LISP = Super-powered XML

I am fascinated by the programming language LISP, since it seems to me that it offers a better union of the concept of instructions and data. Experience shows us that the shape of data often expresses an obvious algorithm for processing it, but most languages don't try to take advantage of that. LISP does. This … Continue reading LISP = Super-powered XML →

A fast-moving introduction to advanced probability theory

Here is a link to a PDF doc I wrote a few years back: My fast-moving introduction to Advanced Probability Theory. I was taught undergraduate probability theory by one of the best. Williams's book Probability with Martingales is a popular introduction to advanced probability theory, and was the text I used to learn about the formal theoretical … Continue reading A fast-moving introduction to advanced probability theory →

Understanding trader jargon

In this post I present some tips on how to understand fixed-income trader jargon. If you are a quant working closely with swaps or options traders (as I was once), then you won't get very far in a discussion unless you have a certain amount of fluency with the following terms. Some were passed on … Continue reading Understanding trader jargon →