Bloomberg not only quoted a financial math geek in this article but also alerted us that one of them is a bloggin' fool.

Financial markets have grown too dependent on mathematicians who use models to anticipate price moves and need to start injecting common sense into the equation, said Paul Wilmott, a London-based author and quantitative finance instructor.

“There is too much mathematics in this business,” Wilmott, author of “Paul Wilmott on Quantitative Finance,” said in a Bloomberg Radio interview. “I just want people to stop and think for once.”

Wilmott, based in London, has warned that so-called quants who use mathematics to forecast how markets will behave can overlook errors in the models, leading to flawed predictions.