, August 23, 2000 4:43 PM
Subject: [PEN-L:768] Re: Re: Jamie Galbraith on Long Term Capital Management
At 03:56 PM 8/23/00 -0400, you wrote:
Actually, I recently read something by Scholes where
he admitted the importance of the normal distribution
assumption and admitted that it does not hold
At 03:56 PM 8/23/00 -0400, you wrote:
Actually, I recently read something by Scholes where
he admitted the importance of the normal distribution
assumption and admitted that it does not hold.
was this before or after the Long-Term Capital Managment debacle?
Jim Devine [EMAIL PROTECTED]
