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Re: Stochastics



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In a message dated 9/12/99 10:14:30 PM Pacific Daylight Time, 
keptinkaos@xxxxxxxxx writes:

> two sides to every story, so who to believe??? i doubt if larry would
>  risk getting john wiley sued for libel if he didn't have proof!!!
>  
>  as far as toby crabel goes, jake bernstein was teaching that stuff in
>  seminars 6 years before toby published it.

The difference here was Toby never claimed to discover anything. He published 
an entire book of research and evidence about this concept (volatility 
contraction) and others. If what you say is true about Jake, then it is only 
a question of whether Larry *discovered* it from Jake (who he worked with) or 
if he *discovered* it from Toby. I guess he knew about both guys' work, and 
if my memory serves he said he *discovered* the concept, and he never 
mentioned Jake or Toby.  (BW)

>  just goes to show you what i've been saying all along...that vendors
>  can be a slimy lot if you don't dig for the truth.
>  
>  TJ
>  
>  and larry is a very nice guy too ;))