7 ms·
I don’t think vanilla options were invented by LTCM. But the pricing model and thereafter the popularity was.
by 1retep 3y ago
I don’t think vanilla options were invented by LTCM. But the pricing model and thereafter the popularity was.
- VagueMag 3y agoVanilla options are hundreds of years old, but Myron Scholes (of the ubiquitous Black-Scholes pricing model) went on to be principal at LTCM.