Today on CNBC American Squawk box I heard one of the most straight talking individuals I have listened to in a long while. The panel was Steve Forbes, and a woman called Janet Tavakoli, and they were talking about Quant funds and their models.
Janet’s comment regarding quant model’s was, and I quote:
Model Masturbation
I cracked up howling…
Otherwise she made some very good comments. This is definitely one individual that I will be looking up to see what else she is thinking about.