Trillion Dollar Bet (PBS Nova)

This is the companion web site to the PBS Nova program that discusses the invention of the Black-Scholes Formula, a mathematical Holy Grail that forever altered the world of finance and earned its creators the 1997 Nobel Prize in Economics. Here’s what you’ll find online:
– The Formula That Shook the World
One economist has likened the impact of the discovery of the Black-Scholes … [ Read more ]

Artie Shaw

You can deal with failure. Sure it’s tough, but you just work hard and try to get going again. But success — success is an opiate. A lot of people can’t handle it.