James Montier's book should be quite good as an introduction, judging from his research papers

it is ridiculous that they'd give a prize to someone whose theory is being disproved on a daily basis (Fama and EMH). financial economics was awarded with merton and scholes, whose work is younger than fama's. not to mention last year's prize for financial econometrics.

equities, fixed income, major derivative classes (no need to go too exotic), currencies and commodities basically. credit derivatives a plus but not requisite. some flexibility for structured stuff. and also has to be able to cope with brazilian specifics.

not when the employer is paying for the print and i'm doing it one chapter at a time, while i have the time to learn it

thanks a bunch. second link has a broken pdf btw, first link works fine.

is "Thinking...' available in PDF?? it is that much easier to print...thx

<t>MATLAB based NN toolbox is quite powerful. I've done extensive work with it, mainly in the backpropagation implementations. It is easy to use (fast and easy PCA, quite a lot of different learning algorithms, me likes!) and somewhat fast. User's guide is very very good - I learned as much there as...

<t>hi! i work for a brazilian hedge fund, and we've just launched a global fund. thing is, up until today, we haven't felt the need to build big systems for bookkeeping, pricing and overall management of our positions (basically we work with a mix of excel and small in-house softwares, built over an...

i'm not really into the details of the math finance course at IMPA, but the reputation of the school is rock-solid, and I've heard it's a pretty demanding course. and it is one of only 2 hardcore quant finance courses available in brazil (the other one is at USP).

no he did not.we're based in são paulo and that particular boss studied at Poli, the top engineering school in the country and yes, it is Jardim.though i'm surprised by that portuguese skill - have you been to brazil?

let's say that in our market - brazilian hedge funds - my boss would be what you call "super genius"having had the pleasure to work beside him for over an year, i'd say he falls into what you call "lucky with a slight edge"and i also subscribe to that belief.

i say bad. specially in the market where we trade most of the time - brazilian realbut that same boss made a ton of money being short vega last year - and i the junior kid who does the math was always saying that it was a bad trade to do...

sorry but i don't get what u mean

<t>QuoteOriginally posted by: NoniusQuoteOriginally posted by: LuizPauloi mean being short vega, in other words, any move up in vol hurts you.gotcha, I think most people would say long vs short vega. first time I've heard up vega.it's kinda funny, 'cause my boss always says up vega exposure and down...

i mean being short vega, in other words, any move up in vol hurts you.