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04 Feb

Quants and the future of finance

Johan Fourie

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Johan Fourie is associate professor in economics at Stellenbosch University.

Finance is not the same as it was a few years ago.

Whereas The Wolf of Wall Street epitomised the traits of the successful trader in the 20th century, today things look very different.

Computer scientists in sweatpants – quants – design and implement complex mathematical and statistical models that more efficiently price securities, reduce risk and generate profits.

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