**** you, method of characteristics

[Ramo]

Clebsch-Gordon? I haven't seen that in ages. I got to play around in a Cartesian domain.

[chequita guevara]

I'm going to do far more social good in finance than in a physics department.

No, you really aren't.

[KrazyHorse]

You know as little about economics as you do about physics.

[SpencerH]

Solving a heat eq. on cyl. = easy. The hard part comes when he starts throwing in curveballs.

BTW, the process is as follows:

Stock/commodity/interest rates/etc. prices are random -> They follow brownian motion ->

Now, I've heard everything.

It reminds me of a seminar title I proposed as a joke to my more illustrious colleagues about 15 years ago "Does Chaos Theory explain our current scientific understanding of mucosal immunology?"

[MRT144]

60 hours before first goldman interview. Trying to relearn all the math I've ever forgotten.

Tear the system down from the inside.

[KrazyHorse]

Now, I've heard everything.

It reminds me of a seminar title I proposed as a joke to my more illustrious colleagues about 15 years ago "Does Chaos Theory explain our current scientific understanding of mucosal immunology?"

Technically, we don't believe that they follow brownian motion. But people think that you can build them from functions of brownian motion differentials

[MRT144]

Technically, we don't believe that they follow brownian motion. But people think that you can build them from functions of brownian motion differentials

Why build models when you can just rely on Uncle Sugar to cover your big gambling losses? It'd involve a lot less math.

[KrazyHorse]

It's hilarious that people get mad at Goldman. They're basically the only major financial firm that WOULDN'T have faced the threat of going under without gov't support. They walked out into the private equity and stock markets and brought in 11 billion in Tier 1 capital in ONE DAY when the crisis was in full swing.

Goldman

[chequita guevara]

Screwing the people

[KrazyHorse]

You don't know how they do it, but they do, right? Otherwise why would they be making more money than you....

[chequita guevara]

How about the fact that GS was among the strongest lobbyists against regulating OTC derivatives. You don't think that ****ed us over?

[KrazyHorse]

No.

[chequita guevara]

Yeah, that whole OTC derivative market blowing up and taking down the market wasn't that bad.

[KrazyHorse]

Because market crashes have causes other than a dramatic shift in risk tolerances due to mass psychology?

[MRT144]

It's hilarious that people get mad at Goldman. They're basically the only major financial firm that WOULDN'T have faced the threat of going under without gov't support. They walked out into the private equity and stock markets and brought in 11 billion in Tier 1 capital in ONE DAY when the crisis was in full swing.

Goldman

It's not that surprising that they could raise that much capital when they fix the game via Uncle Sugar. It's analogous to betting straight up on the Harlem Globe Trotters winning.

He with the most political influence profits. The way the AIG Lehman default swaps were handled by the government to pay them 100% is probably the best example of Goldman exerting their political influence for profit. Why didn't the government negotiate when there was so much latitude for the government to do so. Counter-party failure = 0% payout.

The past 2 years have been a roller coaster of double standard, political capture, and record profits. Goldman is only more notable because the obvious pervasive capture they have.

But like I said, you can make a positive difference if you are employed there and I think you have the backbone to stick up for what's right.