Maths is fun. Many people reading this blog and the Forum get a real kick out of maths and problem solving. I’ve had many jobs and careers in the last three decades, and started various businesses, but the one thing that I keep coming back to is mathematics. There’s something peaceful and relaxing about an interesting maths problem that means you can forget all your troubles, just get totally absorbed in either the detail of a formulation, calculation or solution, or lie back and think of deep concepts.
I wonder if that’s one of the reasons quantitative finance is in such a mess.
I’m going to let you in on the big secret of quantitative finance, and you must keep this secret because if word got out then that would be the end of all masters in financial engineering programs. And universities make a lot of money from those.
Ok, the big secret...Quantitative finance is one of the easiest branches of mathematics.
To read more of this post: http://www.wilmott.com/blogs/paul/index.cfm/2008/4/1/Science-in-Finance-VIII-The-Maths-Sweet-Spot
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