Thursday, November 17, 2016

Calling all Quants: Emanuel Derman's "A Stylized History of Quantitative Finance"

We are fans.
Emanuel Derman is, along with Paul Wilmott, Edward O. Thorpe, Fischer Black and a few others, one of those who can legitimately be considered among the "Quantfathers".

From a footnote to last year's Emanuel Derman Reviews "The Age of Cryptocurrency":
...Previous Dermanettes:

Emanuel Derman, Tyler Cowen et al On "Why is Thomas Piketty's 700-page book a bestseller?"
"Derman, Rodrik and the nature of statistical models"
Emanuel Derman: "Money Changes Everything?" or Spinoza on Pain, Pleasure and Desire
Mr. Derman is a blogger based in New York City.
He also teaches at Columbia.

Before that he was head of the quantitative strategies group in the equities division, and then head of quantitative risk strategies at Goldman Sachs

And before that he was a theoretical physicist.

I hate him.

From the  Frankfurter Allgemeine Zeitung's Feuilleton...
Here is his personal homepage.
...Psst...I don't really hate him.
But do visit his homepage to see why one could.
Book Review: "Models.Behaving.Badly: Why Confusing Illusion with Reality Can Lead to Disaster, on Wall Street and in Life "

The Financial Modelers' Manifesto
And today's link from Mr. Derman's blog:
A Stylized History of Quantitative Finance
HT: FT Alphaville's Further reading post.