Schweser study notes for CFA Level 1 are 180 pounds this year. I wonder, are they that much different from year to year? And how much actual work to you need to realistically put in if you have a good numerate degree?Anyone in London want to sell me their notes from last year?

<t>P is the probability in the real world.Q is the probability in a weird parallel universe where everyone is indifferent to risk.Q is thus more tractable than P as it does not depend on individuals' preferences.It turns out that Q is useful because you can price derivatives in Q-world, and the math...

Has anyone read the book 'Statistical Arbitrage' by Stephen N.P. Smith?What did you think of it?(I heard a draft of it was available for a brief period of time but the final book hasn't been published yet)

Thanks very much for your summary - I intended to go but I couldn't make it - good to hear what went on.So.... Who's going to cough up the nine grand? Seems like a lot of money compared to reading a copy of Hull for a year....

<t>Thanks for all your thoughts -- some very interesting ideas, especially the 'personalised derivatives'! I reckon I'd be happy to give someone a few bucks to hedge me against the big basket of things that could go wrong beyond my control (though isn't this just 'insurance' rather than sexy excitin...

<t>I noticed Paul Wilmott's book has a CD with VB code for his models -- might be a good way to learn VB if you already have some programming experience?I recommend Sam's Teach Yourself C++ in 24 hours for the C++ beginner. It's not a comprehensive guide to the language, but it will give you a worki...

<t>I was talking to a quant the other day about the current ecocomic downturn. I asked him if he thought the good times will come back in the next couple of years, and he drew me a graph of good-time-ness going right back to the 1970s, which went up from the start to 2000, then started to go down......