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Author: Emanuel Derman
There are older kids on our street too. The B___ family – father, mother two teenage boys — live on the farther arm of Woodburn…
Comments closedThis is my tale of disappointment, of ground-breaking research gone awry and then embraced as a tool for political manipulation, written in December 2012. F.A.Z.-Column…
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What all of these languages–FORTRAN, C, the UNIX shell sh and its text manipulation tools such as awk, vi and sed–had in common was that…
Comments closedA graphical description of how Maxwell’s Equations lead to electromagnetic waves. Maxwells Equations Make Waves
Comments closedThough I hardly run much anymore, I recently bought myself a pair of fluorescent-pink Nike Vaporfly shoes (the only color available), the ones in which…
Comments closedA single name–Bjork or Madonna–is grand. A single name with its own name is even grander.
Comments closedThere is an unfortunate strain of pedantry running through the teac ing of quantitative finance, one in- volving an excess of abstraction, formality, rigor, and…
Comments closedGood hotels disembody you but don’t depersonalize you. Why Is This Interesting: Life in the Hotel Okura
Comments closedVolatility is the propensity to continually change one’s current state, irrespective of the direction of the change. … Whereas uncertainty came late in the discussion…
Comments closedOne of my favorite artworks is a 1986 collage by David Hockney called? Pearblossom Hwy. A photo or print cannot do justice to the original,…
Comments closedI’ve lived here for close to fifty years, but I still see it with foreign eyes through which New York is a glamorous sophisticated place…
Comments closedWe examine a broad variety of strategies intended to protect a fund of funds from downside risk, focusing on the protection provided by investing…
Comments closedAn all-American friend of mine sometimes accuses me of having a pessimistic European view of life. It’s true: I (used to) like sad movies. ?I…
Comments closedSome styles of faulty reasoning, often a function of character, highlighted by the occurrence of the corona virus. I actually don’t know many panicky people.…
Comments closedWhen I was a blue-eyed boy in the early 1950s in Cape Town near the southern tip of Africa, much of the popular music on…
Comments closedMother Goddam’s bar in Mandelay Seven planks over the greenish bay Goddam, what kind of establishment that was! Fifteen men waiting for their turn The…
Comments closedIt was many decades ago that I discovered Kurt Weill and Lotte Lenye. I had known, of course, about Bobby Darin’s Mack the Knife, but…
Comments closedI have written about this topic more than ten years ago, but today I was reminded again of the immense difference between knowing what to…
Comments closedThe other night I was having dinner with an erstwhile collaborator (academic, not WWII) and we were talking about the relation between psychological time and…
Comments closedFinancial Heists – article in The Guardian
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By the symbol ‘>’ I mean ‘is stronger than‘ or ‘can wipe out‘ or ‘dominates‘. Pain > Pleasure Physical pain > Psychic pain Psychic pleasure…
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