Recent content by WilliamY

http://en.wikipedia.org/wiki/Delta_One Will the real volatility stalker please stand up?

Robert: How did you get 1.5X? Thanks.

Lyosha: The graph shows total war cost around $3 trillion dollars. We are probably fine for now; I was talking about future entitlements and unfounded obligations (Medicare, Medicaid and Social Security). The present value of those unfunded obligations is an estimated $45.8 trillion...

<div class="content"><span class='print-link'></span><p>The attached liquidity analysis by Abel-Noser indicates that the US stock market has now become a concentrated pool in which just the top 99 stocks account for 50.09% of total domestic trading volume. In June, the top 20 stocks accounted...

The grass is greener on the other side. ;)

Issuers offer various coupon rates for investors with different objectives. Arbitrage will not be present if it's priced correctly with the zero-coupon rate. The difference in yields for same maturity bonds is attributed to the "coupon bias". Yields are merely a harmonic mean and are a rather...

What happened to One Laptop per Child (OLPC)?

Ceteris paribus, the higher a bond’s coupon rate, the higher its yield. That’s because each year the bond will pay a higher percentage of its face value as interest.

If you are purchasing a book from the master reading list or any financial engineering books, please consider supporting this forum by clicking one of the amazon.com links from quantnet.com.

Stay away from Joy! The word on the street is that he is quite weird as well. Buddy, stop hustling your couch. A hostel cost less than 50$ and you get a bed plus continental breakfast. A customer review of Joy's couch: "... Don't rest your head on the right side of the couch. It has a funny...

"To put it short, the main reason is my disagreement with the organized mathematical community... I don't like their decisions, I consider them unjust." Ain't no unjust honor.

Don't watch it. I just did and I regretted it. Nothing new here.

Very good stuff.

All I can say is that you are crazy! Standard & Poor's Indices Versus Active Funds Scorecard: Do you think you can outperform professional managers at Fidelity, PIMCO, or Vanguard consistenly? How about Jim Crammer at Mad Money? You should read more about these quantitative finance programs...

It makes sense. These shops give you 2 years to demonstrate that you can trade. If you are not profitable, you might get "asked" to work in research or other capacities afterwards. Also, if you decide that the career isn't right, you sure can walk out the door to another company. A Trader...