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BigBadwolf has the right idea. I have a bachelors in physics and I'm going through this book as we speak. The only financial background I have is from finishing Paul Wilmott's "Mathematics of Financial Derivatives", and I can honestly say that Shreve's book is quite difficult.


Since this book is so advanced, I have lifted my head out of it many times and looked through amazon for easier texts, but I always come back to Shreve. The way I see it is this; sure you could read a few easier books and buy Shreve when you feel more prepared, BUT if you're serious about becoming a quant you'll ABSOLUTELY have to know the material in this book. Therefore, you might as well grind it out and just have Google loaded up for whenever you don't fully grasp a concept (which is about every other page, seriously).


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