Epstein Secrets

e big time. So in 1976, he dropped everything and reported to work at Bear Stearns, where he started off as a junior assistant to a floor trader at the American Stock Exchange. His ascent was rapid. At the time, options trading was an arcane and dimly understood field, just beginning to take off. To trade options, one ha

to take off. To trade options, one had to value them, and to value them, one needed to be able to master such abstruse mathematical confections as the Black-Scholes option- pricing model. For Epstein, breaking down such models was pure sport, and within just a few years he had his own stable of clients. "He was

e big time. So in 1976, he dropped everything and reported to work at Bear Stearns, where he started off as a junior assistant to a floor trader at the American Stock Exchange. His ascent was rapid. At the time, options trading was an arcane and dimly understood field, just beginning to take off. To trade options, one ha

to take off. To trade options, one had to value them, and to value them, one needed to be able to master such abstruse mathematical confections as the Black-Scholes option- pricing model. For Epstein, breaking down such models was pure sport, and within just a few years he had his own stable of clients. "He was

e big time. So in 1976, he dropped everything and reported to work at Bear Stearns, where he started off as a junior assistant to a floor trader at the American Stock Exchange. His ascent was rapid. At the time, options trading was an arcane and dimly understood field, just beginning to take off. To trade options, one ha

to take off. To trade options, one had to value them, and to value them, one needed to be able to master such abstruse mathematical confections as the Black-Scholes option- pricing model. For Epstein, breaking down such models was pure sport, and within just a few years he had his own stable of clients. "He was