Peter Weinberger
Head of Technology
Renaissance Technologies
Financial markets have grown enormously
in the recent past,
in value, in volume, in the kinds of
things traded, and in participation.
There has been an associated growth
in the theory of finance,
much of it mathematically very sophisticated.
This talk will
outline some of theory, examine some
of the data, and try
to convey an appreciation for the seeming
randomness of
markets. By the end the audience
should be well equipped
to mock the talking heads on CNBC.