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The Quant Delusion: Financial Engineering in the Post-Lehman Dodd–Frank Landscape

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2012

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CFA Institute
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Blyth, Stephen. 2012. The Quant Delusion: Financial Engineering in the Post-Lehman Dodd–Frank Landscape. CFA Institute Conference Proceedings Quarterly 29 (1): 1-8.

Abstract

The recent financial crisis and its aftershocks have reshaped the world of financial engineering, quantitative analysis, and derivatives trading. Government intervention, regulatory reform, and the refutation of fundamental axioms and model assumptions are three reshaping forces now confronting quantitative practitioners.

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