Description: Frequently Asked Questions in Quantitative Finance, Paperback by Wilmott, Paul P., ISBN 0470748753, ISBN-13 9780470748756, Like New Used, Free shipping in the US Getting agreement between finance theory and finance practice is important like never before. In the last decade the derivatives business has grown to a staggering size, such that the outstanding notional of all contracts is now many multiples of the underlying world economy. No longer are derivatives for helping people control and manage their financial risks from other business and industries, no, it seems that the people are toiling away in the fields to keep the derivatives market afloat! (Apologies for the mixed metaphor!) If you work in derivatives, risk, development, trading, etc. youd better know what you are doing, theres now a big responsibility on your shoulders.
In this second edition of Frequently Asked Questions in Quantitative Finance I continue in my mission to pull quant finance up from the dumbed-down depths, and to drag it back down to earth from the super-sophisticated stratosphere. Readers of my work and blogs will know that I think both extremes are dangerous. Quant finance should inhabit the middle ground, the mathematics sweet spot, where the models are robust and understandable, and easy to mend.
…And thats what this book is about.
This book contains important FAQs and answers that cover both theory and practice. There are sections on how to derive Black-Scholes (a dozen different ways!), the popular models, equations, formulae and probability distributions, critical essays, brainteasers, and the commonest quant mistakes. The quant mistakes section alone is worth trillions of dollars!
I hope you enjoy this book, and that it shows you how interesting this important subject can be. And I hope youll join me and others in this industry on the discussion forum on . See you there!”
FAQQF2...including key models, important formulae, popular contracts, essays and opinions, a history of quantitative finance, sundry lists, the commonest mistakes in quant finance, brainteasers, plenty of straight-talking, the Modellers Manifesto and lots more.
Price: 43.99 USD
Location: Jessup, Maryland
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Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Edition: 2
Book Title: Frequently Asked Questions in Quantitative Finance
Number of Pages: 624 Pages
Language: English
Publisher: Wiley & Sons, Incorporated, John
Publication Year: 2009
Topic: Finance / General, Investments & Securities / Analysis & Trading Strategies, Investments & Securities / Options
Item Height: 1.1 in
Illustrator: Yes
Genre: Business & Economics
Item Weight: 21.7 Oz
Item Length: 7.1 in
Author: Paul Wilmott
Item Width: 5 in
Format: Trade Paperback
