Recent content by bigbadwolf

John Derbyshire's take on the situation. I offer it without comment (as there are people who may object vehemently). There's a saying, "Go woke, go broke." https://www.unz.com/jderbyshire/as-a-former-credit-suisse-risk-management-shlub-i-ask-is-dei-bringing-down-the-banking-system/

I dunno about that. Is the US banking system safe and well-capitalized? But more importantly, will we again have to endure Biden's vacuous and meaningless grin as he assures us that all is well with the American economy? This is the real issue...

I would say go for it. It's fully funded. Try to learn some interesting and useful math in the process. Employers can go to the devil. The problem with the MFE is cramming too much into too little time. But you won't have that pressure here. UMass Amherst is not a bad school.

https://experimentalhistory.substack.com/p/the-rise-and-fall-of-peer-review

Capinski and Zastawniak's Mathematics for Finance.

Dicey. Very dicey. Better have a fallback position or Plan B. On the bright side any number of bum MFE programs will be happy to take your money.

Enlightening essay by Cedric Durand in the current NLR: https://newleftreview.org/issues/ii138/articles/cedric-durand-the-end-of-financial-hegemony

Ben Garling used to be at Cambridge and probably the three volumes of his analysis book were and are being used for Parts 1 and 2 in DPMMS. Work through that book. It's better than most American texts.

Throw away the economics courses -- waste of time. Nothing wrong with applied math but make sure you get a year of real analysis, one semester of ODEs, and at least one semester of PDEs. Two semesters of statistics. A course in probability.

All these beginners books? How antiquated are they? Of course they're antiquated: they're introducing people, often with little or no coding experience, to C++. The more recondite and au courant aspects of C++ can wait until a second or third pass. You can't learn to run if you can't even walk...

Use GCC, preferably on a Linux system. And there are enough basic C++ books around so that one doesn't go into a course like this completely ignorant.

Britain is in seriously bad shape. Your bosses won't be doing you a favor by moving you there. I would stay on in India. The grass always looks greener on the other side.

MMFInfoAcct just told you. Maybe work on that V163 ....

I use two criteria to judge whether someone is a gentleman: 1) the watch on his wrist, and 2) his mastery of Latin.

Other than Garling's three volumes, there's also the thre volumes by Amman and Escher, which can again be unequivocally recommended. And also the books by David Bressoud. Zorich is fine as well. I just don't see the rationale in using a book which came out when Elvis Pressley was singing "You...