Showing posts with label Derivatives. Show all posts
Showing posts with label Derivatives. Show all posts

Friday, April 16, 2010

Derivatives

I was just reading Paul Krugman's article (love that guy!) and noticed his comment about:
... derivatives, the complex financial instruments Warren Buffett famously described as "financial weapons of mass destruction".

I recall when I thought derivatives meant dy/dx.
I also recall this humorous look at derivatives.
Well ... it makes me laugh.

Here's what I larned.
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It's been said that:
Math may have caused the financial crisis.

Conclusion? Math is dangerous!