I hope you are well. I see you are busy...glad for that...nonetheless, are you available for crash course in binomial trees? Say an hour or so, on me? Prepping for a job interview. I don't think we ever covered this in 9814.
If not, I understand, & best wishes anyway.
No way those guys are stupid. Here is an article about Jack Meyer who was the CEO of Harvard endowment 1990-2006. The article is from 2005.
Smart, probably so.But while we're invoking Wall Street maxims, there's this: "Never confuse brains with a bull market."
Oct. 17 (Bloomberg) -- Harvard Universitys failed bet that interest rates would rise cost the worlds richest school at least $500 million in payments to escape derivatives that backfired.
Harvard paid $497.6 million to investment banks during the fiscal year ended June 30 to get out of $1.1...
Often the data-management part of the work I've done in Excel in support of some model would beg for more efficient ways to be done. This isn't my specialty, but I gather that the memory requirements -- the overhead -- of storing Excel row-and-column data (address, properties, etc) must be...
Thanks all for the input.
I would like to do a class project rooted in a practical market application. If anyone has something they need done in SQL with VBA, and it's suitable in scope for the project, I'll do it gratis in exchange for a reference.
My industry references are solid. If...
Better late than never, and in the interest of completion, the remaining notes are attached.
11/17 Effect of Elementary Row Ops on Determinants: Review.
11/24 Determinants: Review; Cramer's Rule.
12/01 Properties of Vector Space Ops; Dot Product, Norm and Distance.
12/03 Properties of Vector...
I'm inclined to think a curriculum in a hot new field is at least partly industry-driven. I'm inclined as well to suspect that the industry said, "give us people who can do the fancy math."
Separately, nobody can take a good idea and run it into the ground like Wall Street when in a regime of...