Fintech Incrementalism and Responsible Innovation
Life Itself Podcast
00:00
The Biggest Catastrophe From Our History
The biggest catastrophe from our history was this fund called longtrom capital management, which was actually run by two nobell prize winners. And the exact details about why it went badly are largely because of, like, overte complex financial engineering. Despite all the evidence, it doesn't seem like we have yet figured out a stant way to understand market volatility and make predictions about markets on a large scale. So quantity of finance has some track records, but it's not a golden bullet by any means.
Transcript
Play full episode
