dinsdag 10 mei 2011

Valuation and risk management

Posted at: july 1, 2009 10: 53 AM | Posted By: Paul Wilmott.
Related categories: General valuation and risk management of the two sides must hold with the quant business as a beautiful interface. Respect equal and with equal suspicion and requires close interaction between them.

In the study of valuation should not be the domain of abstract of mathematicians with the risk management of partners that make. In practice must not create quants replicas that do not understand risk management.

At every stage of the valuation and development models. You must be able to ask questions about the risks and the danger it reliability with some fancy version and start asking questions about errors only to model after. Anyone ever have to calibrate the model, determine how to reduce the risk of a version almost as an afterthought and not consistent with the original version of totally. This is not necessarily the case.

In our store for CQF and risk management is equal to the structure of an unashamedly mathematical CQF. Module by module we add mathematical and flexibility in each lecture you will see the risk model and stability of the model along with the theory of valuation. This is about financial ought to be teaching here is how the adults find and it will help resolve the conflict between the theory and practice.

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