It's all in Scott Patterson's Quants.      m.a.


  ----- Original Message ----- 
  From: Brent Meeker 
  To: Atoms and the Void ; EveryThing ; Rob Shostak 
  Sent: Wednesday, June 02, 2010 3:22 PM
  Subject: Fwd: unexpected application of logic


  I asked a mathematician friend, Ed Clark, about this.  And he asked a 
logician colleague.  Here's the reply. :-)

  Brent

  -------- Original Message --------

On 6/2/2010 1:24 PM, Brent Meeker wrote:


> http://christianmarks.wordpress.com/2010/05/25/mathematical-logic-finds-unexpected-application-on-wall-street/
>

I forwarded this to my logician colleagues and asked if they thought it 
was serious. One replied:

On 6/2/2010 2:35 PM, Gregory McColm wrote:
> Wall Street has made a fetish of mathematics since it was founded.  So of
> course, logicians are ideally situated to gull investors out of their 
money.
> After all, with all of those statisticians and stochastic process people
> getting rich from the gullibility of bankers, why shouldn't logicians get
> the same opportunity to make a dishonest buck?  Why should the 
differential
> equations and astrology people get all the business?
>       So of course it's serious.  The fact that it took so long is 
testimony
> to the other worldliness and integrity of the logicians.  But now 
we're going
> to be raking in the dough.
>       Meanwhile, Edwin, if you want a really nice nest egg, you 
really should
> find some place with lots of people with more money than brains (Boca 
Raton
> fits that bill), and tell them about dominating sets, independence, and
> packing.  You could make a mint...
>
> Gregory McColm
> Extreme Middle

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