Writer and Professor Emeritus of Financial Engineering at Columbia University
BOOK
Brief Hours and Weeks: My Life as a Capetonian
BOOK
Models Behaving Badly
BOOK
The Volatility Smile
BOOK
My Life as a Quant
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Why Is This Interesting? – The Tetragrammaton Edition
A single name–Bjork or Madonna–is grand. A single name with its own name is even grander.
Emanuel Derman on X
@EmanuelDerman
a ball with the LRB this morning
“One of the odder moments in the long history of the (seven deadly) sins came in the late 2oth century, when they began to be redefined as virtues: pride as self-esteem, anger as-sertiveness, greed entrepreneurship, lust a healthy libido….
1/n
In 2011 the Silicon Valley guru Reid Hoffman claimed that every social media platform exploits a different sin:
Tinder thrives on lust, Yelp on gluttony, LinkedIn on greed, Netflix on sloth, Twitter on anger, Facebook on envy and Instagram on pride.
2/n
This was meant not as condemnation but as a guide to commercial success.
Technology changes quickly, but the human psyche does not.
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