lml_square

“Partial ensemble averages in geometric Brownian motion” submitted.

In this paper Ole Peters and Bill Klein clarify two important issues in geometric Brownian motion. They show analytically, using extreme-value theory, that the time-average growth rate for a finite ensemble is the same as Read more

lml_square

LML appoints trustees.

In its first board meeting LML has today appointed the following three trustees: Jan-Peter Onstwedder, Oliver Schuppart, and Duncan Kennedy. We congratulate the trustees and thank them for accepting their nominations. Read more

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LML is incorporated.

We’re celebrating today because we exist! LML is now a charitable company registered in England and Wales with the Company Number 8202599. The next step will be to obtain approval from the Charity Commission. Read more