• Sections
Math nerds are taking over Wall Street

# Math nerds are taking over Wall Street

There are 1 comment on the Channel3000 story from Jul 26, 2014, titled Math nerds are taking over Wall Street. In it, Channel3000 reports that:

When you think about the typical Wall Street trader, you probably picture a fast-talking Wolf of Wall Street type.

Join the discussion below, or Read more at Channel3000.

“Geologist [I'm Climate Change]”

Since: Mar 07

formerly Nuneaton

#1 Jul 28, 2014
Odd thing is that in financial circles you do not need to be a math nerd.

ALL financial math is linear & most of the math tricks are either unnecessary of simply do not add up.

Simple fact is that minus & minus = minus (bigger), it does not cancel out to make a plus.

That is the cardinal rule about financial math which was screwed up & thrown in the bin during the timespan 2001-2009.

The only real complex math is the rate of loss or addition of finance (apr etc). The only other bit is relative value of product (which varies daily).

The only thing to beware of in finacial math is the attempt to produce exploitable debt at all costs. If that breaks out, the victim's career is OVER & the country hosting the practice is in for a devastating financial crash, as a simple result of the absence of taxable income from an increasing number of ex career victims of the practice. This caused major problems in the UK in 2009, when not only the employee base crashed, but the welfare state meant to be a temporary agency work holding pen ran out of funds from the taxpayer to subsidise the exploited up to the level of the "breadline" in order to hide the destitution produced by exploitation.
The result of the blacklists produced by attempts to produce exlpoitable debt is the absence of UK workforce in most UK jobs, which were taken over by foreign nationals whom were far more difficult to trace & exploit via the welfare state corrupted to service exploitable debt, for the simple reason that they would up sticks & try again when the exploitation got at their job.
The Labour party under Tony Blair & Gordon brown are justifiably out of office for committing ALL of the classical financial sins listed in this little gripe. Currently as a result of continued attempts @ exploitation (some people NEVER learn), the voice of the burgeoning non working class is now UKIP, whom will get their vote if only because of the £ sign on the logo.

Have a nice day: Ag

#### Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

### Mathematics Discussions

What will change if Massachusetts legalizes mar... Oct 18 Anonymous 2
81-Year-Old Retiree Gets Raves From Students, P... (Mar '09) Oct 8 LANGUAGE LARGE 30
Pinellas education news: Pinellas students boos... Sep '16 Pinellas Hot Itch... 2
Math Problem Worth \$1M May Be Solved, but There... (Jan '14) Aug '16 John Metcalfe 2
Iowa crops continue to make good progress Aug '16 Stephany McDowell 1
Islam - The Key To Use Knowledge For The Advanc... Jul '16 Repatriation 2017 2
Faces of Islam Jul '16 Jesus is 162

#### Mathematics News

More Mathematics News from Topix »

More from around the web