1. FAST MONEY.
- Author
-
CRINGELY, ROBERT X.
- Subjects
MATHEMATICAL models ,COMPUTERS ,PRICE regulation ,STOCKS (Finance) ,BONDS (Finance) ,DERIVATIVE securities - Abstract
The article focuses on rocket science where mathematical models and computers are used to predict or control price changes in stocks, bonds, currencies and derivative securities. Topics discussed include the two schools of stock analysis which are fundamental and technical, the operation and limitation of a neural network, the function of genetic algorithms, the significance of the article "The Pricing of Options and Corporate Liabilities," by Fischer Black and Myron Scholes in derivatives.
- Published
- 1994