Market crashes always make a good case study. You learn a lot from them. The Stock Market Crash of 1929 was studied widely by academics and financial experts. The verdict that came out was that the stock market crash of 1929 could be easily averted. This is precisely what happened. Regulatory framework was tightened and… Continue reading Meltdown The Men Who Crashed The World 4 Part Documentary
Tag: stock market crash
The Secret Formula That Killed Wall Street
The story begins in the late 1970s and early 1980s when this idea starts becoming popular in the mathematicians that they have the power and the brains to model financial markets. Soon this idea also get popular on Wall Street who hired math geniuses to model financial markets. The idea was to model the markets… Continue reading The Secret Formula That Killed Wall Street