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An major area of current interest in the global macro world, is how to apply some of the new mathematical models coming out of quantitative finance to global macro. So far only a few hedge funds have tried, and none have really succeeded. The only area in which success could be claimed is in commodity trading *advisors*. Any future work in this area is likely to look to involve area's of momentum trading work that has come out of the quantification of behavioural finance.
2007-02-06 15:42:37 · 2 answers · asked by Ron 1 in Education & Reference ➔ Words & Wordplay
Yes.
The author is engaging in dry humor -- the hedge funds that use these mathematical models have no better success than other hedge funds, but the people who spout the math talk are doing great.
In other words: the advisors are successful, even if their theories are not.
:-)
2007-02-07 05:51:19 · answer #1 · answered by Joe S 3 · 0⤊ 0⤋
Yes it refers to people who provide commodity trading and especially commodity futures advisors.
2007-02-06 17:40:58 · answer #2 · answered by Josh 3 · 0⤊ 0⤋