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My Life as a Quant: Reflections on Physics and Finance
My Life as a Quant: Reflections on Physics and Finance

Paperback
Author: Emanuel Derman
Publisher: Wiley
Release Date: 2007-12-21
ISBN-10: 0470192739
ISBN-13: 9780470192733
List Price: $16.95
Average Customer Rating:
Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0
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Summaries and Customer Reviews are supplied by Amazon.com

Summary:
In My Life as a Quant, Emanuel Derman relives his exciting journey as one of the first high-energy particle physicists to migrate to Wall Street. Page by page, Derman details his adventures in this field—analyzing the incompatible personas of traders and quants, and discussing the dissimilar nature of knowledge in physics and finance. Throughout this tale, he also reflects on the appropriate way to apply the refined methods of physics to the hurly-burly world of markets.

Customer Reviews
Average Customer Rating: Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0

Book worthy to buy
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5
Well written book for people who would like to become Quant while their major is not finance.

nice intro into working on wall st (as quant)
Customer Rating:  Score = 4 Score = 4 Score = 4 Score = 4 Score = 4
I wanted to get a better picture on how it is to work as a "quant" on Wall Street, not knowing much to start out with. The book certainly met my expectations. I was a bit surprised that most of the research effort goes into financial engineering (developing and analyzing new products) as opposed to trying to better understand/predict how already existing products will do. It was interesting to understand the relationship between "quants" and traders. Finally, a bit surprising that so little from physics was applicable.

Appreciation for author's effort
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5
Though I barely have a clue about the models presented in the book, the author provided a very informative and descriptive view of life as a Quant. It even gives a picture of working in Wall Street. I thank the author for his effort.

Learn: What is a quant, and what's it like to be one, and why would you?
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5
I enjoyed this book very much. It's like a memoir, but focuses on his professional life. He talks about his training in physics, and how hard it is to get satisfactory (to him) employment. He switched to being a quantitative analyst on Wall Street. He talks a lot about what that really means, how the quants fit into the structure of Wall Street, and he even gets into some of the technical detail (I would have liked a bit more of that). It's well written and fun.

Boring and repetetive
Customer Rating:  Score = 2 Score = 2 Score = 2 Score = 2 Score = 2
Very (very) shallow on technical content. Bizarre and boring anecdotes about the politics of the big investment banks. Detailed stories about uninteresting aspects of the author's life. I kept looking for some real beef, but gave up at some point.

























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