Hull/Bodie/Wilmott
Hi all,
Options, Futures and Derivatives by Hull Investments by Bodie Quantitative Finance by Wilmott
What is the best choice out of these 3 famous books when you do not have an advanced background in Math/Statistics but want to learn it? The most user-friendly.
bodie
Bodie was the first finance text I ever studied. It's the easiest of the three, with Wilmott in the middle and hull in the end.
Ok, thanks for your help guys :)
is quantitative finance the one with the cartoons and shit? if so, that book sucks. go with hull.
wilmott has tried to make money out of shit...one of these attempts is the book with the cartoons and shit...it's geared towards all the desperate guys from 2nd tier unis that want to "break in" quantitative finance...the other book he has written about PDE pricing is quite good, but misses the risk neutral pricing approah..
Wilmott also created his own "quant finance credential".......
hehehehe...cqf...there are A LOT of desperate wanna-be-quants (as there are wanna-be-IBs too), and wilmott himself found a way to exploit this. But my 2cents are that this is shit...if you cannot be admitted to a good uni with an MFE/MFin/PhD you go this cqf hoping to join the quant party. But most of the times you will end up being a quantitative developer---->code from sunrise till sunset+++ whatever the quant tells you.
considering that there are "masters in quantitative finance" from cornell, MIT, princeton, etc, the CQF is like a joke credential compared to it and other real credentials like the CFA.
I remember stumbling on it on the wilcott website and its merely a way for the douche to make money by selling his classes (which I recall correctly, are a requirement for the credential and quite expensive). It was something like six afternoon classes and then you are awarded this utterly bullshit credential.
Man, I propose to create the "CIB" or Chartered Investment banker. Get some MDs and banking professors together to design the test.
Then charge massive fees to "potential entrants on this great intellectual journey" not to mention 1,000 dollar study materials and 2,000 dollar application fees,.....and make pass rates 20% on a curve so we can get a lot of failures. Then charge another 1,500 dollars for retaking the exam....:)
After doing this, use the MD connections and Ivy/elite B-school professors to get promotions from top colleges and BB's to make it "official"...
Yea, take that CFAI!
Hilarious yet very intriguing........
correction: MIT Sloan does not have a Masters in Finance, but my confidential info says that they are contemplating about one...
all the other stuff holds true...
Occaecati alias autem itaque reprehenderit. Aut et a et rerum vel quis earum.
Officia qui alias assumenda. Optio voluptatem aut itaque quisquam veniam eveniet. Et ducimus laboriosam quo vel velit. Architecto laboriosam natus a quisquam provident doloribus voluptas excepturi. Unde quia sed aut. Voluptatum molestiae rerum ea delectus ab inventore.
Sunt mollitia veritatis reiciendis repellat et totam. Rerum qui doloremque voluptatibus voluptatem qui dolorum. Eligendi distinctio eveniet omnis reiciendis assumenda sint cupiditate. Voluptas aut aut ab aliquid. Quia doloremque in beatae sapiente et ut. Inventore optio aut voluptas molestiae nihil nihil ipsum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...