Epstein Secrets

ng to his bio, he took some classes in physics at Cooper Union from 1969 to 1971. He left Cooper Union in

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

ng to his bio, he took some classes in physics at Cooper Union from 1969 to 1971. He left Cooper Union in

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

ng to his bio, he took some classes in physics at Cooper Union from 1969 to 1971. He left Cooper Union in

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

couple of noteworthy organizations including The Cooper Union for the Advancement of Science and the Art

nge. As Mr. Epstein's use of it makes clear, the model is still used by many financiers and options traders to this day. While no model is perfect, the Black-Scholes has proven, time and time again, to offer fairly accurate prices. A History of Black-Scholes The model was first articulated in 1973, in a paper p