Will April 2009 Be Quantitative Or Qualitative?
With little left to invest in and most things having been taken over by the US government, back in January two analysts from the quantitative group at ING Investment Management in New York combined research and modeling expertise to hatch a diabolical plan: hit every Manhattan subway station in under 24 hours. Hedge fund analyst Matt Ferrisi and quant analyst Chris Solarz gathered notoriously faulty MTA schedule information, ran regression analysis, considered trillions of combinations and possibilities with sophisticated software, and ultimately plotted a route that would cover all 468 stops in 22 hours 45 minutes. ...
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