Paul should have said: Larry you can go short oil you idiot. I'm going to trade with my 3 factor vol models that I have recently developed and crash your market.
Like somebody once said if you are intellectually different from the norm you will have problems. If you deviate low you will have problems and if you deviate high you will have problems.
They speak completely different languages. He don’t see beyond theoretical views related to options and overall volatility of options markets (quasi Dr Jack), and anchor-men is fully rooted in false-premised notion of efficient and free market in which he would like to know how to gamble (quasi Fat Tony). Their priorities are different, their main premises are different, their street, economic, financial and mathematical background is different.
Alright, so we have three people. Let's play the game of guessing who's who. One is a former cheerleader and homecoming queen who slept her way to the television screen. Another is an old grey rock from a different century that thinks he is clever. The third is a clever, decent guy who is forced to answer inane questions from the first two.
Love the way Wilmott let's them know he probably couldn't fucking care less what asset class's gonna do well...and those dumbass understood this as much as a dog shown a card trick ...
"What asset class looks cheap to you right now?".... That was totally hilarious... They didn't seem to understand what Quant Fin is about and what Quant Fin's do...
Wilmot was trying to tell them by 'investing' in the market there is missallocation of capital that will hurt the economy. For example, if people were encouraged to save and received a fair amount of interest for their savings, that saving could be lent out to start another Apple or Micro Soft. Instead savers are punished if they save, and are forced to chase higher yields like investing in the market. Nothing is producing in market.
Asking Paul Wilmott for a stock tip is like asking Tiger Woods to shag balls for you. Then, he does them a favor, and they take it as an insult. Wilmott is good enough to maintain composure, but it's embarrassing.
How ignorant about quantitative finance those CNBC people are... "Is there any asset class that looks cheap to you right now?" Paul apparently gave the exact answer to their question: "Volatility is cheap"..
@jiangao80 Thank god for options, otherwise quants/vol traders wouldn't exist. Only a real man can take directional bets; obviously there's a consensus of quants that can't take one side to a trade, which is pathetic.
This is just ridiculous. CNBC has arranged an interview with a prominent figure within quantitative finance, but all they are looking for are a few "stock tips". They could have done SO much more out of this "interview".
"Come on, just give us a little tip. What's the next big thing, huh? We don't understand and don't care what you're talking about, just show us how to earn some quick bucks."
This is funny ヾ(▽⌒*)...sorry...but....o(＿＿)ﾉ彡.
tairanotomomori 1 week ago
He just know how to write PDE, change measure to price products... but don't know shit about finance & trading !
Morpho32 1 week ago
Here you see dumbass finance majors vs. genius applied math majors
ArielBendavid 2 months ago 5
@ArielBendavid finance major is bullshit
C15H20ClN3O2 1 month ago
I.........I uh I don't understand how that applies to what Larry was saying
Einstein0GETBaC 2 months ago
This is fucking cringeworthy
fuckooo 2 months ago
@fuckooo don't curse you rude motherfucker
C15H20ClN3O2 2 months ago
Paul said, "Go buy my book sell all your stupid ideas"
iverworld 2 months ago
Thats what happens when 200 IQ meets 70 IQ. Bit like man try to comunicate with animal
kristyan11 3 months ago
Paul should have said: Larry you can go short oil you idiot. I'm going to trade with my 3 factor vol models that I have recently developed and crash your market.
kristyan11 3 months ago
oh my god those CNBC people are so ignorant hahaaha
luispaduanelli 3 months ago
@luispaduanelli Kudlow is legit; but the bitch is a retard. i mean she's not even hot, so how did she get the job?? wtf.
Einstein0GETBaC 2 months ago
This has been flagged as spam show
Like somebody once said if you are intellectually different from the norm you will have problems. If you deviate low you will have problems and if you deviate high you will have problems.
wittenberg5 3 months ago
Comment removed
wittenberg5 3 months ago
I wish he'd just come right out & say "I just told you these were all poison & you asked me which poison tastes the best".
KenMacMillan 4 months ago
lol
mini1gerbel 5 months ago
I just lolled
WorfX 7 months ago
"Just tell me what I should buy and sell already!" -male anchorman
TeleporterDown 7 months ago
They speak completely different languages. He don’t see beyond theoretical views related to options and overall volatility of options markets (quasi Dr Jack), and anchor-men is fully rooted in false-premised notion of efficient and free market in which he would like to know how to gamble (quasi Fat Tony). Their priorities are different, their main premises are different, their street, economic, financial and mathematical background is different.
KanchoKomancho 7 months ago
they are trying to dumb it down to something the mouth breathers can understand
kauboibiboppu 8 months ago
LOL
smartmoney1993 9 months ago
LOL. 5:20
"Paul Wilmott says we havent gotten out of the woods yet".
*weird silence from all three*
I can only imagine how uncomfortable he felt throughout the interview.
namdor11 9 months ago
hahaha these two people are like on a ten times lower level than
Wilmott. Theyre like huhh?
ForgedInASupernova 10 months ago
Why do they let two incompetents with no obvious background in finance interview this genius?
