Fischer Black Fuels Debate On The Value Of Graphics
THIS WEEK'S LEAD STORIES
How much value does a trader get out of a simple two- dimensional graph of a stock's price over time? It depends whom you ask. This question, and the more general one of the cost-effectiveness of graphical user interfaces in the trading environment, has been raised by Fischer Black, partner and director of quantitative strategies at Goldman, Sachs & Co.
Black is a former professor of finance at the University of Chicago and Massachusetts Institute of Technology and co- developer of the Black
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