FT: the investment black box lives on
Tuesday, 29 September 2009 | 
Peter Lindmark
Leading pioneer of quantitative investment Donald Putnam, managing director of Grail Partners, defends the use of the computer 'black box' by asset managers. But in this revealing interview with investment editor John Authers of the Financial times, he concedes that the credit crunch has provoked a far more nuanced approach to mass stampedes and "weather conditions" in markets.
Watch the video at Financial Times.
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