das _ Traders, Guns & Money: Knowns
The truth is that banks are the last feudal kingdoms, their rulers omnipotent, divine warlords. Their key lieutenants are 'ronin' {wandering mercenary samurai} who roam financial markets ready to ally themselves to any warlord for a share of plunder. This is not the place to apply the latest management theory."
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