The next quant meltdown

IMG_2886Are quants going to overtake swashbuckling hedge fund managers in the world of finance? That has certainly been the conventional wisdom this year. Having lived through prior computer-driven financial crises, including the quant meltdown of 2007, I thought it was a good time to take a deep dive to see what, if anything has changed and how likely another meltdown is.

Here’s my story:

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