Spec Ops Leaders Want Return to Fundamentals

[Surferbeetle]

Bill,

Don't forget the sausage and pretzel for first breakfast to help smooth things out! When I go for just the beer, first thing, I often tend to fall down.

Bill, Ken, and Sam,

I can't speak to George Soros' politics however I am impressed with his results in quantitative modeling in finance. The downside in quantitative financial modeling is pretty scary. I can't begin to imagine the pain associated with losing the amounts of cash that some of the quant funds have. It appears that they trusted their models too much; a point which you guys consistently point out.

I have suffered through enough heat, cold, bugs, nasty cases of the runs, and having people try to physically ruin my day to forget that models are just a representation of reality. The power of the models I use in engineering and business however have me hooked on the possibilities of adapting them for war.

Now where is that beer...

Cheers,

Steve