My Life as a Quant P

1. Auflage 2007
ISBN: 978-0-470-19273-3
Verlag: John Wiley & Sons

Buch, Englisch, 304 Seiten, Format (B × H): 151 mm x 228 mm, Gewicht: 380 g

Reihe: Wiley

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.

Autoren/Hrsg.

Derman, Emanuel

Fachgebiete

• Wirtschaftswissenschaften Wirtschaftswissenschaften Unternehmensgeschichte, Einzelne Branchen und Unternehmer
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere

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 Autor(innen)

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 SunGard/IAFE Financial Engineer of the Year in 2000 and was appointed to the Risk Hall of Fame in 2002. He has a PhD in theoretical physics from Columbia University and is the author of numerous articles in elementary particle physics, computer science, and finance.