My first trip to Nairobi was interesting. I had heard a great deal about Africa and imagined a hotel room with wide open space and lush green background. The trip was work related so it wasn’t too much of a disappointment when I had to settle for a heated pool, a gym, a view [...]
For those of you who know me well, I am a sucker for beaches and old friends. When I get an opportunity to combine both, which now increasingly tends to happen in and around the Asia Pacific ICT Awards, I jump at it. Somkiat at Wealth Managment is a friend that Fawzia, Jehan and I [...]
Models at Work – Now available for sale on Amazon.com Models at work, the new text book for practical risk management is now available for sale on Amazon.com. The book’s electronic edition will hit the store on 13th December 2013, just two weeks before yearend. The print edition will be available in stores on 8th [...]
Measuring volatility across markets and asset classes. Pick the right method Here are questions that I recently asked in a workshop that I ran on trading volatility. Was 2004 as a year, more volatile than 2008? Was 2012 a good year for volatility? For a trader in volatility is Brent a better trade than [...]
Every now and then, this lovely city of ours grabs me by the neck and pleasantly surprises me. This Saturday armed with a camera and a trusted partner in crime, I ventured through an unassuming door on Stadium Road for just such a surprise. For what I...
Finance Training Courses celebrates 1 million page views One point one million page views and just over eleven hundred orders. Doesn’t sound like much in this day and age till you factor in that the page views are on posts related to derivative pricing, risk limits, treasury operations, pre settlement risk and Monte Carlo simulations. [...]
Preface: Models at Work I am not a Quant. I always wanted to be one but it took a single meeting with Goldman’s Firmwide risk team in London to clear any delusions I may have harbored. All remaining reservations were removed in the one PhD elective in Finance that I took with Maria Vassalou at Columbia. Despite [...]
Every year we put together a short guide for the PASHA delegation participating at the Asia Pacific ICT Awards. Here is the 2013-2014 pre Awards preparation guide for teams presenting to judges at the Asia Pacific ICT Awards. Items (1) to (5) require access to YouTube. Google Spotflux if that is an issue for you. [...]
Monte Carlo Simulation – iBook teaches how to build financial simulations in Excel. Building Monte Carlo Simulation iBook, our latest iBook on Monte Carlo Simulators in Excel is now live on the Apple iBook store. With 136 pages, 8 video lectures and 5 review sessions the iBook reviews the process of building Monte Carlo Simulators in [...]
Download Reboot for iPad without an iBook store A number of followers and friends would love to read the new Reboot, 3rd Edition, iBook on their iPads. If you have iBook 3 on your iPad you can now download a slightly scaled down version of Reboot. The scaled down version doesn’t include the videos since they [...]