This isn’t a love letter to Black-Scholes—it’s a reality check. In this episode, we dissect the world’s most misunderstood financial model, exposing the cracks beneath its elegant surface. From false assumptions like constant volatility to the misuse of Greeks in risk management, we reveal how blind faith in this model has fueled some of the biggest financial blowups in history. But we also show how, when used wisely, Black-Scholes can still be a weapon in the right hands. If you're ready to challenge conventional wisdom and sharpen your edge, this episode delivers the brutal truth.