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by C3I2
May 18th, 2011, 10:14 am
Forum: Careers Forum
Topic: Leave the bank or take risk management position
Replies: 14
Views: 23134

Leave the bank or take risk management position

Go east young man!
by C3I2
June 15th, 2010, 3:27 pm
Forum: Careers Forum
Topic: Quantitative finance vs Mathematica trading & finance
Replies: 1
Views: 29130

Quantitative finance vs Mathematica trading & finance

<t>The courses, and possible electives is listed on their site. I'm guessing you have a difference of one or possible two mandatory course picks, look around a bit. Unfortunately you probably wont be able to find the exact course litterature lists for each course (sometimes unis treat it like its st...
by C3I2
June 11th, 2010, 9:39 am
Forum: Off Topic
Topic: What do MBA's who work for industry do?
Replies: 1
Views: 26012

What do MBA's who work for industry do?

<t>Sales, marketing, contract (and salary) negotiations, marrying the bosses daughter, and when in a senior leadership position changing jobs at least every three years so you can't get evaluated on your (failed) long term changes. Some dumb guys actually are production and product development orien...
by C3I2
June 10th, 2010, 11:37 pm
Forum: Student Forum
Topic: GARCH model for time series not equally spaced
Replies: 2
Views: 27241

GARCH model for time series not equally spaced

<t>No financial time series is equaly spaced in time. If you think about it you realise that you have various holidays, weekends and so on that mean you have no publicly traded prices. This also means you may have a price from one exchange but not from all, for certain dates. Then you'll also have o...
by C3I2
June 9th, 2010, 8:28 pm
Forum: Off Topic
Topic: Why More Econ Majors Are Republicans Rather Than Democrats
Replies: 10
Views: 27164

Why More Econ Majors Are Republicans Rather Than Democrats

<t>You don't make more money immediately after you taken one microeconomics course. The actual study of economics make you more free market oriented. If that is more right then left I leave up to you.---Feel free to go trough all questions, list them and provide the incorrect answer with motivations...
by C3I2
June 8th, 2010, 3:30 pm
Forum: Off Topic
Topic: Israeli pirates murder humanitarians
Replies: 916
Views: 85938

Israeli pirates murder humanitarians

<r>Actually, it would be. I think punishable with up two years in prison (if not more, but at least that), its on the same scale like if you helped somebody commit robbery but did not do it yourself I think. The problem is normally to prove that somebody actually did prepare, not just daydreamed abo...
by C3I2
June 8th, 2010, 3:16 pm
Forum: Off Topic
Topic: Why More Econ Majors Are Republicans Rather Than Democrats
Replies: 10
Views: 27164

Why More Econ Majors Are Republicans Rather Than Democrats

I actually walked into a gender studies class one time, everyone except the teacher was female and he asked me if I had not walked into the wrong room (I was supposed to be down the hall, so I had done that in fact).
by C3I2
June 8th, 2010, 3:11 pm
Forum: Off Topic
Topic: Israeli pirates murder humanitarians
Replies: 916
Views: 85938

Israeli pirates murder humanitarians

<t>I find this one interesting, not so much due to what happened but due to what did not happen, here in Sweden. That everyone including the conservative foreign minister (Bildt) denounced the Israelis is not surprising, it is what I would expect. But I like to compare it with something that happene...
by C3I2
June 8th, 2010, 2:19 pm
Forum: Off Topic
Topic: Why More Econ Majors Are Republicans Rather Than Democrats
Replies: 10
Views: 27164

Why More Econ Majors Are Republicans Rather Than Democrats

<t>Its a well known fact that students who study economics become more free market oriented, and that this translates to political position. This is however probably not limited to students of Economics. I'd guess people going to college often become more leftish on general, say you attend a so call...
by C3I2
June 2nd, 2010, 7:11 pm
Forum: Off Topic
Topic: British Petroleum and Investment Banks: Same bullsh*t, different industry
Replies: 15
Views: 28050

British Petroleum and Investment Banks: Same bullsh*t, different industry

<t>You know, that accident and the title of this post really makes me want to work at BP. That green crap they been pushing the last few years to "improve" their image had really put me off. But IB or and old fashioned oil company, that's sexy! Now, ideally, if I can work for a firm that makes a hos...
by C3I2
June 2nd, 2010, 4:47 pm
Forum: Student Forum
Topic: Binomial Trees to value option
Replies: 8
Views: 28680

Binomial Trees to value option

<t>My intuitive guess is that its because the TREE does not model the actual (expected) price movement of the underlying. Hence no matter how small the steps are, you cant use it to calculate an unbiased estimate of the average price. That pesky real vs. Risk Neutral world difference. Do please tell...
by C3I2
June 2nd, 2010, 1:17 pm
Forum: Student Forum
Topic: What Volatility model do investment bank use to price their exotic and vanillia equity option
Replies: 8
Views: 29310

What Volatility model do investment bank use to price their exotic and vanillia equity option

Anyone using the models they publish? PS I'd also like a model with my name on it, even if its not used by anyone, it has to be better then having a butterfly named after you, and almost as good as a knighthood DS
by C3I2
June 2nd, 2010, 12:30 pm
Forum: Student Forum
Topic: Binomial Trees to value option
Replies: 8
Views: 28680

Binomial Trees to value option

<t>Can't? Obviously you can value Anything with numerical methods, I'd probably do it with a binomial tree, but then I'm an hopeless academic, we use those all the time as teaching aids. But lets quote Aristotle, or in this case Wilmott: "I like the binomial method, I really do. But only as a teachi...
by C3I2
May 30th, 2010, 5:03 pm
Forum: Book And Research Paper Forum
Topic: Arbitrage Theory in Continuous Time
Replies: 3
Views: 30015

Arbitrage Theory in Continuous Time

I have yet to check out the latest edition, the one in my shelf is edition 2 I think, might even be ed. 1. If you do a search on the forum you'll see most like it. Of course, I'm biased due to my SSE and KTH connection(s)....
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