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[birdwatcher]

In 1977, when commodity traders had begun to apply the options formula that Merton and Scholes had invented, Edward and William O'Connor, two brothers who traded soybeans, had founded a new firm to invest in options. O'Connor & Associates became one of the savviest of the new derivatives firms. In 1986, the firm hired David Solo, a terse, precise-spoken electrical engineer from MIT and a brilliant quantitative trader.

Roger Lowenstein, "When Genius Failed" (2000)