iteracom

JoeyDVivre Wrote:
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> ^ agree. Binomial trees are deeply cool because
> with some really easy math you can understand some
> big concepts. Just take limits on the tree and
> you suddenly have Brownian motion and find out
> that you have taught yourself stochastic calculus
> or even better found out that stochastic calculus
> can make your life easier.


how do you take limits on the tree? I'm somewhat familiar with stochastic calculus as I understand black scholes model. I'm still kind of weak on some fo the fundamentals.