In My Life as a Quant, Emanuel Derman relives his exciting journey as one of the first high-energy particle physicists to migrate to Wall Street. Page by page, Derman details his adventures in this field–analyzing the incompatible personas of traders and quants, and discussing the dissimilar nature of knowledge in physics and finance. Throughout this tale, he also reflects on the appropriate way to apply the refined methods of physics to the hurly-burly world of markets.
Inhaltsverzeichnis
Prologue The Two Cultures 1
Chapter 1 Elective Affinities 17
Chapter 2 Dog Years 29
Chapter 3 a Sort of Life 53
Chapter 4 A Sentimental Education 65
Chapter 5 the Mandarins 77
Chapter 6 Knowledge of the Higher Worlds 85
Chapter 7 in the Penal Colony 95
Chapter 8 Stop-time 117
Chapter 9 Transformer 129
Chapter 10 Easy Travel to other Planets 143
Chapter 11 Force of Circumstance 175
Chapter 12 a Severed Head 191
Chapter 13 Civilization and Its Discontents 203
Chapter 14 Laughter in the Dark 225
Chapter 15 The Snows of Yesteryear 251
Chapter 16 the Great Pretender 265
Acknowledgments 271
About the Author 272
Index 273
Über den Autor
Emanuel Derman is a principal and Head of Risk at Prisma Capital Partners and a professor and Director of the Program in Financial Engineering at Columbia University. He was formerly a managing director at Goldman, Sachs & Co., which he joined in 1985 after an initial career in academic life and at AT&T Bell Laboratories. He is the co-creator of the widely used Black-Derman-Toy interest rate model and the Derman_Kani local volatility model. Among his many awards and honors, he was named the Sun Gard/IAFE Financial Engineer of the Year in 2000 and was appointed to the Risk Hall of Fame in 2002. He has a Ph D in theoretical physics from Columbia University and is the author of numerous articles in elementary particle physics, computer science, and finance.
Ebooks vom selben Autor / Herausgeber
35.472 Ebooks in dieser Kategorie
