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[parent] Viewing Message
``martingale'' by gel on 2009-02-15 01:02:56
I just noticed the term "martingale" used in its original french meaning in an article about Jerome Kerviel, the trader who lost billions of euros. (http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5716179.ece) It's a gambling strategy, apparently named after the "eccentric" inhabitants of Martigues, and the mathematical term comes from this.
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