Paul Wilmott on Quantitative Finance 3 Volume Set (2nd Edition)
| Author | : | |
| Rating | : | 4.12 (790 Votes) |
| Asin | : | 0470018704 |
| Format Type | : | paperback |
| Number of Pages | : | 1500 Pages |
| Publish Date | : | 2016-04-26 |
| Language | : | English |
DESCRIPTION:
"We are better off with Wilmott's work than without it" according to Bachelier. Paul Wilmott has made quantitative finance his life's work, and this (now three volume) collection of his explications of his own fundamental work and the aggregation of the dispersed work of others is a welcome reference library in a field of increasing density.Here is. "Good summary, but of no use to a job seeker" according to N. Tuzov. I totally agree with the review of James Ward below. It really doesn't make sense to complain that a SUMMARY of any kind "doesn't cover x" or "glosses over y" because that's unavoidable.However, I'd like to shed some light of how large the "non-coverage" can be. For ins. If you plan to work in quant interest rate derivatives, you *must* read it I have used this book to teach a quantitative course on Fixed Income and Interest Rate Derivatives to those Master-of-Science students who are ready to enter the job market. Several of them got jobs in the quant finance industry as a result of this course. They told me
Parallels are drawn between the respectable world of investing and the not-so-respectable world of gambling.Volume 2: Exotic Contracts and Path Dependency; Fixed Income Modeling and Derivatives; Credit Risk In this volume the reader sees further applications of stochastic mathematics to new financial problems and different markets.Volume 3: Advanced Topics; Numerical Methods and Programs. In this volume the reader enters territory rarely seen in textbooks, the cutting-edge research. Numerical methods are also introduced so that the models can now all be accurately and quickly solved.Throughout the volumes, the author has included numerous Bloomberg screen dumps to illustrate in real terms the points he r
Zentralblatt MATT May 2008 "a very good first textbook on quantitative finance, especially, not only, for mathematics who need introducing into finance".Zentralblatt MATT May 2008 . "a very good first textbook on quantitative finance, especially, not only, for mathematics who need introducing into finance"