Halperin - Scribblings
The Flagpole - A Fable
group of Traders took it upon themselves independently to measure the height of
a flagpole. Accordingly, they equipped themselves with ladders and technical tape
measures, and eagerly sought out the flagpole. Yet the flagpole would not admit easy mensuration: They kept dropping the tapes and falling off of the ladders. Confusion reigned, and it appeared that failure was imminent.
A Quantitative Analyst and Modeller happened upon the scene and immediately discerned what they were attempting to accomplish.
He walked over, pulled the flagpole out of the ground, laid it flat,
measured it from end to end, gave the measurement to one of the Traders and
After the Quantitative Modeller had left, one of the Traders turned to another
and laughed, "Is that not just like a Quant? We're looking for the height and
he gives us the length".
Copyleft. This Amusing Fable is in General Circulation.