“Let me show you a quick way to do the Black Scholes formula in your head and impress people”, Professor Ian Martin says. Then he adds, after a brief pause: “The really few people who would be impressed by that.”

I for one can’t wait to use it as a pick up line at the next campus party. Imagine this:

Me: Pick a number!
Girl: What number?
Me: Any number between 1 and 100.
Girl: What for? Read the rest of this entry »