If you Google “more art than science,” your top 25 results will find that phrase applied to most everything – investing, leadership, IPO pricing, calling up minor league ballplayers, SEC cooperation, and basketball game officiating. At least we didn’t find basic arithmetic on the list! As newsletter writers on financial derivatives, you might guess we enjoy the interplay between left-brained and right-brained activities. But these two news stories from earlier in the month had us positively beaming with delight: 1 Financial Musings as Art: There’s a thought-provoking new Dadaist art exhibit in lower Manhattan in which the artist, known as t. Rutt, openly questions the Black-Scholes-Merton option pricing formula. Rutt’s centerpiece is a toilet seat – a nice shout-out to Marcel Duchamp’s urinal Fountain – on which he mocks the assumption of infinite time that he regards as invalid for…

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