{"product_id":"my-life-as-a-quant-isbn-9780470192733","title":"My Life as a Quant","description":"In \u003ci\u003eMy Life as a Quant,\u003c\/i\u003e Emanuel Derman relives his exciting journey as one of the first high-energy particle physicists to migrate to Wall Street. Page by page, Derman details his adventures in this field—analyzing the incompatible personas of traders and quants, and discussing the dissimilar nature of knowledge in physics and finance. Throughout this tale, he also reflects on the appropriate way to apply the refined methods of physics to the hurly-burly world of markets. \u003cp\u003ePrologue The Two Cultures 1\u003c\/p\u003e \u003cp\u003eChapter 1 Elective Affinities 17\u003c\/p\u003e \u003cp\u003eChapter 2 Dog Years 29\u003c\/p\u003e \u003cp\u003eChapter 3 a Sort of Life 53\u003c\/p\u003e \u003cp\u003eChapter 4 A Sentimental Education 65\u003c\/p\u003e \u003cp\u003eChapter 5 the Mandarins 77\u003c\/p\u003e \u003cp\u003eChapter 6 Knowledge of the Higher Worlds 85\u003c\/p\u003e \u003cp\u003eChapter 7 in the Penal Colony 95\u003c\/p\u003e \u003cp\u003eChapter 8 Stop-time 117\u003c\/p\u003e \u003cp\u003eChapter 9 Transformer 129\u003c\/p\u003e \u003cp\u003eChapter 10 Easy Travel to other Planets 143\u003c\/p\u003e \u003cp\u003eChapter 11 Force of Circumstance 175\u003c\/p\u003e \u003cp\u003eChapter 12 a Severed Head 191\u003c\/p\u003e \u003cp\u003eChapter 13 Civilization and Its Discontents 203\u003c\/p\u003e \u003cp\u003eChapter 14 Laughter in the Dark 225\u003c\/p\u003e \u003cp\u003eChapter 15 The Snows of Yesteryear 251\u003c\/p\u003e \u003cp\u003eChapter 16 the Great Pretender 265\u003c\/p\u003e \u003cp\u003eAcknowledgments 271\u003c\/p\u003e \u003cp\u003eAbout the Author 272\u003c\/p\u003e \u003cp\u003eIndex 273\u003c\/p\u003e  \"There are few \"gentlemen bankers\" left these days. Nor is there much room in the great financial houses for anything that smacks of the amateur spirit. That is why Emanuel Derman's memoirs are so compelling…Derman's wry humour and sense of irony are apparent throughout the book.\" - \u003ci\u003eFinancial Times\u003c\/i\u003e  \u003cp\u003e\"That sense of being an intruder in outlaw territory lends an intriguing mood to Derman's \u003ci\u003eMy Life As a Quant\u003c\/i\u003e, a literate and entertaining memoir.\" -\u003ci\u003eBusiness Week\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\"engaging\" --(\u003ci\u003eCFO Europe\u003c\/i\u003e, October 2005)\u003c\/p\u003e \u003cp\u003e\"Not only a delightful memoir, but one full of information, both about people and their enterprise. I never thought that I would be interested in quantitative financial analysis, but reading this book has been a fascinating education.\" –Jeremy Bernstein, author of Oppenheimer: Portrait of an Enigma\u003c\/p\u003e \u003cp\u003e\"This wonderful autobiography takes place in that special time when scientists discovered Wall Street and Wall Street discovered them. It is elegantly written by a gifted observer who was a pioneering member of the new profession of financial engineering, with an evident affection both for finance as a science and for the scientists who practice it. Derman’s portrait of how the academics brought their new financial science to the world of business and forever changed it and, especially, his descriptions of the late and extraordinary genius Fischer Black who became his mentor, reveal a surprising humanity where it might be least expected. Who should read this book? Anyone with a serious interest in finance and everyone who simply wants to enjoy a good read.\"–Stephen Ross, Franco Modigliani Professor of Finance and Economics, Sloan School, MIT\u003c\/p\u003e \u003cb\u003eEmanuel Derman\u003c\/b\u003e is a principal and Head of Risk at Prisma Capital Partners and a professor and Director of the Program in Financial Engineering at Columbia University. He was formerly a managing director at Goldman, Sachs \u0026amp; Co., which he joined in 1985 after an initial career in academic life and at AT\u0026amp;T Bell Laboratories. He is the co-creator of the widely used Black-Derman-Toy interest rate model and the Derman_Kani local volatility model. Among his many awards and honors, he was named the SunGard\/IAFE Financial Engineer of the Year in 2000 and was appointed to the Risk Hall of Fame in 2002. He has a PhD in theoretical physics from Columbia University and is the author of numerous articles in elementary particle physics, computer science, and finance.  Praise for My Life as a Quant  \u003cp\u003e\u003ci\u003e\"My Life as a Quant,\u003c\/i\u003e by Emanuel Derman is, indeed, a perfect memoir, as Derman, a South African–born physicist turned financial engineer, is a perfect memoirist.\" --Grant's Interest Rate Observer\u003c\/p\u003e \u003cp\u003e\"That sense of being an intruder in outlaw territory lends an intriguing mood to Derman's \u003ci\u003eMy Life as a Quant\u003c\/i\u003e, a literate and entertaining memoir.\"--BusinessWeek\u003c\/p\u003e \u003cp\u003e\"Derman's memoir of his transition from mathematical physicist to expert finance whiz at Goldman Sachs and Salomon Brothers reads like a novel, but tells a lot about brains applied to making money grow.\"--Paul A. Samuelson, MIT, Nobel Laureate in Economic Sciences, 1970\u003c\/p\u003e \u003cp\u003e\"Elegantly written by a gifted observer who was a pioneering member of the new profession of financial engineering with an evident affection both for finance as a science and for the scientists who practice it. Derman's portrait of how the academics brought their new financial science to the world of business and his descriptions of the late and extraordinary genius Fischer Black who became his mentor, reveal a surprising humanity where it might be least expected.\"--Stephen Ross, Franco Modigliani Professor of Finance and Economics, Sloan School, MIT\u003c\/p\u003e \u003cp\u003e\" a deep and elegant exploration by a thinker who moved from the hardest of all sciences (physics) to the softest of the soft (finance). Derman is a different class of thinker... I know of no other book that bridges the two cultures.\"--Nassim Taleb, author of \u003ci\u003eThe Black Swan\u003c\/i\u003e and \u003ci\u003eFooled by Randomness\u003c\/i\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989666808037,"sku":"NP9780470192733","price":22.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470192733.jpg?v=1761785023","url":"https:\/\/k12savings.com\/es\/products\/my-life-as-a-quant-isbn-9780470192733","provider":"K12savings","version":"1.0","type":"link"}