Download Frequently Asked Questions in Quantitative Finance AudioBook Free
Paul Wilmott writes, "Quantitative finance is the most fascinating and rewarding real-world application of mathematics. It is fascinating because of the speed of which the topic develops, the services and the new models which we have to understand. And it is rewarding because anyone can make a simple breakthrough. "Having worked in this field for quite some time, I've come to appreciate the importance of getting the right balance between mathematics and intuition. Inadequate maths and you won't have the ability to make much progress, too much maths and you will be held back by technicalities. I imagine, but expect I will never know for certain, that getting the right degree of maths is similar to having the right equipment to climb Mount Everest; inadequate and you won't make the first base camp, too much and you'll collapse in a heap prior to the top. "Whenever I reveal or teach this subject I also aim to have the right mixture of theory and practice. Finance is not really a hard science like physics, which means you have to accept the limitations of the models. But nor is it an extremely soft science, so without those models you would be at a disadvantage weighed against those better equipped. I believe this adds to the fascination of the topic. "This FAQs book talks about some of the main aspects of financial engineering, and considers them from both theoretical and practical points of view. I am hoping that you will observe that finance is merely the maximum amount of fun used as theoretically, if you are scanning this book to help you with your job interviews, good luck! Let me know how you can get on!"