10243406 10 months ago 3
Paul wilmott and the quants seem to talk about investing as if there above it all and are looking down on the 'stock pickers'
string22 11 months ago
UhHhHhh, DuHhHHH "Let me rephrase the question." ( goes on to say the same thing,.)
10243406 11 months ago
As always, the cheerleader and the stultified professor don't get what the genius is saying
mistax2k 11 months ago
Alright, so we have three people. Let's play the game of guessing who's who. One is a former cheerleader and homecoming queen who slept her way to the television screen. Another is an old grey rock from a different century that thinks he is clever. The third is a clever, decent guy who is forced to answer inane questions from the first two.
MikaelUmaN 11 months ago
totally different dimensions, no point of view from Kudlow/Regan, so they don't understand
haoxue3 1 year ago
Love the way Wilmott let's them know he probably couldn't fucking care less what asset class's gonna do well...and those dumbass understood this as much as a dog shown a card trick ...
worldismorphing 1 year ago
"What asset class looks cheap to you right now?".... That was totally hilarious... They didn't seem to understand what Quant Fin is about and what Quant Fin's do...
nikkipolya 1 year ago
he said vol is cheap, are they deaf or what
bololeszcz 1 year ago
Great job, Paul. I respect the way you handled that
evafan427 1 year ago 2
larry good try! haha idiots ! Paul please just order them to long VIX !!!! Don't even bother saying buy straddles
canbayir 1 year ago
an asset class, you will ask me about Gold price next.....This Paul guy was great in Quants: The Alchemists
TheLivingStone7 1 year ago
haha idiots
ianpaisley116 1 year ago
omg both of those journalist are MORONS
elzepeda 1 year ago
Wilmot was trying to tell them by 'investing' in the market there is missallocation of capital that will hurt the economy. For example, if people were encouraged to save and received a fair amount of interest for their savings, that saving could be lent out to start another Apple or Micro Soft. Instead savers are punished if they save, and are forced to chase higher yields like investing in the market. Nothing is producing in market.
eatandtravel 1 year ago
Dumb questions, dumb journalists
mpleportals 1 year ago
great Mr Wilmot..i am going for the wilmott´s cerificate
ddt77ta 1 year ago
at 4:49 "look i don't really fancy you so let me try and put you on the spot! are you hitting on me?"
matt247ryan 2 years ago
can derivatives be overvalued?????
LondonPhD 2 years ago
OMG, how ignorant are these guys ...
lalawilson1988 2 years ago
Like saying to Einstein "so if e = mc squared or whatever, what's the best way for me to lose weight?"
willsmithorg 2 years ago 5
This has been flagged as spam show
how pathetic they are
nyK4tube 2 years ago 2
Asking Paul Wilmott for a stock tip is like asking Tiger Woods to shag balls for you. Then, he does them a favor, and they take it as an insult. Wilmott is good enough to maintain composure, but it's embarrassing.
adamfudge 2 years ago 3
fail
GutGenotype 2 years ago
these CNBC people had no idea what quant finance is, and had absoultely no idea what they were talking about....
funny, and sad....
happy90102003 2 years ago 3
How ignorant about quantitative finance those CNBC people are... "Is there any asset class that looks cheap to you right now?" Paul apparently gave the exact answer to their question: "Volatility is cheap"..
jiangao80 2 years ago 28
@jiangao80 Thank god for options, otherwise quants/vol traders wouldn't exist. Only a real man can take directional bets; obviously there's a consensus of quants that can't take one side to a trade, which is pathetic.
prodigee411 1 year ago
This is just ridiculous. CNBC has arranged an interview with a prominent figure within quantitative finance, but all they are looking for are a few "stock tips". They could have done SO much more out of this "interview".
"Come on, just give us a little tip. What's the next big thing, huh? We don't understand and don't care what you're talking about, just show us how to earn some quick bucks."
Pathetic.
Skog85 2 years ago 5
she looks like she has to take a big dump.
HowardTheFrog 2 years ago
Kudlow: So Paul, what's cheap right now?
Paul: I'm not going to discuss that. Ask me something else.
Kudlow: Alright, alright let me rephrase...so what's cheap right now?
Paul: I study derivatives and shit, ask me about that if you like. I'm not going to discuss what's cheap in the market.
Kudlow: Alright, alright, alright...so what do you think is cheap right now?
Paul: ...
Azbx23 2 years ago 9
@Azbx23
lol I like how says rephrase and then says the same thing again
warwize 1 year ago
Comment removed
ioan007cw 2 years ago
this is why i stopped watching CNBC... friggin useless
WirelessEmilio 2 years ago 5
paul wilmott is too cool...I am planning on joining cqf..
dallasjock999 2 years ago
cnbc to business as
foxnews to news ...
bunch of hillybillys
dallasjock999 2 years ago
Lol. CNBC is ridiculous. Kudlow is now equivalent to a blonde bimbo.
userid8765 2 years ago 4
He should have just said to long the VIX to shut them up.
susie2513 2 years ago 6
You'll never see him on CNBC again.
bunkermunk 2 years ago 30