Emanuel Derman in article titled The Great Pretender (Derivatives Strategy, January 2001) asks the question: "So why do the methods of hard science work less well in finance?" http://www.ederman.com/new/docs/ds-the_great_pretender.html
Anyone with interest in quant finance sees that most quant job ads ask for 'hard sciences' background. Is the 'hard science' background ideal / sufficient / suitable for financial markets even when "methods of hard sciences work less well in finance"?
:tiphat:
Anyone with interest in quant finance sees that most quant job ads ask for 'hard sciences' background. Is the 'hard science' background ideal / sufficient / suitable for financial markets even when "methods of hard sciences work less well in finance"?
:tiphat: