Recent content by examinator

37 views and no replies? Isn't financial engineering about hedging and creating exotic instruments that benifit corporations in terms of taxes?

Is it possible to engineer a synthetic bond that is more tax exempt then a municiple bond?

Heres the the deal I have a program I'm writing in matlab for a class and thus far Ive made a function that saves values in an array. array 1: x = [a1 a2 a3] array 2: y = [b1 b2 b3] the size of the array will be known, I need to use another function(already made) call it f to do the following...

Ok I'm an actuary and will be graduating in December and get a job shortly after. I plan on contributing 25% of my salary(more as I accumulate raises) in accuiring assets. Half I will put in a mutual fund, and the other half I will put in my own bond/credit securities portfolio. I plan on...

I agree, assuming volatility is constant is being to optimistic, in fact a price chart looks like a random variable that is constantly changing its parameters at random points in time, which actually makes sense since the market is constantly "updating itself" when new information is learned...

You tell me. I would guess options since to me it seems that there fair value is in the realistic grasp of mathematics as the cost of an option is really an insurance premium for how risky the asset is. Couldn't one buy undervalued options and sell them for more than they are worth or vice...

Thanks for the quick reply. On 1 & 2. I know successful investing will only come with experience and perseverance. So you mean to tell me being a quant for a career gives no added advantage to becoming a sucessful investor over persuing another career? Don't quant employers use you to make...

Hey Quants. I am currently in my last year of obtaining a bachelors degree in mathematics and also persuing a career in actuarial science. I have been studying for my 3rd exam MFE which is entirely option pricing (binomial trees, black-scholes, brownian motion etc) and also covers interest rate...