Posts by alethea
50 Years of Black-Scholes/Merton
I write about the nature of reality and the mechanics of perception. Last year, I spoke at MIT at an event honoring 50 years of Black-Scholes/Merton. My father, Fischer Black, co-authored a formula for pricing options that helped to birth modern finance. A life-long champion of free minds and free markets, my father’s motto was…
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