Jim left out the last sentence, which is a real treat: Merton, Robert C. 1997. "Autobiography." http://nobelprize.org/nobel_prizes/economics/laureates/1997/merton-autob io.html "It was deliciously intense and exciting to have been a part of creating LTCM. For making it possible, I will never be able to adequately express my indebtedness to my extraordinarily talented LTCM colleagues. The distinctive LTCM experience from the beginning to the present characterizes the theme of the productive interaction of finance theory and finance practice. Indeed, in a twist on the more familiar version of that theme, the major investment magazine, Institutional Investor characterized the remarkable collection of people at LTCM as "The best finance faculty in the world." In long retrospect, unexpected roads happily traveled"."
Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901 www.michaelperelman.wordpress.com _______________________________________________ pen-l mailing list pen-l@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/pen-l
