Paul Wilmott Introduces Quantitative Finance
Product Description
Paul Wilmott Introduces Quantitative Finance, Second Edition іѕ аn accessible introduction tο thе classical side οf quantitative finance specifically fοr university students. Adapted frοm thе comprehensive, even epic, works Derivatives аnԁ Paul Wilmott οn Quantitative Finance, Second Edition, іt includes carefully selected chapters tο give thе student a thorough understanding οf futures, options аnԁ numerical methods. Software іѕ included tο hеƖр visualize thе mοѕt … More >>
It is an incomplete treatment of some quantitative financial problems.
Rating: 2 / 5
Not interesting, dry and lacks math details. Lacks economic intuition. For me, Hull’s book even does a better job explaining Ito’s calculus. But Math/Physics guys may like it.
Rating: 2 / 5
Book provides a good foundation in the quantitative finance field.
Rating: 5 / 5
A delight to read, makes understanding of even the most complicated subjects easy. BEST CD IN A TEXT BOOK EVER! WHY ARE YOU READING THIS REVIEW WHEN YOU COULD BE READING THIS BOOK AND BECOME A QUANT!!!
Rating: 5 / 5
The book disapoints in presenting very few mathematical details. Perphaps this is
popular for some students but in order to learn quantitative finance there are no
highway options and math cannot be avoided to the degree as presented here. It provides a good understanding of how the market actually works, but there are other books such as John Hulls that provide a similar practical understanding and a better level of math.
Reading the back flap of the book, the author is presented as a cult writer not caring about academic prestige etc., implying that the rest of the books in the area are accused of being written only for academic reasons trying to impress colleages. I have a great respect for many of the books and authors in the area and I honestly think that the statement is false and quite pathetic.
We are living in the times where things must be “light”, anything from food to classical music, and increasingly so also academic books. This book is very light, which may please some student, but it will be inadequate for teaching purposes.
Read it as a complement to other more rigorous textbooks to get knowledge about how the financial markets operate.
Rating: 2 / 5