Now that power is not storable, and all basic relations of BS and arbitrage arguments collapse; even the forward/future price relations... Know a little about mean reversion.If you can spare some time look at Eydeland's book. Good luck.

Lehman is very diversified and very well managed with good risk management. At least the Quant-Finance community should be able to come with better logic than "ok, #5 (BS) is gone, who's next.. #4 (Lehman)...".

<t>QuoteOriginally posted by: pgeekQuoteOriginally posted by: misiti3780$2 per share, when their building in midtown is worth over 1 billion? what is going on here?BS will have liabilities, at least it got a positive evaluation!Aren't those liabilities reflected in the book value of $80? I understan...

I think MJ's book is the bomb!! I think it is worth its value in gold, seriously; because, imho there isn't a single sentence missing or extra within its defined scope.

<t>Another point to consider: Columbia IEOR and the DRO department under business school basically run their PhD programs jointly. Each program is considered top 10, and jointly they are a force to be reckoned with.There are some brand names of quant-finance like Paul Glasserman and Mark Broadie at ...

Dr. Joshi, any approximate date as to availability of the 2nd Edition?QuoteOriginally posted by: mjwell they progress but not quickly...

Dr. Joshi, any approximate date as to availability of the 2nd Edition?QuoteOriginally posted by: mjwell they progress but not quickly...

<t>^^Well overall university: ivy league, top ~5 (definitely top 10) the business school: consistently ranked top 5 to 10 in MBAs. My department: almost all graduates either as professors in very good universities (inc ivy league), or at top firms (lehman goldman etc..). my advisor: the guy who inve...

<t>^^ Interesting point about "Business Schools". I am getting my PhD in Operations Research from a business school. My department is objectively considered one of the best (#1 probably) in OR., and it is very hardcore and rigorous. But, are you guys suggesting I should replace the first line in my ...

QuoteOriginally posted by: mji agree that basic C++ is sensible. Reading my book is, of course, even more sensibleMJ great book by the way, probably the best I've seen. Your "Concepts" book is also at the top of my to-read-list.

<t>QuoteOriginally posted by: DCFCSaying you've read Duffy,Joshi,Sutter is a mildly objective way of conveying a level of C++ skill.But as I say elsewhere, you must back this up by being able to do any questions in those books.The problem is I don't think interviewers will ask specifically from thes...

<t>Quote IMO doing C++ part-time (for lack of a better term) is very difficult. You cannot learn it from any book without spending months and years taming this beast.Then I would advise C# instead. Easier.And don't forget templates!!!! Exactly what I think! But, for a student like me, this is a "chi...

<t>QuoteOriginally posted by: mji agree that basic C++ is sensible. Reading my book is, of course, even more sensibleHi! I have a similar situation. My C++ skill is not quite advanced, but I believe I have the basic level experience, and I have been trying to improve myself by reading/coding D.Duffy...