Discover and read the best of Twitter Threads about #merton

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I have even met some foolhardy alternative investment aka asset managers that use the BSOP Black Scholes Option Pricing Model Calculator to price oil exploration, drilling and other natural resource mining risks.
BS Option Pricing Model like its cousin the CAP-M is widely misused
Neither BSOP nor CAP-M were invented to price the risks of tangible engineering projects and other physical activities of commercial nature such as mining, drilling, real estate ventures, REITs, Securitized Toxic Assets, Embedded Bonds, etc.
Model Abuse leads to Modelling Risk!
Although the #BSOP Model has paved the way forward in the domains of Quantitative Finance, Investment Portfolio Management, and Mathematical Trading, like no other academic invention,, it's abuse and misuse, was never controlled.
#LTCM is a case study and an e.g. of that failure!
Read 5 tweets
Not so long after #ASuitableBoy came out I first met #VikramSeth autographing copies at #Blackwells at #Oxford. When my turn came he asked where I was from. I told him. He warmed up - he was already fairly jovial with those present - & told me how he learnt Urdu for the novel 1/
that he loved Urdu poetry & wished to visit Pakistan. He wrote a couple of sentences in Urdu on my copy. Turned out he was an alumnus of #corpuschristi which I was attending & which had recently made him Honorary Fellow. I asked him for an interview which he very graciously 2/
agreed to. A few days later we sat in the heavenly back lawn of our College. Libas Magazine carried it in the summer of ‘94. I met him a few times thereafter as well - we invited him over for a reading & he invited me back for formal hall. A few times he hung out in the 3/
Read 9 tweets
A 13.5 mile walking journey through South West London*
THREAD THREAD THREAD 👇
Starting at New Malden and the two towers (CI & Apex) looming over.
*thread contains lots of suburban architecture, green spaces and little rivers.
#LoveLondonWalkLondon #EveryStreetInLondon #NewMalden
Urban footpaths are always intriguing...
This one takes me out onto The Green - part of an early Addison council housing scheme (thanks to @MunicipalDreams for the help with identification). We think that the crest in the third photo is for Malden and Coombe Urban District Council - can any local historians confirm?
Read 28 tweets
We're rolling out a new scheme to provide every primary and secondary school in #Wandsworth and #Merton with an emergency asthma kit, which is believed to be the first initiative of its kind in London.

stgeorges.nhs.uk/newsitem/st-ge… ImageImage
The scheme, which is in conjunction with the Wandsworth and Merton Children’s Asthma Board, was devised to ensure that all state schools in the area have an emergency asthma kit available to them, and is part of a drive to improve asthma awareness and education.
Read 3 tweets

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