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by perico
June 24th, 2015, 10:34 am
Forum: Brainteaser Forum
Topic: Secret Santa
Replies: 2
Views: 11430

Secret Santa

<t>Hi, guys, an easy problem for you:We have 10 people. Each one of them has to make a present to somebody else (not to himself), so that everyone will end up with one present from another guy from the group. After a valid draw in which everybody will get a present, which is the probability that at ...
by perico
November 25th, 2003, 9:04 am
Forum: Off Topic
Topic: yoga
Replies: 19
Views: 191255

yoga

I recommend also to reread the other topic "yoga"
by perico
November 25th, 2003, 9:04 am
Forum: Off Topic
Topic: yoga
Replies: 19
Views: 191255

yoga

I recommend also to reread the other topic "yoga"
by perico
October 20th, 2003, 9:37 am
Forum: Off Topic
Topic: Bates method for Vision
Replies: 7
Views: 189785

Bates method for Vision

I wear glasses, but my vision is getting worse every time I visit the oculist. I have read about this Bates method, which consists in simple exercises for the eyes. Anybody has tried the Bates method to improve his/her vision?
by perico
June 30th, 2003, 6:12 am
Forum: Off Topic
Topic: yoga
Replies: 12
Views: 190359

yoga

I know of a yoga teacher which is really serious. He gets up every morning at 4 a.m. and practices asanas for 2 hours, 1 hour pranayama, 1 hour meditation (daily!). Besides, he is vegetarian. He leads a normal life, is married, with one child. He has two jobs, and sleep only around 4-5 hours.
by perico
June 30th, 2003, 5:58 am
Forum: Off Topic
Topic: yoga
Replies: 12
Views: 190359

yoga

<t>QuoteYeah this is really important, I find a lot of people in the west (some Indians too, sadly) are modifying/extending yoga to suit themselves or cater to fitness fads. The other day I was reading about somebody conducting Yoga in a heated environment where you get to 'sweat it out' while pract...
by perico
June 27th, 2003, 2:24 pm
Forum: Off Topic
Topic: yoga
Replies: 12
Views: 190359

yoga

<t>Any Wilmotters which practice yoga? Just taken a course and seems very interesting. After a session you feel much better. It seems that yoga is winning its place in the world as an ancient method of relaxation. Anyway, the classical and ultimate goal was the realization of the self (whatever that...
by perico
April 28th, 2003, 5:55 am
Forum: General Forum
Topic: Hedging with Wrong Parameter
Replies: 9
Views: 190484

Hedging with Wrong Parameter

<t>QuoteSo, do we have a wannabe rogue trader in the making here or what? No, FDAXHunter. You have an exotic product and have no idea of certain parameter. No idea of its historical value, no idea about its market implied value. Then you try to be very conservative. The problem is that you may lose ...
by perico
April 24th, 2003, 2:12 pm
Forum: General Forum
Topic: Hedging with Wrong Parameter
Replies: 9
Views: 190484

Hedging with Wrong Parameter

<t>I agree mostly with you, but wanted to know the opinion of this forum. One simplistic argument: I think of the problem as if a have, for example, a call option in my book. I mark-to-market only 75% of it, giving value 75 for example. Therefore 25 is kept hidden. This corresponds to one quarter of...
by perico
April 24th, 2003, 1:25 pm
Forum: General Forum
Topic: Hedging with Wrong Parameter
Replies: 9
Views: 190484

Hedging with Wrong Parameter

3 points:- Sorry, I wrote too quick. I wanted to say marked-to-market instead of market making. - What is dV/dRho, variation of Vega wrt Rho? - I could not understand your opinion? Would we lose money or not? (at least theoretically)
by perico
April 24th, 2003, 12:47 pm
Forum: General Forum
Topic: Hedging with Wrong Parameter
Replies: 9
Views: 190484

Hedging with Wrong Parameter

<t>You are a trader and user of a model. One of the parameters of the model, say a correlation, is set very high: 95%, instead of a more realistic 30%. Imagine a deal is done. Market making gives you a value of 100, but instead should be 150 (you have hidden value due to the higher correlation). You...
by perico
April 24th, 2003, 5:40 am
Forum: Technical Forum
Topic: cancelation decision for bermuda option
Replies: 3
Views: 189893

cancelation decision for bermuda option

Quoteit would depend a lot on the pay-off and the market state. Please, elaborate. We speak, for example, of a payer swaption NC 1 year, strike 3, with probabilities to be cancelled in year 1 or 40%, and in year 2 of 30%.
by perico
April 23rd, 2003, 6:19 am
Forum: Technical Forum
Topic: cancelation decision for bermuda option
Replies: 3
Views: 189893

cancelation decision for bermuda option

<t>Imagine you have a bermuda option with right to exercise at year 1, 2 and 3. You have a system with exercise probabilities 20%, 15% and 25%, being the probability of not exercising is 40%. Would you exercise this option, and when? Which is the "general" rule for exercise probabilities p_i with i=...
by perico
September 12th, 2002, 12:10 pm
Forum: Off Topic
Topic: Liars poker
Replies: 24
Views: 193763

Liars poker

This may be a stupid question, but I do not know the rules of Liars poker. Could you please tell me. Also I would like to know any winning strategy for the game.Thanks in advance
by perico
September 11th, 2002, 7:36 am
Forum: Careers Forum
Topic: Radical change?
Replies: 2
Views: 189695

Radical change?

Do you think this is a radical change: I have just changed from stocks analysis to fixed income volatility trading. Any recommendations?
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