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Opinion
Matt Levine

Tickets, Boutiques and Reactions

Tickets.

The other day I half-jokingly said that "a good trick is, find an industry where the words 'Monte Carlo model' make you sound brilliant and mysterious, then go to town." I was mostly making fun of the film industry, which seems to have considered those words the height of salesmanship. But it's more generally applicable; a former investment bank quant writes: