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Looking into it a bit, Jamie found that the model used by Wall Street to price LEAPs, the Black-Scholes option pricing model, made some strange assumptions.
Michael Lewis
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Michael Lewis
Age: 64
Born: 1960
Born: October 15
Author
Journalist
Writer
New Orleans
Louisiana
Michael M. Lewis
Black
Price
Pricing
Found
Street
Leaps
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Models
Jamie
Made
Streets
Assumptions
Wall
Option
Strange
Leap
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Looking
Model
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