Now in paperback, ?a compelling, accessible, and provocative piece of work that forces us to question many of our assumptions? (Gillian Tett, author of Fool's Gold).Quants, physicists working on Wall Street as quantitative analysts, have...

Describing the collapse of the subprime mortgage CDO market in 2007, Derman urges readers to stop relying on these financial models where possible, and offers suggestions for mending these models where they might still do some good. This...

In My Life as a Quant, 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...