<t>I also enjoyed reading the book. 5 out of 5 also.But having talked so much about risk etc. I wonder why Derman did not spend time describing the times of the buble burst..."how it felt to be inside the the firm in those fews days of huge drops in prices? and how the days of a quant passed during ...

<t>I recently read the book by Emanuelle Derman "My life as a Quant" and really liked it. It was full of motivational anectodes and made me clarify some of the important things one needs to attend when one is about to start a new project working alone or when one communicates with others or how one ...

Fathers and Sons by Turgenev is, I think, absolutely a must read.

<t>Neftci's book is great.It has alot of real world examples, and defines problems and solutions from the view of the trader (practioner) rather than classroom professor.Therefore, it is an interesting reading for a student, and very informative ...as lots of instruments that are not widely discusse...

<t>Dear all,I am talking about P. Venkataraman 's book..."Applied Optimization with MATLAB Programming", 2001.Did you find this book satisfactory (well written, good examples, and as the title says with lots of matlab examples?)Are the applications interesting and problems well defined? How would yo...

Suppose my Heston calibration parameter differ through time (say each day). Should I estimate the parameters for all the sample? How reliable are they then? I asssume they should be at least stationary.Demian

Hello,With regards to your attachment "HestonMonteCarlo2.zip"...may I ask why you multiply cdf of normal distribution by 2041?I dont understand that part. I appreciate your reppliesdemian

Could anyone provide a pseudocode (algorithm) for the monte carlo of Heston? Anyone able to get reasonably good results for the simulation of SV?demian