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Bloomberg Surveillance

Derman: no simple models to replace bell curve

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 30 March 2016

⏱️ 22 minutes

🧾️ Download transcript

Summary

Derman: no simple models to replace bell curve

Transcript

Click on a timestamp to play from that location

0:00.0

Osage County, Oklahoma is getting a lot of attention right now.

0:04.4

It's the setting of Martin Scorsese's latest film,

0:07.8

Killers of the Flower Moon.

0:10.0

The movies based on a book about the 1920s Osage murders,

0:14.1

when white men poured into Osage County

0:16.4

and killed Osage people for their oil wealth.

0:20.1

I'm Rachel Adams Heard, the host of InTrust, a podcast from Bloomberg and I Heart Media.

0:26.8

For over a year I was reporting a different story about other ways white people got

0:32.1

Osage, land, land and wealth and how a prominent ranching family in Osage County became one of the biggest landowners here.

0:40.0

Their ranching empire was built on land that at the turn of the century was all owned by the Osage Nation.

0:47.0

So how did they get it?

0:49.0

Listen to the award-winning podcast, Trust on the I Heart Radio app Apple

0:55.3

Podcast or wherever you get your podcast.

1:00.0

This is a room work surveillance.

1:05.0

China has again and again reacted to hawkish talk from the Fed by allowing more currency depreciation.

1:12.0

Cash is a legitimate asset class.

1:14.0

It insulates you from the clients in the capital markets, both bonds and stocks.

1:18.0

China's not just a commodity powerhouse, drive a commodity price

1:21.0

is a manufacturing powerhouse house and has been

1:23.0

pulled in manufacturers all through its supply chains in its southeast

1:26.2

Asia and east Asia. Bloomberg surveillance, your link to the world of

1:29.9

economics, finance and investment on Bloomberg Radio.

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