1_from the intuitive but mathamatical standpoint, Fabozzi explains some concepts like IID hypothesis and survivor biases, general equilibrium in common nor the complicated formula.
2_to start with some classical theories like CAPM & APT in detail whose models are static, it also presents some dynamic models about machine learning.
3_put forward the entire framwork of the quantitative finance, including the traditional models like linear regression and advanced tech like cluster and SVM.
4_nevertheless, to concentrate on the prediction on the time series may not be proper methodology while to counter the changing of the price and follow the trends of the market should not be ignored.
intuitive & quantitative
《Trends in Quantitative Finance》热门书评
书名： Trends in Quantitative Finance
作者：
出版社： Research Foundation of CFA Institute
出版年： 2006-4-21
页数： 144
定价： USD 9.95
装帧： Paperback
ISBN： 9781932495492