I have exposed the University of Chicago for using the wrong (T zero) in their sum, the one you can’t differentiate through: you have to stick to the “Domain of the function Jim”

I am going to expose what I think is the most simple flaw of all to detect, namely

(Le to the [rt] ). Now what is this supposed to be? It can’t be a an interest rate as it is negative and there is no such thing as negative rates no matter what bad economists may claim. Just look up the dictionary. The answer is

almost Metaphorical. Interest is what the Borrower pays to the Lender for the use of his money So with negative rates he is already being subsidised

for taking out the loan.

I have just proved conclusively that time is not continueous in the Black-Scholes formula and The University of Chicago has admitted that they used the wrong ( T zoro ) and that the formula has now been DOWNGRADED to a NODEL.

I simply used Physics and it was child’s play.

I think that I can also prove that they also used Negative Interest Rates which by Definition can’t exist. (look up the dictionary ). So our chat on the TIME value of money: and the Discounted time value of money will help me a great deal. ]]>

I have to confess that I was a little too quick at dismissing “the Trillion Dollar Formula as rubbish because of the “term” Le to the minus power ( r t ) which I rejected as just plain silly but after someone abused me because I am not a “real” mathematician but just a self-taught amateur but one who knows the power of EXPONENTIAL ( e ). Actually exponential ( e ) shouldn’t be in “The Forward Discounted Time Value of Money Formula”. The Trillion Dollar Formula is not the B-S formula but ” The Dynamic Delta Hedging Self Financing Replicating Portfolio” I have been off the Internet for about seven months due to flitting and I am not very good at typing. The professionals are not doing very well at solving the quite simple mathematics. The question is why? ]]>

Greenspan went to Ayn Rand’s funeral. ]]>